Everything You Need To Know About MOBOX -Playing video games is meant to be entertaining. Wouldn’t you rather have fun while making money than worry about every cent you spend, which would take up all your time?
MOBOX has developed a groundbreaking infrastructure that merges the expanding DeFi ecosystem with Gaming via novel NFTs.
The GameFi infrastructure will employ Liquidity Pools, Yield Farming, and NFTs to discover the optimal yield strategies for users and produce novel NFTs that may be deployed in various games. It’s a special feature of MOBOX that players can play for free and get paid simultaneously.
Envision a gaming franchise in which players don’t have to spend real money to acquire game assets but instead contribute to a savings account, where the more money deposited, the more game assets the player may acquire and the more heroes they can call upon.
Users will always receive the highest possible return from CRATE contracts because they employ optimal yield farming tactics and provide liquidity to certain CRATES (pools).
How does MOBOX work?
MOBOX is based on a model called “play to earn,” which introduces a financial element to video games by offering players the chance to earn cryptocurrency for completing missions.
MOBOX adds DeFi mechanisms, including yield farming (the process of collecting staked governance tokens) and NFTs (non-fungible tokens). The MBOX token serves both as a governance token and as an in-game currency, and it is also staked to attract new players and retain an active user base.
The MOMOverse’s makers envision their games as a “saving account where the more you save, the more resources you gain and the more heroes you may summon.” In other words, MOBOX brings the same DeFi mechanisms popularized in the summer of 2020 to the gaming industry.
The MOMOverse is the metaverse of MOBOX, and it is made up of all the games. To make money in the MOmarket, players must pick a MOprofession and hone their skills. Then they could stroll around MOland, play MOsocial network games, or check out the MOseum’s collection of NFTs.
Binance’s Smart Chain will be replaced with MOBOX’s own MOBOX Chain, a private blockchain that will not charge users for transactions.
Key events and management
MOBOX partnered with the Team Alliance eSports team to launch MOMO NFTs. MOBOX states that they employ 30 people with years of experience developing DeFi initiatives. Our group prefers to remain nameless. BSC News names “Soon” as one of its co-founders.
Beginning in March 2021, Certik launched an audit of the MOBOX codebase in preparation for its release in May 2021. After undergoing a thorough assessment, MOBOX was given a high-security rating of 93 out of 100. The audit found multiple problems with the code, some of which have been fixed but one that is quite important: a build fault caused by a missing “.
Comparatively, Terra, which failed in May 2022, received a score of 85, while Aave, one of the most resilient DeFi protocols, received 95. However, scores are not endorsements of the viability of its product, just affirmations that the code is not faulty.
How Many MBOX Coins Are There in Circulation?
On April 6, 2021, the MOBOX platform became live with a total supply of 1 billion tokens following a fair launch (no pre-seed, no pre-sale, and no pre-TVL). The community mints 51% of tokens, allocates 21% to contributors, allocates 8% to key partners, and keeps 20% for themselves. For 5 years, 400,000,000 MBOX tokens will be distributed initially, with that number decreasing years thereafter. A one-of-a-kind smart contract automatically uses 80% of platform fees to purchase back and burn MBOX tokens.
Who Are the Founders of MOBOX Protocol?
MOBOX’s creators have been active in the distributed application (Dapp) market since 2018. They have extensive experience in developing decentralized applications (Dapps) and have managed over $4 billion using smart contracts.
MOBOX has built communities all around the world with the help of its worldwide staff. With their previous Dapp, they made history by launching the first game Dapp on Binance Launchpad.
Where Can I Buy MBOX tokens?
Binance is where you can purchase MBOX tokens:
https://www.binance.com/en/price/mobox You may also purchase MBOX tokens on the Pancake Swap cryptocurrency exchange at the following link: https://exchange.pancakeswap.finance/#/swap Or
Their website (at https://mobox.io/#/iframe/momo) now features a built-in Pancake Swap.
How to play
The MOBOX website features a fun and user-friendly map. On a map, you’ll see several structures labeled with links to their respective pages.
Everything in the MOMO Universe is included in this. All the games are there, the DAO/Governance hub, the NFT/Marketplace, and more. So, how does MOBOX function exactly?
MOBOX is a regular NFT game with mining, breeding, and crate boxes.
You work on acquiring MOMOs. MOMOs are MOBOX’s one-of-a-kind NFTs for players. Owning a MOMO NFT is like owning a piece of the universe, as each is unique.
MOBOX Coin is accepted everywhere in the universe. It accepts investments in various well-known cryptocurrencies traded on several different platforms.
Mystery Boxes, Chests, and MEC Boxes are the three types of containers available for purchase or unlock.
To access them, you’ll need the appropriate tokens or NFTs. To give one example, MOBOX Lockers require Keys. Keys can be earned nearly daily as a reward for holding MOBOX Tokens.
Token mining and LP investments are only two of the many options available to you through MOBOX. You’re in a very advantageous situation. You can trade MOBOX Tokens with other players, use them to purchase and sell NFTs, and more.
MOBOX’s strongest feature is undoubtedly its support for Fairplay. No amounts have been held or presold to make a profit. Following a transparent token sale, all players, developers, and content creators have an equal chance of acquiring MOBOX DAO tokens.
You need MOBOX Tokens to get the MOBOX ecosystem rolling. However, if you have a wallet that supports many cryptocurrencies, you can easily convert them into cash. The MOXOB token has generally been stable, with either consistent growth or slight declines.
Players can create their own non-MOBOX Token (NFT) tokens and release them into the MOBOX Universe at will. It is possible to learn to make NFTs and build games with the help of various creation tools and API development tools. The players will get their due if the proposal is approved.
Finally, MOMOs, MOBOX’s proprietary NFTs, are available. They are available for purchase and obtaining via crates. Similar to breeding, they can be combined.
How to buy and sell MOBOX tokens?
MOBOX provides its users with a wallet called MOBOX Wallet. A product of the group’s efforts, it comes highly recommended by the MOMOUniverse. MetaMask, WalletConnect, and SafePal are alternatives to Binance Chain Wallet.
OpenSea can be used to look for and acquire non-fungible tokens (NFTs) associated with MOBOX, such as M-Box. As a result, MOBOX continues to support a wide variety of gamers worldwide.
Join a guild
A unique feature of MOBOX is the ability to form a DAG (Decentralized Autonomous Guild). Because of this, people from all walks of life, such as blockchain investors, gamers, and developers, can work together. You can use MOBOX even if you’re a collector. But as an NFT platform that is rapidly expanding, Balthazar gives you access to a world and universe that are even bigger.
By joining Balthazar, you will get access to a world of possibilities as a Wizard. You can participate in Balthazar’s perpetually thriving universe of NFT and Blockchain games in various meaningful ways, including acquiring and providing scholarships. Seeing as its primary goal is to improve the economy, you might expect to make some money.