HOOK token utilities are mostly built in for community governance, gas tokens for platform on-chain activities, staking incentives as holding rewards, social elements demonstrations with status signaling and individuality, and for more long-range objectives, valuable innovations contributing to the ecosystem thriving. Governance platform token for Hooked ecosystem One of the most fundamental utilities of HOOK will be community governance, representing stakes and votes in ecosystem proposals. Gas token for Hooked Application Rollup As we are building rollup infrastructure on top of L1s to support our DApp ecosystem, HOOK will be used as the gas token for all economic activities. In the future, all DApps in the ecosystem built on top of Hooked platform will also be using HOOK as the gas token for on-chain transactions. Access token for exclusive NFTs and privileges of community events Community members will be motivated to hold tokens to get access to exclusive community events and grants to purchase limited editions of platform NFTs, which demonstrate community social status and network impacts. Furthermore, HOOK will be put into innovation practices which overall benefit the ecosystem of both individual participants and businesses, ensuring considerable liquidity and token value will grow in direct proportion for the success of the whole community.

HOOK is the native [BEP-20](https://coinmarketcap.com/alexandria/glossary/bep-20) token of Hooked Protocol, meaning that it runs on and is secured by the [BNB Chain](https://coinmarketcap.com/alexandria/article/what-is-binance-smart-chain).

$HOOK is Hooked’s native cryptocurrency; it’s used to govern the Hooked Protocol. The HOOK token is deployed on the [BNB Chain](https://coinmarketcap.com/alexandria/article/what-is-binance-smart-chain) and has a total supply of 500,000,000 coins, which are distributed as follows: 30% to Ecosystem / Treasury; 25% to the Community; 20% to the Team and Advisor. 20% to Private Sale; 5% to Community Sale (Binance Launchpad Sale); The token sale started on November 24, 2022 and lasted until December 1, 2022 on the Binance Launchpad platform. Hooked users can use $HOOK tokens to: Govern the platform via voting; Pay the network’s gas fees; Access exclusive events, perks and products, including NFTs; Buy in-game tools. Additionally, users receive any staking rewards in HOOK tokens.

Hooked Protocol offers tools to facilitate the use of Web3 by users. - Hooked Soulbound Token (Hooked SBT): A web3 "passport" that can only be minted once and cannot be transferred. - Hooked Wallet: A crypto wallet that facilitates storage, transactions, and other activities related to Hooked Protocol. - On-chain data storage: The project's data is stored on BNB Chain and is accessible to all users. Hooked solution, unlike other social-fi products, aims to provide easy, enjoyable Web 3 accessibility for Web 2 users by some following competitive advantages: - Fast-growing community gateway for Web3 onboarding: Hooked is building a set of user-facing products with intriguing incentives and gamified experience for new user onboarding. Social referrals play a key role in community formation. The sharing process enables users to establish a web3 social graph and monetize it. - Onboarding solutions for business: Hooked's integrated infrastructure will provide seamless Web3 onboarding solutions for businesses. - Web3 Gamified Social Learning Platform to well match between education and entertainment

The Hooked Protocol team consists of three key people: Jason Y. (Founder), Mike Y. (CTO) and Jess L. (CMO). Jason Y has 10 years experience in growth strategy and consumer internet at Uber and Meta; Mike Y is an engineer with a background in large-scale financial services and consumer product development; Jess L. has experience in Silicon Valley's leading technology organizations (including Uber and Google), and she specializes in marketing, strategy and business development.

