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MOBOX is a game platform that combines revenue mining and NFT mining to create a free and earn-while-playing ecosystem. MOBOX believes that every metaverse can be connected through NFT, aiming to achieve NFT interoperability across games and platforms.
This project aims to increase the utility of each game's NFT and develop more real-time utility for NFT.
MBOX is MOBOX's native utility token and is used for the following functions:
In-Game Tokens: MBOX tokens facilitate the purchase of in-game activities such as access to additional characters, sweepstakes, and rewards for in-game events , such as player-to-player (PvP) rewards.
Governance: MBOX token holders will be able to submit proposals and vote to influence platform development and direction.
Liquidity Mining: Users can mortgage or mortgage MOMO NFT in various liquidity pools on the platform to obtain mortgage rewards paid in MBOX tokens.
NFT Blind Box: Users can obtain a unique MOMO NFT blind box by mortgaging MBOX tokens.
MOMO NFT Auction: Users can use MBOX tokens to bid for a limited number of 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 NFT.
NFT creator: A set of tools for users to create their own MOMO NFTs using the ERC-721 standard.
MOBOX is a fair startup project, there is no pre-sale, no investors, and no pre-mining. Tokens are distributed based on user activities on the platform, such as yield mining, MOMO NFT staking, and MOBOX games. MBOX is minted on Binance Smart Chain (BSC), of which 20%, 8%, and 21% are used for the team, strategic partners, and marketing respectively. 51% of MBOX tokens are mined by users in all games released on the platform through the GameFi mechanism.
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).