Financial NewsBinemon accepts more Cryptocurrency by the acquisition of DRK...

Binemon accepts more Cryptocurrency by the acquisition of DRK Exchange

California, USA, 6 Aug 2021, ZEXPRWIRE, Binemon NFT Game, the name that has been and is still attracting tons of curiosity among the Blockchain game community by its impressive achievements in a concise period. Even more surprising is that they made a bold #GameFi move when acquiring Draken.exchange, a part of the DRK Chain ecosystem, to serve their members exclusively.

According to the analysis data from more than 2 weeks after the launch of Chapter 1 – Prometheus, Binemon has recorded over 300,000 sold Eggs, 24,100 active wallets and over 1.1 million transactions made on DRK Chain. These astounding figures display the massive potential of a new business that is on track to become the second unicorn in the field of “play-to-earn”.

In the 3rd day of Binemon’s AMA event, the team shared an “acquisition agreement between Draken.exchange and Binemon” event with the community. The acquisition decision seemed to be made based on their desire to obtain the technologies that Draken.exchange is providing, such as: Cross-chain, Anonymous Smart Contract, DEX, SWAP V2, Farming, Staking, Lending, etc. to combine with NFT Game and create a whole new concept: #GameFi (Finance Game).

The enormous advantages for Binemon after acquiring DRK Exchange

Draken.exchange is a Decentralized Cryptocurrency Exchange, which means all transactions and user information are stored and processed on the smart contracts – DRK Chain’s smart contracts are more specific. This operating mechanism enables the “decentralization” movement advantages such as no registration and KYC required, nearly zero transaction fee, fast trading/deposit/withdrawal TX, always secured and anonymous.

Over 1 week before the acquisition was announced, trading volume and Total Value Locked (TVL) of Draken.exchange had significantly increased (more than 2.5 million Dollars) to meet the liquidity demand from the “play-to-earn’ game in the coming time. The goal of the Binemon team, through this acquisition of Draken.exchange, an all-in-one DeFi product that assembles all essential features to be seen in the DeFi movement, is to help their players get familiar with the crypto world and hence, optimize their profit. Meanwhile, Binemon will be enabled to diversify its business portfolio in the future.

In Conclusion

Draken.exchange is indeed still not a big name in the industry, but through their functioning products and the upsurge of NFT Game, this combination is sustaining Binemon in its long journey well-prepared.

In no time, Binemon will release their PVP game mode with many exciting features, displayed in brilliant internet meme-inspired 3D graphics and is promised to be one of the prominent NFT Game in the market.

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: Chris Neilson

E-mail: [email protected]

Website: https://binemon.io/

The post Binemon accepts more Cryptocurrency by the acquisition of DRK Exchange appeared first on Zex PR Wire.

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