What Is Mobox(MBOX)？
MOBOX is a community-driven platform empowering users by rewarding them for their engagement and enjoyment. The MOBOX Protocol combines the best of yield farming DeFi with Gaming NFTs creating GameFi: The new revolution to Free to Play, Play to Earn gaming. MBOX is the native utility token.
MOBOX has a revolutionary system that combines the best of DeFi Yield Farming and Gaming NFTs to create what MOBOX calls GameFi, a truly Free to Play and Play to Earn ecosystem on the BSC ecosystem. MOBOX aims to lower the barrier of entry for traditional gamers and non crypto savvy users. This is also one of the reasons why the MOBOX team created the MOBOX APP from the ground up keeping in mind the user at hand.
What is MBOX used for？
lIn-game currency: The MBOX token facilitates in-game purchases such as acquiring additional characters, lottery wheel, and incentives for in-game activity such as rewards for Player-versus-Player (PvP) battles.
lGovernance: MBOX token holders will be able to submit and vote on proposals to influence the platform's development and direction.
lLiquidity mining: Users can stake in various liquidity pools on the platform or stake MOMO NFTs to earn staking rewards paid in MBOX tokens.
lNFT mystery boxes: Users can stake MBOX tokens (veMBOX) for a chance to obtain unique MOMO NFT Mystery Boxes.
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 To Buy MBOX?
MBOX token is listed and supported by the world’s leading exchanges such as Binance, Coinbase, FTX and Bitfinex.
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