Project Name: MOBOX
Project Ticker: MBOX
Website: mobox.io
Twitter Account: twitter.com/MOBOX_Official
Whitepaper: faqen.mobox.io
What Is MOBOX (MBOX)?
MOBOX is a GameFi platform that rewards users for participation and interactions. MOBOX has created a Play-To-Earn ecosystem by combining gaming NFTs and Yield Farming. MOBOX’s GameFi infrastructure is built on the ever-growing decentralized finance (DeFi) ecosystem, and MOBOX combines the DeFi ecosystem and gaming via NFTs.
What Does MOBOX Offer?
Using the BSC blockchain, MOBOX demonstrates true NFT operability by combining cross-chain and cross-platform functionality for NFTs. MBOX is the native utility token of the MOBOX protocol. MBOX is used for:
- Executing transfers on the NFT gaming platform,
- Staking to earn platform bonuses and incentives,
- Voting on management decisions to determine the allocation of funds.
MOMOverse, the universe of the MOBOX Protocol in the Metaverse, is an ecosystem where developers and users are rewarded and collectors come together. NFTs in the MOBOX ecosystem are called MOMOs. Players can use the NFTs they earn for in-game purchases. By focusing on NFT interoperability, assets can be used in multiple games at the same time, creating a whole new world of entertainment. MOBOX MOMOverse NFTs have the following features:
- Players receive them by unlocking Blind Boxes in games with a key.
- Users who lock them into smart contracts can earn MBOX Tokens.
- They can be traded at MOBOX NFT Marketplace.
- They can be used in all games on the MOBOX platform.
- They are sorted by rarity.
MOBOX’s Technology
The MOBOX ecosystem was designed to promote the potential of the Play-To-Earn model without compromising the concept of Free-To-Play games. DeFi, the combination of blockchain-based games and NFTs, offers unique opportunities for every crypto enthusiast. Compared to other games, it is easier to win MBOX Tokens in various games. The combination of Free-To-Play and Play-To-Win models is quite interesting. While similar gaming models often require an upfront investment, MOBOX takes a different approach, creating an accessible ecosystem. Users featured in the leaderboard can earn more MBOX Tokens for free.
The three main components that make up the MOBOX platform are:
The NFT Marketplace: A completely decentralized marketplace to trade, rent, and lend MOMO NFTs with other users in the ecosystem.
The NFT Creator: MOBOX offers a functional toolset for users who want to create MOMO NFTs in the ERC-721 standard.
The Game Creator: MOBOX offers a collection of APIs to launch and publish games on its platform. Developers can also easily incorporate MBOX Tokens and MOMO NFTs into their games.
The MOBOX Team & Company
The founders of MOBOX have been working on decentralized applications (DApps) since 2018. With their DApps, the team has raised more than $4B. MOBOX has created communities around the world with its international team.
MOBOX’s Digital Asset Economy
MOBOX is a token created on the Binance Smart Chain and is part of the GameFi ecosystem. MOBOX has a maximum supply of 1 billion MBOX, and there are currently 79,853,075.89 MBOX in circulation. There were no pre-sales or private sales at launch. 51% is reserved for the community, 21% for bonuses, 20% for the MOBOX team, and 8% for collaborations.
Evaluation of MOBOX
The MOBOX Protocol is a GameFi platform that rewards users for their participation and interaction. MOBOX, which allows players to use NFTs earned within the ecosystem, aims to create a huge Play-To-Earn ecosystem by combining NFTs with DeFi Yield Farming. MOBOX has developed MOMOverse, the first Metaverse project to be integrated into the Binance ecosystem. Thanks to this feature, MOBOX stands out from other GameFi projects in the Binance ecosystem.