Rh!noX Aims to Be First Soulbound Token on BNB Chain

BinaryX officially releases whitepaper for Rh!noX NFT collection.

By
Nick S.
on
August 4, 2022
Category:
NFT

NFTs for Credit Scores, Behaviour Analysis, Airdrops

BinaryX, a Play to Earn game development company, has released the official whitepaper for Rh!noX, a collection of 10,000 Non-Fungible Tokens (NFTs) that allows owners to use their assets as avatars on GameFi and DeFi apps on BNB Chain.

Rh!noX aims to become BNB Chain’s first Soulbound Token, which is inspired by “soulbound” items in the World of Warcraft game that are linked to a person and cannot be traded to other users.

The Rh!noX NFTs give owners perks, such as access to beta testing for games, and whitelists for NFTs, projects and new tokens on BNB Chain.

Some highlights of the new whitepaper include:

  • Soulbound Token Analysis System: This feature will calculate the “credit score” of a wallet depending on amounts owned and transaction history. The credit score determines the privileges a user is eligible to enjoy.
  • Multidimensional behavioral analysis model: The system has a built-in analytical model to study the characteristics, personality, and reliability of the NFT owner.
  • Rh!Drop: Developers can target NFT owners for airdrops, depending on asset value, preferences, trading style, credit rating, and more.

In addition, the project also integrates various social features, including:

  • Social Identity: Rh!NoX Official will verify the background and evaluate the trustworthiness of NFT holders.
  • Rh!neT: This feature will work like a Web3.0 networking platform, allowing users to see other users’ profiles, social status and social networks, to send instant messages, and more.

What Is BinaryX:

BinaryX was founded in the Spring of 2021 as a derivatives trading platform but has pivoted into a metaverse ecosystem. CyberDragon, BinaryX's first GameFi attempt, was once among the top-3 games on BNB Chain.

BinaryX is a recipient of the Binance Most Valuable Builder Accelerator program and boasts the first game globally to launch a decentralized autonomous organization (DAO) where players have the power to vote and decide the future path and developments of the game.

 

Where to find BinaryX:

Website | Twitter | Medium | Telegram 

What Is Rh!NoX:

Rh!NoX is an NFT collection consisting of unique NFT avatars with additional accessories, facial features, and backgrounds. Rh!NoX can offer NFT holders different rights and benefits across different platforms. Items from this NFT collection will serve as status symbols and represent the Soulbound Token certification in future BNB Chain developments.

 

Where to find Rh!NoX:

Website | Twitter | Medium | Telegram | Discord

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Tags:
Nick S.

Nick is a cryptocurrency researcher, especially interested in the Ethereum and BNB ecosystem. My portfolio is mostly BTC, ETH and BNB.

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