Hooked Protocol is the pioneering immersive edutainment network to onramp the next billions of people into Web3. Hooked’s mission is to drive Web3 massive adoption by providing immersive, gamified, and social learning experiences. Hooked offers a seamless and intuitive onboarding path for both learners and builders through offerings of 3 focuses of their businesses: Infrastructure, Academy & Ecosystem. As of now Hooked has launched 3 dApps and products: Wild Cash, a Quiz-to-Learn Web3 bootcamp product for elementary learners with over 3 million monthly active users; ToDaMoon, a livestreaming Learn-to-Earn product for preparatory learners with 1,000,000 total competition participation; Hooked Academy Sensei, a Learn with AI-Sensei & exploratory learning product powered by AI technology with over 100,000 registered learners. Hooked is also developing itself towards substantial development of Web3 onboarding infrastructures to onramp builders, and meanwhile forging powerful partnerships and robust economic vitality within the ecosystem to boost massive adoption. Hooked tokenomics adopts a segregation strategy by applying a single token (HOOK) oriented structure, reflecting real value and enabling common use case functions, to avoid the scenario where pump and dump schemes happen. HOOK is the only governance token with liquidity in the ecosystem, designed to reflect the value that flows across the Hooked platform with limited supply and scheduled emission scheme. HOOK’s long term value is tied with the confidence people hold for the project, and the supply of HOOK is fixed and designed to be deflationary. HOOK token utilities are mostly built in for community governance, gas tokens for platform on-chain activities, staking incentives as holding rewards, social elements demonstrations with status signaling and individuality, and for more long-range objectives, valuable innovations contributing to the ecosystem thriving. More details about our token $HOOK, please refer to: https://hooked-protocol.gitbook.io/hooked-protocol-whitepaper/hooked-tokenomics/hook With its academy, infrastructure, and ecosystem, Hooked aims to revolutionize Web3 education and bring new forces to onboard Web3.

Horizen utilizes a combination of Proof-of-Work in their mainchain and Proof-of-Stake in their sidechains. Each PoS sidechain built on the Horizen network is pegged to the mainchain and runs simultaneously. The mainchain acts as a ‘truth engine’ for all blockchains built on the network. Horizen uses zk-SNARKs to allow the communication between sidechains and the mainchain without having the mainchain know the sidechain logic and the internal structure. This approach keeps the mainchain completely decoupled from the sidechain’s logic and allows the whole system to scale possible applications and global transaction throughput. The Horizen blockchain network uses secure nodes which are TLS encrypted to enable secure inter-node communication. ZEN uses the Equihash consensus algorithm, which supports ASIC mining and offers shielded transactions that can mask the sender, recipient, and value transacted.

Horizen has a maximum supply of 21,000,000 coins, of which just over 14,468,625 are in circulation as of December 2023. Horizen has one of the largest node networks with a multi-tiered node system. The operators receive 20% of the total block subsidy, and the dispersed node network provides an extensive infrastructure to operate an ecosystem of both applications and sidechains. When it comes to mining ZEN, it is an ASIC-mineable cryptocurrency that employs the Equihash algorithm. Block rewards 60% miners, 20% treasury, and 20% nodes.

Horizen is known for its expertise in zero-knowledge-based blockchain technology. The Horizen team has made several advancements in the cryptography space, including the release of one of the first zero-knowledge-based scalability solutions called Zendoo. Their blockchain network provides a unique sidechain solution that allows developers to build their own scalable blockchains with the ability to support tens of thousands of transactions per second while maintaining true decentralization across tens of thousands of nodes. Horizen also features Zendoo, a sidechain system that enables the deployment of thousands of independent sidechains that communicate with the mainchain and each other. Horizen has expanded its ecosystem with the release of Horizen EON, an EVM compatible smart contracting platform with lots of integrations in the DeFi, RWA, and NFT space. Blockchain transactions are verified by network nodes, which requires significant computational power. This is why most blockchain networks have a cap on the number of transactions they can process at any given time. However, developers on Horizen can operate more than 10,000 independent blockchains simultaneously while handling up to 10 million transactions per second across all sidechains (an average TPS of 1,000 per chain). This is largely due to Horizen’s node network being one of the largest and most distributed networks in the industry. This enables their network to be fully decentralized while maintaining high throughput for transactions across the network. Horizen is decentralized on the technical level and has moved most of its organization to a DAO structure. Horizen uses the ZenIP process to standardize the process of suggesting major changes to the Horizen code base and ecosystem. Today, the Horizen team is focused on building a modern, scalable solution for settlement that helps increase modularity and sets the stage for greater collaboration in Web3. ZEN is the native cryptocurrency for the Horizen ecosystem.

