💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
💟 Market Health (October-15) After a wave of good news about the DeFi, NFT and Fan token markets, buying power has returned to the market now. The current money is flowing strongly into the platform coins and this will help the market to stand stable in the near term. Let's keep accumulating coins and waiting for their pump
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).