Minebase: A Token Minted by Transaction Fees. Minebase (MBASE) stands out as a unique digital asset due to its innovative approach to token creation. Unlike traditional cryptocurrencies that rely on energy-intensive mining processes, Minebase tokens are generated passively through transaction fees accumulated on various blockchain networks. This method, known as Creative Token Production (CTP), offers a more sustainable and efficient way to create valuable tokens.
Here's a detailed breakdown of the key aspects of Minebase:
Token Creation:
- CTP: Minebase tokens are not mined in the conventional sense. Instead, they are created from the fees of transactions on blockchains such as Ethereum and Bitcoin.
- Limited Supply: The total supply of MBASE tokens is capped at 250 million, ensuring no further tokens can be minted beyond this limit.
- Starting Price: Each MBASE token starts with an initial valuation of $6.50. A new token is minted whenever the accumulated transaction fees reach this amount.
Key Features:
- Environmentally Friendly: By utilizing CTP instead of traditional mining, Minebase significantly reduces its environmental footprint, offering a greener alternative in the crypto space.
- Inflationary Model: The gradual increase in the total supply of MBASE could influence the token's value over time, presenting a dynamic economic model.
- Community-Driven: The token's production is supported passively by anyone engaging with supported blockchains, fostering a sense of community involvement.
What's New in the Latest Version 1.1.2
Last updated on Oct 22, 2024
Veelive Character Packages Added!
We are thrilled to announce the addition of new character packages to enhance your Veelive experience. Dive into these exciting new options to personalize your virtual presence further.
2FA Settings Enabled
For an extra layer of security, two-factor authentication (2FA) is now available in the settings. We strongly recommend enabling 2FA to safeguard your account against unauthorized access.
