Binemon is a virtual pet non-fungible token (NFT) game hosted on the Binance Smart Chain, integrating aspects of an idle RPG game. Participants can collect and trade eggs, ambrosia (fusion), characters, items, and land. Furthermore, players are linked to engage in player-versus-environment (PvE) and player-versus-player (PvP) modes, where they can earn cryptocurrency rewards. The game, designed in a comic-like style reminiscent of Pokémon, is set on a fictional version of Earth with creatures termed “Mons”, which were created by extraterrestrial beings and now inhabit four distinct continents. These Mons are NFTs that can be collected and used to compete against other players and their Mons. Additionally, players have the opportunity to explore an infinite open-world environment and accumulate Ambrosia (AMB), an in-game resource that upgrades and strengthens their Mons. As of September 2021, Binemon has expanded to a community of over 140,000 players and is currently in its first chapter – Prometheus. The game presents a comprehensive roadmap that outlines forthcoming reward systems, features, quests, and storylines. This plan is divided into ten phases with an intended completion rate of one phase every two months by the development team, with Phase 2 presently in progress.

Binemon does not disclose any information about its founders on either its website or whitepaper. With dedicated Telegram groups for its community in the Philippines, China, India, and Vietnam, it can be reasonably inferred that a significant portion of its player base originates from Asia. Consequently, it would be logical to assume that the development team might also be based in Asia, especially considering that games with similar themes, such as My DeFi Pet, are often developed by Asian teams.

Binemon offers both PvP and PvE gameplay elements. In player-versus-player battles, a participant selects five Binemon, arranges them strategically into a formation, and engages in combat. The combat system is turn-based and subject to time limitations. Victorious players are awarded AMB tokens, along with opportunities to enhance their ranking and win seasonal prizes. Binemons are obtained by purchasing eggs using BIN tokens. When eggs are opened, players receive Mons randomly chosen from four distinct races: dog, cat, unicorn, and titan. Each race falls into one of five classes: fighter, archer, mage, tank, and support. Additionally, Mons are characterized by a combination of: - Eight different body parts: head, body, tail, ears, face, skin, horn, and wings - Three primary stats: strength (impacting damage and HP), agility (affecting attack speed and armor), intelligence (determining magic power, skill casting speed, and magic resistance) - Five equipment stats: critical rate, critical damage, dodge chance, HP regeneration, and MP regeneration - Two skills: passive (influenced by race) and ultimate (influenced by class) - Seven ranks - Three forms: baby, teenage, and adult Levels span from 1 to 100, allowing for substantial customization and uniqueness for each Mon. Mons can be fused to create a higher-ranked Mon. Beyond fusion, Mons can evolve across different classes and levels, with skills being acquired at birth. The game also includes a PvE campaign mode where players can advance their Mons, with additional campaigns and bosses planned for future updates.

The total supply of BIN is 1 billion tokens. Of this, 40% were distributed during the IDO, and another 40% are allocated to a liquidity pool that is locked for one year. Additionally, 15% is vested to the development team for one year, with the remaining 5% reserved for airdrops and IDO fees. There is a 2% buying fee and a 5% selling fee, which enable the project to generate inflows to cover marketing and product development expenses. BIN can be used to purchase eggs that breed Mons (NFTs) and Ambrosia, the in-game currency used for fusion and Mon stamina. In future phases, players will be able to use BIN for other purposes as well. For more detailed information regarding the current market status of BIN, you can refer to Eulerpool.

BIN is a BEP-20 token on the Binance Smart Chain (BSC). The Binemon game operates on Draken—a blockchain with a proof-of-stake consensus mechanism. The team selected Draken for three key reasons: * Fast and stable transaction speed, capable of up to 5000 TPS, with a block time of two seconds, inspired by Ethereum 2.0, ensuring a seamless user experience. * Low gas fees, which reduce costs for players' activities and transactions within the NFT marketplace. * The smart contract and DaRK privacy protocol offer "privacy on demand," along with customization and high security, meeting the evolving requirements of NFT games. BSC is secured via a proof-of-stake consensus mechanism. Every 24 hours, 21 validators are elected to validate transactions and ensure blockchain security. These validators must stake a specific amount of BNB coins with Binance to qualify for election. For more information, you can refer to Eulerpool.

Binemon was launched on August 24, 2021, on the Binance Smart Chain.

BIN is available on PancakeSwap (V2) and LBank. For those interested in learning more about cryptocurrencies and how to begin purchasing them, additional information can be found in our educational portal, Alexandria, available on Eulerpool.