BinaryX Renames to FORM: Token Mapping and Development of GameFi Project

2025-03-21, 10:15

Introduction

FORM, the GameFi project renamed from BinaryX, is setting off a new wave of blockchain governance. With the launch of the Four.meme platform and the completion of token mapping, FORM not only continues the advantages of BinaryX, but also opens up a new direction of development. This article will explore the transformation path of FORM in depth, revealing how it stands out in the GameFi field and brings unprecedented innovation and opportunities to the blockchain ecosystem.

Trade FORM now:
https://www.gate.io/trade/FORM_USDT

BinaryX changes name to FORM: A major transformation of the GameFi project

In March 2025, the well-known GameFi project BinaryX announced that it would officially change its name to FORM, a decision that marked a major transformation of the project. BinaryX conducted a community vote from September 21 to 23 last year, and received broad support from BNX token holders of up to 99.98%. This name change is not just a simple brand adjustment, but also reflects the project’s careful consideration of the future development direction.

It is worth noting that the project initially planned to change its name to FOUR, but considering that the name’s broadness may cause trouble, it finally decided to adopt FORM as the new name. This decision-making process fully reflects the project’s emphasis on community opinions and in-depth consideration of the long-term development of the project.

It is worth noting that Gate.io has opened trading of the new currency FORM on March 19.

FORM Token Utility: Continue all BNX usage scenarios

FORM token is the governance token of the Four project, mapped from the original token BNX at a 1:1 ratio. As mentioned above, the project initially planned to name the new token “Four”, but considering that the widespread name “Four” may cause confusion, it was finally determined to be “FORM” to enhance the uniqueness of the token on BNB Chain. The project clearly stated that the maximum supply and distribution plan of FORM tokens will be consistent with BNX to ensure the stability of the token economic model.

FORM代币继承了BNX的所有使用场景,并在Four生态系统中扩展了更多应用,其主要功能包括:

FORM token inherits all BNX usage scenarios and expands more applications in the Four ecosystem. Its main functions include:

  • Governance: FORM holders can participate in project decision-making and vote on development directions and policies.

  • In-game currency: In the games of the Four ecosystem, it is used to purchase assets, characters or props.

  • IGO participation: Holders of FORM can participate in IGO activities and obtain tokens or NFT airdrops of new projects.

  • Staking rewards: Users can participate in activities such as LaunchPool by staking FORM to obtain additional benefits.

The token swap will be completed through centralized exchanges and on-chain swap channels to ensure that users can smoothly complete the conversion from BNX to FORM. Recently, the price of BNX has risen significantly, reflecting the market’s positive response to the name change and token swap plan.

FORM Future Roadmap: Focus on Four.meme Platform

The future development direction of the Four project is based on the project’s statement and the results of the community vote. It plans to continue to work hard in the following areas:

  • GameFi business: Four will continue to develop and support the GameFi project, optimize existing games and launch new products, increase user engagement and revenue opportunities.

  • IGO issuance platform: Provide support to game developers through the IGO platform to help more Web3 game projects go online.

  • Four.meme platform: The platform was incubated on July 3, 2024. It is an innovative platform focusing on the fair issuance of meme tokens, aiming to provide transparent issuance mechanisms and community support for meme projects.

  • Token swap implementation: The project party will complete the conversion from BNX to FORM through centralized exchanges and on-chain mapping channels to ensure a smooth process.

FORM tokens will expand application scenarios in new businesses such as Four.meme, providing users with more opportunities to participate and profit. In addition, Four plans to further expand the ecosystem by collaborating with more partners, attracting users and developers to join, and promoting the development of Web3 games and blockchain technology.

Conclusion

From BinaryX to Four (FORM), this name change is not only a brand upgrade, but also a milestone in the integration of GameFi and governance tokens. Through token mapping, ecological expansion and governance innovation, FORM is building a new Web3 paradigm of “game-finance-community”. Whether it can break through the red ocean of GameFi depends on the efficiency of technology implementation and the continuous deepening of community consensus.

Risk warning: Market fluctuations may affect the value of FORM tokens, and there is uncertainty about the acceptance of new application areas.


Author: Charle A., Gate.io researcher
*This article only represents the author’s views and does not constitute any trading advice. Investment is risky and decisions should be made with caution.
*The content of this article is original and the copyright belongs to Gate.io. If you need to reprint it, please indicate the author and source, otherwise legal responsibility will be pursued.
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