Application Description

Minebase: A Token Minted by Transaction Fees

Minebase (MBASE) stands out as a unique digital asset, pioneering an innovative method for token creation. Unlike traditional cryptocurrencies that rely on energy-intensive mining processes, Minebase tokens are minted passively through transaction fees generated across various blockchain networks. This process, known as Creative Token Production (CTP), is designed to offer a more sustainable and efficient approach to generating valuable tokens.

Token Creation:

CTP: Minebase bypasses traditional mining by utilizing fees from existing blockchain transactions, such as those on Ethereum and Bitcoin, to fuel the creation of MBASE tokens.

Limited Supply: With a total of 250 million MBASE tokens available, no additional tokens can be minted, ensuring a finite supply.

Starting Price: Each MBASE token is initially priced at $6.50. A new token is created every time this amount is collected in transaction fees.

Key Features:

Environmentally Friendly: By adopting CTP, Minebase avoids the energy-intensive processes associated with traditional mining, positioning it as a more sustainable option in the cryptocurrency space.

Inflationary Model: The total supply of MBASE tokens increases gradually over time, which could influence the token's value in the future.

Community-Driven: The creation of MBASE tokens is supported passively by anyone engaging with blockchain networks, fostering a community-centric approach to token generation.

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 elevate your Veelive experience to new heights.

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

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