Newbie Catchup: The A-Z of NFTs

What Is Binemon?

To learn more about this project, check out our deep dive of [Binemon](https://coinmarketcap.com/alexandria/article/what-is-binemon).

## What Is Binemon (BIN)?

[Binemon](https://coinmarketcap.com/currencies/binemon/) is a virtual pet [non-fungible token](https://coinmarketcap.com/alexandria/glossary/non-fungible-token) (NFT) game on [Binance Smart Chain](https://coinmarketcap.com/alexandria/article/what-is-binance-smart-chain), combining elements of an idle RPG game. Players can collect and trade eggs, ambrosia (fusion), characters, items and land. In addition, players are connected to fight in player-versus-environment (PvE) and player-versus-player (PvP) modes and receive cryptocurrency rewards. Designed in a comic-like style reminiscent of Pokemon, the game is set on Planet Earth with creatures called “Mons”, created by extraterrestrial creatures and now live on four different continents. These Mons are NFTs that players can collect and use to battle other players and their Mons. Players can also explore the infinite open-world landscape and collect Ambrosia (AMB), the in-game commodity that upgrades and empowers their mons. 

Binemon has already grown to over 140,000 players as of September 2021, and is currently in chapter one – Prometheus. It features a detailed roadmap with new reward systems, features, quests and storylines to come in the future. The roadmap consists of ten phases that are planned to be completed every two months by the team, with Phase 2 currently underway.


## Who Are the Founders of Binemon?

Binemon makes no mention of its founders on its website or its whitepaper. Since the game has a Filipino, Chinese, Indian and Vietnamese Telegram group for its community, it is safe to assume that many of its players come from Asia. Thus, it would be logical if the team was from Asia, especially with similar games like [My DeFi Pet](https://coinmarketcap.com/currencies/my-defi-pet/) coming from Asian teams.


## What Makes Binemon Unique?

Binemon features both PvP and PvE gameplay. When battling other players, a player picks five of his Binemon and arranges them in a formation before entering combat. Combat is turn-based and time-limited, and the winner receives AMB tokens as a reward, as well as a possibility to improve their rank and win a seasonal award.

Binemons can be acquired by buying eggs with BIN tokens. Mons are received randomly from eggs in four different races: dog, cat, unicorn and titan. Each race belongs to five classes: fighter, archer, mage, tank and support. Furthermore, Mons have a combination of:



* Eight different body parts: head, body, tail, ears, face, skin, horn and wings
* Three primary stats: strength (damage, HP); agility (attack speed, armor); intelligent (magic power, skill casting speed, magic resistance)
* Five equipment stats: critical rate, critical damage, dodge chance, HP regen, MP regen
* Two skills: passive influenced by race, ultimate influenced by class
* Seven ranks
* Three forms: baby, teenage and adult

Levels range from 1 to 100, making each Mon customizable and unique. Mons can also be fused, resulting in a higher-ranked Mon. Besides fusion, Mons have the ability to evolve across classes and levels, and skills are acquired at birth.

The game also features a PvE campaign where players can level up their Mons, with more campaigns and bosses being planned in the future.


## Related Pages:

Check out [Axie Infinity (AXS)](https://coinmarketcap.com/currencies/axie-infinity/) – a pet-oriented trading game incorporating NFTs. 

Check out [My DeFi Pet (DPET)](https://coinmarketcap.com/currencies/my-defi-pet/) – another play-to-earn NFT game.

Learn more about [MOBOX](https://coinmarketcap.com/alexandria/article/what-is-mobox-mbox) – a NFT gaming ecosystem built on Binance Smart Chain.

Read CoinMarketCap’s list of the [Top 10 NFT Games in 2021](https://coinmarketcap.com/alexandria/article/top-nft-games).

Get the latest crypto news and latest trading insights with CoinMarketCap’s education portal – [Alexandria](https://coinmarketcap.com/alexandria/).


## How Many Binemon (BIN) Coins Are There in Circulation?

The total supply of BIN is 1 billion tokens. 40% were distributed in the IDO and 40% are part of the liquidity pool that is locked for 1 year. 15% is vested to the developer team for 1 year, with the remaining 5% reserved for airdrops and IDO fees. 

There is a 2% buying fee and 5% selling fee that allows 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. For the coming phases, players will be able to use BIN for other purposes as well.


