MOBOX MBOX / MOBOX

# MOBOX Is a gaming platform & metaverse creator that combines automated optimized DeFi yield farming and gaming NFTs to create a GameFi metaverse — the MOMOverse , is a cross platform metaverse that can be enjoyed on all devices no matter where you are. Whether it is creating content or enjoying others’ creations, the MOMOverse rewards players, developers, and collectors for their engagement and enjoyment.

What is MOBOX (MBOX)?

MBOX is the native utility token that is used for:

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 (veMBOX) for a chance to obtain unique MOMO NFT Mystery Boxes.

MOBOX MOMO NFTs:

* Minted through the 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 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.