Benzene: BNS and MFL Crypto Ecosystem

Benzene (BZN) Project Introduction

Friends, today let's talk about a blockchain project called Benzene, abbreviated as BZN. Imagine a world turned into a wasteland, where traditional currencies have lost their value, and you drive a custom battle vehicle across the wilds searching for a rare fuel—Benzene. You use it to buy weapons, upgrade your vehicle, and even battle other players for resources. Sounds cool, right? The Benzene (BZN) project is built around this imaginative game world.

What is Benzene

Benzene (BZN) is the core digital currency in the blockchain game “War Riders.” You can think of it as the “gold coins” or “cash” in the game. “War Riders” is a large-scale multiplayer online (MMO) strategy game set in a post-apocalyptic wasteland, running on the Ethereum blockchain.

In this game, players can own and customize their own non-fungible token (NFT) battle vehicles, which are unique digital assets. Your main task is to drive these vehicles, search for and “mine” BZN tokens throughout the game world, while also guarding against attacks from other players who may try to steal the BZN you’ve worked hard to collect. If you successfully bring BZN back to your garage, you can use it to buy more powerful weapons, expand garage space, upgrade armor, or install nitro boosters on your vehicle. You can even exchange BZN for other virtual currencies.

Simply put, Benzene (BZN) is the economic lifeblood of the “War Riders” virtual world, allowing players to earn real value for their efforts in the game.

Project Vision and Value Proposition

The core vision of the Benzene project is to establish a player-driven economic system within the game world. Imagine playing a game not just as a way to pass time, but as a means to truly own your in-game assets through your efforts and achievements, with those assets potentially having value outside the game. “War Riders” aims to let players become the most powerful and wealthy army in the wasteland.

The main problem it seeks to solve is the lack of true ownership of game assets in traditional games. In “War Riders,” your vehicles, weapons, and other items are NFTs, meaning they are unique and their ownership is recorded on the blockchain—they truly belong to you, not the game company. This also makes in-game item trading more transparent and free.

Compared to similar projects, Benzene (BZN) and “War Riders” are unique in being among the first MMO games to combine cryptocurrency “mining” with vehicle combat. Its token BZN was not sold via an initial coin offering (ICO), but is mainly released through players’ “human mining” activities in the game, aiming for a fairer token distribution.

Technical Features

The Benzene (BZN) token is built on the Ethereum blockchain, following the ERC-20 standard, which is a universal technical specification for issuing fungible tokens on Ethereum. This means BZN can be easily circulated in various wallets and decentralized exchanges within the Ethereum ecosystem.

Unique in-game items like vehicles and weapons use the ERC-721 standard, which is what we commonly refer to as NFTs. Each NFT represents a unique digital asset, ensuring players have exclusive ownership of their in-game items.

The “War Riders” game itself is a client application, meaning you need to download and install it to play, rather than running it directly in a web browser. The game initially supports PC platforms, with plans to expand to mobile devices and game consoles in the future. Game logic interacts with the Ethereum blockchain via smart contracts, ensuring decentralized asset ownership and transactions.

Tokenomics

The Benzene token is abbreviated as BZN. It runs on the Ethereum blockchain and is an ERC-20 standard token. The total supply of BZN is capped at 100 million.

The issuance mechanism for BZN is quite special—it did not have a traditional public sale (ICO), but is mainly generated through players’ “human mining” activities in the game. Just like grinding monsters and collecting resources in a game, your efforts directly translate into BZN token rewards. Early pre-purchase participants also had their vehicles preloaded with a certain amount of BZN.

To maintain the value and scarcity of BZN, the project has designed a burn mechanism. Whenever players buy items in the in-game marketplace, 30% of the BZN used is burned, while the remainder returns to the mining pool to be distributed as rewards to players. This burn mechanism helps reduce the supply of BZN in the market and combats inflation.

The main use of BZN is to purchase various items in the “War Riders” game, such as more powerful weapons, extra garage space, armor upgrades, and nitro boosts. It is the core of the in-game economic cycle.

