What is Four (FORM)?

Deep Dive

1. Purpose & Value Proposition

Four originated as BinaryX, a GameFi project focused on blockchain RPGs like CyberChess and CyberDragon. After rebranding (INDODAX), it expanded into an all-in-one platform for gaming, meme creation (Four.meme), and RWA tokenization. Its core mission is to bridge Web2 game studios into Web3 by providing funding, tools, and a crypto-powered hub.

2. Technology & Ecosystem

Built on BNB Chain, Four supports:
- GameFi: Play-to-earn titles with NFT heroes and in-game $FORM rewards
- IGO Launchpad: Early access to new GameFi projects
- RWA Module: Tokenizing real-world assets like equity and IP (launched September 2025)
- Meme Ecosystem: Dedicated platform for meme coin creation and trading

The platform uses a dual-token model where FORM serves as the governance/utility token, while game-specific assets (e.g., Mayor Cash in PancakeMayor) handle in-game economies.

3. Tokenomics & Governance

FORM replaced BNX at a 1:1 ratio during the March 2025 migration (BloFin). Key mechanics:
- Circulating Supply: 381M FORM (66.7% of max)
- Use Cases: Staking rewards, governance voting, fee payments for IGOs
- Token Burns: Periodic burns to counter inflation, though top wallets hold 81.5% (as of November 2025)

Conclusion

Four positions itself as a BNB Chain gateway for gaming, memes, and RWAs, leveraging its rebranded infrastructure to attract both developers and players. While its concentrated token distribution raises decentralization concerns, initiatives like the RWA module suggest ambitions beyond speculative gaming. Can Four balance its GameFi roots with broader DeFi integration to sustain utility?