What’s the Utility of the Binaryx Early Adopter NFT?

Early Adopter NFT is the main trophy of the Web3 Landlord Quest by Binaryx — everyone who completes the program will get this unique token.

As the Quest unfolds, its participants will also share a 300,000 USDT prize pool — as free $50 property tokens on Binaryx Marketplace (for the first 500 participants who complete the quest) and vouchers allowing you to buy property tokens for less.

The Philosophy of Early Adopter NFT

What is the Early Adopter NFT about? It serves as a reward to those who’ve made a lot of effort contributing to Binaryx Platform at the beginning of our journey. To those users who do a lot of activities and help us gain traction, which is vital for a startup like us. This NFT serves as a distinctive mark for our early contributors — and combines all possible ways in which we can reward you for your activity.

Early Adopter NFT: The Perks

What do you get as an Early Adopter NFT owner?

1. Eligibility for the BNRX token airdrop

Binaryx Platform is officially registered as a Decentralized Autonomous Organization. We will be gradually implementing the decentralized governance features in our project, and one of the key components of this model will be the BNRX governance and utility token.

BNRX holders will be able to partake in the decisions made by Binaryx DAO which controls the platform. Moreover, everyone will be able to stake BNRX and receive a share of Binaryx Platform’s fees for the tokenization of properties, rental income, and deals on the secondary market. Also, BNRX owners will get various privileges when buying tokenized real estate, such as first places in queues for tokenized real estate and better spots on the secondary market.

Early Adopter NFT is your way to become eligible for the BNRX airdrop. However, the drop will also be shared with other contributors to Binaryx Platform, including primarily those who invest in tokenized real estate and buy property tokens on Binaryx Marketplace. If you join our sales and invest in tokenized properties, you will get a bigger share of the airdrop.

2. USDT bonuses for future sales

Investing in tokenized real estate has many perks — otherwise, we just wouldn’t be building Binaryx Platform. And we want to make it easier for you to invest — to get a taste of fractional property ownership and a high stable passive income that it brings. USDT vouchers exclusive for Binaryx Marketplace serve this role.

We already distributed the vouchers among those who completed the first Binaryx community quest and received OG NFT. And we will do this for Early Adopters to reward you with accessible real estate investment.

3. Early access to property sales & new features

We have a lot on our development plan:

• Secondary Market will open the possibility of reselling tokenized assets.
• Lending/Borrowing Protocol will allow you to take a loan using real estate tokens as collateral.
• Real-estate-backed stablecoin will introduce a new class of assets backed by a stable asset in the physical world.
• Fiat on-ramp will allow you to invest in tokenized real estate on the blockchain using your credit card.

…and much more, including property sales in new countries, including the UAE. All Early Adopter NFT owners will be the first to test and enjoy these unique features.

4. Priority right to sell tokens on secondary market

We are now building a secondary market where investors will be able to easily trade real estate tokens with each other. As an owner of the Early Adopter NFT, you will be able to try the secondary market first — and sell some of your tokens or buy more from other users.

How do I get my Early Adopter NFT?

There are two possible methods.

Method 1 — No need to complete the Web3 Landlord Quest

Simply participate in property sales on Binaryx Marketplace — the current one starting on May 24 or the next one scheduled for June. Buy at least 2 property tokens and you will get all the Quest’s rewards — one more $50 property token for free (for the first 500 finalists) and the Early Adopter NFT (for everyone!). Find out more here.

Method 2 — Complete the Web3 Landlord Quest

Complete 5 quests on web3 platforms and get corresponding 5 roles on Discord. Then, claim your Early Adopter role — and you will get the NFT. Find the full guide to the Quest here.