Buni Universal Reward (BUR) is the native token of a DeFi game platform— Bunicorn. Bunicorn is a leading GameFi platform that aims to elevate all the NFT games with a decentralized finance (DeFi) ecosystem. The platform plans to elevate DeFi and the blockchain gaming experience for its users to the next level. The Bunicorn is designed as a "play-to-earn" model. The platform is built on the Binance Smart Chain (BSC) and plans to expand on multiple chains in the future.
According to the whitepaper, Bunicorn's vision is to give gamers complete control over their digital assets in the Metaverse. Users can play to earn from the games available in the Metaverse. Moreover, they can also make it a full-time job.
In addition, the Bunicorn exchange is an AMM decentralized exchange (DEX) that seeks to offer traders yield-earning opportunities through liquidity pools and liquidity mining. AMM (automated market maker) is a tool utilized to supply liquidity in decentralized finance without the intervention of a third party to set the price of an asset. Liquidity is the easy conversion of an asset into traditional currency without impacting the market price. Moreover, the platform seeks to offer rewards wrapped into tradable NFTs to its users.
The Bunicorn NFT Marketplace is a peer-to-peer marketplace for BSC-based NFTs, gaming, artworks, and in-game items. It is one portal for users to seek to manage assets, yield rewards, and auction rare items.
As per the Bunicorn tokenomics, 24.43% of tokens are kept reserved for the foundation and 24% for the game ecosystem. Moreover, 20% of tokens are allocated for liquidity mining, whereas 14% are for operation reserves. Furthermore, 7.5% is kept for the private round and 5.9% for the team and adviser. And lastly, 3.5% and 0.67% are for marketing and listing and initial DEX offering (IDO), respectively. An initial DEX offering (IDO) is a fundraising method to earn investment capital from retail traders.