Generalize
Information
Minebase is a token created through transaction fees in the Crypto Network. There are a total of 250 million Minebase tokens, with 45 million distributed through a bonus program. All other tokens are created solely through fees. The starting price of the token is $6.50 and can only be created through the Creative Token Production (CTP) process. Users can register their own wallet address with Minebase, and fees will be charged until $6.50 is reached to create a token. Additionally, users can deposit tokens in the Minebase wallet, and from 10 tokens, they will automatically receive a wallet to create more tokens. The CTP price increases with an algorithm, starting at $6.50 and going up to $793,000 as more tokens are created.
There is an advantage program called POT, where users receive 26 cents per hour and after 25 hours, they receive a Minebase token. In terms of price stabilization, if the token price falls more than 10%, 0.025% of the unissued tokens are burned. From a CTP price of $131, there is a reward program for users who own silver, gold, or platinum wallets, where they receive free tokens as the CTP price increases.
The Minebase ecosystem includes features like staking, partnering with streakk.io, and interconnected wallets. The website also plans to offer games in the future, where the token can be used for payment, and a burning program where 10% of tokens in the game are burned. Users who buy NFTs with Minebase Tokens receive additional advantages in the Minebase system.
Starting from September 9, 2022, the CTP system will receive a major upgrade with a token burning formula to keep the token stable in the long term. The CTP price is linked to the exchange, and if the exchange price is lower, the CTP price will increase, and if the exchange price is higher, the CTP price will decrease.
Information
What is Minebase?
Minebase is an ERC-20 token created through CTP (Creative Token Production), an algorithm that controls token supply and floor price based on the crypto market's behavior. With CTP, you can generate MBASE tokens by paying transaction fees on the Bitcoin and Ethereum blockchains, as well as decentralized exchanges (DEXs). Whether you have a smartphone or a computer, you can easily start earning Minebase tokens. Use $MBASE for daily transactions, stake it to earn yield, or simply HODL it as a store of value.
Answers
Coin ranking
Popular Q&A
- Can you explain the significance and impact of mbase in the cryptocurrency market? How does it contribute to the overall ecosystem?2021-11-23
- Can you provide a detailed comparison between mbase and other popular cryptocurrencies in terms of their value and market capitalization?2021-11-23
- Can you explain the benefits of using mbase in cryptocurrency transactions and how it can improve the overall experience?2021-11-23
- What are the use cases for mbase as a digital currency? How can it be used in everyday transactions?2021-11-23
- I would like to know the current price of mbase in the digital currency market. Can you provide me with the latest price information for mbase? I'm interested in investing in mbase and want to stay updated on its price movements. It would be great if you could also let me know which exchange provides the most accurate and reliable price for mbase.2021-11-23
- Can you explain the benefits of using mcbase in the cryptocurrency industry? How does mcbase stand out from other platforms and what advantages does it offer to users?2021-11-23