Q1/2021 witnessed a strong rise of the crypto market, the keyword “non-fungible token” (NFT) emerged as a missing piece to complete the applicability of blockchain to digital products. Axie Infinity, and My Defi Pet are examples of the pioneering projects for the rising trend of the NFT-game mix.

“Play to earn” - the phase that created the mentioned success is proving its effectiveness in the context of the current epidemic and state of unemployment. At the same time, there is a scarcity of blockchain-based game projects. Is the NFTs gaming pie still attractive enough for newcomers?

Binemon - a brand new NFT game with the goal of exploring the definition of "play to earn" comes in.
 


Genre

Binemon is a virtual pet NFT game combined with elements of an Idle RPG game. In addition to collecting and trading eggs, ambrosia (fusion), characters, items, land, and players are also connected to fight in PVE, PVP modes and receive cryptocurrency rewards.

The Idle RPG game genre with popular names such as Lost Centuria, Adventure, and Idle Heroes are storming the global gaming community. However, they solely serve the purpose of entertaining players. The NFT blend has opened up the capability of owning, exchanging and trading in-game items, which is a shortcoming of traditional games.

Highlights

The game developers had revealed that it took them more than a year to conceptualize, deploy and perfect the infrastructure. NFTs and 3D graphics take more time and effort than most.



Based on the plot and the mix of a variety of game genres, Binemon is introduced as an open world with the ability to endlessly tweak the game rules, quantity, quality of characters and items.

The element of luck is the basic characteristic of the gacha genre, which when combined with the transparency in blockchain creates the attraction in the nature of ownership, competition and spending.

One unique highlight about the character design in the game is that they are inspired by the trendy memes in the online community. It is without a doubt that everyone now knows about the Shiba dog from Dogecoin, or the legendary Pepe, and that is not everything Binemon has to provide.
 
Blockchain

Introduced as a product developed on DRK Chain, an emerging blockchain that is quite uncommon in the market. The reasons given by the game publisher of why DRK Chain is suitable for their platform selection are:

•   Fast and stable transaction speed (up to 5000 TPS, 2-second block time)
•   Their cheapest gas fees help save cost on player activities and transactions on NFT Marketplace.
•   Smart Contract and DaRK security protocol offer high customizability and security for the constantly evolving nature of NFT games.
•   This is a new blockchain platform with a low market cap and promises a high-profit potential for player achievable rewards for joining Binemon
Development

The game was hinted on their official Twitter page to progress through a total of 10 phases with a development time of approximately 3 years to introduce distinguished plots. Each phase when released will come with more features, new characters, items and fighting modes.

Expected to be released at the end of July, 2021 with its first phase, Binemon: Prometheus focused on the collectible aspect of the game. Gamers will purchase eggs to hatch Binemons, and fuse different species into stronger, more valuable Binemons (level up).

With Idle RPG being the focus of the game, the player needs to own several items that enable them to explore special features of the game later on. Therefore, the introduction of Phase 1 helps the community to get familiar with NFT and the way of exchanging and crafting items to prepare for Phase 2 (Battling), when everyone has built their own army.

Opinion

Binemon belongs to the game category that is definitely not new to the market. However, it is worth looking forward to with the NFT infusion that gave birth to the concept of "Play to earn". The direction of development paints a never-ending world to obtain cryptocurrency, which every gamer or anyone who has access to their smartphone is excited for and can benefit from. The game publisher has announced Version 1 to be released at the end of July, 2021. Let's wait and see if Binemon is truly captivated and bring value to our life in this time of epidemic.

ThisOption is a Binary Options Exchange, which operates in the Cryptocurrency Market. The exchange has registered a company in the United Kingdom with the name ThisOption Limited since June 2020. However, they have changed the company's status to Suspended Company but still running the business in some ASEAN Country. The Founder of ThisOption is Mr. Nguyen Van Thang; a Vietnamese citizen though stated to be Chinese.



Source: https://www.wikifx.com/us_en/dealer/5791869219.html

For the clarification of their documents, ThisOption stated that the company acquired the insurance certification on WikiFX with the National Futures Association certification in the United States to protect users around the world. After the inspection on WikiFX, it can be seen that the insurance agreement is only between Mr. Nguyen Van Thang and WikiFX, with the insurance is valid in Vietnam for 3 months. Moreover, in the User Reviews section, many users report withdrawal issues, which indicates that ThisOption dispossesses the users' property.



Source: https://www.nfa.futures.org/BasicNet/basic-profile.aspx?nfaid=CdFC4Ioj%2B8M%3D

All the diplomas of ThisOption Limited, such as NFA, are recorded as Suspicious Clone. On the NFA official website, users can not find any information about ThisOption as the standard members of the National Futures Association. Checking for the office of ThisOption, ThisOption assigned a Virtual Office in Canada under Mr. Nguyen Van Thang. He has the actual address in Vietnam. The proof indicates that ThisOption is a Vietnamese Exchange that makes up a United Kingdom Company with the official headquarter in Canada.

