Minebase (MBASE) is a groundbreaking digital asset that introduces a fresh perspective on token generation. Unlike the conventional cryptocurrencies that rely on energy-intensive mining processes, Minebase tokens are produced through an innovative method known as Creative Token Production (CTP). This eco-friendly approach harnesses transaction fees from various blockchain networks, such as Ethereum and Bitcoin, to mint new MBASE tokens, promoting a more sustainable and efficient system for creating valuable tokens.
Here's an in-depth look at the key features and mechanics of Minebase:
Token Creation:
- Creative Token Production (CTP): MBASE tokens are not mined but are generated using fees from transactions on existing blockchain networks. This method is called Creative Token Production, offering an alternative to traditional mining.
- Limited Supply: The total supply of Minebase tokens is capped at 250 million. Once this limit is reached, no further tokens will be minted, ensuring scarcity.
- Starting Price: Each MBASE token begins with an initial value of $6.50. A new token is created every time the accumulated transaction fees reach this amount, ensuring a steady but controlled issuance of tokens.
Key Features:
- Environmentally Friendly: By utilizing CTP, Minebase avoids the high energy consumption associated with traditional mining, positioning it as a greener alternative in the crypto space.
- Inflationary Model: As transaction fees accumulate and new tokens are minted, the total supply of MBASE will gradually increase. This inflationary model could influence the token's value over time, offering a dynamic economic model for users.
- Community-Driven: Minebase empowers anyone interacting with blockchain networks to contribute passively to the creation of new tokens, fostering a sense of community and shared benefit.
What's New in the Latest Version 1.1.2
Last updated on Oct 22, 2024
Veelive Character Packages Added!
We are thrilled to introduce new character packages to enhance your Veelive experience. These additions bring fresh customization options to your digital interactions.
2FA Settings Enabled
For an extra layer of security, two-factor authentication (2FA) is now available in the settings. Enable 2FA to protect your account with enhanced security measures.