Dr. Rob Viglione is the co-founder and CEO of Horizen Labs and the co-founder and team lead of the Zen Blockchain Foundation. He holds a Ph.D. in Finance, an MBA in Finance and Marketing, and a Bachelor's in Physics & Applied Mathematics. Additionally, Rob has been an advisor to some of the most transformational blockchain projects globally, including Aave, and he previously worked as a scientist in the space industry. Co-Founder Rolf Versluis is an experienced business owner in the IT industry and owns a mid-size mining operation. In the past, Rolf worked at Cisco Systems, the semiconductor industry, and as a nuclear-trained officer in the US Submarine force. Jane Lippencott was a member of the founding team and co-author of the original whitepaper. She is now a partner at a16z Crypto, the digital asset unit of venture investing giant Andreessen Horowitz, and was previously an associate at Winklevoss Capital. Jane is a 2021 VC Cohort at All Rise, an advisor at Teller Finance, and a mentor at the Open Web Collective, as well as a mentor at Celo and Katapult Accelerator. She is a contributor at Nakamoto.com. She worked as a mentor at Blockchain for Social Impact Coalition (BSIC), a mentor at dLab and a mentor at Ethereum Classic Labs, an advisor at Unbounded Capital, a mentor at Techstars, and was a member of the Board at Cord.

ZEN is the governance and utility token for Horizen, a zero-knowledge-enabled network of blockchains powered by the largest node infrastructure in the industry. Blockchain interoperability is enabled by the Zendoo protocol, which uses SNARK-verification and allows for complete flexibility in sidechain type, consensus, and speed. Cryptographic verification of networked chains offers massive scale, and the network currently supports up to 10,000 sidechains with a throughput limit of 10,000,000 TPS. Zendoo makes Horizen a permissionless network of blockchains. Developers can deploy their blockchains within the ecosystem using a variety of SDKs. In 2023, the ecosystem team launched Horizen EON, a public proof-of-stake sidechain and an EVM-compatible smart contracting platform that allows developers to efficiently build and deploy dapps on the Horizen ecosystem, while benefiting from the Ethereum ecosystem. Since going live with Horizen EON, DeFi projects including SpookySwap, Ascent Exchange, and Yuzu have successfully integrated into the Horizen ecosystem. Get started on Horizen EON today! Horizen's native cryptocurrency, ZEN, is a mineable PoW coin currently trading on major exchanges, including Coinbase and Binance. ZEN can be staked to participate in Horizen's nearly 50,000 full node network. While ZEN was previously a privacy token, following ZenIP 42204 in June of 2023, the network removed its existing privacy features in favor of moving towards a vision of adaptability and responsible, scalable growth.

The CVC token is highly liquid and can be traded on dozens of exchange platforms, including [Binance](https://coinmarketcap.com/exchanges/binance/), [Coinbase Pro](https://coinmarketcap.com/exchanges/coinbase-pro/) and [Huobi Global](https://coinmarketcap.com/exchanges/huobi-global/). It is most commonly traded against [Tether (USDT](https://coinmarketcap.com/currencies/tether/)), the Korean won (KRW) and Bitcoin (BTC). For a full list of exchanges, check the market pairs section. To learn more about purchasing [cryptocurrencies](https://coinmarketcap.com/alexandria/article/what-are-cryptocurrencies) like CVC with fiat, check out our [comprehensive guide](https://coinmarketcap.com/how-to-buy-bitcoin/).

As an [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) token, CVC is backed by the Ethereum blockchain — which is widely regarded to be of the most decentralized and secure [proof-of-work](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake) (POW) networks in current usage. Over time, [Ethereum](https://coinmarketcap.com/currencies/ethereum/) will gradually transition to [proof-of-stake](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake) (POS) with the roll-out of [Ethereum 2.0](https://coinmarketcap.com/alexandria/article/a-dive-into-ethereum-2-0). Once complete, the CVC token and associated transactions will be secured by a network of validator nodes. Digital identities secured through the Civic app are protected by the user’s own device, which customers use to control access to their data.

As of late December 2020, there are exactly 670 million CVC tokens in circulation, representing 67% of the maximum 1 billion CVC total supply. The current circulating supply can be found in the right data panel. As per the Civic token sale website, a total of 1 billion CVC were minted, of which 33% were sold in the token sale; 33% is retained by Civic; 33% is allocated for incentives and rewards; and the remaining 1% was used to cover token sale costs. As of December 2020, the 330 million tokens allocated to Civic remains untouched. It is currently being held in a multi-signature Ethereum wallet, which can be tracked [here](https://etherscan.io/token/0x41e5560054824ea6b0732e656e3ad64e20e94e45#balances).

