What Is BNB Shinobi (CHAKRA)?

BNB Shinobi is an ecosystem built on the Binance Smart Chain that includes a blockchain arcade and a blockchain metaverse. It is part of the next evolution of yield-generating contracts on the BSC ecosystem; with BNB Shinobi you get rewarded in whatever BEP20 (like XRP, ADA, and ETH) reward token you choose (default BNB). The contract employs a static rewards system for both buying and selling.

BSC Shinobi Worlds, a Metaverse gaming world, will use a gaming ecosystem similar to Metaverse platforms like Decentraland and many other popular virtual world games. ON the virtual world, land ownership is established at the consensus layer, where land content is referenced through a hash of the file’s content, which can then be downloaded from BitTorrent or IPFS. 

The downloaded file contains a description of objects, textures, sounds, and other elements needed to render the scene. It also contains the URL of a rendezvous server to coordinate connections between P2P users that are exploring the tile simultaneously.

Through BSC Shinobi Worlds, the P2P server will decide what world smart contract (ERC721) to load based on the player’s location and use that to update the client. Therein, default players will be sent and loaded into World 1 Land smart contracts. By using this design theoretically BSC Shinobi Worlds can infinitely expand and also create new worlds and land parcels as the demand of the game require. 

CHAKRA is the native token that fuels the BNB Shinobi ecosystem and holding CHAKRA tokens allow the holders to receive up to 7% rewards in whatever token they choose. Although BNB is the standard reward token paid out, the users can still use their CHAKRA tokens to change to whatever reward token (bep20) they want to be rewarded with. The native token is also used as the native token for the BNB Shinobi’s pay-to-play blockchain arcade and metaverse. 

BNB Shinobi uses a unique system that auto-claims for every single holder the amount due called the TONKI PROTOCOL (a name based on the ninja term for a ninja’s arsenal). For holders, the Tonki protocol works when they buy tokens and hold any amount of the CHAKRA token. Every 60 minutes they will automatically receive whatever reward token they choose in their wallet, which is usually defaulted to BNB. 

This ecosystem is fully automated and does not add minimal gas fees proportional to the value transferred. The number of holders processed through each transaction is dynamic and based on transaction size. Also, the holders will receive dividends from the queue based on their position in the array. 

To earn this reward hourly, the holders are not required to perform any single action. The CHAKRA tokens amount is constant and won’t differ from what should be rewarded. However, during low periods, the volume rewards may not be sent out every hour. In cases like this, the user is not expected to worry as the reward is compounded and is then sent when the smart contract is ready.

BNB Shinobi Worlds uses NFTs (ERC721) on the Binance Smart Chain to maintain a ledger of ownership for land parcels in-game. Similar to other virtual worlds, these digital assets will be called LAND, and each LAND has unique coordinates, an owner, and a reference to the content description file that encodes what the landowner wants to serve there. 

 

Who Are the Founders of BNB Shinobi (CHAKRA)?

There is currently no available information about the designers, developers, or founders of BNB Shinobi. 

 

What is BNB Shinobi (CHAKRA) used for?

Reward

The token is based on a Dividend-Paying Token Standard, which means all rewards of the contract gains will be split equally proportionally to the token holders.

Update their smart contract

BNB Shinobi’s world clients will connect to the Binance Smart Network to fetch updates to the state of the LAND smart contract. 

Store of value

The token can retain purchasing power without deteriorating in the future, making it one of the best assets to own.

Medium of Exchange

BNB Shinobi community can be used as exchange for a corresponding amount of digital assets, game assets, virtual lands, or physical products.

Buying

BNB Shinobi allows their token holders to use CHAKRA to buy in-app games and addons that help improve their gaming experience. 

Governance

Community members get to hold rights in decision-making. Through the CHAKRA, the holders can vote in the recent development of their choice and change the protocol, ecosystem, and the game’s metaverse. 

 

What Makes BNB Shinobi (CHAKRA) Unique?

The BSC Shinobi Worlds SDK allows landowners to transform their plots of land into whatever they like as it includes initial assets allowing the owner to transform their land. This simultaneously adds new assets as the game grows and grows. 

There are premium assets that users will purchase using CHAKRA Tokens in-game as there are plans to add a content creator marketplace where creators will create assets for land parcels and sell them in the BSC Shinobi World’s market for CHAKRA.  

BNB Shinobi plans to release other popular arcade games monthly to keep users engaged and active. Games we are looking to add to the arcade include flappy bird, doodle jump, temple runner, and frogger. 

 

How Many BNB Shinobi (CHAKRA) Coins Are There in Circulation?

BNB Shinobi has a max supply of 100,000,000 CHAKRA.

 

How Is the BNB Shinobi Network Secured?

The BNB Shinobi token is a BSC asset operated on the Binance Smart Chain network. Therefore, the project is secured by Ledger Nano S which is independently certified. it also uses the security of Ledger Nano X that protects digital assets, and other multiple forms of technologies that heighten the ecosystem’s security.

 

How do I buy BNB Shinobi (CHAKRA)?

Everything is becoming digital and going blockchain as blockchain arcade games have massive potential in blockchain but have been overshadowed in the blockchain industry by the blockchain casino industry. Hence, BNB Shinobi aims to become the biggest pay-to-play BSC arcade, with CHAKRA being used as the native token used to pay with. 

CHAKRA tokens can be easily purchased by the following steps. 

* Open an account with the crypto trading platform.

* Transfer the specific amount of your fiat currency to your account.

* Wait for your deposit to be confirmed and Buy CHAKRA through your trading account.

 

Which Cryptocurrency Wallet Supports BNB Shinobi (CHAKRA)?

The PTPWallet platform supports many cryptocurrencies simultaneously, such as BNB Shinobi (CHAKRA). Because of its vast use case, it has grown to become one of the most used platforms, as it serves as an exchange and an engine to discover other cryptocurrencies. Users can easily use PTPWallet as their CHAKRA wallet because it offers a simple CHAKRA interactive interface, making it easy for people to navigate its system.

Facebook
Twitter
LinkedIn
WhatsApp
Telegram
Reddit

More to explore

SafePal

What is SafePal (SFP)?

SafePal is a cryptocurrency wallet that helps people/users safely keep and grow their digital assets. It is a powerful asset management platform

Groove

What is Grove (GVR)?

Grove is a decentralized, safe, and secure green token created for the future of the earth. Grove Token describes itself as a

biswap

What is Biswap (BSW)?

Biswap is the first DEX platform on the market with a Multi-type Referral Program and the lowest platform transaction fees. They are

Get on the VIP list!

Get company and PTPWallet updates and news sent straight to your inbox. No spam. Unsubscribe at any time. 


Get on the VIP list!

Get company and PTPWallet updates and news sent straight to your inbox. No spam. Unsubscribe at any time.