BinaryX's token name change: From BNX to FOUR, and then to FORM, the deep meaning behind strategic adjustments
BinaryX recently changed the token symbol from $FOUR to $FORM, which has attracted widespread attention from the industry. This is not the first time BinaryX has changed its name, and its token symbol has undergone a transition from BNX to FOUR. This article will explore in-depth the strategic intentions behind this series of name change.
1. Token name change process and strategic considerations
BinaryX originally launched the $BNX token based on the BNB chain in 2021 to support its Play-to-Earn (P2E) gaming ecosystem. In early 2024, in order to optimize the economic model, BinaryX divided $BNX and gradually expanded to the GameFi and DeFi fields. Affected by the BNB chain Meme boom triggered by TST in February, $BNX was renamed $FOUR, intending to increase its market recognition in the Meme and GameFi fields.
In February 2025, $FOUR was renamed to $FORM again. The official explanation said that the move was to solve the problem that the $FOUR symbol is widely used in the community and even causes confusion. $FOUR has surpassed the scope of a single token and has become a cultural asset shared by the Web3 community. Renamed the token symbol to $FORM, BinaryX aims to "return" the $FOUR symbol to the community, giving it a wider range of application scenarios. $FORM is not only a token symbol, but also a symbol of continuous innovation and infinite possibilities. BinaryX said that the development direction of the Four ecosystem remains unchanged and will still build a powerful DeFi, GameFi and Meme ecosystem around $FORM.
2. BinaryX's ecological layout: the combination of GameFi and DAO
BinaryX initially focused on decentralized derivatives trading, but later transformed into a GameFi platform, launching P2E games such as "CyberDragon", "CyberArena" and "Ai Hero". Its tokens (BNX, FOUR, FORM) play multiple roles in the ecosystem: in-game transactions, staking, governance and IGO participation. BinaryX implements community governance through DAO, and token holders can participate in important decisions. The combination of GameFi and DAO has given it a foothold in the blockchain gaming field, but frequent token name changes have also raised questions about its strategic stability.
3. The rise of BNB ecology and FourMeme
BinaryX's success is inseparable from the support of the BNB chain. Driven by Binance and CZ, BNB chains performed strongly, with transaction volume and fee revenues significantly increasing. Binance's support for BSC network tokens is becoming increasingly obvious, especially for Meme coins. The rise of the Four.meme platform incubated by BinaryX has become a highlight of Meme tokens in the BSC ecosystem and has been publicly supported by CZ.
FourMeme data highlights:
IV. The future trend of $FOUR
$FOUR is renamed $FORM. BinaryX's move to "return" $FOUR to the community has laid the foundation for its future development and also reflects the strategic intention of deep integration of BinaryX and BNB ecosystems. As a cultural symbol shared by the Web3 community, $FOUR is expected to be further enhanced with the support of the BNB ecosystem.
Summary: The frequent name change of BinaryX is not only a strategic adjustment to adapt to market changes, but also an attempt to seek a more attractive market positioning. Its deep integration with the BNB ecosystem and its support for the Four.meme platform will have a profound impact on its future development. The future trend of $FORM will depend on BinaryX's ecological construction capabilities and the market's continued attention to Meme coins.
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