Description
Minebase: A Token Minted by Transaction Fees
Minebase (MBASE) represents a groundbreaking digital asset that revolutionizes the way tokens are created. Unlike traditional cryptocurrencies, which rely on energy-intensive mining processes, Minebase tokens are minted through a unique method known as Creative Token Production (CTP). This innovative approach utilizes transaction fees from various blockchain networks, such as Ethereum and Bitcoin, to generate MBASE tokens, offering a more sustainable and efficient alternative to conventional mining.
Here's a detailed look at the key aspects of Minebase:
Token Creation:
- CTP: Minebase leverages transaction fees from existing blockchain activities to create new MBASE tokens, bypassing the need for traditional mining.
- Limited Supply: The total supply of MBASE is capped at 250 million tokens, ensuring no further minting beyond this limit.
- Starting Price: Each MBASE token starts with an initial valuation of $6.50. A new token is minted whenever transaction fees accumulate to this amount.
Key Features:
- Environmentally Friendly: By utilizing CTP instead of energy-intensive mining, Minebase offers a greener approach to token creation.
- Inflationary Model: The gradual increase in MBASE's total supply could influence the token's value over time.
- Community-Driven: Every user of supported blockchains contributes passively to the creation of MBASE tokens, fostering a community-centric ecosystem.
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 that will elevate your Veelive experience to new heights.
- 2FA Settings Enabled: Enhance your account's security with the newly added two-factor authentication (2FA) feature, available in the settings menu. Enable 2FA for an extra layer of protection.
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Minebase Screenshots