Civic is built to make it easy for users to verify their identity with service providers, while still retaining full control over their personal information. It allows businesses to onboard users faster using its AI-powered verification system, which when combined with human review helps businesses cut down on fraud and stay compliant with AML regulations and OFAC rules. As of December 2020, Civic has two main products: the Civic wallet and Health Key. The Civic wallet is a mobile cryptocurrency wallet that can be used to store a handful of popular cryptocurrencies, including [Bitcoin (BTC)](https://coinmarketcap.com/currencies/bitcoin/), [Ethereum (ETH)](https://coinmarketcap.com/currencies/ethereum/), and [USD Coin (USDC)](https://coinmarketcap.com/currencies/usd-coin/). The app doubles as a digital identity management solution, and benefits from a $1 million Bitcoin insurance plan provided by Coincover. Health Key is Civic’s newest product. This is an app that allows employers to securely verify the health status of employees, to ensure they are healthy enough to return to the workplace after an infection with COVID19 — such as if they test positive for antibodies or have been vaccinated. This is achieved without compromising the privacy of the employee.

Civic was co-founded in 2015 by Vinny Lingham and Jonathan Smith. Vinny Lingham is a serial entrepreneur who appeared on Shark Tank South Africa in 2016, and has co-founded several prominent firms, including a South Africa-based investment fund known as Newtown Partners and Gyft — a Google ventures-backed digital card platform. Lingham is Civic’s CEO. Jonathan Smith is the current CTO of the platform and has more than 15 years of experience in the banking industry. Prior to his role at Civic, Smith held various managerial roles at prominent firms, including Deloitte MCS Limited and HSH Nordbank, and was the global head of Platforms at Genpact Headstrong Capital Markets. In addition to the founders, the Civic team includes a host of highly successful individuals, including COO Chris Hart, who has two decades of experience in senior finance, and previously held the role of CFO at Guidebook and Nextag. The official Civic LinkedIn page currently lists 38 employees, many of which are based in the San Francisco Bay Area.

Civic is a [blockchain-based](https://coinmarketcap.com/alexandria/glossary/blockchain) identity management solution that gives individuals and businesses the tools they need to control and protect personal identity information. The platform is designed to change the way we think about identity verification by giving users more control over their personal data, while allowing them to access a wide range of services without needing to fork over excessive amounts of personal information. Civic's identity verification solution uses distributed ledger technology to authorize identity usage in real time, and is used to sparingly share information with Civic partners after authorization by the user. Unlike some other identity management services, Civic users store all their sensitive data on their mobile device. Users are able to authorize the sharing of specific personal data by providing a biometric signature through the Civic app. The Civic ecosystem is enabled by a unique utility token known as the Civic token (CVC), which is used for the settlement of identity-related transactions between Civic participants — such as between a customer and service provider. Users can earn CVC tokens for completing a variety of tasks, such as signing up for a service through the platform or introducing new users, while validators can earn CVCs for validating documents for service providers. Civic was launched in 2018, following a sell-out initial coin offering ([ICO](https://coinmarketcap.com/alexandria/glossary/initial-coin-offering-ico)) the year prior.

If you want to buy, sell or trade Power Ledger (POWR), you can do so on the following exchanges: * [coinbase](https://www.coinbase.com/price/power-ledger) * [Binance](https://www.binance.com/) * [Bithumb](https://www.bithumb.com/) * [KuCoin](https://www.kucoin.com/) * [UpBit](https://upbit.com/) * [Gate.io](https://gate.io/) * [Bittrex](https://bittrex.com/) * [Bancor](https://www.bancor.network/) * [Changelly](https://changelly.com/exchange/crypto/powr) * [Coinspot](https://www.coinspot.com.au/) * [Huobi](https://www.huobi.pro/) * [Kyber](https://kyber.network/) * [LAtoken](https://latoken.com/) * [Localcoinswap](https://localcoinswap.com/) * [Lykke](https://www.lykke.com/) * [TDAX](https://tdax.com/) * [Swyftx](https://swyftx.com/au/buy/power-ledger/) * [Liquid](https://www.liquid.com/) * [crypto.com](https://crypto.com/price/power-ledger) New to cryptocurrency? Read CoinMarketCap’s [easy guide](https://coinmarketcap.com/how-to-buy-bitcoin/) to buying Bitcoin or any other token.

