Mobox is a decentralized blockchain-based (P2E) gaming platform that operates on Binance Smart Chain (BSC). The gaming crypto platform Mobox features three different types of games, along with non-fungible tokens (NFTs) and decentralized finance (DeFi) capabilities. The native MOBOX token is essential to buy, sell and trade the Mobox NFT line “MOMO” and participate in MOMO mining. In addition, the MOBOX token unlocks bonus features and allows players to purchase high-level equipment and in-game assets.
The Mobox platform is home to a growing ecosystem of crypto games. The first of these games are Block Brawler, Token Master and Trade Action. Each game uses Mobox NFT range and MBOX utility token. However, each game offers different game modes and mechanics. Consequently, the Mobox crypto gaming ecosystem caters to a wide range of players. Furthermore, Mobox caters to both crypto enthusiasts and traditional gaming fans alike.
In this article, we will discuss:
What is Mobox and How Does It Work?
Mobox is a gaming platform blockchain play-to-earn (P2E) that combines elements of decentralized finance (DeFi) and game theoretic mechanics to create a unique, free, community-driven “GameFi” platform. Additionally, Mobox is governed by a decentralized autonomous organization (DAO) where holders of the native MBOX token and veMBOX token can vote on proposals to make changes to the platform's parameters.
Mobox is creating a metaverse of games with a rich economy that allows players to earn passive income by completing tasks and missions throughout the game. Additionally, users can participate in liquidity mining using MBOX-BNB LP tokens and non-fungible tokens (NFTs) to earn a variety of rewards. Also, by collecting rare NFTs, users can increase their earning potential.
Players have a “hash power” score that determines how fast they can accumulate rewards. By keeping specific groups of MOMO NFTs with specific attributes, players can increase their hash power to optimize their earnings. Also, higher hash rates unlock higher level battles, gear, and games.
The Mobox gaming crypto ecosystem is a decentralized play-to-win platform that rewards players for their participation and skill. With yield production, NFT creation, multiple revenue streams and gaming options, Mobox is one of the best performing gaming crypto projects in the Binance Smart Chain (BSC) ecosystem.
Who are the founders of the MOBOX protocol?
MOBOX founders have been in the Dapp space since 2018. With extensive experience in smart contract coding, the team has managed over $4 billion in their Dapps.
With an international team, MOBOX has created communities around the world. Your previous Dapp was successfully the first game Dapp featured on Binance Launchpad.
Agricultural production
Mobox uses a series of smart contracts known as “Crates” to automatically generate the best yield from various decentralized finance (DeFi) protocols across the Binance Smart Chain (BSC) ecosystem. To start with, Mobox will support four single token strategies and eight liquidity provider (LP) token strategies. Users can provide liquidity to the protocol in the form of PancakeSwap MBOX-BNB LP tokens. In return, users receive MBOX token rewards compounded daily.
MOMO NFT Marketplace
The Mobox NFT Marketplace is a decentralized exchange (DEX) for buying and selling MOMO non-fungible tokens (NFTs). The decentralized marketplace offers micro fees and a seamless user interface (UI). Also, there is no need to release MOMO NFTs to trade them.
When a player lists their MOMO NFT on the market, that MOMO's hash rate is deducted from that player's overall hash rate. However, when a player buys a MOMO NFT from the market, its overall hash rate increases. Furthermore, the Bundle System gives players the option to sell multiple MOMO NFTs at once, saving players gas fees. Five percent of every fee withdrawn from the sale of NFTs goes into Mobox's buy-and-burn pool. Players can also rent their MOMO NFT collection for just a dollar a day.
MOMO Mining
MOMOs are non-fungible tokens (NFTs) unique to the Mobox gaming crypto platform. Each MOMO NFT comes with a unique “KEY Token” that allows its holders to unlock treasure chests. Upon opening these crates, players gain the ability to generate and mint MOMO NFTs on Binance Smart Chain (BSC).
In addition, players can participate in MOMO mining. MOMO mining is a process whereby players stake their MOMO NFTs to earn MBOX token rewards compounded daily. In addition, players can extract KEYS by betting in the “Crates” section of the platform or they can buy KEYS in the Mobox marketplace and directly in PancakeSwap. Simply put, a KEY will open a chest, which will open a MOMO NFT.
Furthermore, MOMO mining occurs automatically when a player obtains a MOMO NFT. Also, players can upgrade their rare or epic MOMOs and increase their hash power. When MOMOs are updated, the original MOMOs are written. Thus, participating in MOMO mining allows players to advance through the various games in the Mobox crypto ecosystem much faster, giving them higher stats.
Furthermore, MOMO NFT Mining Camp shows all MOMO NFTs a player has and their total hash power. Also, players can claim any MBOX tokens mined from this section. To sell a MOMO NFT, simply navigate to the Market and follow the instructions. It's also important to remember that there is a fee for selling MOMOs. However, you can save transaction fees by selling multiple MOMOs together. Furthermore, participation in MOMO NFT mining does not affect the use of MOMO NFTs in each of the Mobox games.
block brawler
Block Brawler is an “idle casual thriller” and real-time role-playing game (RPG). Players can gather talent points, resources, skill gems and equipment by participating in quests, challenges and combats. The game offers player versus player (PvP) and player versus environment (PvE) modes. Additionally, players can gain new talents and resources at a rate that matches their hash power.
