Binemon PriceBINInactive

What is Binemon (BIN)?

Binemon (BIN) is a virtual pet non-fungible token (NFT) game built on Binance Smart Chain, now known as 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.

Binemon launched on Aug. 23, 2021, and was listed on CoinMarketCap on Aug. 26, 2021. Development reportedly began around March 2020, with the token launching in August 2021; some profiles date the project's launch to July 2021. The roadmap was set to complete the infrastructure within the next 3 years. The game reached over 140,000 players as of September 2021 and was in chapter one, titled Prometheus, at that time.

The BIN token is the native utility asset of the ecosystem. According to CoinMarketCap, BIN has a maximum supply of 1,000,000,000 and a total supply of 934,870,751. Some data providers list a total and maximum supply of 999,000,000. The circulating supply is roughly 416.78M BIN. According to distribution data from August 2021, 40% of the total supply was distributed in the IDO and 40% formed part of the liquidity pool locked for one year. The project is tagged under Gaming, Collectibles & NFTs, and Play To Earn.

Key Specifications & Tokenomics

• Name: Binemon
• Symbol / Ticker: BIN
• Blockchain / Platform: Binance Smart Chain (BSC); BNB Smart Chain (BEP20)
• Contract Address (BEP-20): 0xe56842ed550ff2794f010738554db45e60730371
• Launch Date: Aug. 23, 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
• Smart Contract Audit: SolidProof — report available at github.com/solidproof/smart-contract-audits
• Explorer: bscscan.com
• Official Website: https://binemon.io/
• Whitepaper: https://docs.binemon.io/
• CoinMarketCap ID (UCID): 11412

Who created Binemon?

Public profiles list Frank Desifone as CEO and Oksana Belousova as Chief Marketing Officer; CB Insights names Nicolas Veiga Palacios and Daniel Uriona as founders. According to CB Insights, the founders are Nicolas Veiga Palacios and Daniel Uriona, who reportedly launched the project in July 2021; other profiles list Frank Desifone as CEO and Oksana Belousova as Chief Marketing Officer. Public records on the team are inconsistent.

The project runs Filipino, Chinese, Indian and Vietnamese Telegram groups, which suggests a substantial Asian player base; the team's location has not been publicly confirmed.

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 customization 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 individualized, 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 over 140,000 players reported as of September 2021 and 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 traded on supported markets. BIN has traded on PancakeSwap; Gate listed BIN_USDT and BIN_ETH spot pairs before delisting them.

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", and Telegram groups for Filipino, Chinese, Indian and Vietnamese players, with the community hashtag #BinArmy. Official channels include t.me/binemon, t.me/binemonchat, twitter.com/BinemonApple, facebook.com/BinemonNFT and linkedin.com/company/binemonofficial. The game has grown to over 140,000 players as of September 2021, reflecting an active user base during its early chapters.

According to CoinGecko, BIN has stopped trading on all exchanges it lists, and Gate has delisted BIN_USDT and BIN_ETH pairs after determining the token no longer meets its trading criteria.

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 distributed as AMB tokens for winning PvP battles and seasonal rankings, funded by the in-game economy.

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 and avoid sharing them with anyone; only enter them in a wallet you trust and have verified. Be cautious of unsolicited links or token approvals. Keeping software and wallet applications updated further reduces exposure to known vulnerabilities.