What is Binamon (BMON) | What is Binamon token | What is BMON token
In this article, we’ll discuss information about the Binamon project and BMON token
Binamon is a complete metaverse of Digital Monsters that live on the Binance Smart Chain (BSC), which allows millions of people to join the NFT & blockchain-based gaming world in an easy, creative and fun way.
ABSTRACT: -The Binamons have the following characteristics: Class, Attack, Hornpower (Resistance) and Element.
-Each characteristic provides a greater strength and performance to the Binamons during the game and battles. These characteristics also increase the intrinsic value and market price of the digital monsters.
-Users will be able to create and receive a physical version of their Binamons at home. For this, they must use the smart contract created for this purpose, prove ownership of the NFT, and pay for it with the $BMON token.
HOW IT WORKS
Through a smart contract called Booster, the NFTs will be minted (BEP721) , using the $BMON token (BEP-20). The strength and powers of the NFTs are created randomly following probability calculations. -Then the smart contract mints 3 different Binamons with unique features and powers
STAKING
Earn passive income: Stake your Binamons to earn $BMON tokens.
Higher rewards with rare Binamons: the ultra-rare Binamons will earn the best staking rewards.
ECONOMIC MODEL
The Binamons have the following characteristics: Class, Attack, Hornpower (Resistance) and Element.
Each characteristic provides a greater strength and performance to the Binamons during the game and battles. These characteristics also increase the intrinsic value and market price of the digital monsters.
There is an algorithmic cost associated with the generation of each Binamon. This cost depends on the difficulty to generate the characteristics of each Binamon, and the amount of $BMON tokens spent to generate it.
The algorithmic cost of the most powerful Binamon, taking into consideration the price of the $BMON token at the time of the public sale, is greater than $1,000,000 USD
MOBILE APP
Wallet: In addition to holding and showcasing the collections, users will be able to buy & sell their Binamons through the mobile app.
P2P Exchange: You can easily trade Binamons with other community members via the mobile app.
Monitor: You can also carry out operations such as checking your balance and staking rewards.
BATTLE MODE:
-Battle to earn: With the battle mode, users will be able to fight each other by wagering $BMON tokens. The winner will take the prize.
-Burn mechanism: A small % will be burned. Battles will be matched between Binamons of the same class. The fight will be resolved by smart contract
-Good incentives: The most powerful Binamon will have a better chance at winning, but the weakest one will get a greater reward.
MULTIPLAYER GAME:
-Powered by $BMON: The Binamon game, is an adventure multiplayer game, whose economy will be powered by the $BMON token.
-In-Game Assets: Players will be able to create assets and sell them on the marketplace. Assets will have the ability to enhance the power of the Binamons.
-Trading Zones: There will be in-game trading zones for players and content creators to buy and sell assets .
-Technology: The chosen technology is Unreal Engine.
OFFICIAL STORE
TOKENOMICS
Token symbol: BMON
Total supply: 300M
Hardcap: 4,000 BNB
Seed Round: 1,500 BNB
Pre-Sale Round: 2,500 BNB
Initial market cap: 7,500 BNB
Initial circulation supply: 150M
Total diluted market cap: 15,000 BNB
💰💰 HOW SEND / SELL A BINAMON NFT TO A OTHER USER 👨🏼🏫 -
How and Where to Buy BMON token?
BMON token is now live on the Binance mainnet. The token address for BMON is 0x08ba0619b1e7a582e0bce5bbe9843322c954c340. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough BNB in your wallet to cover the transaction fees.
Join To Get BNB (Binance Coin)! ☞ CLICK HERE
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step
You need a wallet address to Connect to Pancakeswap Decentralized Exchange, we use Metamask wallet
If you don’t have a Metamask wallet, read this article and follow the steps
☞What is Metamask wallet | How to Create a wallet and Use
Transfer $BNB to your new Metamask wallet from your existing wallet
Next step
Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy, Swap BMON token
Contract: 0x08ba0619b1e7a582e0bce5bbe9843322c954c340
Read more: What is Pancakeswap | Beginner’s Guide on How to Use Pancakeswap
The top exchange for trading in BMON token is currently Pancakeswap v2
Find more information BMON
☞ Website ☞ Website 2 ☞ Explorer ☞ Whitepaper ☞ Social Channel ☞ Social Channel 2 ☞ Coinmarketcap
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----https://geekcash.org-----**⭐ ⭐ ⭐
Thank for visiting and reading this article! Please don’t forget to leave a like, comment and share!
#blockchain #bitcoin #bmon #binamon
