BinaryX, a Game-Fi development platform, today announced the launch of CyberChess.
It is one of the first auto chess strategy games in the GameFi P2E space. Cyberchess offers Web3.0 users new entry points into the world of GameFi.
$500,000 in BNX and Heroes giveaways
To celebrate the launch, BinaryX will begin Season 1 of Ranked Mode Battles, where players will have a chance to win up to $500,000 in prizes within the first 8 weeks of launch.
During the same period, BNX airdrops will be announced and distributed via Discord and Twitter. To get a head start, players can also stand up to receive 2 heroes and 2 extra 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, play and win Web 3 game, CyberChess has been designed to allow players to start playing the game without having to make an initial investment.
When new players log into the game for the first time, they can summon 5 free heroes and 2 free skills to start engaging in matches with other players.
Players can also top up or make in-game purchases to summon new heroes and learn new skills. This model lowers the barrier to entry for new GameFi players and allows players to enjoy the game for its own sake, potentially earning in-game tokens.
Robust and Transparent Tokenomics
As the third game in the Cyber series, CyberChess adds to the usefulness of BNX as it provides a new opportunity for BNX token holders to consume in-game gold.
The gold consumed in CyberChess goes back to funding the development of our games and supporting DAO functionality for community and resource management across the ecosystem. BinaryX provides a transparent overview of how funds are used on their 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 gamers.
This includes adding more complicated features and difficulty settings for players who want a solid strategy-based gaming experience along with the earning potential of GameFi.
CyberChess gameplay pays homage to the auto chess format popular in traditional games and is designed to enhance players’ gaming experience in GameFi. Players can participate in two battle modes – Ranked Mode and Arena.
In ranked mode, players can compete in a PvP match to accumulate in-game gold. On the other hand, players compete with other players to climb to the top of the leaderboard and win a prize pool attractive of $BNX in Arena mode.
Added an in-game market
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 players have more opportunities to upgrade or accumulate 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 fun for players who love traditional strategy games.
We are excited for our fans to start playing CyberChess and immersing themselves in the new world we have created,” said Chun S., Global Head of Business Development at BinaryX.
Launch as IGO platform
Earlier this year, BinaryX announced its first IGO partnership. With the launch of CyberChess, BinaryX is set to roll out its ambitious plans to serve as both 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 forerunner in the space and we have a ton of exciting IGO projects coming up. The launch of our IGO platform is the next step,” Chun said.
Watch the trailer
BinaryX started out as a decentralized derivative trading system. Recognizing the growing popularity of GameFi and interest in metaverse games, the team has gradually evolved into decentralized video game development and is becoming a GameFi platform offering IGO services to connect Web2 to Web3 developers. .
As one of the top 10 projects on the BNB chain, BinaryX has over 100,000 coin holders and 15,000 monthly active wallets.
It is also one of the largest metaverse projects by trading volume on the BNB chain, with over 300 million in market capitalization. BinaryX also has a token, $BNX, which has consistently demonstrated strong performance despite the bear market.
For more details and information about BinaryX, please visit here.
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