Generalize
Information
Information
What is MOBOX?
MOBOX is a gaming platform and metaverse creator that combines automated optimized DeFi yield farming and gaming NFTs to create a GameFi metaverse called the MOMOverse. It is a cross-platform metaverse that can be enjoyed on all devices, no matter where you are. The MOMOverse rewards players, developers, and collectors for their engagement and enjoyment.
What is MOBOX (MBOX)?
MBOX is the native utility token used for various purposes:
- In-game currency: The MBOX token facilitates in-game purchases, such as acquiring additional characters, lottery wheels, and incentives for in-game activities like rewards for Player-versus-Player (PvP) battles.
- Governance: MBOX token holders can submit and vote on proposals to influence the platform's development and direction.
- Liquidity mining: Users can stake in various liquidity pools on the platform or stake MOMO NFTs to earn staking rewards paid in MBOX tokens.
- NFT mystery boxes: Users can stake MBOX tokens (veMBOX) for a chance to obtain unique MOMO NFT Mystery Boxes.
MOBOX MOMO NFTs:
- Minted through unlocking blind boxes (Mystery Boxes)
- 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 in Circulation?
The MOBOX platform had a fair launch 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% are kept for the team. The MBOX token is released over 5 years, with 400 million being released in 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 triggers 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.
MOBOX has created communities across the globe with an international team. 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 Binance: https://www.binance.com/en/price/mobox
MBOX tokens can also be bought on Pancake Swap: https://exchange.pancakeswap.finance/#/swap
Alternatively, you can buy MBOX tokens directly through their integration of Pancake Swap on their website: https://mobox.io/#/iframe/momo
If you are new to cryptocurrency, you can read BYDFi's easy guide to buying Bitcoin or any other token.
Answers
What is MOBOX (MBOX)?
MBOX is the native utility token used for:
How Many MBOX Coins Are There in Circulation?
MOBOX platform had a fair launch (no pre-seed, no pre-sale, no pre-TVL) 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 triggers 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 Binance: https://www.binance.com/en/price/moboxOrMBOX tokens can be bought on Pancake Swap: https://exchange.pancakeswap.finance/#/swapOrThrough their integration of Pancake Swap right on their website: https://mobox.io/#/iframe/momo
New to cryptocurrency? Read BYDFis easy guide to buying Bitcoin or any other token.
Coin ranking
Popular Q&A
- What are the potential future developments and growth opportunities for mbox coin? How is mbox coin positioned in the market and what factors contribute to its potential success?2021-12-24
- Can you explain the differences between mbox exchange and traditional cryptocurrency exchanges in detail?2021-12-24
- I'm curious about the current price of mbox coin. Can you tell me what it is and how it has been performing recently? I'm considering investing in it and want to make an informed decision.2021-12-24
- I'm interested in buying mbox coin. Can you please provide me with the steps to purchase mbox coin?2021-12-24
- I'm looking for exchanges that support mbox coin trading. Can anyone provide a list of exchanges where I can trade mbox coins?2021-12-24
- Can you provide an update on the current value of mbox token in the cryptocurrency market? I'm interested in knowing its current price and how it has been performing recently.2021-12-24