Binemon PriceBINInactive

What is Binemon (BIN)?

Binemon (BIN) is a virtual pet non-fungible token (NFT) game built on BNB Smart Chain (BEP20). The project combines the mechanics of an idle RPG with Play-to-Earn rewards, allowing players to collect, trade and battle unique digital creatures called "Mons". The game is designed in a comic-like style reminiscent of Pokemon and is set on Planet Earth, where these creatures live across four different continents. The project describes itself as a meme NFT mobile game blending collectible, gacha, RPG, adventure and idle genres, and is tagged as DEX Mode on CoinMarketCap.

Binemon launched on 23 August 2021 and was listed on CoinMarketCap on 26 August 2021. The project itself was deployed from March 2020 by the Binemon Team, with a roadmap set to complete the infrastructure within the next 3 years. According to the project's own 2021 materials, Binemon had grown to over 140,000 players by September 2021, when the game was in chapter one, Prometheus.

The BIN token is the native utility asset of the ecosystem. CoinMarketCap lists a maximum supply of 1,000,000,000 BIN and a total supply of 934,870,751 BIN, while CoinGecko and Blofin report a total supply of 999,000,000 BIN. The circulating supply is roughly 416.78M BIN. Per August 2021 distribution data, 40% of the 1 billion BIN total supply went to the IDO and a further 40% formed part of a liquidity pool locked for one year; the remaining 20% was not specified in that disclosure. The project is tagged under Gaming, Collectibles & NFTs, and Play To Earn.

Key Specifications & Tokenomics

• Name: Binemon
• Symbol / Ticker: BIN
• Blockchain / Platform: BNB Smart Chain (BEP20)
• Contract Address (BEP-20): 0xe56842ed550ff2794f010738554db45e60730371
• Launch Date: 23 August 2021
• Project Deployment Start: March 2020
• Max Supply: 1B BIN
• Total Supply: 934.87M BIN
• Circulating Supply: 416.78M BIN
• Category: Gaming, Collectibles & NFTs, Play To Earn
• Audit: SolidProof smart contract audit — https://github.com/solidproof/smart-contract-audits/blob/main/SmartContract_Audit_Solidproof_Binemon.pdf
• Primary DEX: PancakeSwap
• Telegram: t.me/binemon
• Twitter: twitter.com/BinemonApple
• Explorer: bscscan.com
• Official Website: https://binemon.io/
• Whitepaper: https://docs.binemon.io/
• CoinMarketCap ID (UCID): 11412

Who created Binemon?

According to CB Insights, Binemon was founded by Nicolas Veiga Palacios and Daniel Uriona, who launched it in July 2021. The project's own website and whitepaper do not list the founding team.

The project runs Filipino, Chinese, Indian and Vietnamese Telegram community groups, which indicates a largely Asian player base.

How does Binemon work?

Binemon operates as a virtual pet NFT game with both player-versus-environment (PvE) and player-versus-player (PvP) modes. In PvP, a player selects five of their Binemon and arranges them in a formation before entering combat. Battles are turn-based and time-limited. The winner receives AMB tokens as a reward and has the opportunity to improve their rank and compete for a seasonal award.

Players acquire Mons by purchasing eggs with BIN tokens. Mons are received randomly from eggs and belong to four different races: dog, cat, unicorn and titan. Each race falls into one of five classes: fighter, archer, mage, tank and support. Every Mon is assembled from eight body parts, including head, body, tail, ears, face, skin, horn and wings, and is defined by three primary stats: strength for damage and HP, agility for attack speed and armor, and intelligence for magic power, skill casting speed and magic resistance. Five equipment stats cover critical rate, critical damage, dodge chance, HP regen and MP regen. Each Mon also has two skills, a passive influenced by race and an ultimate influenced by class, plus seven ranks, three forms (baby, teenage and adult) and levels ranging from 1 to 100.

