SNEAK PEEK
- Binance NFT marketplace is presenting Rh!noX by BinaryX NFT collection.
- BinaryX is a crypto-gaming platform that runs CyberArena and CyberDragon.
- Each NFT is priced at 7 BNX.
Binance NFT marketplace is geared up to present the NFT collection- Rh!noX by BinaryX. As a part of the subscription mechanism, the launch will follow the BNB Prerequisite feature.
The news was shared by Binance NFT through a tweet:
.@binary_x
“Rh!noX by BinaryX” NFT Collection via the Subscription Mechanism coming to #Binance NFT Marketplace.Read more ⤵️https://t.co/VUd9Lqztkv pic.twitter.com/w4BBwOcVbX
— Binance NFT (@TheBinanceNFT) May 27, 2022
The NFT collection consists of unique NFT avatars of altering rarities, with different facial features, accessories and backgrounds. Price of each NFT is 7 BNX. Depending on the credit ratings, NFT holders will have different levels of rights and benefits on multiple platforms.
NFT collection’s items will act as status symbols and symbolize a Soulbound certification in future BSC developments. Rh!noX by BinaryX NFT avatar will serve as the identity of main players and architects in the GameFi, DeFi and Web3 space.
During the activity period, top 20 users ranked by their transaction volume on the Rh!noX by BinaryX NFT Collection on Binance NFT marketplace will share a prize pool of 50 BNX token vouchers.
The reward for each qualified user = (Each qualified user’s total effective NFT trading volume / All qualified users’ total effective NFT trading volume) * 50 BNX token vouchers
Moving on to the Subscription Mechanism Timeline, it is-
- Preparation Phase: 2022-05-30 00:00 (UTC) to 2022-06-01 02:00 (UTC)
- Subscription Phase: 2022-06-01 02:00 (UTC) to 2022-06-02 09:00 (UTC)
- Calculation Phase: 2022-06-02 09:00 (UTC) to 2022-06-02 12:00 (UTC)
- Distribution Phase: 2022-06-02 12:00 (UTC)
As per the terms and conditions, each account can purchase only one Rh!noX by BinaryX NFT during the primary sale. After the Distribution Phase, users may list their NFT on Binance NFT Marketplace’s secondary market for sale.
Looks like Binance has developed a lot of faith for itself in the NFT world, as few days back, Fistiana’s genesis boxer NFT sales, which turned to be a major success was also conducted on the same marketplace.