Singapore, Singapore, September 23, 2022, Chainwire
BinaryXa GameFi development platform, today announced the launch of CyberChess, one of the first free-to-play, play-and-earn automatic chess strategy games in the P2E-dominant GameFi space. CyberChess offers people on Web3.0 new entry points into the world of GameFi.
$500,000 in BNX Prize Pool and Heroes Giveaway for CyberChess Launch
To celebrate its launch, BinaryX will kick off Season 1 of Ranked Mode Battles, where players will have a chance to win up to $500,000 USD in Prizes in the first 8 weeks of launch. In the same period, BNX airdrops are announced and given away via disagreement and Twitter.
To gain an edge, players can also stand to receive additional 2 heroes and 2 skills when entering the code’4morechess‘ under the settings option in the game menu.
New Free-to-Play, Play-and-Earn Model
As a free-to-play, play-and-earn web3 game, CyberChess differs from most play-to-earn games, and is designed to allow players to play the game without making an initial investment . When new players first connect to the game, they can summon 5 free heroes and 2 free skills to participate in matches with other players.
Players can also recharge or make in-game purchases to summon new heroes and gain new skills. This model lowers the barrier to entry for players new to GameFi and allows players to enjoy the game in its own right, potentially earning in-game tokens.
Robust and transparent tokenomics
As the third game in the Cyber series, CyberChess adds the usefulness of BNX as it provides a new way for BNX token holders to consume in-game gold.
The gold consumed in CyberChess goes back to funding the development of our games and to support DAO community and resource management capabilities across the ecosystem. BinaryX provides a transparent insight into how the money is used on their website.
Explosive battle modes and strategy-based gameplay
As GameFi continues to grow and evolve as an industry, BinaryX plans to accelerate the mass adoption of GameFi by making GameFi games more fun and challenging for players. This includes adding more complicated features and difficulty levels for gamers who want a solid strategy-based gaming experience, as well as GameFi’s earning potential.
The gameplay for CyberChess pays tribute to the popular automatic chess format in traditional gaming and is designed to enhance the gaming experience for players in GameFi. Players can participate in two combat modes: Ranked and Arena Mode.
In ranked mode, players can compete against each other in a PvP match to collect in-game gold. On the other hand, players compete with other players to rise to the top of the leaderboard and take away an attractive prize pool of $BNX in Arena mode.
Read the CyberChess Wiki to learn the gameplay
Addition of in-game marketplace
CyberChess comes with its own in-game marketplace where players can list in-game assets such as heroes and skills in exchange for gold. This means that players have more options to upgrade or collect more gold.
BinaryX created CyberChess to stand out among games in the play-to-earn genre. It comes with more complex gameplay, which makes the game more challenging and enjoyable for players who like traditional strategy games. We’re excited to have our fans play CyberChess and immerse themselves in the new world we’ve created,” said Chun S., Global Head of Business Development at BinaryX.
Launch as an IGO platform
Earlier this year, BinaryX announced its first IGO partnership. With the launch of CyberChess, BinaryX is poised to roll out its ambitious plans to serve both as a GameFi developer and an IGO platform.
“The goal is to be a home base for gamers, developers and investors to access and interact with GameFi. We strive to be the frontrunner in space and there are a lot of exciting IGO projects coming up. The launch of our IGO platform is the next step,” says Chun.
Watch the trailer
BinaryX is the GameFi platform behind the play-to-earn (P2E) games Cyber Dragon and Cyber Arenaboth of which run on the BNB chain.
BinaryX started out as a decentralized derivatives trading system. Recognizing the burgeoning popularity of GameFi and interest in the metaverse games, the team gradually moved towards developing decentralized video games and is now moving to a GameFi platform that offers IGO services to bridge Web2 developers to Web3.
As one of the top 10 projects in the BNB Chain, BinaryX has over 100,000 coin holders and 15K monthly active wallets. It is also one of the largest metaverse projects in terms of trading volume on the BNB chain, with a market cap of over 300 million. BinaryX has a token, $BNX, which has delivered a consistently strong performance despite the bear market.
For more details and information about BinaryX, visit: www.binaryx.pro
Communications Leader, Sammi, BinaryX, [email protected]