Mons can be fused to produce a higher-ranked Mon, and they can evolve across classes and levels, with skills acquired at birth. A PvE campaign allows players to level up their Mons, with additional campaigns and bosses planned for the future.

What makes Binemon unique and valuable?

Binemon differentiates itself through the depth of its creature customisation and its dual PvE and PvP structure. The combination of four races, five classes, eight body parts, seven ranks, three forms and a level range of 1 to 100 means each Mon can be highly individualised, which supports collecting and trading behaviour around NFTs.

The game also blends idle RPG elements with Play-to-Earn incentives, connecting players through competitive battles that distribute AMB token rewards. Its open-world landscape and the Ambrosia (AMB) in-game commodity, used to upgrade and empower Mons, add a progression layer beyond simple collection. With a structured roadmap of ten phases planned at roughly two-month intervals, Binemon positioned itself as an evolving GameFi title rather than a static NFT collection.

What is Binemon used for?

BIN serves as the primary utility token within the Binemon ecosystem. It is used to purchase eggs, from which players randomly receive Mons. The token underpins the in-game economy that also involves tradeable eggs, ambrosia used for fusion, characters, items and land.

Beyond acquisition, BIN supports participation in the broader game loop, where players collect and trade NFTs, enter PvE and PvP battles, and pursue cryptocurrency rewards. The in-game commodity Ambrosia (AMB) is used to upgrade and empower Mons, complementing the role of BIN in the wider economy. As a BEP-20 asset on BNB Smart Chain, BIN can also be transferred and was historically traded on decentralised venues such as PancakeSwap.

How Is the Binemon ecosystem developing?

The Binemon project was deployed from March 2020 by the Binemon Team, with a roadmap set to complete the infrastructure within the next 3 years. The roadmap consists of ten phases planned to be completed every two months by the team. As of September 2021, the game was in chapter one, Prometheus, with Phase 2 underway.

Future development plans include new reward systems, features, quests and storylines, as well as additional PvE campaigns and bosses. The project maintains community channels including Twitter, Facebook under the name "Binemon GameFi & Metaverse" (facebook.com/BinemonNFT), and Telegram groups for Filipino, Chinese, Indian and Vietnamese players, with the community hashtag #BinArmy.

Trading activity has since declined sharply: Gate delisted BIN's BIN_USDT and BIN_ETH pairs, and CoinGecko lists no active exchange markets for the token.

How to mine Binemon?

Binemon does not use a traditional mining mechanism. BIN is a BEP-20 token on BNB Smart Chain, and network consensus is provided by the underlying chain rather than by Binemon-specific mining hardware or software. There is no proof-of-work mining process for BIN itself.

Participants primarily obtain BIN through market purchase or by engaging with the game's Play-to-Earn economy. Players can earn AMB tokens as rewards for winning PvP battles and can improve their rank to compete for seasonal awards. Mons are acquired by buying eggs with BIN tokens, and these Mons can be fused or evolved to increase their rank and utility. BIN has no native staking or yield mechanism. Rewards in the ecosystem are paid in AMB for winning PvP battles and for seasonal rankings, and BIN is consumed when players buy eggs.

How to keep your Binemon Coin safe?

Because BIN is a BEP-20 token on BNB Smart Chain, holders should use wallets that support the BEP-20 standard and verify the official contract address before interacting with any token. The contract address is 0xe56842ed550ff2794f010738554db45e60730371, and activity can be reviewed on bscscan.com.

Standard security practices apply: store private keys and seed phrases offline, never share them, and be cautious of unsolicited links or token approvals. Since crypto-assets are volatile and carry significant market risk, including the potential loss of capital, holders should independently assess their financial capacity and consider consulting professional advisors. Always do your own research before exchanging or investing, and prefer well-known, reputable platforms when trading. Keeping software and wallet applications updated further reduces exposure to known vulnerabilities. Note that BIN currently shows zero 24-hour volume and no active exchange markets, so any quoted price may be based on very few trades and may not be realisable.