Minebase (MBASE) is a groundbreaking digital asset that introduces a novel approach to token creation through its Creative Token Production (CTP) method. Unlike traditional cryptocurrencies that rely on energy-intensive mining, MBASE tokens are minted passively using transaction fees from various blockchain networks, such as Ethereum and Bitcoin. This innovative process not only enhances sustainability but also offers an efficient way to generate valuable tokens.
Here’s an in-depth look at the key aspects of Minebase:
Token Creation:
- CTP: Minebase leverages fees from existing blockchain transactions to create MBASE tokens, bypassing the need for traditional mining.
- Limited Supply: The total supply of MBASE is capped at 250 million tokens, ensuring scarcity and potential value growth.
- Starting Price: Each MBASE token begins with a value of $6.50, and a new token is minted each time this amount is accumulated in transaction fees.
Key Features:
- Environmentally Friendly: By eliminating the need for energy-intensive mining, Minebase offers a more sustainable alternative in the cryptocurrency space.
- Inflationary Model: As MBASE tokens are created from transaction fees, the total supply increases gradually, which could influence token value over time.
- Community-Driven: The MBASE ecosystem encourages participation from anyone using blockchains, allowing them to contribute passively to token generation.
What's New in the Latest Version 1.1.2
Last updated on Oct 22, 2024
- Veelive Character Packages Added! We're thrilled to introduce new character packages that will enhance your Veelive experience and bring more fun to your interactions.
- 2FA Settings Enabled: To bolster your account's security, two-factor authentication (2FA) is now available in the settings. Activate 2FA to ensure your account is safeguarded against unauthorized access.
