BinaryX, a key player in the BNB Chain ecosystem, has officially rebranded to Four following a community vote. This change supports the company's push to expand into DeFi, moving beyond its initial GameFi roots.
Strategic Shift: From BinaryX to Four
The rebranding from BinaryX to Four highlights the company's expansion beyond its original GameFi roots. The company now operates in multiple areas of decentralized finance, including project launches and memecoin innovations.
The New $FOUR Token and What It Offers
As part of the rebranding, the native platform token $BNX will transform into $FOUR. Current holders will be able to exchange $BNX for $FOUR tokens at a one-to-one ratio. Key aspects like the maximum token supply and distribution model remain unchanged. All existing $BNX use cases will transition to the new token.
Impact on the BNB Chain Ecosystem
This rebranding positions Four to play an even larger role in the BNB Chain's development. It supports the company's intent to back high-quality projects and continue innovating in the DeFi space.
The rebranding from BinaryX to Four marks a crucial milestone in the platform's evolution. It highlights its growth from a gaming-focused project to a comprehensive DeFi and crypto ecosystem. With community support and a clear strategy, the company is poised to drive further adoption of blockchain technology and DeFi solutions.