## How Is the Binemon Network Secured?

BIN is a [BEP-20](https://coinmarketcap.com/alexandria/glossary/bep-20) token on the [Binance Smart Chain](https://coinmarketcap.com/alexandria/article/what-is-binance-smart-chain) (BSC). The Binemon game is hosted on [Draken](https://coinmarketcap.com/currencies/draken/) – a blockchain with a [proof-of-stake](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) [consensus mechanism](https://coinmarketcap.com/alexandria/glossary/consensus-mechanism). The team chose Draken for three reasons:



* Fast and stable transaction speed (up to 5000 TPS, a [block time](https://coinmarketcap.com/alexandria/glossary/block-time) of two seconds), which took inspiration from [Ethereum 2.0](https://coinmarketcap.com/alexandria/article/a-dive-into-ethereum-2-0), ensuring a smooth experience.
* Cheap [gas fees](https://coinmarketcap.com/alexandria/article/what-are-gas-fees) help save costs for player's activities and transactions on the NFT marketplace.
* Smart contract and DaRK privacy protocol brings “privacy on demand”, customization and high security, in line with the constantly changing nature of NFT games.

BSC is secured through the proof-of-stake consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible to do so.


## When Will Binemon Trading Begin?

Binemon launched on Aug. 24, 2021, on the Binance Smart Chain.


## Where Can You Buy Binemon (BIN)?

BIN is available on [PancakeSwap (V2)](https://coinmarketcap.com/en/exchanges/pancakeswap-v2/) and [LBank](https://coinmarketcap.com/exchanges/lbank/). If you want to learn more about cryptocurrencies and how to start buying them, you can read more here in our education portal – [Alexandria](https://coinmarketcap.com/alexandria/).


Binemon

MetaMask

Binance Chain Wallet

BNB Smart Chain (BEP20)

PancakeSwap

Trust Wallet Token

SafePal

BinaryX

Mist

Azbit

Lunar

Silva Token

Linked Finance World

XP NETWORK

yieldwatch

KCCPAD

BLink

Ninneko

ULTRON

Octavia AI

Bitcoiva

Absolute Sync

Splinterlands is a digital, collectible card game based on blockchain technology and inspired by games like Magic the Gathering and Hearthstone, where players build a collection of cards with different attributes and battle other players in skills-based matches. It is a game where players can buy, sell and trade their digital assets just as they would with physical trading cards games such as Magic the Gathering, Pokémon and Yu-Gi-Oh!

Splinterlands was created as players lost the ability to truly own their assets (or trading cards) once games went digital. With blockchain technology, it allows players to own and trade their digital assets freely once again. It also allows the game to have true scarcity and transparency, which means all cards on Splinterlands have a verifiable supply and historical record.

Players battle other players by choosing ranked or practice battles. With ranked battles, players can increase their rating. There is no downside to playing ranked battles as a beginner since players with a rating below 100 do not lose ranking points. Battles take place between players of similar strength. When matched up with an opponent, both players choose a set of six monster cards and one summoner card for the battle to destroy all their opponent’s monster cards and win the battle.

Although the game is free-to-play, players need to purchase the summoner’s spellbook for $10 if they want to unlock the game in full. With the summoner’s spellbook, players get access to their account keys and unlock the ability to earn Dark Energy Crystals, which can be redeemed for real currency.

Splinterlands started in May 2018 and launched Splintershards (SPS) – its governance token for the SPS decentralized autonomous organization (DAO) at the end of July 2021. It concluded a $3.6M private token sale for 6.6% of the SPS token supply. After reaching 100,000 players in its first three years, it added another 50,000 in just over a month from June 2021. Splinterland plans to build out its game in the latter half of 2021, with oracle integration planned for Q1 2022.

Splintershards

RFOX

Alien Worlds (TLM) is a decentralized, non-fungible token (NFT) metaverse, where players compete for scarce resources, Trilium (TLM), in a stimulated economy centered around planetary worlds. Due to this, Alien Worlds also has a decentralized finance (DeFi) element to the game, as players advance by staking TLM and using TLM to vote in Planet Decentralized Autonomous Organizations (DAOs).

Play-to-earn (P2E) NFT games have seen an exponential rise in popularity and value this year. Alien Worlds allow the players, called “explorers” to earn monetary rewards through gameplay or participation in Planet DAOs. By mining in Alien Worlds, a user is rewarded with the native, in-game currency — Trilium (TLM) or NFT packs. Players can stake TLM to boost their rewards or battle with other users for NFTs.

To date, Alien Worlds has established a fair amount of its roadmap, having TLM on Binance launchpad and farming period of TLM on Binance Launchpool. A large portion of game developments have been forged as well. Moving forward, Alien Worlds aims to automate the claiming process of daily allocation to landowners in the game. Artifacts NFTs are soon to be released, and future plans include NFT interoperability.

