What is MOBOX Protocol (MBOX) Coin
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.
- MOBOX is a gaming platform that combines yield farming and farming NFTs to create a free-to-play and play-to-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 each gaming title’s NFTs, and develop more real-time utility for NFTs.
- MBOX is MOBOX’s native utility token and is used in the following functions:
- In-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.
- Governance: MBOX token holders will be able to 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 for a chance to obtain unique MOMO NFT Mystery Boxes.
- MOMO NFT auction: Users can bid for limited Legendary MOMO NFTs using MBOX tokens.
- The platform consists of the following major components working in conjunction:
- NFT marketplace: Decentralized NFT marketplace to trade, rent and lend MOMO NFTs.
- Game creator: A set of APIs to enable game developers to launch and publish their games on the MBOX platform, and using MBOX tokens and MOMO NFTs.
- NFT creator: A set of tools for users to create their own MOMO NFTs using the ERC721 standard.
- MBOX is minted on the Binance Smart Chain (BSC) with 20%, 8%, 21% going to team, strategic partnerships, and marketing respectively. 51% of MBOX tokens are mined by users through GameFi mechanics throughout all the games to be released on the platform.
- MOBOX is a fair launch project with no pre-sale, no investors, and no pre-mine. Tokens are distributed based on the user’s platform activity, across various features such as yield farming, MOMO NFT staking, and MOBOX games.
- As at August 19th, 2021, the maximum token supply of MBOX is 1,000,000,000 and the current circulating supply is 43,885,469 (~4.39% of the maximum token supply).
How To Buy MOBOX Protocol (MBOX) Coin
1.Step: Everyone who is planning to invest in or benefit from the advantages of cryptocurrencies wonders the answer to Where to bu Mbox coin question. First, you need an online wallet to buy cryptocurrencies. You need to sign up to Binance exchange from here, which is preferred globally to buy coins and you can buy coins with fiat currencies. You can quickly access many assets and trade types such as altcoins, future markets, and margin by creating a Binance account.
2.Step: Complete your registration by typing an email to the email section or typing your phone number on the section available on the mobile tab. Click/tap on the “Buy Crypto with Your Credit Card” option after the registration and verify your identity.
3.Step: Continue the process by typing the amount you would like to invest and your preferred cryptocurrency. Keep in mind that for security reasons, your credit card/debit cardholder information must match with the name available on your account. If you would like to buy cryptocurrencies with a wire transfer, you need to follow the Buy Crypto > Third-Party Payment options to pick your preferred fiat currency to buy cryptocurrencies.
4.Step: If the cryptocurrency you are planning to buy is not available on the list, buy USDT “You can always redeem 1 USDT Coin for US $1.00”. You can buy any coin you want with USDT by following Buy-Sell > Classic steps. We have provided the answer to How to buy Mobox Protocol coin, now you can view the cryptocurrencies you bought by clicking on the wallet summary available on your Binance account. You can sell your assets when their value increases, or you can withdraw them to your bank account in desired fiat currency.
How Much is a MOBOX Protocol (MBOX) Coin
MOBOX Protocol (MBOX) coin prices are updated instantly in USD, Euro, Sterling currencies in the following table.
MOBOX Protocol (MBOX) Coin Review
You can learn more about MOBOX Protocol (MBOX) coin reviews and information on cryptocurrencies by visiting their official page available in the following.
Website https://mobox.io/ Medium https://mbox.medium.com/ Documentation https://faqen.mobox.io/ Telegram https://t.me/mobox_io Discord https://discord.gg/gW2eAU4WZy