In conclusion, numerous investors have required their assets and interests at ThisOption Exchange but have not received any response. Additionally, after many documents were exposed, ThisOption shows signs of defrauding investors to usurp their assets. The company used methods such as registering a fake legal entity in the UK and making fraudulent NFA certificates. The person behind all of ThisOption's scams is none other than Mr. Nguyen Van Thang, who resides in Vietnam.



https://find-and-update.company-information.service.gov.uk/company/12687353/officers

For the operation team of ThisOption Limited, Mr. Nguyen Van Thang and Mr. Nguyen Van Luc are the official representatives in Vietnam. They claimed to introduce ThisOption Exchange to the Vietnam market on behalf of ThisOption headquarters in Canada with the CFD Services. Many investors accuse ThisOption exchange of detaining their invested capital without fulfilling its responsibility to return the funds.

At the time of writing of this article, ThisOption has close their current website domain and change to https://exoption.extons.io. The next part of this article will go to detail about ExOption.

Those are popular topics when a certain coin/token was locked due to suspicious activities that was causing an abnormal spikes on the trades where as for some, volume of trades does not support it. Where as exchanges can limit withdrawals and even deposit to a certain token or coin, so as to provide security and not lose the money of their clients.

Congrats WaykiChain. Really proud of their team who made this possible. I have followed WaykiChain from long time and was always confident of them going far and that’s exactly what they achieved.

I don’t know what this Breezecoin is but I really enjoy using Bithumb Global. Maybe just gonna tick myself with trying this. And very happy today to see BTC reaching near 9k

Doctor Best, producer of vitamins and food supplements, is becoming the first strategic partner of the UTI cryptocurrency. With the help of blockchain technology, the company will be able to make sure each step of their product supply is transparent, safe and fraud-proof for the consumers. What is more, use of blockchain will simplify big data and will help the producers, retailers and logistic operators be more efficient at lower costs.  

UTI, also known as Unicorn Solutions Chain, is the global high-technology incubation platform that serves as an ecosystem for consumer goods and payments. As said by UTI CEO William Png, the platform is created thanks to the joint efforts of the best experts and entrepreneurs in crypto industry, some of them used to work with Sora Ventures and Canow Japan.

UTI Blockchain technologies help various companies and their clients build highly effective cooperation, lower operational costs, strengthen authentication and protect data privacy by means of increasing resistance to unauthorized access and interoperability of components within the whole supply chain. UTI technology is also successfully used as the accessible infrastructure for buyers and sellers – a quick way to make payments through smart contracts.

Any user can easily join the UTI network: the company is planning the token emission in the nearest future. As planned by the founders, by the end of 2020 the cryptocurrency will have accumulated up to $6 million.

The UTI public chain will begin from the CBD industry- manufacture and selling products containing cannabidiol, non-psychotropic substance, which is one of the cannabis ingredients and accepted by the World Health Organization. CBD products market is now one of the fastest growing retail segments, they manufacture CBD-based foods, cosmetics, drinks, as well as food supplements and vitamins. According to Cowen, retail sales of CBD-based consumer goods in the US will have reached $16 billion by 2025. Meanwhile, according to the UK Cannabis Trades Association, the number of CBD consumers has grown to 250,000 within the last year.

The first strategic partner of UTI will be Doctor Best, manufacturer of specialized food supplements and vitamins from Thailand. The company is fully certified and sells its products to the ten largest pharmacy chains in Thailand. With the help of this partnership, Doctor Best is planning to promote the use of CBD products in South Asia, where it is still not as popular, as in North America and Europe.

In future, UTI will expand its influence through attracting new users- high-tech companies that manufacture the third generation of semi-conductors, CBD technologies, 5G and optoelectronic chips. Besides high-tech development, UTI ecosystem will be effective for other businesses and industries, from pharmaceuticals to agriculture, tobacco, alcohol products, as well as other types of consumer goods where trust and effective cooperation are important aspects of all parts of the supply chain.

Find out more at https://unicornti.com

Yeah not the best time to launch. Then you never know if it might just work… Let see

WOW, this is confusing. My head spins. What’s the truth in all this?

Bad Bad news. Some of my friends were trying to be listed here by paying huge fees. Thank god they pulled out.

I like the way Gate.io donates to grins general funds for its development want to say thank you for doing that! 

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Week 4 stakes have been updated. If you any clarification you may drop the PM to us here. We are glad to assist our participants.

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