Singapore, Singapore, 2 Aug 2022, Chainwire
Binary XA leading P2E game developer has released an official white paper. Rh! Knoxa collection of 10,000 NFTs that allow owners to use their assets as avatars in various GameFi and DeFi applications on the BNB chain.
The Rh!noX NFT series is inspired by Soulbound items from the World of Warcraft game and aims to be the first-ever Soulbound token on the BNB chain.In addition, the collection belongs to the owner NFT Their interaction develops them into unique assets. Best of all, it offers a number of perks such as access to beta testing of games, NFT whitelists, projects, new tokens on the BNB chain, and much more. The team spent several months refining the project’s vision and roadmap. Now available in a new and enhanced white paper. For the first time, readers can explore the full capabilities of Web 3.0 and understand the underlying mechanisms, possibilities and capabilities of Rh!noX. Here’s a quick summary.
Rh!noX Soulbound token analysis system
This feature calculates a wallet’s credit score, depending on the wallet’s holding amount and transaction history. It works like a credit card company’s standard credit calculation system. Simply put, creditworthiness determines the benefits available to users.
This system classifies Rh!noX owners into different tiers with distinct advantages. For example, top-tier members enjoy more benefits than lower-tier members, but the number and quality of benefits decrease with each tier.
A good credit score gives NFT holders many benefits, including:
● VIP treatment
●Limited airdrop
● Airdrops from various projects
Closed Beta Entry/Early Access to DeFi Projects/Whitelist Slots
● Fee discount
● Unsecured loan ($RUSD)
The latter are loans that do not require collateral. Also, the maximum amount a user can request depends on their credit rating. The initial funding for the unsecured loan comes from Rh!noX Treasury and represents the proceeds from the sale of Rh!noX NFTs. Finally, the loan amount affects the interest rate and is levied in $RUSD.
Transactions of Rh!noX NFTs do not affect the credit ratings of their respective owners. Additionally, accumulated credit scores are connected to the Rh!noX NFT and may be transferred to another user.
Multidimensional behavior analysis model
The system has a built-in aggregation analysis model that explores the characteristics, personality, and trustworthiness of NFT owners. To reach this conclusion, the system considers wallet addresses and interactions such as:
●Transaction history
On-chain behavior
● Project settings
●Asset Portfolio
● Responsibilities
● Participation campaigns and events
● History of Airdrop
Eventually, this list will expand to include more elements without sacrificing the anonymity of web3.0 technology. Here is an example of using this analytical model:
Rh! Drop
Rh!Drop allows developers to target on-chain users according to asset value, interests, trading style, credit rating, etc. This feature will be an on-chain airdrop targeting service and a key tool for on-chain project developers. For example, it can be used to deliver airdrops to target receivers that match certain criteria. To better understand the idea, think of Google Ads. Google Ads serves customized ads to selected users based on their past behavior on the Internet.
The right ads are served to the right target audience. Rh!noX works similarly. Simply put, this benefits all users of Web3, not just project owners. Once project owners and developers have identified the right audience for their project, they can easily increase awareness of their project and grow their community. At the same time, ordinary users can enjoy airdrops from various projects and early information without having to perform additional tasks, as long as their overall credibility and “personal profile” are good. .
Sociability of Rh!noX NFTs
The project also comes with various social features such as:
social identity
A Rh!noX official will check your background. Also, depending on the data Soulbound Token collects, users can identify the trustworthiness of the other party. In this way, her future Web3.0 users will be able to access the profile of the wallet address and identify important details such as capital level, project preferences, active areas and trading style. This tool can detect fake identities, false claims about assets, and more. That level of transparency makes it accessible to everyone. For example, if a user has more than her $10,000 in BTC in her wallet, she receives the title of “BTC Whale”. This title tells the developer everything they need to know about this individual.
Rh!net
This feature works like a web3.0 networking platform, allowing users to check someone’s profile, social status, social networks, and send instant messages. Its main goal is to enable users to connect and build communities based on transparency, trust and high credibility. -Quality identity.
About Rh!noX
Team Rh!noX has extensive experience in the blockchain industry, traditional game development, and game publishing (More about BinaryX). The core team members are from Silicon Valley and participated in the development of the early BNB chain and Polkadot chain, making great contributions to the development of the industry.
One thing worth mentioning is that the team worked in the financial services industry before entering the blockchain industry. The financial services industry provides loans, mortgages, and wealth management services. Backed by this unique experience, Team Rh!noX has a thorough understanding of all financial functions of NFTs and lays a good foundation for the real-life application of Rh!noX NFTs. Team Rh!noX is a firm believer that there is a vast undiscovered space that NFTs can be, and that NFTs need more than demonstrating artistic value and demonstrating wealth.
That was when the team couldn’t stop asking themselves. What if an NFT could act as a certificate? What if an NFT could represent one’s trustworthiness? What if an NFT could act like a Digital Mastercard? What if? Solving these problems and bringing these ideas together will open a wider door to blockchain, making the ecosystem more than just money, trustworthy and fun to stay in. Despite the bear market, the team believes it is right. Time to develop and scale the project to benefit users. To this end, they added new members and planned future collaborations with other projects to make the Rh!noX ecosystem more viable. As a result, Rh!noX stands out among the growing number of NFT projects that often lack practicality and long-term sustainability. Rh!noX’s utility is the only way to maximize the capabilities of Soulbound NFT, so in the future he aims to cover the entire Web3.0, not just the BNB chain.
To date, Rh!noX has achieved the following after its first auction sale.
Rh!nox: Sold out at Dutch auction
- 10000 sold out in 4 hours on 9BNX
Rh!nox: The Most Traded NFT Collection on Binance NFT Marketplace
- Listed in June and achieved $1.5 million in trading volume in the last 7 days
For more information on Rh!noX, please visit:
website | | twitter | | Moderate | | discord
contact address
- Chun B
- marketing@binaryx.pro
