Minebase: A Token Minted by Transaction Fees

Minebase (MBASE) represents a groundbreaking digital asset that introduces an innovative method of token creation. Unlike traditional cryptocurrencies that rely on energy-intensive mining processes, Minebase tokens are generated through a unique process known as Creative Token Production (CTP), utilizing transaction fees from various blockchain networks. This approach not only offers a sustainable and efficient alternative but also redefines the concept of token value generation.

Here's a detailed look at the key aspects of Minebase:

Token Creation:

• Creative Token Production (CTP): MBASE tokens are created through the accumulation of transaction fees from blockchains such as Ethereum and Bitcoin, bypassing the need for traditional mining.
• Limited Supply: With a total of 250 million MBASE tokens available, there's no possibility of additional minting, ensuring a finite supply.
• Starting Price: Each MBASE token begins with an initial value of $6.50. A new token is minted each time this amount is reached through collected transaction fees.

Key Features:

• Environmentally Friendly: By leveraging CTP, Minebase avoids the energy consumption associated with mining, presenting a more sustainable option for token creation.
• Inflationary Model: The gradual increase in the total supply of MBASE tokens could influence the token's value over time, introducing an element of inflation.
• Community-Driven: The passive contribution to MBASE token generation by anyone using participating blockchains fosters a community-centric approach to token creation.

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, offering more ways to personalize and enjoy your interactions.
• 2FA Settings Enabled: To enhance the security of your account, two-factor authentication (2FA) is now available in the settings. We encourage you to enable 2FA for an added layer of protection.