Minebase

Minebase: A Token Minted by Transaction Fees

Minebase (MBASE) represents a groundbreaking digital asset that introduces a novel method for token creation. Unlike conventional cryptocurrencies that rely on energy-consuming mining processes, Minebase tokens are generated through a process known as Creative Token Production (CTP), which leverages transaction fees from various blockchain networks. This innovative approach not only enhances sustainability but also improves the efficiency of token generation.

Here's an in-depth look at the key facets of Minebase:

Token Creation:

CTP: Minebase bypasses traditional mining by utilizing fees from transactions on established blockchains such as Ethereum and Bitcoin to mint MBASE tokens. This method, known as Creative Token Production, offers a greener alternative to conventional mining.

Limited Supply: The total supply of MBASE tokens is capped at 250 million, ensuring a finite amount of tokens will ever be in circulation. This scarcity can potentially drive value.

Starting Price: Each MBASE token begins with an initial valuation of $6.50. A new token is minted whenever the accumulated transaction fees reach this threshold, maintaining a steady pace of token creation.

Key Features:

Environmentally Friendly: By eliminating the need for energy-intensive mining, Minebase's CTP approach positions it as a more sustainable option within the cryptocurrency ecosystem.

Inflationary Model: The gradual increase in the total supply of MBASE tokens introduces an inflationary aspect, which could influence the token's value over time.

Community-Driven: The generation of MBASE tokens is a passive process that involves the broader blockchain community, as anyone using these networks can contribute to the creation of new tokens.

What's New in the Latest Version 1.1.2

Last updated on Oct 22, 2024

Veelive Character Packages Added! We are thrilled to introduce new character packages designed to enrich your Veelive experience. Dive into these new additions and personalize your interactions like never before.

2FA Settings Enabled: For enhanced account security, we've integrated two-factor authentication (2FA) into the settings. Activate 2FA to add an additional layer of protection to your account, safeguarding your digital assets with ease.