Application Description

Minebase: A Digital Asset Minted from Transaction Fees

Minebase introduces a novel approach to digital assets. The Minebase token (MBASE) is not mined through traditional, energy-heavy processes. Instead, it is passively generated via transaction fees from major blockchain networks like Ethereum and Bitcoin. This method, known as Creative Token Production (CTP), offers a more sustainable and efficient pathway to creating value.

Here is an overview of Minebase's core elements:

Token Creation:

CTP: MBASE tokens are minted using fees collected from real blockchain transactions, replacing conventional mining.

Limited Supply: The total supply is capped at 250 million MBASE tokens, with no possibility for future minting.

Starting Price: Each token has a base creation value of $6.50. A new MBASE is generated whenever this threshold is met in accumulated fees.

Key Features:

Eco-Conscious: By forgoing proof-of-work mining, CTP presents a more environmentally sustainable model.

Gradual Inflation: The total supply increases incrementally, which may influence the token's long-term valuation.

Community-Powered: Every blockchain user contributes passively to the generation of MBASE tokens through their transaction fees.

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 to enrich your Veelive experience.

2FA Settings Enabled
To bolster account security, two-factor authentication (2FA) is now available in your settings. Activate 2FA for an added layer of protection.

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