Mon, December 23

MOBOX (MBOX) Price Surges 11% in Last 24 Hours

MOBOX (MBOX) Price Surges 11% in Last 24 Hours Altcoin News
  • Free play-to-earn games are the norm in this genre.
  • The MOBOX users utilize KEYs to open chests and get a variety of MoMo NFTs.

The MOBOX Protocol creates a free-to-play and free-to-earn environment by combining the best yield farming DeFi with gaming NFTs. MOBOX demonstrates true NFT interoperability by integrating cross-chain and cross-platform capability for NFTs using the Binance Smart Chain. MOBOX is a platform where users can create, trade, and earn non-fungible tokens (NFTs).  

The MOBOX platform began on April 6, 2021, with a total quantity of 1 billion tokens (no pre-seed, no pre-sale, and no pre-TVL). 51 percent of the tokens are minted by the community, 21 percent for community contributions, 8 percent for critical partners, and 20 percent for the team. 400 million MBOX tokens are made available in the initial year, with a decreasing supply in succeeding years. At least 80% of the platform fees go toward the automatic repurchase and burning of MBOX tokens.

Unique Momo NFTs

Staking for platform bonuses and incentives, as well as voting in governance to decide how resources are distributed, are all applications of MBOX as a native utility token. Free play-to-earn games are the norm in this genre. The MOBOX users utilize KEYs to open chests and get a variety of MoMo NFTs, which may then be traded. Because of their rarity, certain MoMos are more valuable than others. Because of this, there is a lot of chance involved since users do not influence what sort of MoMo they will obtain.

MBOX/USDT: Source: TradingView

According to CoinMarketCap, the MOBOX price today is $3.27 USD with a 24-hour trading volume of $130,488,967 USD. MOBOX is up 10.46% in the last 24 hours, with a live market cap of $261,140,388 USD.

A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.

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