BitWell Research- MOBOX(MBOX) Project Analysis
1. Brief comment
Recent metaverse concept project, one of the few projects on the market that actually creates games, a regular game team, high playability. The TVL has reached $100 million and the liquidity pool of MBOX-BNB is up to $20 million. Mining also yields another token, KEY, which can be used to unlock and obtain unique NFTS, and NFT can be used to mine MBOX token. The development team is quite famous, having previously done Ether Legend, Wink, ChainZArena, and the project owner plans to release a number of games in 2021, and has already released Gold Master, momo farm, and simulated tournaments.
2. Recent breaking point
Listed on Binance
Token destruction mechanism started, 730 thousand MOBOX have been destroyed
3. Project description
MOBOX is an NFT project on the BSC chain. The project combines gaming, NFT mining and DeFi mechanics, which is more typical of GameFi. MOBOX is a community-driven platform that increases user engagement and entertainment through token rewards. MOBOX uses a revolutionary token economy system that nicely combines the best of DeFi and NFT, using financial mechanisms and gaming systems to empower users and create a truly unique and lasting free-to-play, easy-to-earn ecosystem. There was no pre-mining, no seed round, no pre-sales for MBOX tokens.
4. Token role
MBOX tokens can be used to buy equipment & pets
Conduct liquidity mining to mine another token KEY
5. Token allocation
The tokens are allocated over a five-year period.
Allocation in the first year:
Platform allocation 51%(The first year)
80% of the platform’s profits are used to repurchase and destroy MBOX tokens.
Contract Address: https://bscscan.com/token/0x3203c9e46ca618c8c1ce5dc67e7e9d75f5da2377