Powerledger allows renewable energy asset owners to decide who they want to sell their energy to and at what price. Trades are conducted across a distribution network that is monitored and provides a secure revenue stream. Users can secure their POWR through a hardware wallet. POWR is an ERC-20 token that is supported by all wallets that also support Ethereum. Powerledger’s software suite utilises the Powerledger blockchain for necessary transactions, due to its scalability compared to the Ethereum public blockchain. The Powerledger blockchain is built on a modified version of the Solana software, and is secured through staking facilitated through the official Powerledger staking platform. POWR is an[ ERC20](https://coinmarketcap.com/currencies/erc20/) token that is supported by all wallets that also support Ethereum.

Power Ledger’s (POWR) circulating supply is 425,498,654 POWR as of February 2021. With a maximum supply of 1,000,000,000 POWR.

Powerledger was founded in 2016 to solve a pressing problem: Energy that comes from solar and wind is intermittent and lacks the steady quality that fossil fuels provide, and this causes problems for the grid. Powerledger’s approach was to create a highly agile market that could help regulate this intermittency and start to create a transition to a more responsive, distributed network with better storage. Powerledger’s software is used by utilities and large corporations to track, trace, and trade every kilowatt of energy to improve grid stability. Powerledger software is designed for provenance tracking of energy and portfolio management (PPA Vision), providing alternatives for cheaper renewable energy through secondary markets and peer-to-peer energy trading (Secondary PPA Exchange and xGrid), and building efficient marketplaces for environmental commodity trading (TraceX). Powerledger solutions use blockchain in a variety of ways. For example, Vision and PPA Vision use blockchain for tracking each kilowatt hour in terms of type, time, and place. Powerledger also offers products that utilise blockchain to record the transactions between buyers and sellers of EACS, or environmental attribute certificates, and creates settlements between the parties. These can be tokenised and integrated with traditional certificate registries and, over time, blockchain registries as well.

Powerledger (POWR) was co-founded by Dr. Jemma Green and John Bulich in 2016. Dr. Jemma Green is the executive chairman of Powerledger. After spending a decade as an investment banker in London, Dr. Green returned to her hometown of Perth to pursue her PhD in electricity market disruption. In her pursuit of software facilitating peer-to-peer energy trading, she crossed paths with John Bulich, a seasoned blockchain solutions expert with a track record of creating innovative solutions for various industries. Together, they conceived the idea of Powerledger, recognising the growing need for transparency and an additional peer-to-peer transaction layer in energy markets, especially with the increasing integration of renewables into the grid. In 2018, Dr. Jemma Green won Sir Richard Branson’s Extreme Tech Challenge award, followed by the EY Fintech Entrepreneur of the Year award. In 2024, Dr. Green collaborated with former FBI hostage negotiator Chris Voss to co-author the best-selling book, 'Empathy and Understanding in Business.' John Bulich is the technical director at Powerledger. He is a pioneer of blockchain technology in Australia. After co-founding Ledger Assets, he became renowned as a technology entrepreneur, specialising in the design and implementation of blockchain. John provides the strategic direction for conceptual, system and application design and development for Powerledger. His vast experience in software and blockchain development gives Powerledger its technical edge.

Powerledger (POWR) is a technology company that builds software for distributed and decentralised energy markets for a sustainable future. It has developed a blockchain-based platform that enables the tracking and trading of energy, flexibility services and environmental commodities. Its goal is to provide the platform for a fully modernised, market-driven grid that offers consumers a choice in their energy while driving the democratisation of power. Headquartered in Zug, Switzerland, Powerledger operates in more than 10 countries. Powerledger operates on two blockchain layers; the POWR token is issued on Ethereum as an ERC-20 token, and the Powerledger blockchain - a native Solana based blockchain to process energy transactions on a more scalable network. The POWR token is an ERC-20 token that acts as a licence required for businesses such as; utilities, renewable energy operators, microgrids, companies committed to 100% renewable energy and property developers to access Powerledger’s platform, and will be able to be used to pay for transactions on the Powerledger blockchain in future. In 2015, 30 countries had reached grid parity, meaning that the price of solar-generated energy was equal to or less than the cost of local retail electricity. Powerledger combines renewable energy and blockchain technology to offer energy solutions that are cheaper and more sustainable than traditional energy alternatives.

