Minebase (MBASE) stands out as a unique digital asset with its innovative approach to token creation. Unlike the conventional cryptocurrencies that rely on energy-intensive mining, Minebase tokens are minted through a process known as Creative Token Production (CTP). This method leverages transaction fees from various blockchain networks, such as Ethereum and Bitcoin, to generate MBASE tokens, making it a more sustainable and efficient alternative to traditional mining.
Here's a comprehensive overview of the key aspects of Minebase:
Token Creation:
CTP: Instead of traditional mining, MBASE tokens are created through the fees collected from transactions on existing blockchain networks. This innovative approach, known as Creative Token Production, ensures a more eco-friendly process.
Limited Supply: The total supply of Minebase tokens is capped at 250 million MBASE, ensuring a finite number of tokens in circulation with no possibility of additional minting.
Starting Price: Each MBASE token starts with an initial value of $6.50. A new token is minted every time this amount is accumulated through transaction fees, maintaining a consistent value proposition for the token.
Key Features:
Environmentally Friendly: By avoiding the energy-intensive mining processes associated with traditional cryptocurrencies, Minebase promotes a more sustainable approach to token creation.
Inflationary Model: The gradual increase in the total supply of MBASE tokens introduces an inflationary aspect, which could influence the token's value over time.
Community-Driven: Users of various blockchains can passively contribute to the creation of MBASE tokens, fostering a community-driven ecosystem.
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, offering more variety and customization options.
2FA Settings Enabled: For enhanced security, two-factor authentication (2FA) is now available in the settings. Enable 2FA to add an extra layer of protection to your account.
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