Minebase

Minebase: A Token Minted by Transaction Fees

Minebase (MBASE) is a unique digital asset that revolutionizes token creation with its innovative approach. Unlike traditional cryptocurrencies that rely on energy-intensive mining processes, Minebase tokens are generated passively through transaction fees collected from various blockchain networks. This method, known as Creative Token Production (CTP), aims to provide a more sustainable and efficient way to create valuable tokens.

Token Creation

CTP: Minebase leverages transaction fees from existing blockchain transactions, such as those on Ethereum and Bitcoin, to fuel the creation of MBASE tokens. This approach eliminates the need for resource-heavy mining.

Limited Supply: The total supply of MBASE tokens is capped at 250 million, ensuring scarcity and potential value retention. No additional tokens can be minted beyond this limit.

Starting Price: Each MBASE token is initially valued at $6.50. A new token is minted whenever this amount accumulates in transaction fees, providing a clear and transparent mechanism for token generation.

Key Features

Environmentally Friendly: By utilizing CTP, Minebase avoids the energy-intensive mining process, positioning it as a more sustainable alternative in the cryptocurrency space.

Inflationary Model: The total supply of MBASE increases gradually as more tokens are created from transaction fees. This inflationary model may impact the token's value over time, adding a layer of complexity to its economic model.

Community-Driven: Anyone participating in blockchain transactions can passively contribute to the generation of MBASE tokens, fostering a sense of community involvement 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 that will enhance your Veelive experience. Dive into a richer, more immersive world with these exciting additions.

2FA Settings Enabled: For enhanced security, two-factor authentication (2FA) is now available in the settings. Enable 2FA to safeguard your account and enjoy peace of mind knowing your assets are well-protected.