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What is Mobox (MBOX)? How does it work? 

What is Mobox? 

Mobox is a gaming and metaverse platform built on Binance smart chain. The Mobox ecosystem includes Defi and in-game NFTs.The Momoverse – metaverse of the Mobox system is powered by its native token Mobox required for in-game purchases of NFTs and other collectibles. Mobox users can purchase NFTs to stake and earn within the game. 

Launch Date  2021
Founder  Vadim Kot
Protocol  Proof of Stake
Native Token  MBOX
Market Cap $46,508,002
Token Type Peer to Peer Payments
Circulating Supply 933,400,003 RIF
Max Supply 1,000,000,000
Consensus Method  Proof of Work

WHO ARE THE FOUNDERS OF MOBOX PROTOCOL? 

Vadim Kot is the founder of Mobox. He attended Kyiv National University of Technologies and Design, Ukraine. Alex Chasnyk was the co-founder of Mobox and spearheaded end to end product development at Mobox. 

HOW DOES MOBOX PROTOCOL WORK? 

Mobox Protocol works as a simple web3 gaming platform that includes NFT staking, liquidity mining and several other defi initiatives in the Mobox ecosystem. The platform has recently launched 4 different games Token Master, MOMO Blockchain Brawler, ChainZ Arena MOBOX Edition & a Tower Defense game called MOLand. Players simply need to get Mobox tokens to get started with any game on the platform. The gaming ecosystem also has a governance protocol where players can give their tokens to be eligible to vote for or against Mobox related proposals. 

WHAT ARE MOBOX’S UNIQUE USE CASES? 

Mobox is a gaming platform backed by the prestigious Binance Launchpad. The gaming platform offers exciting character / avatar purchases for making the gaming experience even more personalized than ever. Players can enter into Player Versus Player battles and win incentives. 

The MomoVerse is the heart of the gaming platform. It is one of a kind metaverse that allows users to play, develop or even create and enjoy other content and get rewarded for their engagement. 

The Mystery Box NFT: Users can stake their MBOX tokens to win exclusive NFTs called MOBOX MOMO NFTs:

Use of MOBOX MOMO NFTs:

  • Minted through the unlocking blind boxes (Mystery Boxes) 
  • Staked in a Smart Contract to mint MBOX tokens. 
  • Can be traded on the MOBOX NFT Marketplace. 
  • Used across all the games on the MOBOX platform. 
  • Tiered according to rarity.

MOBOX PRICE ANALYSIS 

Source: CoinMarketCap

  • Mobox price was trading at INR 49.65 ($0.4006) at the time of writing.
  • The 24-hour trading volume of $5,522,138 USD and the total supply of Mobox is 369,987,868 while the circulating supply of the token is 169,215,401 MBOX.

HOW TO BUY MOBOX IN INDIA? 

Planning to buy Mobox ? You are at the right place.

CoinDCX, the leading crypto & bitcoin investment app in India, offers you the best trading experience, keeping the security at its prime. To do so, register yourself by following the below-mentioned steps. 

  • Download the CoinDCX App on your smartphone.
  • Enter the details required to register.
  • Complete KYC.
  • On verification of your profile, fund your wallet and buy Mobox tokens.
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