Alien Worlds

Bloktopia is a decentralized metaverse backed by and built on Polygon. In Bloktopia, a decentralized virtual reality skyscraper made up of 21 levels (as recognition to 21 million Bitcoin) acts as a central hub for users to have access to crypto information and immersive content in one place. The so-called Bloktopias can educate themselves in the basics or more advanced crypto learnings, earn revenue by owning virtual real estate, play games, build networks and more. Moreover, advertisers and sponsors can monetize the platform’s userbase through a dedicated NFT mechanism. By providing a VR experience for the crypto community, users can engage in an immersive environment according to Bloktopia’s four core pillars: learn, earn, play and create.

Bloktopia

RACA

Wilder World

Efinity is a cross-chain NFT platform developed by Enjin and built on Polkadot. Efinity was created as the next generation blockchain for digital assets with the aim of adapting to the challenges of the world of non-fungible tokens (NFTs), according to the project.

The main specialization of the Efinity project is the NFT space. With the protocol, traders and gamers can create, distribute, transfer, sell and buy NFTs. Efinity aims to remove barriers to entry into the NFT space/decentralized gaming, and to simplify user experience and digital asset governance.

Efinity Token powers the entire Efinity ecosystem, EFI aims to prioritize the generation, transfer and purchase of tokens using an inter-chain infrastructure of protocols resulting in lower transaction fees. As for incentives, rewards on PoW blockchains with NFT functionality go to miners who create/trade tokens, thereby forming a community.

One of the long-term goals of Efinity is to become a hub for both fungible and non-fungible tokens, accepting tokens from any other chain, facilitating the pricing and exchange of NFTs, increasing transaction volume, and creating network effects.

In December 2021, the project won the Polkadot parachain auction, and in March 2022, Enjin launched their flagship parachain Efinity on the Polkadot Relay Chain — a blockchain platform that provides a decentralized parachain network where people havecontrol over their data and identity.

Efinity Token

MBOX is the native utility token that is used for:

MOBOX

Gods Unchained is a free-to-play tactical card game that gives players true ownership of their in-game items. Led by the former game director of Magic The Gathering: Arena, the game focuses on competitive play, which means players must strategically outsmart their opponents by building decks that are able to combat a wide variety of tactics. In Gods Unchained players completely own their digital items, giving them the freedom to trade, sell and use their cards any way they like – just like owning real, tangible cards.

GODS is an ERC-20 token used as premium currency within the GU ecosystem. The tokens will be used to:

Create an NFT.

Used within the marketplace and for in-game purchases.

Distributed as a reward to players.

To learn more about this project, check out our deep dive of Gods Unchained.

Gods Unchained

Guild of Guardians is a multiplayer fantasy action RPG on Immutable X. The game’s vision is to become the world’s most popular RPG, where players can assemble a set of Guardians and earn rewards in the process. By combining fun gameplay that will be played on mobile with play-to-earn mechanics, Guild of Guardians aims to build an in-game economy that will be compelling for players to participate in.

The game will initially be accessible on iOS and Android and will be available in 2022. The gameplay revolves around training a team of heroes to collect resources and engage in challenges. The collected resources will be issued and distributed in Gems, the game’s in-game currency that can be redeemed for real money, spent on minting new assets or secondary purchases, and used to vote on game decisions. 20% of all primary and secondary trading fees must be paid for in Gems.

Since mid-2020, Guild of Guardians has racked up over 220,000 followers across different social media channels in its short time of existence. It also sold out its first NFT Founder sale, netting over $4.6 million that will be used for game development.

Guild of Guardians

BOSagora

The Suterusu Protocol is a second-layer private payment infrastructure for smart contract platforms. The Suterusu Protocol uses the original and most advanced ZK-ConSnark algorithm that does not require a trusted setup. The algorithm’s proof size is significantly reduced and the proof generation and verification efficiency are greatly improved compared with similar solutions. Since no trusted setup is required, it is safe and transparent. The technical paper has been accepted by Eurocrypt 2021(https://eurocrypt.iacr.org/2021/acceptedpapers.php, https://eprint.iacr.org/2021/540). The Suterusu Protocol has been deployed on Ethereum, Binance Smart Chain, Heco, SmartBCH (BCH sidechain), Theta, etc. We plan to deploy Suterusu protocol on the following smart contract platforms including Near, Solana, Avalanche, Moonbeam, Plasma, Matic, etc. It is also the first privacy project funded by the official Cypherpunk Guild Fund of Near. We are also applying for the Solana and Polkadot ecosystem grant. The Suterusu Protocol intends to build a private payment infrastructure for any cryptocurrency. The Suterusu project has received investment from well-known institutions such as Dialectic (a fund founded by the former Polychain partner Ryan Zurr), Fundamental Labs, FBG, Continue Capital, DeFi Alliance, and other well-known institutions.