NFPrompt is an AI-driven UGC platform designed for the new generation of Web3 creators. It's an all-in-one platform with the power of AI-creation, social community, and commercialization. NFP is NFPrompt's native token and is used in the following functions: * Staking: Users can stake $NFP to earn a share of platform fee. Users need to stake $NFP to get votes. They can vote for their favorite arts and participate in creative contests to win rewards. * Payment: Users need to consume $NFP to create image/video/pfp/music NFTs. Brands or projects use $NFP tokens to pay for theme creation contest. * Campaign matching rewards: NFP platform will match sponsors' rewards using $NFP to make a bigger prize pool for users. * Community: Influencers use $NFP to purchase signature collections in SocialFi system. They can also use it to promote their content. * Governance: NFP holders can engage in future governance of the NFPrompt. The project consists of the following major components working in conjunction: * AI-empowered creation: NFPrompt provides 5 different AI-powered creation tools such as images, videos, pfp, music to make NFT creation effortless and accessible to everyone. * Creator community: NFPrompt provides a platform for users to discover AI generated artwork and a channel for creators and influencers to connect with its fans, sharing exclusive content and valuable information. * AI NFT marketplace: NFT created on NFPrompt can be bought and sold on BNBChain and opBnB. * Theme creation contest：NFPrompt's theme creation contest helps projects expand their branding exposure and further incentivizes users to create through client-provided marketing fees.

REI Network was developed to better adapt to the development trend of the blockchain, and to achieve a lightweight, Ethereum compatible, higher performance, and no fee blockchain framework.

BNX is available on [Binance](https://coinmarketcap.com/exchanges/binance/), [Mandala Exchange](https://coinmarketcap.com/exchanges/mandala/), [ZT](https://coinmarketcap.com/exchanges/zt/), [Gate.io](https://coinmarketcap.com/exchanges/gate-io/) and [CoinW](https://coinmarketcap.com/exchanges/coinw/).

BNX 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). BNX was audited by Certik and received an excellent security score of 83. In an interview, the BinaryX team stated that it chose Binance Smart Chain because of its lower costs, faster confirmations, and greater chain bandwidth, which are all indispensable for an MMORPG game. BSC is secured through the [proof-of-stake](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) [consensus mechanism](https://coinmarketcap.com/alexandria/glossary/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.

Binary X provides close to no information about its tokenomics on its website. According to public sources, BNX has a maximum supply of 21 million tokens. Tokens obtained during the genesis mining event automatically receive lock-up dividends. After the mining period, rewards will be unlocked. BNX is distributed as follows: * 33.33%: Genesis mining reward * 26.67%: Initial BNX/BUSD trading pair liquidity * 30%: Marketing and LP Reward Reserve * 10%: Team However, there is no information provided about vesting periods. The circulating supply at the time of writing is just over 2 million BNX.

The developer team on BinaryX aims to redefine what gaming looks like in the GameFi industry. The key focus for BinaryX is to create a sustainable economic model for our games, building upon the existing ecosystem and adding more fun gaming experiences in the space. As a GameFi platform, BinaryX has made CyberDragon and CyberArena, two top games on the BNB Chain. In September 2022, BinaryX launched CyberChess, an auto battler strategy game that is inspired by the game Autochess. CyberChess has a firmer structure, greater playability, and the most complete mechanism of any game that BinaryX has ever done, and signifies the transition from play-to-earn (P2E) to a free-to-play, play-and-earn game. To further add value as a GameFi industry player, BinaryX is in the midst of becoming an IGO platform that provides a comprehensive suite of solutions to incubate, enable, and empower aspiring GameFi developers. This comes in the provision of better and more tailored resources for developers that are facing roadblocks in their project runway. At the time of writing, BinaryX has just launched its first IGO project — SHIT IGO, with more IGOs to come. For more information about BinaryX and their games, please visit www.binaryx.pro

Despite the fact that Binance Labs backed the project itself, the developers behind BinaryX are anonymous. However, during an interview with Binance, they revealed that they were a team made up of international backgrounds and a number of senior blockchain experts. Supposedly, the team members have experience building centralized and decentralized exchanges and managing derivative assets of more than $100 million.