BINAMON and the Binance Smart Chain (BNB)Hello 👋
I am long term bullish on BNB and expect to see price increase going into 2022. BSC is home to many popular (also many risky) Play to Earn Dapps.
For today we will be focusing on one Play to earn on BSC in particular.
This idea is about Binamon (ticker BMON) a game that was created on Binance Smart Chain. The game is still in development so I suggest you be careful if making an investment in BMON.
📍The people behind Binamon are currently creating a Blockchain called Tango🥭, of which I suggest you read the whitepaper and form your own opinion. In short, 🎮on said blockchain, you will be able to play the new Binamon play to earn game with zero gas fees (which gives it an edge over playing on BSC,) on the 🕹console that hooks up directly to the blockchain so you can maneuver your way through the Binamon (and possibly other BSC play to earns) metaverse . 🌌👀👽
Despite the risk
😊⏬
Here are some key points that make me extremely bullish on Binamon :🐮🔽
⭐ 25 BTC has been spent to market this project alone
⭐ Binamon token went live on gate. io (amongst the others) one of the top ten crypto exchanges.🎉🔥
⭐ There is another top ten CEX listing coming out shortly. I’m going to guess Kucoin, but we shall see.
⭐A lot of crypto has been spent towards marketing on BTOK starting Aug 25th. The release of the Play-To-Earn minigame on the Z1 planet on the 28th also comes with a partnership with Bakeryswap. You can also now swap BMON for
⭐They won battle of the Dapps on BSC news
⭐ I believe that a Binance listing is right around the corner at this point.
The project currently has several different tokens. The BMON token is the most important in my opinion. You can use this to purchase the genesis booster packs🎴 (very exciting.) These are the monsters that will be used in the main game coming out in Q4 2021. They can also be staked in several lucrative pools. The BNRG token is used to purchase energy packs which will also be utilized in the main game. Some great staking opportunities are out there for this token as well. The BMON-Z1 token is used to purchase the Z1 monsters that will be used in the mini-game coming out on the 28th. The demand is increasing at an exponential rate if you ask me. One important point is that when you purchase NFT’s with these tokens, the tokens used for purchase are burned. Also, as so many packs are sold the number of tokens required to purchase said packs steadily increases.
When the new game comes out, there will be issues. At first the NFTs will go down in value, if you want to buy the NFTs I suggest you sell them before that date 👀
The Binamon burn is real! At 50 cents we burned 5 million BMON. At the one dollar mark, we will burn ten million BMON and so on. You can read much more about the tokenomics and project here: binamon.org Where you can also find the telegram and discord. The telegram is a great resource for information. The discord has some amazing deals on NFT’s if you look hard enough! I would also check out CEO Nico on Twitter for information: twitter.com
The Binamon youtube does an amazing job at explaining everything you need to know regarding the project. As well as some videos of gameplay and such. www.youtube.com
You can purchase the BMON token on Pancakeswap (Most popular way)🆗💲🍰⏩ pancakeswap.finance
🔥📍You can also purchase BMON Kucoin there is a trading competition going on which entails half a million dollars worth of prizes 👍.
Please, always do your own research. I’m clearly not a financial advisor, I make an actual living doing what I do. Such a cruel fate these days IMO. I got into crypto to escape poverty and achieve financial freedom. I’m very confident with my investments in Binamon. I also don’t think you should buy into anything you can’t afford or don’t truly believe in the project. Crypto has changed my life and I truly hope it changes yours as well. With that being said, I took a lot of calculated risks to get to where I am now. I believe the Binamon metaverse is going to be the number one project of its kind. Do what you will with this!
Thank you for reading my idea!
Enjoy... and always remember
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
