What is MBOX? The full name of MBOX is MOBOX. The issue date is 2021-04-09, the issue price is $1.603, and the maximum supply is 1,000,000,000 MBOX. MOBOX is a gaming platform that creates a free and play-while-earn ecosystem. MOBOX believes that each metaverse can be connected through NFTs and aims to achieve NFT interoperability across games and platforms. The project aims to increase the utility of NFTs for each game and develop more real-time utility for NFTs.
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MOBOX is a fair launch project with no pre-sale, no investors, and no pre-mining. Tokens are distributed based on user activity on the platform, such as earnings, MOMO NFT staking, and MOBOX games. MBOX is minted on Binance Smart Chain (BSC), with 20%, 8%, and 21% going to the team, strategic partners, and marketing, respectively. 51% of MBOX tokens are mined by users through the GameFi mechanism in all games released on the platform.
MBOX is the native utility token of MOBOX and is used for the following functions:
In-game Tokens: MBOX tokens facilitate purchases of in-game activities such as obtaining additional characters, prize draws, and rewards for in-game activities such as player-vs-player (PvP) rewards.
Governance: MBOX token holders will be able to submit proposals and vote to influence the platform development and direction.
Liquidity: Users can stake or pledge MOMO NFTs in various liquidity pools on the platform to receive staking rewards paid in MBOX tokens.
NFT Blind Box: Users can obtain unique MOMO NFT blind boxes by staking MBOX tokens.
MOMO NFT Auction: Users can use MBOX tokens to bid for limited legendary MOMO NFTs.
The platform consists of the following main components:
NFT Marketplace: A decentralized NFT marketplace for trading, renting, and lending MOMO NFTs.
Game creator: A set of APIs that enable game developers to launch and publish their own games on the MBOX platform and use MBOX tokens and MOMO NFTs.
NFT creator: A set of tools for users to create their own MOMO NFTs using the ERC-721 standard.
As of August 19, 2021, the total supply of MBOX is 1,000,000,000, and the current circulating supply is 43,885,469 (approximately 4.39% of the total token supply).
Governance
MBOX token holders have the right to submit proposals and vote on them. Hodlers will be able to manage the success of the platform, such as developed and integrated games, unique features, events, developments, and more.
Staking
Game theory motivates token holders to react in an honest manner to achieve the best returns. Ensuring that good actors are rewarded. By staking MBOX tokens, this establishes a mechanism to ensure that users, developers, artists, and the platform act as a successful entity.
Gamification Rewards
By using gamification techniques, stakeholders will be rewarded for enjoying the MOBOX platform, creating a self-sustaining system for community expansion.
What is MBOX? The full name of MBOX is MOBOX. The issue date is 2021-04-09, the issue price is $1.603, and the maximum supply is 1,000,000,000 MBOX. MOBOX is a gaming platform that creates a free and play-while-earn ecosystem. MOBOX believes that each metaverse can be connected through NFTs and aims to achieve NFT interoperability across games and platforms. The project aims to increase the utility of NFTs for each game and develop more real-time utility for NFTs.
MOBOX is a fair launch project with no pre-sale, no investors, and no pre-mining. Tokens are distributed based on user activity on the platform, such as earnings, MOMO NFT staking, and MOBOX games. MBOX is minted on Binance Smart Chain (BSC), with 20%, 8%, and 21% going to the team, strategic partners, and marketing, respectively. 51% of MBOX tokens are mined by users through the GameFi mechanism in all games released on the platform.
MBOX is the native utility token of MOBOX and is used for the following functions:
In-game Tokens: MBOX tokens facilitate purchases of in-game activities such as obtaining additional characters, prize draws, and rewards for in-game activities such as player-vs-player (PvP) rewards.
Governance: MBOX token holders will be able to submit proposals and vote to influence the platform development and direction.
Liquidity: Users can stake or pledge MOMO NFTs in various liquidity pools on the platform to receive staking rewards paid in MBOX tokens.
NFT Blind Box: Users can obtain unique MOMO NFT blind boxes by staking MBOX tokens.
MOMO NFT Auction: Users can use MBOX tokens to bid for limited legendary MOMO NFTs.
The platform consists of the following main components:
NFT Marketplace: A decentralized NFT marketplace for trading, renting, and lending MOMO NFTs.
Game creator: A set of APIs that enable game developers to launch and publish their own games on the MBOX platform and use MBOX tokens and MOMO NFTs.
NFT creator: A set of tools for users to create their own MOMO NFTs using the ERC-721 standard.
As of August 19, 2021, the total supply of MBOX is 1,000,000,000, and the current circulating supply is 43,885,469 (approximately 4.39% of the total token supply).
Governance
MBOX token holders have the right to submit proposals and vote on them. Hodlers will be able to manage the success of the platform, such as developed and integrated games, unique features, events, developments, and more.
Staking
Game theory motivates token holders to react in an honest manner to achieve the best returns. Ensuring that good actors are rewarded. By staking MBOX tokens, this establishes a mechanism to ensure that users, developers, artists, and the platform act as a successful entity.
Gamification Rewards
By using gamification techniques, stakeholders will be rewarded for enjoying the MOBOX platform, creating a self-sustaining system for community expansion.