About Mobox (MBOX)
Mobox is a blockchain-based gaming platform running on BNB Chain. Mobox is a complete hub comprising game developers, NFT creators, and players. Mobox uses the $MBOX token to power its economy. The price of MBOX is live-tracked on Binance.
The Mobox platform has a set of decentralized tools and a complete smart contract ecosystem that combines the attributes of digital currency, DeFi, NFT, and GameFi. The amalgamation enables platform users to yield farms, create unique NFTs, trade digital currency, explore games and socialize.
The platform offers players three games: MOMO Block Brawl, MOMO Token Master, and Clash of Moland. Additionally, the platform offers a metaverse called MOMOverse that allows players to socialize with one another.
The MBOX token is the Mobox ecosystem's native token. As a result, the MBOX token is an essential component of the platform's gamified rewards mechanisms for players. In addition, players who stake MBOX tokens receive veMBOX tokens for governance, which serve as tickets to MOMO Farmer events.
Mobox employs a set of smart contracts known as "Crates" to generate a yield from various decentralized finance (DeFi) protocols across the BNB Chain ecosystem. Mobox supports four single-token strategies as well as eight liquidity provider token strategies. Users can contribute liquidity to the protocol by purchasing MBOX-BNB LP tokens to purportedly receive compounding MBOX token liquidity rewards in exchange.
Mobox is managed by a Decentralized Autonomous Organization (DAO), which enables MBOX token holders and veMBOX token holders to submit and vote on proposals to change protocol parameters, determine which new games should be added to the platform and how the ecosystem should evolve.