What Is MOBOX (MBOX)?

MOBOX (MBOX)is a metaverse that combines both decentralized financeand games to develop an ecosystem where players, developers, and collectors come together. Metaverse is an augmented reality space where users meet virtually and explore realms. Here, on the MOBOX  platform, players gain ownership of their in-game assets, and by using the power of NFTs, players can acquire assets that stay on the blockchain. Further, the platform aims to interconnect each metaverse to provide unique NFT-enhanced utility via NFT interoperability between platforms and games. By fusing the best of NFTs and DeFi, the platform seeks to develop an everlasting and unique play-to-earn network.

The platform has created a set of smart contractsand tools to achieve a completely decentralized ecosystem where users get rewarded for their contributions. MOBOX seeks to reward everyone, whether yield farming, developing games, simply using the platform's tools, and developing unique NFTs. The platform created MOMOverse to reward the players, collectors, and developers, a cross-platform metaverse where players can create by enjoying other players' creations. In the MOMOverse, the NFT creators can design and mint their NFTs used in the MOMOverse. Also, the real creators seek to receive lifetime trading compensations for the NFT creations. Furthermore, the game creators can launch their blockchain games in the MOMOverse. The game developers can seek to leverage the benefits of everything in the MOMOverse, including a play-to-earn network, NFT marketplaces, and MOMO NFTs.

MBOX is the platform's official cryptocurrency, a BEP-20 tokenbased on BSC protocol. BSCis a platform that facilitates decentralized, fast trading. The MBOX holders take part in the platform's governance as they have the right to submit and vote on proposals. The token holders can decide on various aspects of the platform to develop and integrate the games, unique functions, events, and many more things. The platform allows the stakingof MBOX tokens to seek to ensure that the artists, users, and developers act as an entity for the platform's success. Lastly, the gamification techniques seek to reward the stakeholders while enjoying the MOBOX platform and create a self-sustaining community expansion system.

History of MOBOX (MBOX)

As the platform roadmap suggests, in Q4 2020, MOBOX stage 1 development of the platform was completed. In Q1 2021, the platform introduced a play-to-earn mechanism and completed NFT smart contracts. Later in Q2 of 2021, MOBOX officially launched the play-to-earn platform and optimized yield farming contracts for more yields.