Singapore, Singapore, 23 September, Chainwire – BinaryX, a GameFi development platform, announced today the launch of CyberChess, one of the first auto chess strategy games in the GameFi play-to-earn space. CyberChess offers people on Web3 new entry points into the world of GameFi.
A prize pool of $500,000 worth of BNX and Heroes giveaway for CyberChess’ launch
To celebrate the launch, BinaryX will commence Season 1 of Ranked mode battles, where players will stand a chance to win up to $500,000 worth of prizes in the first eight weeks of launch. Over the same period, BNX airdrops will be announced and given away via Discord and Twitter.
To get a headstart, players will also have a chance to receive additional two heroes and two skills when they enter the code “4morechess” under the settings option in the game menu.
New free-to-play, play-to-earn model
As a free-to-play, play-to-earn Web3 game, CyberChess was designed to allow players to start playing the game without having to make an initial investment. When new players connect to the game for the first time, they can summon five free heroes and two free skills to start participating in matches with other players.
Players can also recharge or make in-game purchases to summon new heroes and acquire new skills. This model lowers the barrier to entry for players new to GameFi and allows players to enjoy the game for its own sake, potentially earning in-game tokens in the process.
Robust and transparent tokenomics
As the third game in the Cyber series, CyberChess adds to the utility of BNX, as it offers a new avenue for BNX tokenholders to consume in-game gold.
The gold consumed in CyberChess goes back to funding the development of our games and supporting decentralized autonomous organization functionalities for community and resource management in the entire ecosystem. BinaryX provides a transparent look into how the funds are being used on its website.
Explosive battle modes and strategy-based gameplay
As GameFi continues to mature 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 settings for gamers who want a solid strategy-based gaming experience as well as the earning potential of GameFi.
The gameplay for CyberChess pays tribute to the popular auto chess game format in traditional gaming and is designed to elevate the gaming experience for players in GameFi. Players can participate in two battle modes: Ranked and Arena mode.
In Ranked mode, players get to go head to head in a player-versus-player match to accumulate in-game gold. On the other hand, players battle it out 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 an in-game marketplace
CyberChess comes with its very 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 avenues to upgrade or accumulate more gold.
“BinaryX created CyberChess to stand out amongst games in the play-to-earn genre. It comes with more complex gameplay, which makes the game more challenging and fun for players who enjoy traditional strategy games. We’re excited for our fans to start playing CyberChess and to immerse themselves into the new world we created,” said Chun S., global head of business development at BinaryX.
Launching as an IGO platform
Earlier this year, BinaryX announced its first initial game offering (IGO) partnership. With the launch of CyberChess, BinaryX is poised to roll out its ambitious plans to serve as both a GameFi developer and IGO platform.
“The goal is to be a home ground for gamers, developers and investors to access and interact with GameFi. We aim to be the frontrunner in the space, and we have a ton of exciting IGO projects coming up. Launching our IGO platform is the next step,” Chun said.
Watch the Trailer
About BinaryX
BinaryX is the GameFi platform behind the play-to-earn games CyberDragon and CyberArena, both of which run on BNB Chain.
BinaryX began as a decentralized derivative trading system. Recognizing the burgeoning popularity of GameFi and interest in metaverse games, the team gradually evolved into developing decentralized video games and is now transitioning to becoming a GameFi platform offering IGO services to bridge Web2 developers to Web3.
As one of the top 10 projects on BNB Chain, BinaryX has more than 100,000 coin holders and 15,000 monthly active wallets. It is also one of the largest metaverse projects by trading volume on BNB Chain, with more than $300 million in market capitalization. BinaryX’s BNX has consistently demonstrated strong performance despite the bear market.
For more details and information about BinaryX, please visit www.binaryx.pro
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Contact
Communications Lead
- Sammi
- BinaryX
- [email protected]