What is Four (FORM)?

By CMC AI
21 August 2025 08:49PM (UTC+0)

TLDR
Four (FORM) is a blockchain gaming ecosystem that evolved from BinaryX, offering play-to-earn mechanics, NFT integration, and an Initial Game Offering (IGO) platform for Web3 projects.

  1. Rebranded GameFi Platform – Transitioned from BinaryX to expand beyond single games into a multi-product ecosystem
  2. Dual-Token Economy – FORM serves as the native token for transactions, governance, and rewards across gaming and DeFi services
  3. NFT-Driven Gaming – Uses hero NFTs as playable assets and competition entry passes with built-in scarcity mechanics

Deep Dive

1. Evolution from BinaryX

Four originated as BinaryX, a BNB Chain-based GameFi project behind titles like CyberChess and Ai Hero. The March 2025 rebranding (INDODAX) introduced FORM tokens at a 1:1 swap ratio with BNX, expanding into meme coins and an IGO launchpad. This transformed it from a game studio to an ecosystem builder for Web3 gaming.

2. Core Gaming Mechanics

The platform uses hero NFTs that players can:
- Mint via gameplay achievements or BNX/FORM spending
- Deploy in competitive modes for token rewards
- Destroy after single-use in tournaments (creating recurring demand)
This model blends free-to-play accessibility with blockchain-based ownership, as seen in Ai Hero’s tournament system (Medium).

3. Ecosystem Expansion

Four now operates three verticals:
1. Game Studio – Develops titles like Ai Hero with integrated DeFi features
2. IGO Launchpad – Onboards third-party games using FORM for fundraising
3. Meme Token Hub – Hosts community-driven tokens, leveraging BNB Chain’s low fees

Conclusion

Four represents a maturing GameFi model that bridges casual gaming, NFT economies, and decentralized finance. How will its dual focus on first-party games and third-party developer support impact long-term token utility as the ecosystem scales?

CMC AI can make mistakes. Not financial advice.
FORM
FourFORM
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$3.57

0.96% (1d)