Mobox (MBOX)
Mobox is a gaming ecosystem that was launched on April 6, 2021, built on the Binance Smart Chain (BSC). It merges yield farming in decentralized finance (DeFi) with gaming NFTs, offering a free-to-play and play-to-earn model. The project aims to connect different metaverses through NFTs, enhancing the interoperability of NFTs across games and platforms to provide real-time utility.
Overview
Mobox operates as a GameFi ecosystem on the Binance Smart Chain, enabling players to mine NFTs by staking cryptocurrency. These NFTs, known as MOMOs, can be used in various games on the platform to earn rewards in the form of a governance token. The platform offers yield farming, an NFT marketplace, and NFT staking, and has gained momentum through its association with the Binance Launch Pool. Mobox strives to integrate NFTs across different blockchain games, aiming to boost the utility and functionality of gaming NFTs.
Main features
| Ticker | MBOX |
| Category | Gaming (GameFi) |
| Website | https://www.mobox.io/ |
| @MOBOX_Official | |
| Telegram | mobox_io |
| https://www.reddit.com/r/Mobox/ | |
| Contract Addresses | |
|---|---|
| binance-smart-chain | 0x32...77 Copied! |
| arbitrum-one | 0xda...36Copied! |
The Mobox ecosystem supports the play-to-earn model without compromising the free-to-play aspect. Users have the opportunity to engage in a variety of games, from NFT farming to blockchain gaming. Participants can stake in liquidity pools or use MOMO NFTs to earn staking rewards in the native MBOX currency. Staking MBOX tokens can yield unique MOMO NFT Mystery Boxes, encouraging users to retain the native currency for additional benefits.
Main components
The Mobox platform is composed of several key components working together:
NFT marketplace
The Mobox NFT marketplace is a decentralized platform for trading, renting, and lending MOMO NFTs. The team has optimized smart contracts specifically for the MOMO NFT Farmer to ensure minimal fees and the best user experience.
Game creator
This feature provides APIs for game developers to launch and publish games on the Mobox platform, utilizing MBOX tokens and MOMO NFTs. It offers indie developers various benefits, allowing them to focus on game development. Developers gain access to MOMO NFTs, a large gaming community, and cost-effective publishing options. Upon successful publication, developers receive a Published Non-Fungible Token (P-NFT) representing their game's ownership, with revenue recorded on the blockchain for transparency.
NFT creator
The NFT Creator toolset enables users to create their own MOMO NFTs using the ERC721 standard. It simplifies the process by eliminating the technical complexities of smart contracts, allowing artists to design unique MOMOs for use across Mobox games. After creation, MOMOs are submitted to a community vote, with successful entries rewarded with MBOX tokens for their contribution.
Technology
Mobox is a community-driven platform that encourages user engagement by leveraging elements from play-to-earn gaming, DeFi yield farming, and the popularity of NFTs. The ecosystem allows users to play for free and earn rewards by being active. Native NFTs, called MOMOs, can be acquired through mystery boxes. These NFTs can be traded, staked to farm MBOX tokens, or used as collateral in games within the ecosystem.
Cross-platform integration
Mobox is collaborating with other established projects to develop NFT interoperability across platforms and games. The platform integrates NFTs from projects like PancakeSwap, enabling their use in Mobox games. Additionally, the team is working on cross-chain bridges for NFTs, allowing movement between Binance Smart Chain, Ethereum, and TRON.
MBOX token
The MBOX token is the native utility token of the Mobox platform, operating on the Binance Smart Chain. As of August 19, 2021, the maximum MBOX supply is 1 billion tokens, with a current circulating supply of 43,885,469 tokens. MBOX tokens are distributed with allocations for the team, strategic partnerships, marketing, and community mining through GameFi mechanics.
Tokenomics and supply
MBOX tokens are released over five years, starting with 400 million in the first year, gradually decreasing each subsequent year. The platform uses 80% of fees to burn MBOX tokens, reducing supply over time. MBOX tokens serve various purposes, including in-game currency, governance, liquidity mining, NFT mystery boxes, and auctions for legendary MOMO NFTs.
Mobox NFT games
Mobox leverages years of game development experience to release in-house developed games on its platform. MOMO NFTs can be used across all games, offering unique in-game functions based on the genre.
MOMO: NFT Farmer
MOMO: NFT Farmer is a popular game on the platform where players use MOMOs, small cube-like creatures with "hash power," to earn MBOX daily. Players can stake liquidity in pools to earn keys, which are used to open chests containing MOMOs. Recently, a gem lottery was introduced for customizing MOMOs with wearables that boost hash power.
Understanding MOMO creatures
MOMOs are categorized by classes and rarity tiers, each with unique attributes. Players can form crews of MOMOs to gain bonus hash power. Rare and higher-quality MOMOs offer additional customization options and can be upgraded by consuming other MOMOs.
On-chain parameters
Each unique NFT has specific parameters, such as color and rate, which influence their functions. Rare Quality MOMOs with a hash rate of 30 or higher can have their names edited, while Epic and Legendary Quality MOMOs offer further customization options.
Mobox roadmap
Mobox has outlined a roadmap with plans for cross-chain NFT support, new games, legendary NFTs for e-sports players, and enhanced yield farming. Future token holders will have voting rights on NFTs and games, with the aim to improve user engagement and retention.
Q3 2021
- MOBOX NFT Creator Platform
- veMBOX Booster Smart Contract
- MOMO: Block Brawler Game (Game #2)
- Cross-Chain Yield Farming
- E-sports player and streamer Legendary NFT
- Major Exchange Listing
- Multiple token Mining Pool
Q4 2021
- Game Creator API for third-party developers
- Partner Tier 1 IP for Legendary MOMO NFT
- MOMO: Tactical Party Slayer (Game #3)
- Platform-wide chat system
Q1 2022
- Onboard first third-party developer to utilize APIs
- Expand on Tier 1 IP for Legendary MOMO NFT
- Expand Cross-Chain Yield Farming