What Is Binemon (BIN)?

Binemon (BIN) is a non-fungible token (NFT) game built around virtual pets. Binemon platform combines many genres such as collectibles, gacha, role-playing games (RPG), adventure, and idle. Gacha or gachapon is a technique used in Japanese free-to-play games. The players in the game can accumulate an army of memes and 3D creatures and merge them to make more pets. After that, the players can let these creatures battle to earn Ambrosia. 

As per the whitepaper, Binemon has the backstory where extra-terrestrial creatures appeared and formed a new species called Mons in the vast lands of planet Earth. Under their reign, Earth was divided into wood, ice, fire, water, and desert continents. The merchant group came across a strange-looking tower in the desert continent. Soon, the Mons fused into Binemon and were provided with special powers. This happened due to the tower known as Binemon Tower or BT. And the fight to own the BT began among the continents. So, the player has the mission to convince people of the upcoming threat and recruit the heroes to destroy the BT, while preparing for the invasion from another galaxy.

The Binemon gaming platform is built on a private chain DRK and uses DRK coin in essential transactions such as marketplace trade and staking for BIN holders. DRK Chain is an open-source blockchain network. The platform features elements such as:

• Eggs - Mons (NFTs) can only be obtained by hatching the eggs. Egg-hatching is implemented by gacha. 

• AMB or Ambrosia - AMB is an in-game unit that can be used for fusion, paid tickets, and getting eggs.  BIN is the native in-game token for the Binemon platform based on Binance Smart Chain (BSC). The token is utilized for purchasing eggs, AMB, and capsule (gacha NFT) in the Binemon game. The token is also used for giving play-to-earn rewards.

History of Binemon (BIN)

Frank Desifone launched the Binemon platform in the third quarter of 2021. He is an entrepreneur and an angel investor who has an MBA in finance. Desifone serves as the CEO of the platform. The Binemon team also includes Oksana Belousova serving as the CMO.

BIN has a maximum total supply of 1,000,000,000coins.