Minebase: A Token Minted by Transaction Fees
Minebase (MBASE) represents a groundbreaking digital asset that revolutionizes the traditional approach to token creation. Unlike conventional cryptocurrencies that rely on energy-intensive mining, Minebase tokens are generated through a novel method called Creative Token Production (CTP). This innovative process harnesses transaction fees from various blockchain networks, such as Ethereum and Bitcoin, to mint new MBASE tokens, promoting a more sustainable and efficient ecosystem.
Token Creation:
CTP: Minebase's Creative Token Production leverages the transaction fees from existing blockchain transactions to create MBASE tokens. This method stands in stark contrast to the energy-intensive mining processes of traditional cryptocurrencies.
Limited Supply: With a total of 250 million MBASE tokens, the supply is capped, ensuring 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 the transaction fees accumulate to this amount, providing a clear and transparent mechanism for token generation.
Key Features:
Environmentally Friendly: By utilizing CTP, Minebase avoids the energy-intensive mining processes, positioning it as a potentially more sustainable option in the cryptocurrency space.
Inflationary Model: The total supply of MBASE tokens increases gradually, which could influence the token's value over time. This model is worth considering for potential investors.
Community-Driven: Anyone engaging with blockchain networks can contribute passively to the generation of MBASE tokens, fostering a sense of community and shared growth.
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 designed to enhance your Veelive experience. Dive into a richer, more personalized virtual world with these exciting additions.
2FA Settings Enabled: For enhanced account security, two-factor authentication (2FA) is now available in the settings. Enable 2FA to add an extra layer of protection to your account, ensuring your digital assets remain safe.