Additionally, players automatically earn gold coins, skill books, and equipment during gameplay. In addition, players can bet their MOMO NFTs to earn rewards and resources more efficiently. Furthermore, the game allows players to "fuse" equipment sets to increase stats. As such, no collected equipment is wasted!
Players can choose from six hero classes. These are Barbarian, Duelist, Monk, Ranger, Assassin and Mage. Once a player selects their hero class, they can equip six different skills to create custom tactics to suit different playstyles. Furthermore, the Block Battlefield game combines various styles of tournament and competition to suit both casual gamers and hardcore gamers alike.
TokenMaster
Token Master is a “casual turn-based idle” game where players steal tokens from friends and enemies! The game works in seasons. At the end of each season, top players can earn MBOX token rewards. As with Block Brawler, players need tokens to advance in Token Master, and MOMO NFTs make it easy.
Additionally, players can earn more tokens by betting tokens and guessing where the spinning wheel will land. Additionally, players can assemble a team of three MOMOs and battle against friends. The winner receives loot in the form of tokens. Additionally, players can complete tasks to earn prizes.
Commercial Action
Trade Action is a trading simulation game with three modes: SimpleTrade, Bull vs Bear and LeverageMania. SimpleTrade is a weekly trading simulation game where users compete to rank on the leaderboard according to how much a user earns in seven days. Furthermore, this mode offers a user-friendly gateway to cryptocurrency trading for anyone who is reluctant to give it a try. Furthermore, SimpleTrade offers users a taste of the trading action without risking their assets. Hence, the aim of the game is to make the crypto trading experience fun while providing a platform to learn and earn at the same time!
Second, LeverageMania is an exciting leverage game where players are given tokens to participate in short bursts of play using up to 1000x leverage. LeverageMania aims to make “a rather boring or unexciting market environment incredibly captivating” by using thrilling and suspenseful game mechanics.
The third game mode is Bull vs Bear. Bull vs Bear is a guessing game that offers a fast-paced trading simulation experience where players can earn quick rewards in a short period of time by guessing the price movement of crypto assets. This game mode also uses a points system to distribute rewards to those who accumulate the most points.
game creator
While many game stores charge developers hefty fees, MBOX Game Creator offers a fair and straightforward way to release encrypted games. In addition, the Game Creator platform offers a range of tools and services for creating games using MOMO NFTs and the MBOX token. Additionally, these games benefit from community support, low publishing costs, and short payment schedules to give developers the best chance of success.
MBOX Token
The MBOX token is the native utility token of the Mobox ecosystem. Thus, the MBOX token is an essential part of the gamified reward mechanisms and serves as an economic incentive across the platform. Also, the MBOX token is used in protocol governance. Thus, holders who bet on the MBOX token can submit and vote on proposals to decide which new games should be integrated and how the ecosystem should develop. Additionally, players who wager the MBOX token receive the veMBOX token for use in governance and as a ticket to MOMO farmer events.
In addition, the Mobox NFT game features an “auto-buy and burn” mechanism to limit the supply of the MBOX token. This mechanism uses a series of smart contracts to verify the average price of the MBOX token over 72 hours. Additionally, the engine maintains a reserve pool of Binance Coin (BNB), which is used to exchange MBOX tokens if the price drops below the 72-hour average.
By holding the MBOX token, users can purchase in-game items, additional battle time, faster asset upgrades, and participate in raffles for in-game prizes. This allows users to progress through games faster by accessing higher quality items and resources. Furthermore, the MBOX token uses the Binance Smart Chain BEP-20 token standard. As of this writing, the MBOX token is trading for around $5,95 with a market cap of $540 million, according to CoinGecko.
What is the Price Prediction for Mobox (MBOX) cryptocurrency?
Mobox price is predicted to reach a peak level of $14.255 during 2022.
As early as 2023 according to our crypto price prediction index, Mobox (MBOX) may reach a maximum level of $24.205, with the average trading price of $18.000.
In 2025 according to our crypto price prediction index, MBOX should cross an average price level of $21.354, the minimum expected value of Mobox price at the end of the current year should be $23.590. Furthermore, MBOX can reach a maximum price level of $25.27.
Having said that, before making any investments, do your research, investing in cryptocurrencies is highly risky and speculative, and this article is not a writer's recommendation to invest in cryptocurrencies.
Where to buy the MBOX token?
MBOX cryptocurrency can be traded on the following exchanges:
- Binance
- Gate.io
- Poloniex
- lbank
- novadax
- Hotbit
Conclusion
The Mobox crypto gaming ecosystem is among the best performing (P2E) crypto gaming platforms on Binance Smart Chain (BSC). Consequently, the MBOX token has seen upward price action in recent months following a surge in adoption of the Mobox crypto gaming platform. Additionally, with three core game offerings and more in development, Mobox offers multiple ways to earn crypto rewards for playing games.
The platform makes it easy for players to earn crypto rewards simply by participating in the game. Additionally, the gamified rewards system and economic incentives at the heart of the platform combine elements of decentralized finance (DeFi) with non-fungible tokens (NFTs) to encourage players to hold and stake the native MBOX token to enhance gameplay.