suterusu

Mines of Dalarnia (DAR) is an action-adventure game with a blockchain real-estate market. MoD is based on a simple and simultaneously captivating gameplay, where users can mine and combine in-game items, then utilize them to upgrade their characters (skills and equipment), thereby increasing their rank in the game. Players can go in search of rare artifacts / relics / minerals, complete quests, team up with other players to defeat monsters and unlock rewards.

Mines of Dalarnia

MultiVAC

MixMarvel

CEEK VR (CEEK) is a metaverse platform that connects creators with their fans in virtual worlds, allowing artists to gain attention, reach audiences around the world. CEEK is an AI based platform for virtual landowners and ceek users (ceekers) to build worlds.

Artists get new sources of income, and advertisers get the opportunity to identify user traffic and establish financial transparency by using CEEK VR. Access to the CEEK VR metaverse can be obtained on the official website, as well as via VR headsets: Oculus, HTC Vive and CEEK mobile VR headset.

The manufacturer of virtual reality headsets CEEK VR and headphones CEEK 4D is positioned by the team as "an award-winning developer of premium social virtual and augmented reality experiences." CEEK VR designs are proprietary and can be purchased through major retailers like Best Buy and Target.

The company's mission is to create a clear and easy-to-use decentralized VR entertainment metaverse, where music artists, athletes and event creators acquire the necessary tools to digitally monetize creativity.

CEEK VR allows users to attend live concerts and exclusive events along with their friends, from anywhere in the world, at any convenient time. Moreover, the company suggests that users will be able to participate in the platform's virtual events.

The virtual community has been formed since 2016 and CEEK is currently partnering with Universal Music, Meta Oculus, Apple and Microsoft, T-Mobile and Baptist Health, which allows the project to accelerate audience growth and get strong recommendations. The collaboration with Universal Music gives the CEEK VR platform the rights to use live performances with world-famous artists such as Lady Gaga, Ziggy Marley, Demi Lovato, U2, Sting, Bon Jovi, etc.

CEEK VR

ForTube, previously known as the Force Protocol, describes itself as a suite of distributed crypto-finance service protocols that runs on an open-source blockchain. Its main aim is to offer crypto-finance solutions to developers through its software development kit (SDK) and application programming interfaces (APIs) for decentralized application (DApp) development.

The platform offers solutions for cross-platform asset transactions, cross-chain communications, crypto-asset-backed stablecoin insurance, token board insurance, and on-chain payments. The Force Protocol project is a decentralized protocol layer that is developed and managed by the Force Protocol Foundation Ltd.

ForTube launched its decentralized finance (DeFi) service on the Binance Smart Chain (BSC) in September 2020.

ForTube offers many advantages, including flexible support of globally popular cryptocurrencies that provide higher yield combinations and an upgraded algorithm and ledger structure that significantly reduces gas costs. It also has a robust technical framework with more secure smart contracts.

ForTube

GameCredits

Verasity is an open-ledger ecosystem designed to fight advertising fraud, provide open access to infrastructure for publishers and advertisers, and reward users for watching video content. Verasity also provides payment solutions and a rewarding staking ecosystem with 15% yields guaranteed through to April 2024.

Powered by a mix of artificial intelligence (AI), machine learning (ML), and cutting-edge blockchain technologies, Verasity is building the most powerful advertising ecosystem in the world through VeraViews; developing an open-access payments platform through VeraWallet, the VeraCard, and VeraPay; and enhancing the attention economy through its patented Rewarded Video module.

Verasity

Ultra is a publishing platform and ecosystem for video games and video game content. Ultra’s mission is to do away with the current monopoly held by publishing platforms like Steam and provide new opportunities to game developers, players, and influencers. Ultra promises a solution that is more equitable to players and developers alike. Players can benefit from immediately playable games, earn UOS by using the platform, and access platform-exclusive games. At the same time, developers benefit from access to more effective marketing tools and the potential for 20% higher sales revenue.

Besides content and game publishing, Ultra offers a demand-side and service-side platform for advertisers, the opportunity for players to resell their used games, and a platform-exclusive app.