Minebase

Minebase: A Token Minted by Transaction Fees

Minebase (MBASE) is a distinctive digital asset that introduces an innovative method for token creation. Unlike conventional cryptocurrencies that rely on energy-consuming mining processes, Minebase tokens are generated passively through transaction fees accumulated from various blockchain networks. This method, known as Creative Token Production (CTP), represents a more sustainable and efficient approach to creating valuable tokens.

Here's a detailed look at the key aspects of Minebase:

Token Creation:

CTP: Minebase leverages fees from transactions on existing blockchains, such as Ethereum and Bitcoin, to mint new MBASE tokens. This process eliminates the need for traditional mining.

Limited Supply: The total supply of MBASE tokens is capped at 250 million, ensuring no additional tokens can be minted beyond this limit.

Starting Price: Each MBASE token starts with an initial value of $6.50. A new token is created whenever the accumulated transaction fees reach this amount.

Key Features:

Environmentally Friendly: By utilizing CTP, Minebase avoids the high energy costs associated with mining, positioning it as a more sustainable option in the crypto space.

Inflationary Model: The gradual increase in the total supply of MBASE tokens may influence its value over time, reflecting an inflationary economic model.

Community-Driven: Anyone participating in transactions on supported blockchains can passively contribute to the creation of MBASE tokens, 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 are thrilled to introduce new character packages that will enrich your Veelive experience, offering more customization and enjoyment.

2FA Settings Enabled: Enhance your account's security with the newly added two-factor authentication (2FA) settings. Enabling 2FA adds an extra layer of protection to your account.