Minebase

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, which often rely on energy-intensive mining processes, Minebase tokens are generated passively through transaction fees from various blockchain networks. This method, known as Creative Token Production (CTP), offers a more sustainable and efficient alternative for creating valuable tokens.

Token Creation

- CTP: Minebase tokens are produced not by mining, but by leveraging transaction fees from existing blockchain transactions, such as those on Ethereum and Bitcoin networks. This innovative process fuels the creation of MBASE tokens.

- Limited Supply: The total supply of MBASE tokens is capped at 250 million. Once this limit is reached, no additional tokens will be minted, ensuring scarcity and potential value retention.

- Starting Price: Each MBASE token begins with an initial valuation of $6.50. A new token is minted whenever transaction fees accumulate to this amount, making the process both transparent and predictable.

Key Features

- Environmentally Friendly: By avoiding energy-intensive mining, Minebase's CTP method positions it as a more sustainable choice in the cryptocurrency landscape, appealing to eco-conscious investors.

- Inflationary Model: As MBASE tokens are created from transaction fees, the total supply increases over time. This gradual inflation may influence the token's value, requiring users to stay informed about market dynamics.

- Community-Driven: The beauty of Minebase lies in its inclusivity—anyone participating in blockchain transactions can contribute to the generation of MBASE tokens, fostering a sense of community and shared growth.

What's New in the Latest Version 1.1.2

Last updated on Oct 22, 2024

- Veelive Character Packages Added! We're thrilled to introduce new character packages that will enrich your Veelive experience. Dive into these exciting additions and enhance your digital interactions.

- 2FA Settings Enabled: To bolster your account security, two-factor authentication (2FA) is now available in the settings. Take a moment to enable 2FA and add an extra layer of protection to your Minebase experience.