As of now, the circulating supply of BZN is approximately between 879,000 and 1.1 million (figures may change over time).

Team, Governance, and Funding

The “War Riders” game and Benzene (BZN) token are developed by a US software company called Cartified, Inc. Founded in 2015, the company is backed by venture capital (VC) and has offices in Washington, D.C. and New York City. The CEO is Vlad Kartashov.

Regarding the project’s governance mechanism, the whitepaper and official materials do not detail how BZN holders directly participate in protocol decisions. However, as part of decentralized finance (DeFi) applications, some information indicates that BZN has governance functions, allowing holders to vote on protocol decisions. But in the specific context of “War Riders,” these details are less frequently mentioned.

In terms of funding, the project is supported by venture capital and explicitly states that it did not conduct an initial coin offering (ICO), meaning the team did not raise funds by selling tokens to the public. Tokens are mainly distributed through the in-game “human mining” mechanism.

Roadmap

Here are some key milestones and future plans for the Benzene (BZN) and “War Riders” projects:

• July 2018: Early version v1.1 of the “War Riders” whitepaper released.
• September 2019: “War Riders” whitepaper v1.3 released, and Benzene (BZN) token officially launched.
• Late 2018 to early 2019: Game entered Alpha testing phase.
• Spring 2019: Game entered Beta testing phase, with pre-purchase premium vehicle players given priority access.
• Recent: BZN token upgraded with ApproveAndCall functionality to facilitate direct in-game item purchases.
• Future plans: The project plans to expand the game to mobile devices and game consoles for cross-platform support. Additionally, community discussions have mentioned the possible future addition of a “Crafting” system.

Common Risk Reminders

All blockchain projects carry risks, and Benzene (BZN) is no exception. Before participating, please be aware of the following:

• Economic risk: The price of BZN tokens may fluctuate sharply like other cryptocurrencies, with its value affected by market sentiment, game activity, overall crypto market trends, and other factors. Also, in-game, the BZN you mine could be stolen by other players on the way back to your garage.
• Technical and security risk: Although BZN is an Ethereum-based ERC-20 token, the game’s smart contracts and client programs may have unknown vulnerabilities. Game development may also encounter delays, affecting player experience and project progress.
• Operational risk: The number of active players and community engagement directly affect the value of BZN and the prosperity of the in-game economy. If the game loses popularity, it may impact BZN’s demand and value.
• Compliance risk: Global regulations on cryptocurrencies and blockchain games are still evolving and changing, and future policy adjustments may impact project operations.

Remember, the above information is not investment advice. The cryptocurrency market is highly risky, so be sure to conduct thorough personal research and risk assessment.

Verification Checklist

• Block explorer contract address: You can check the BZN token contract address on the Ethereum block explorer Etherscan:
  0x6524b87960c2d573ae514fd4181777e7842435d4
  .
• GitHub activity: The War Riders team’s Benzene token contract codebase (WarRiders/Benzene) can be found on GitHub. Note that the latest commit was four years ago, which may mean the token contract itself is stable, but the development activity of the game or other components needs further investigation.
• Official website: The official website of “War Riders” is an important channel for the latest project information and game downloads.

Project Summary

Benzene (BZN), as the core token of the post-apocalyptic blockchain game “War Riders,” offers players a unique Play-to-Earn experience. By tokenizing game assets (NFT vehicles) and introducing in-game cryptocurrency (BZN), it gives players real ownership and economic participation in virtual world assets. The project’s “human mining” and burn mechanisms also reflect its thinking on token distribution and value maintenance.

However, as a blockchain game project, its success largely depends on the game’s appeal, the activity of the player community, and the long-term sustainability of the BZN token economic model. For anyone interested in Benzene (BZN) or “War Riders,” it is recommended to thoroughly research its gameplay, community dynamics, and latest development progress, and fully recognize the inherent risks of cryptocurrency investment.

For more details, please conduct your own research.