The $AMB Token Brought To Life By Binemon
Monday, 11 April 2022 02:30 PM
Company Update
NEW YORK, NY / ACCESSWIRE / April 11, 2022 / The Binemon team aspires to provide all players with exciting and comfortable experiences while exploring the mythical and magical world of Binemon. That is why Binemon brought the Apple ($AMB) token to life and integrated $AMB to an important aspect of the game: Mons Fusion. Not only that, Binemon also made sure that the $AMB token has many other benefits and uses in the Binemon world to ensure the circulation of the token and prolong the longevity of the game economy.

Binemon recognized the importance of token holders and thrived to provide as many benefits as possible to holders of $AMB. Every transaction using $AMB will be taxed 8% for the redistribution towards holders. These transactions include the Fusions $AMB fee and the trading of the $AMB token itself. Moreover, the value of the $AMB token is guaranteed with the Risk Free Value (RFV) feature.
To optimize the benefits for both players and holders, a small portion will be taken from every transaction fee in Binemon to fulfill 2 main goals: first is to create an RFV reserve wallet, second is the Auto Buyback and Burn feature. The RFV reserve wallet is undoubtedly inaccessible to the developers and can only be utilized for a sole objective of supporting the price of $AMB and alleviating the damage of panic selling by buying back tokens to uphold the value of $AMB during dire situations. The Buyback and Burn feature is executed on the secondary market, which is PancakeSwap. For every $AMB transaction on the secondary market, Binemon smart contracts will buy back parts of the tokens and burn them to ensure the deflating tendency for the token, ensuring its steady growth over time. And it is of extreme importance to take note that Binemon developers do not own any token to remove any concerns of the foul rug-pulling practice many gamers and investors fear in past projects.
And ofcourse, the Binemon game will cease to exist without its players. For the whole ecosystem of Binemon to operate, there must be players in the world of Binemon. Players can explore the mythical world, tame and hatch ungodly powerful creatures known as Mons, fight monsters and world bosses, raid towers and dungeons alike. Players can collect stronger body parts for their Mons and thanks to the Fusions feature, Players can create a unique and unfathomably strong Mon to accompany them on their journey to become the number 1 Masters of Mons. For Binemons players, $AMB can be used to purchase characters with the initial investment capped at $2-$10. Players can join minigame events such as Squid Game to compete for a chance of x100 reward. In addition, players can take on daily quests to earn up to 50% return on their investment per month.
Finally, Binemon is still in its early developing state, only 3 out of the planned 10 phases have been realized. This creates an infinite potential for Binemon to shine. The Binemon team believes in this potential and the opportunity to create a millions-strong community, further developing and accelerating the growth of the GameFi Metaverse. Binemon will continue to pursue and evolve this fantastic game world and bring the Binemon game to a position abreast Axie Infinity.
Social links
Telegram Group: http://t.me/binemonchat
Telegram Channel: http://t.me/binemon
Twitter: https://twitter.com/binemonnft
Media contact
Company: Binemon
Contact Name: Dan Marino
E-mail: [email protected]
Website: https://binemon.io/
SOURCE: Binemon