Minebase

Minebase: A Token Minted by Transaction Fees

Minebase (MBASE) stands out as a unique digital asset with a groundbreaking approach to token creation. Unlike the energy-intensive mining processes used by traditional cryptocurrencies, Minebase tokens are generated in a passive and sustainable manner through transaction fees collected from various blockchain networks. This innovative method, known as Creative Token Production (CTP), aims to provide a more eco-friendly and efficient alternative for creating valuable tokens.

Here's an in-depth look at the key aspects of Minebase:

Token Creation:

CTP: Rather than relying on mining, MBASE tokens are created using fees from existing blockchain transactions, such as those on Ethereum and Bitcoin. This approach not only reduces the environmental impact but also leverages the existing infrastructure of popular blockchains.

Limited Supply: The total supply of MBASE tokens is capped at 250 million, ensuring scarcity and potentially increasing value over time. No additional tokens will be minted beyond this limit.

Starting Price: Each MBASE token starts with an initial valuation of $6.50. A new token is minted whenever the cumulative transaction fees reach this amount, creating a direct link between token creation and blockchain activity.

Key Features:

Environmentally Friendly: By avoiding energy-intensive mining, Minebase offers a potentially more sustainable alternative to traditional cryptocurrencies. This eco-friendly approach appeals to environmentally conscious investors and users.

Inflationary Model: The total supply of MBASE increases gradually as transaction fees accumulate. This inflationary model can impact the token's value over time, making it an interesting asset to watch and analyze.

Community-Driven: Anyone participating in blockchain networks can passively contribute to the generation of MBASE tokens. This inclusive model fosters a sense of community and shared benefit among users.

What's New in the Latest Version 1.1.2

Last updated on Oct 22, 2024

Veelive Character Packages Added!
We are thrilled to announce the addition of new character packages to enhance your Veelive experience. These packages offer a range of exciting new characters to choose from, adding more fun and personalization to your interactions.

2FA Settings Enabled
For enhanced security, two-factor authentication (2FA) is now available in the settings. Enabling 2FA provides an additional layer of protection for your account, ensuring your assets and personal information remain safe.

Minebase Screenshots