Mobox (MBOX): overview of the DeFi-platform and token, purchase options, wallets, pharming on Binance Launchpool

Hello world

Mobox is a blockchain-based gaming ecosystem that combines NFT capabilities with lucrative lucrative farming. The platform is community-driven and allows you to receive rewards for various gaming activities. Such a system is called Play-to-earn and is becoming very popular in blockchain gaming.

MBOX is a service token used as in-game currency, a tool for obtaining NFT boxes, rights to control the protocol, and a means for mining liquidity.

In the online entertainment industry today, users’ information, attention and money are mostly managed by monopoly companies. Some of them resort to gamification tools to reward users with bonuses or coupons. The other way around, traditional financial industries integrate into games.

Nevertheless, such rewards are not enough – there is still a strong imbalance between the money and time spent by the user and the rewards received. The company has a distinct advantage. If we take the traditional gaming industry as a whole, players spent $87 billion on it in 2020, earning nothing in the end. This is the situation Mobox is trying to change.

The main aspects the platform covers are:

  • User experience. Easy interaction with decentralized apps, a clear process even for a novice user.
  • Sustainable DeFi solutions. Profitable farming with the proliferation of DeFi has given many users bank-free earning opportunities, but not all of them benefit in the long run. Most are aimed at making quick, high profits.
  • The value of NFT. The concept of NFT allows you to create products that are not just about word of mouth, but also ensure that creators of collectible virtual objects are properly rewarded for their efforts.
  • Community Focus. Because of the rather high barriers to entry, many users simply cannot join the DeFi industry. Using the BSC blockchain significantly reduces the price and duration of transactions when compared to Ethereum.

Mobox has created a set of open smart contracts and tools serving to reward users for their contributions to the ecosystem. Whether it’s profitable farming, creating unique NFTs, or creating new games, there are many ways to make money.

Ways to generate income

Mobox allows active members to earn by several methods:

Crates. A set of optimized smart contracts that automatically find the best returns for users. Contracts use an automatic compounding strategy.

Yield Farming. Users can put stabelcoins or LP-tokens into Crate contacts; each contract has its own yield terms that change automatically on a regular basis.

NFT generation on the Binance Smart Chain blockchain. Each has a specific set of attributes on which the value depends.

The built-in NFT marketplace will allow you to seamlessly sell and buy game items in the format of irreplaceable tokens at a self-determined price.

MBOX Token

MBOX token is a native service token that can be farmed with steaking and earned on Mobox gaming platforms or by selling NFT generated tokens. It is used to incentivize players, hand out rewards, and vote for management. The token is also used to process transactions on the NFT game marketplace.

MBOX is a BEP-20 deflationary model token that will be distributed for five years and has a maximum issuance of 1,000,000,000 (this number will be achieved by automatic daily redemption and burn).

Where to buy, sell and store MBOX

To purchase MBOX, you can use the crypto exchange Binance, where the coin is traded in pairs with BTC, BNB, BUSD and USDT. Among the decentralized platforms, the work with tokens placed on BSC supports the protocol PancakeSwap.

Possible wallets for storing the asset:

  • Binance Chain Wallet
  • Metamask
  • Trust Wallet
  • MathWallet

Farming on Binance Launchpool

From August 20 to September 18, users will be able to put their BNB, MBOX and BUSD assets into pools on the Binance platform to farm MBOX tokens.

In this way, 3,000,000 MBOX will be distributed. KYC is not required to participate in the event.

The pool distribution looks like this:

BNB: 2,100,000 MBOX (70%)

MBOX: 600,000 MBOX (20%)

BUSD: 300,000 MBOX (10%)

Conclusion

To date, the platform Mobox already successfully operating several games. Thanks to Binance’s support, the project has gained additional fame and will definitely increase the number of interested users. Among other things, Mobox has a referral program: a special invitation can be found in the personal cabinet. Despite the fact that the platform is positioned mainly as a gaming platform, it also allows you to use the options of profitable farming and earn by creating NFT-products.