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Onyx - Play to Earn MMORPG on Binance Smart Chain

The project relies on feline-themed gaming to build a rewarding ecosystem around DeFi principles.

Introducing Onyx

Onyx is a GameFi project based on Binance Smart Chain (BSC), developed in the Unreal Engine 4. The final product of Onyx will span 7 in-game continents and rely on Non-Fungible Tokens (NFTs) to represent in-game characters and assets.

Onyx seeks to build a complete Decentralized Finance (DeFi) ecosystem that taps into the rising popularity of GameFi and Metaverse technology. The project is powered by the $ONYX token, a community-driven token with manual buybacks and anti-bot measures. Their staking smart contracts have been audited by Dessert Finance to ensure there are no vulnerabilities. 


The Onyx Platform

Onyx offers both a play-to-earn GameFi experience and other DeFi tools for its users. Here’s an overview of the tools that Onyx offers:

Staking: Users can stake on the platform, with APRs currently at a whopping 100%. As more users join these APRs will go down, so early-adopters will be able to profit more. Currently users can only stake $ONYX to earn $ONYX yields. The project is actively seeking partnerships with other tokens to increase their offerings and community.

Game Concept: The game concept is an open-world MMORPG, where players control NFT cats. Players can enter battle arenas, complete open-world missions, and level up their cats and acquire new gear in the form of NFTs. Onyx is currently in talks with a potential partner agency that will help speed up the development of the game. This will enable a Beta release in Q1 of 2022 with maps and arenas also being implemented.

Check out the video on the Onyx Twitter account!

$ONYX Tokenomics

Token Ticker: $ONYX

Network: Binance Smart Chain

Decimals: 18

Total Supply: 1,000,000,000

Allocations

Source

Fee Distributions

Buy (5%):

2% Marketing and Development

1% Liquidity

2% Buyback (manual)

Sell (10%)

5% Marketing and Development

2% Liquidity

3% Buyback (manual)

$ONYX can be bought on PancakeSwap, Hotbit, or Flooz.trade (credit card/Apple Pay/Google Pay). The team will regularly institute a 0% buy tax period, which they refer to as ‘Happy Hour’.


Roadmap

Onyx has a chunk of action items on their roadmap going into 2022. They plan to release the Beta version of their Metaverse game in Q1, with Weapons, Characters, and Armours in development. The NFT release is planned for Q1 as well. 

Onyx is also working on developing an extensive marketing campaign, including their collaboration with us here at BSC News. The team plans to partner with influential figures in the crypto industry and enhance their marketing strategies throughout the early stages of the platform.


Final Thoughts

While the crypto markets have been uneasy as of late, Onyx seeks to circumvent having their community impacted by this with passive income generation. With a focus on developing a graphically-pleasing GameFi experience, the team seeks to draw in a user base for their gameplay - who are then incentivized with play-to-earn mechanics.

If you are a fan of felines and GameFi, Onyx is building a platform you might enjoy. With development taking place in the impressive Unreal Engine 4, the Metaverse experience will be visually pleasing - and could be quite profitable as well.

For more information about Onyx, visit the following links:

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