Application Description
Minebase: A Token Minted by Transaction Fees
Minebase (MBASE) is a unique digital asset that revolutionizes the way tokens are created. Unlike traditional cryptocurrencies that rely on energy-intensive mining, Minebase tokens are minted through a process known as Creative Token Production (CTP), which utilizes transaction fees from various blockchain networks. This innovative approach aims to provide a more sustainable and efficient method for creating valuable tokens.
Here's an in-depth look at the key aspects of Minebase:
Token Creation:
- CTP: Minebase tokens are generated from the transaction fees of existing blockchain networks such as Ethereum and Bitcoin, bypassing the need for energy-consuming mining processes.
- 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 value of $6.50. A new token is minted whenever the accumulated transaction fees reach this amount.
Key Features:
- Environmentally Friendly: By leveraging CTP, Minebase offers a greener alternative to traditional mining, reducing the environmental impact associated with token creation.
- Inflationary Model: The gradual increase in the total supply of MBASE could influence its value over time, presenting a unique economic model for users to consider.
- Community-Driven: Every user of participating blockchains contributes passively to the generation of MBASE tokens, fostering a sense of community involvement.
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. Enable 2FA in your settings for an extra layer of protection.
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