->MOBOX<-

MOBOX (MBOX) is a play-win game. The MOBOX (MBOX) project emerged in August after an international exchange was listed on its Launchpool for new crypto projects. According to data from another popular exchange, its price has increased by over 400% in less than two weeks.
MOBOX is a platform where users can create, trade and earn non-fungible tokens (NFTs). NFTs include a wide variety of digital collectibles, from art to sports trading cards. Each one is unique because authorship, ownership and copyright information are encoded in the token.
The MOBOX (MBOX) ecosystem is designed to encourage gaming potential without compromising the free-to-play concept. From NFT farming to yield farming to blockchain games, anyone can participate in the various games provided by the platform. Additionally, users can stake liquidity pools or redeem MoMo NFTs to earn staking rewards paid in native MBOX currency. Staking MBOX tokens can reward unique MoMo NFT Mystery Boxes, creating an extra incentive for users to hold and trade local currency.
If one is going to invest in a cryptocurrency, it is crucial to understand what the cryptocurrency does, what problems it is trying to solve, and how it compares to its competitors.

When Was MOBOX (MBOX) Created?

The MOBOX (MBOX) project started development at the end of last year and was released in April 2021. The MBOX token began trading in April and saw a massive price increase when it was featured on Launchpool by a popular international exchange.
Some crypto investors like to start new projects early because they have a higher chance of making outstanding returns. However, the chances of the coin failing also increase. Therefore, other investors prefer to monitor how the project performs over time. There are more than 11,000 cryptocurrencies on the market. However, more than 2,000 coins have failed and many more losses are expected.

What Does MOBOX (MBOX) Do?

MOBOX (MBOX) calls itself “GameFi”. This term is also used as a mixture of “Game” and “DeFi (decentralized finance)”. “DeFi” is an umbrella term for a variety of services that remove the middleman from financial transactions.
The project mentioned here is a free play-win game. MOBOX users use 'keys' to unlock chests and receive random MoMo NFTs that can be traded. Some MoMos have rare features that make them more valuable. In other words, this means there's a lot of luck involved, as there's little control over what type of MoMo can be unlocked.

Founders of MOBOX (MBOX)

MOBOX (MBOX) stated last year that it has a team of more than 30 people with “extensive experience in developing and operating world-famous social gaming platforms,” but its site does not provide information on who these people are and what their extensive experience is.

Amount of MOBOX (MBOX) in circulation

The MOBOX (MBOX) platform had a fair launch on April 06, 2021, with a total supply of 1 billion tokens. 51% of tokens are held by the community, 21% for community contributors, 8% for strategic partners, and 20% for the team. MBOX token is launched over 5 years, with 400 million tokens being released in the first year and showing decreasing momentum after each subsequent year. 80% of platform fees are used to burn MBOX tokens using a unique smart contract that triggers automatic redemption and burning.

MOBOX (MBOX) Price Live Data

At the time of this writing, the live MOBOX price is $5.48 with a 24-hour trading volume of $106,617,762. Again, as of the date of writing this article, MOBOX (MBOX) has increased by 12.84% in the last 24 hours. Its ranking on the stock exchange where the current data is taken is 246, and its live market value is 311,686,234 USD. It has a circulating supply of 56,838,475 MBOX tokens and a maximum supply of 1,000,000,000 MBOX tokens.


https://www.mobox.io/

You can view the MOBOX page from the LINK above.

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