MOBOX is a community-driven platform empowering users by rewarding them for their engagement and enjoyment. By using innovative tokenomics, utilizing finance and games. Whilst also combining the best of DeFi and NFTs to create a truly unique and everlasting FREE TO PLAY, PLAY TO EARN ECOSYSTEM.
In 2020 players spent just under $87 billion USD on games with the very same users receiving a shocking $0 in return.NFT Gaming with the slogan (Play to Earn) was born to solve that pain points
The “play-to-earn” movement is an emerging phenomenon in gaming, wherein players collect rewards in the form of NFTs (non-fungible tokens) within a game and later convert them to real cash.
NFT Gaming has reached $4.6B Market cap and $2.1B trading volume An impressive number even though it’s still new
Currently, there are no NFT Gaming projects reaching the top 50 so there is still potential for this segment
AXS ($1.1B cap and $9B volume) is a new type of game, partially owned and operated by its players.
ALICE ($100M cap and $577M vol) is a multiplayer builder game, introducing blockchain to millions of players. Anyone can buy and own virtual islands, collect and build exciting items and meet new friends.
(Updated July 16th,2021)
It is a large market, so there is still plenty of space for new potential products and projects to participate and develop. In addition, connecting Defi with real assets is an explosive trend soon because the demand comes from reality.
Defi and Game
Mobox’s team call: Free to Play to Earn (F2P2E)
MOBOX has built a unique infrastructure that builds on the growing DeFi ecosystem and combines it with Gaming through unique NFTs. Using Liquidity Pools, Yield Farming, and NFTs, the GameFi infrastructure will not just find the best yield strategies for users but also generate unique NFTs that can be used across a multitude of games. This gives MOBOX users the unique ability to play for free and to earn in one singular process
By providing liquidity to certain CRATES (pools), CRATE contracts will automatically deliver the best yield for users by utilizing optimal yield farming strategies.
With the goal of providing the best returns for liquidity providers, MOBOX Crates are a set of optimized yield farming Smart Contracts that automatically seek the best yield for users. MOBOX currently supports 4 single token strategies and 8 LP token strategies.
Crate contracts use an optimal auto-compounding strategy to provide users with the best yield possible.
Crypto Yield Farming (KEYs)
Each CRATE contract is a smart contract that automatically optimizes and delivers the best yield farming strategy for users across the Binance Smart Chain ecosystem. Users can stake their stable coins or certain Liquidity-Provider (LP) Tokens into the CRATE contract. Each CRATE contract has its unique optimized yield farming strategy through different DeFi protocols.
Providing liquidity to Crates generates BEP20 KEY tokens that can be used to unlock unique NFTs.
All staked tokens will be converted to USDT amount to determine the number of KEYs airdropped daily.
The unique GameFi systems give players and traders the opportunity to earn unique NFTs called MoMos. Each KEY token can be used to unlock a BOX to generate and mint a MoMo on the BSC blockchain.
According to the number of KEYs obtained from Crates, users can use them to unlock Chests(must be the whole number) to mint NFTs.
Users can also purchase KEYs from the market to unlock Chests to mint NFTs.
New BOXes can only be unlocked when there are 0 Chests being unlocked in the queue. (No pending transactions)
For a single transaction, the maximum number of Chests is 500, and the maximum Chests that can be unlocked is 50.
MOMO NFT Yield Farming
By staking unique MOMOs users can farm the MOBOX platform DAO token (MBOX).
Each MOMO has a randomly generated hash power that can be upgraded by consuming other MOMO NFTs. The total hash power is calculated by adding up the hash power of all your MOMOs. The amount of MBOX tokens mined is dependent on your weighted average of the total hash power across the platform.
The amount of MBOX tokens released per day is also dependent on the total hash power across the platform.
Users can buy, sell, lending MOMO NFTs on the MOBOX NFT marketplace, which is a decentralized exchange.
- Token Economy
Total: 1,000,000,000 MBOX
MBOX Tokens will be distributed over 5 years according to the below schedule:
Beginning year 6, 50,000,000 new MBOX tokens may be minted depending on community vote.
MBOX Token holders have the right to submit and vote on proposals. Hodlers will be able to manage the success of the platform such as games to develop and integrate, unique functions, events, development, and more.
Game theory motivates token holders to react in honest ways to achieve optimal payoff. Ensuring that good actors are rewarded. By staking MBOX tokens, establishes a mechanism to ensure users, developers, artists, and platforms act as an entity for success.
Through the use of gamification techniques, stakeholders will be rewarded through the enjoyment of the MOBOX platform, creating a self-sustaining system for community expansio
Unique Selling Point (USP)
MOMO: Token Master
Put your MOMO’s to the test in a casual turn-based idle game. Rob your friends and foes and collect as many tokens as possible. At the end of each season place a top the leaderboard and win MBOX token rewards.
MOMO: Block Brawl
Dive into the MOMO world with this real-time casual idle thriller. Players can obtain talent points, equipment, and skill gems through various challenges and form powerful combat strategies through developing talent, equipment, and skills. Take your skills and defeat various bosses or fight against your friends to show who is the true MOBOXer.
Trade Action is free to play with great rewards paid out in MBOX tokens if you place on the leaderboard.
Trade Action has 3 different games: SimpleTrade, Bull vs Bear, and LeverageMania.
The trade action is currently under maintenance until 3rd August
veMBOX will give you a weighted boost for when you are KEY farming in CRATES, the max boos of KEY farming you can receive are 3x.
MOBOX uses a unique Invite system that rewards users for having fun together. For every user invited through a unique referral code, users are rewarded with 20% of all the achievements completed by their friends and family. This creates a unique relations between the platform, the user, and the invited creating an ecosystem where everyone thrives together.
- Marketing & RoadMap
PR & Marketing
Telegram – https://t.me/mobox_io – There are more than 52.500 active members.
Twitter – https://twitter.com/MOBOX_Official- Has more than 68.400 followers.
Medium – https://mbox.medium.com/ – Regularly post updates on the progress of the project weekly
The project has achieved previously set milestones:
MOBOX NFT Creator Platform
veMBOX Booster Smart Contract
MOMO: Block Brawler Game (Game #2)
Cross Chain Yield Farming
e-sports player and streamer Legendary NFT
Major Exchange Listing
Multiple token Mining Pool
Game Creator API for third party developers
Partner Tier 1 IP for Legendary MOMO NFT
MOMO: Tactical Party Slayer (Game #3)
Platform wide chat system
Onboard first third party developer to utilize APIs
Expand on Tier 1 IP for Legendary MOMO NFT
Expand Cross Chain Yield Farming
Voting platform for users to vote on NFTs and Games to be released
Continue to Expand on Tier 1 IP for Legendary MOMO NFT
Expand on Achievement system to increase engagement and retention
Complete and optimize APIs with Publisher NFT ID to track revenue share
Mobox is a successful project in the field of Play to Earn. With years of experience in developing games, Mobox team has brought great experience to Defi + Game.
All milestones in the roadmap are updated by them and not delayed, they have community updates every week about changes, new features in their project.
Want to find a game to entertain and still can earn money. Mobox will not let you down
This deep dive is for informational purposes, not investment advice. Readers will be responsible for all their actions.
Source : bscdaily