MOBOX

The MOBOX Project

MOBOX uses a revolutionary token economic system that combines the advantages of DeFi and collectibles, and uses financial mechanisms and game systems to empower players. Creating a truly unique and long-lasting free-to-play and play-to-earn ecosystem.

The MOBOX Project intends to address the following problems with gaming, finance, decentralization, and blockchain platform:

Poor User Experience

As major institutions such as PayPal and Square have been accepting bitcoin there is no doubt that crypto has become more popular. However the same cannot be said about dApps. The growth of dApps has been stagnant until the arrival of DeFi. But it has been evident that it has not had the same growth in users, compared to the wider crypto market. It seems that current decentralized applications are not focused on the everyday user, making it very difficult for the average Joe to even get started.

Sustainable DEFI Solutions

With the rise of DeFi a lot of speculation has been created around the possibilities of what a bankless world can truly become. Yield farming and APYs have given many people a new source of income, yet most of these projects are not sustainable since they have no intrinsic token value that benefits the user in the long term. The ease of copy and pasting has severely stalled innovation. It is a game of musical chairs so to speak, where copycats are added to the ecosystem on a daily basis and users chase the highest yield, and when the music stops only those with true innovation will continue to foster.

The True Value of NFTs

With many developers looking for the next big thing, many projects have turned to NFTs. The concept of NFTs is not new, but rather one of the first ideas of how smart contracts and unique tokens can benefit creators and users simultaneously.

Although there are many utilizing this approach and several cases have surfaced in the past several years, only some of them have really created a product that showcases the true value of NFTs and how they can change the world. NFTs shouldn’t be just hype but a truly revolutionary standard to ensure that creators are rewarded for their time and effort.

Community Driven

When reviewing collectively what has been previously mentioned above, it is evident that many dApps are developed for the minority. Whether it is the barriers involved to enter or the extremely high gas fees (blockchain transaction fees), not everyone is able to take part.

The aim is to provide product values that are driven by the community for the community. Removing barriers and making sure that developers are open and honest is important in fostering and expanding the community and driving true value. Unfortunately, most communities are not rewarded for their behind the scenes contribution.

Scalability

Decentralized applications have come a long way, but for it to take the next great leap the problem of scalability must be resolved. With high gas fees, long transaction times, and with an extremely complex on-boarding process it has caused many dApps to fail. There are a multitude of new solutions for lower cost transactions and faster Transactions Per Second (TPS). Therefore users are often faced with a new learning curve when converting to a new blockchain.

MOMO Farmer - MOBOX Earning

There are multiple games and ways to earn with MOBOX, such as "liquid mining", "MOMO mining", and "treasure box purchase", all of which can be found on MOMO Farmer, but don’t worry, we will explain about them:

Liquid Mining, or Yield Farming:

"Yield Farming" in DeFi refers to the process of depositing or lending designated token assets as required through DeFi products with a mining mechanism to provide liquidity for the swap fund pool and obtain income. This income may be the native token of the project.

MOMO mining, or Mining Camp

MOMO is a an NFT asset of the MOBOX platform, which can be obtained by opening a mystery BOX or purchased via the NFT marketplace.

After you get MOMOs, the system will automatically stake it, so it starts to mine MBOX and generate income on daily basis, but the staked MOMOs can still be used in the game.

The income distribution depends on the weighted average of the user's total hash power on the platform. Simply, as the hash power increases the income will increase;

Mystery Box, or Treasure Box

On MOMO Farmer you can find Mystery Box raffles that allow you to get different kinds of boxes. Earning with boxes, besides trading and selling them, happens since the raffle price of mystery BOX is 1/5 of the average price of market last week. After purchase, users are able to sell it to earn a difference.

MOBOX Future

The team behind MOBOX has a lot in store. With the vision of creating a true Free to Play, Play to Earn universe, their idea is to provide game developers the possibility of creating their own games on the MOBOX universe with the MOBOX Chain, their signature blockchain, that is currently in development phase. 

With games inside the MOBOX ecosystem providing true interoperability, the possibility of free negotiation on MOBOX marketplace or with other providers, such as BSC, TRON and Ethereum blockchain, MOBOX is definitely a project to keep an eye on.

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