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MOBOX is a community GameFi platform utilizing tokenomics ($MBOX allocation), finance, and games. It also combines DeFi and NFTs to create a play-to-earn ecosystem. Certik, an audit institution, completed audits of the MOBOX contracts.
The GameFi platform utilizes $MBOX allocation to enhance player participation and entertainment. It also uses a token economic system, DeFi, and non-fungible tokens (NFTs), and uses financial mechanisms and game systems to incentivize players in the play-to-earn ecosystem.
Its short-term goal is to become a Tier 1 gaming platform in the blockchain game industry. Its mid-term is MOBOX DAO (decentralized autonomous organization), where players holding platform governance tokens referred to as (veMBOX) can participate in decision-making. Its long-term goal is MOMOverse, a cross-platform metaverse with an independent and complete ecology, as well as a scientific economic system.
Users can participate in Yield Farming on the MOBOX platform, MOMO NFT mining, Mystery BOX, and games. They can participate in mining after pledging MBOX-BNB LP. The average annualization of the whole platform is 200%, and there are about three boost programs to choose from. If users participate in the game, their mining income depends on the overall hash power of their MOMOs.
Owning a group of rare MOMO will give teams an extra fixed bonus hash of 300, with at least a 320 overall hash rate that can be received. Apart from mining, it can also be utilized in MOBOX games like "Block Brawl" to get income. With three groups of rare MOMO, users can participate in "mining + Block Brawl sweep + Token master Adventure" simultaneously. Other ways to receive extra income include smelting equipment in Block Brawl, trading equipment, and ranking rewards.
Another way to earn is by renting MOMOs to participate in games. Rare MOMO costs about 1 BUSD a day. Users can participate in Mystery BOX as well. The price of raffle mystery boxes is one-fifth of the average selling price, and players can decide to sell the boxes to earn the gap. Players can open it and receive a random MOMO. MOMOs can be utilized for mining or selling.
MOBOX combines a streamlined onboard process, games for users, portfolio analysis, and opinions from the wider community. The MOBOX ecosystem includes four systems that offer a platform to amateurs and users that are new to crypto:
- MOBOX account: MOBOX offers MWallet, which uses a streamlined onboarding process for user signup. Since it supports decentralized and centralized wallets in one, users are able to view their assets in one interface.
- GameFi: Its token structure allows users to mine NFTs that will be used in the MOBOX metaverse. GameFi will meld NFTs with yield farming to offer users the play-to-earn ecosystem.
- BITs: This was designed with the aim of offering a platform for users to gain market insights from community professionals. MOBOX BITS brings users and predictors together.
- Manager: Manager provides analysis of a user's assets across different exchanges. The portfolio management application enables users to get needed analytics.
The MBOX Token serves three purposes: governance over the platform, staking, and gamified rewards. MOBOX Token holders have control over the platform. Platform stakeholders will possess the right to manage the success of the platform, including games, functions, events, and development.
Staking Game theory incentivizes token holders to react to achieve optimal payoff, and this is employed to reward active players. With the use of gamification techniques, stakeholders can be rewarded via the use of the MOBOX platform, establishing a system for community expansion. The token name is MBOX (MOBOX), to protocol is Ethereum, and the standard is ERC-20.
- MOBOX Platform Development
- Development of decentralized and centralized wallet under one user account
- Distribution of MBOX Governance Tokens to SOUL Holders
- Onboarding of Partnerships and influencers
- MOBOX Platform Alpha Launch
- LP Staking for NFTs starts (NFT-LP)
- MBOX Token Voting Platform Release
- Team MOBOX developed NFT-LP supported Game Alpha Launch
- Platform Beta Launch
- Fusion Portal Alpha Launch
- MOBOX developed NFT-LP supported game official launch
- Intellectual Property (IP) onboarding
- MBOX token launch on exchanges
Q3 2021
- Platform official launch for mainstream users
- Developer and artist integration into the ecosystem
- IP integration
- NFT interoperability between MOBOX platform games
Q4 2021
- Team MOBOX AAA NFT-LP supported game alpha launch
Q1 2022
- Team MOBOX AAA NFT-LP game official launch
- Future development according to MBOX token voted proposals