A Token Minted by Transaction Fees Minebase is a unique digital asset
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Name | Minebase |
---|---|
Version | 1.1.4 |
Update | Nov 23, 2024 |
Size | 20 MB |
Category | Events |
Installs | 1K+ |
Developer | Minebase |
Android OS | Android 5.0+ |
Google Play ID | com.minebase |
Minebase · Description
Minebase: A Token Minted by Transaction Fees Minebase (MBASE) is a unique digital asset with an innovative approach to token creation. Unlike traditional cryptocurrencies mined through energy-intensive processes, Minebase tokens are generated passively through transaction fees incurred on various blockchain networks. This process, called Creative Token Production (CTP), aims to be a more sustainable and efficient way to create valuable tokens.
Here's a breakdown of key aspects of Minebase:
Token Creation:
CTP: Instead of mining, fees from existing blockchain transactions like Ethereum and Bitcoin fuel the creation of MBASE tokens.
Limited Supply: There are 250 million MBASE tokens in total, with no additional token minting possible.
Starting Price: Each MBASE is initially valued at $6.50, and a new token is created whenever this amount accumulates in transaction fees.
Key Features:
Environmentally Friendly: CTP avoids energy-intensive mining, making Minebase a potentially more sustainable alternative.
Inflationary Model: The total supply of MBASE increases gradually, potentially impacting token value over time.
Community-Driven: Anyone using blockchains can passively contribute to generating MBASE tokens.
Here's a breakdown of key aspects of Minebase:
Token Creation:
CTP: Instead of mining, fees from existing blockchain transactions like Ethereum and Bitcoin fuel the creation of MBASE tokens.
Limited Supply: There are 250 million MBASE tokens in total, with no additional token minting possible.
Starting Price: Each MBASE is initially valued at $6.50, and a new token is created whenever this amount accumulates in transaction fees.
Key Features:
Environmentally Friendly: CTP avoids energy-intensive mining, making Minebase a potentially more sustainable alternative.
Inflationary Model: The total supply of MBASE increases gradually, potentially impacting token value over time.
Community-Driven: Anyone using blockchains can passively contribute to generating MBASE tokens.