MOBOX is a relatively new protocol that aims to combine the best features of yield farming Defi with Gaming NFTs. As a result, the team will create a truly free-to-play and play-to-earn ecosystem. MOBOX utilizes the Binance Smart Chain. It also shows true NFT interoperability by combining cross-platform and cross chain functionality for NFTs.
The company launched its native utility token MBOX recently. Token holders can use it to process transactions through the NFT gaming platform. They can also participate in governance votes to determine how resources are allocated and stake coins for platform bonuses and incentives.
Furthermore, MOBOX MOMO NFTs give their owners great advantages. For instance, customers can stake them in a Smart Contract to mint MBOX tokens, trade on the MOBOX NFT Marketplace, or use them across all the games on the MOBOX platform. The team minted MOBOX MOMO NFTs through the unlocking blind boxes using KEYs. These NFTs are tiered according to rarity.
MOBOX platform had a fair launch (no pre-sale, no pre-seed, and no pre-TVL) on April 06, 2021. The team also announced that the total supply of MBOX tokens would be 1 billion. According to the company, the community will mint 51% of tokens. In addition, 21% of MBOX will be set aside for community contributors, 8% for strategic partners, and 20% for the team.
The team plans to release the MBOX token over five years. It will launch 400 million tokens during the first year and diminish the amount of released coins after each subsequent year. Furthermore, the company will contribute 80% of platform fees to burn MBOX tokens using a unique smart contract.
What about the founders of MOBOX Protocol?
MOBOX team is very experienced and efficient. Its members have been working in the Dapp space since 2018. Overall, the team has handled more than $4 billion across their Dapps. MOBOX has created communities across the globe. It has an international team. Their previous Dapp became the first gaming Dapp featured on Binance Launchpad.
PYM token is also trending. Why’s that?
Traditional Games have been well-established in the last 30 years. However, the play-to-earn game has started not long ago. Despite that, it has managed to gain exponential growth in terms of total active users and transactions. In some cases, the progress is slow. It took more than ten years for Bitcoin to become mainstream. Still, gamefi seems poised to gain momentum faster than cryptocurrency. Moreover, it brings the whole new community to become crypto users. The Playermon team aims to create a good game that is fun to play.
Playermon Team believes that its project has great potential, especially considering the current huge demand for NFT games. They also take into account the award-winning experience of the founders and developers in the mobile game industry.
Furthermore, this game introduces adorable, artistically made Playermons, which have the potential to become high-demand NFT collectibles. The platform maintains a strong focus on tokenomics, burning, and gaming mechanisms. It enables staking through the well-known Blockchain developers in ASIA.
The game also provides many opportunities to earn and unwind. Players will be able to focus on socializing and competing with other gamers. Playermon’s community unites dedicated gaming developers and artists from all around the world. The platform has also managed to gain support from strong advisors, as well as partners from the other blockchain game communities.
Playermon Team values the community’s input and tries to execute what is best for the game. The founders created this platform for artists, gamers, and content creators.
What is Playermon, and how does it work?
The team’s vision was for Playermon to become the next leading play-to-earn NFT game in the Defi game industry. It introduced a 10-year roadmap, focusing on growth and long-term stability.
Playermon is a boundless play-to-earn NFT game. Players will be able to explore and battle in the universe with Playermons – their favorite space companions. This game is accessible to everyone with low entry costs. Furthermore, it provides the ability to generate income based on “playformance” and creativity. The project also aims to empower the Playermon community of players, creators, and investors.
The project plans to provide a Tamagotchi-like experience initially. Users can play, feed, and bathe their Playermons. In addition, the company will also offer another game within the game which uses a turn-based card gameplay system. All players will need to form a team with three Playermons. If they place their Playermons wisely, they can get an advantage over the opponent. The winner will win token rewards, while the Playermons will gain experiences.
The team wants to provide a space where the players will be able to express their creativity. Users can sell and mint their own design game asset in Playermon’s marketplace. They can also use each game asset with a unique design on their own planet as a decorative asset. Moreover, players will be able to own, design, and monetize their game assets. Eventually, each planet will become a community-built mini-game platform.
What is the company’s goal?
Playermon wants to provide an enjoyable, addictive and sustainable game economy that will focus on proven tokenomics, as well as burning and game mechanisms. Furthermore, the company’s mission is to create an NFT game that will provide high engagement value among gamers. Users will enjoy immersive storytelling that offers players exciting experiences on the battlefields; They will be able to strategize and battle against one another by using their gaming prowess; In addition, they will have the opportunity to colonize planets and harvest resources in peace. The platform also enables to breed/create new Playermons with better stats and unique features.
The team launched its native utility token on November 19, 2021. PYM token is very high-ranked, and it’s trading for $0.038000 during the initial coin offering. Playermon aims to raise $130,000 by selling its coins. However, PYM tokens will give additional benefits to their holders.
The NFT Play-to-Earn has grown significantly over the last years, with top P2E companies reaching nearly a $10B market cap. Axie Infinity is the main example of success in this space. It boasts more than a $7B valuation that continued to increase since its coin launch a few years ago. Playermon plans to become equally successful.
Get the latest economy news, trading news, and Forex news on Finance Brokerage. Check out our comprehensive trading education and list of best Forex brokers list here. If you are interested in following the latest news on the topic, please follow Finance Brokerage on Google News.