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BinaryX, a GameFi development platform, today announced the launch of CyberChess, one of the first free-to-play and win auto chess strategy games in the dominating GameFi P2E space. CyberChess offers Web3.0 users new entry points into the world of GameFi.
$500,000 BNX prize pool
To celebrate the launch, BinaryX will launch the first season of Ranked Battles, where players will have a chance to win up to US$500,000 in prizes within the first 8 weeks of launch.
To get a head start, players can also receive 2 extra heroes and 2 skills when entering the code “4morechess” under the settings option in the game menu.
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 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.
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.
Chun S., Global Head of Business Development at BinaryX.
‘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’re excited for our fans to start playing CyberChess and immersing themselves in the new world we’ve created.’
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.
BinaryX is the GameFi platform behind play-to-earn (P2E) games CyberDragon and CyberArena, both of which run on the BNB channel.
BinaryX started out as a decentralized derivatives 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 has one token, $BNX, which has consistently demonstrated strong performance despite the bear market.