In its bid to be the next Axie Infinity, Binamon is launching the first NFT planet on its Multiverse. Planet A-LGC-Z1 will activate the play-to-earn NFT model on Binamon, a complete metaverse of Digital Monsters powered by Binance Smart Chain (BSC).
Binamon is entering this new phase after the successful launch of Binamon Genesis Monsters, grossing more than $10 Million.
PLANET A-LGC-Z1: First Planet on Binamon’s NFT Multiverse
The launch of PLANET A-LGC-Z1 is part of Binamon’s Multiverse implementation. The grand plan is that each planet will have its own exclusive game. This way, users can enjoy different game experiences. It is worth noting that creatures on each planet will only be able to play games on their planet. So in the case of PLANET A-LGC-Z1, only the NFT Genesis creatures will be able to play.
President and vice president will be the maximum authorities and they are going to make the economic and social decisions. For example, they can change the name of PLANET A-LGC-Z1. In addition, they will occupy two seats in Binamon’s future Planetary Federation.
So far, groups of investors from all over the world, including China, have shown great interest in taking over the presidency and vice-presidency of the planet.
Native Token: Z1-BEP
The new planet will also have its own native token: Z1-BEP. Binamons on the A-LGC-Z1 planet are going to be created only by using Z1-BEP currency and a minimum portion of BMON. So it is going to be highly deflationary just like BMON. This is why the community feels that “The planet will create new millionaires, just like the Genesis collection did.”
This is not just an empty promise given that BMONs growth is at 4,000% in just 1 month. Having the same Tokenomics, Z1-BEP can possibly replicate the success and growth of BMONs. This coin will trade in a pair against BMON on Pancakeswap.
Taking a pair against BMON. It is estimated to raise between $5 Million to $10 Million from BMON. Part of the funds raised will be used to build a liquidity pool in Pancakeswap.
Mark your calendars because the public auction will be live tomorrow, August 1.
Can Binamon be really the next Axie Infinity?
Axie Infinity has been overwhelming and its value has increased 20 times during the last months all thanks to the play-to-earn model. Binamon is openly challenging Axie Infinity. The project even released a Youtube video entitled “Binamon – The new axie infinity – 300,000,000 Market Cap Sooon.”
Now the question is: does Binamon have a fighting chance?
Binamon brought to Blockchain’s world two commercially successful trends: the playing method of Magic and Pokemon. Also, the collection of Digital Monsters which are traded for big amounts of money. The most expensive Binamon in Binance’s marketplace has a value of 7 million dollars. In just 10 days the value has increased from 2 million market cap to 20 million market cap and a fever of new players has flooded Binamon’s metaverse.
In conclusion, the numbers are in Binamon’s favor. So if they continue the things that they are doing right then the sky is the limit for this NFT Gaming Project.
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