Minebase

Minebase: A Token Minted by Transaction Fees

Minebase (MBASE) stands out as a unique digital asset, distinguished by its innovative method of token creation known as Creative Token Production (CTP). Unlike the energy-intensive mining processes typical of many cryptocurrencies, MBASE tokens are generated passively through transaction fees collected from various blockchain networks. This approach not only aims to be more sustainable but also more efficient in creating valuable tokens.

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

Token Creation:

CTP: Minebase tokens are minted using fees from transactions on blockchains such as Ethereum and Bitcoin, rather than through traditional mining.

Limited Supply: The total supply of MBASE is capped at 250 million tokens, ensuring no further minting beyond this amount.

Starting Price: Each MBASE token begins with an initial value of $6.50. A new token is minted each time this sum accumulates in transaction fees.

Key Features:

Environmentally Friendly: By utilizing CTP, Minebase avoids the high energy consumption associated with mining, positioning itself as a more eco-friendly option in the cryptocurrency space.

Inflationary Model: The gradual increase in the total supply of MBASE could have implications for the token's value over time, reflecting an inflationary model.

Community-Driven: The passive contribution to MBASE token generation is open to anyone using the supported blockchains, fostering a community-centric approach.

What's New in the Latest Version 1.1.2

Last updated on Oct 22, 2024

Veelive Character Packages Added! We're thrilled to introduce new character packages that will enrich your Veelive experience, providing fresh ways to engage and interact within the platform.

2FA Settings Enabled - Enhance your account's security with the newly available two-factor authentication (2FA) in the settings. By enabling 2FA, you add an extra layer of protection to safeguard your digital assets.