What is MOBOX Protocol(MBOX)?MOBOX Protocol combines the best of yield farming DeFi with Gaming NFTs creating a truly free to play and play to earn ecosystem. Utilizing the Binance Smart Chain, MOBOX shows true NFT interoperability by combining cross chain and cross platform functionality for NFTs.
MBOX is the native utility token that is used for:
Processing transactions through the NFT gaming platform.Staking for platform bonuses and incentives.Used for governance votes to determine how resources are allocated.
MOBOX MOMO NFTs:
Minted through the unlocking blind boxes using KEYs (BEP20 Token)Staked in a Smart Contract to mint MBOX tokens.Can be traded on the MOBOX NFT Marketplace.Used across all the games on the MOBOX platform.Tiered according to rarity.
How Many MBOX Coins Are There in Circulation?MOBOX platform had a fair launch (no pre-seed, no pre-sale, no pre-TVL) launched on April 06, 2021 with a total supply of 1 billion tokens. 51% of tokens are minted by the community, 21% for community contributors, 8% for strategic partners, and 20% kept for the team. The MBOX token is released over 5 years, with 400 million being released the first year and diminishing after each subsequent year. 80% of platform fees are used to burn MBOX tokens using a unique smart contract that is triggered to auto buyback and burn.
Who Are the Founders of MOBOX Protocol?The founders of MOBOX have been in the Dapp space since 2018. With a wealth of experience in coding smart contracts, the team has handled over $4 billion across their Dapps.
With an international team, MOBOX has created communities across the globe. Their previous Dapp was successfully the first ever gaming Dapp featured on Binance Launchpad.
Where Can I Buy MBOX tokens?MBOX tokens can be bought on Pancake Swap : https://exchange.pancakeswap.finance/#/swap Or Through their integration of Pancake Swap right on their website: https://mobox.io/#/iframe/momo
New to cryptocurrency? Read CoinMarketCap’s easy guide to buying Bitcoin or any other token.
reference
Posted on 02 Nov 2024, this text provides information on Cryptocurrency related to Miscellaneous in Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.