Published on: 22/09/2021
Mobox.io: All You Need to Know about MOBOX & MBOX
What are MOBOX and MBOX?
MOBOX is a crypto project that focuses on cryptocurrency games online and it has sparked lots of interest in investors as it is still relatively cheap. If you want to understand more about MOBOX, keep reading.
Here is something that all you need to know:
- MOBOX is a platform for crypto games and NFTs
Crypto gaming, which has grown in popularity in 2021, is a new focal point for MOBOX. By playing free-to-play games, you can earn cryptos that come in the form of MOBOX tokens. At the moment only a single game is available on MOBOX – MOMO: Token Master – but apparently two more are on the way.
- Give free play games a try
You should visit MOBOX’s website and play the free MOMO: Token Master game. This helps you see whether the project will prove to be successful or not.
- Don’t forget the Defi option.
Decentralized finance (Defi) has received a lot of attention recently. This is because decentralised exchanges use smart contracts to help buying and selling assets in more flexible ways.
- MOBOX is a cryptocurrency with a lot to offer
So what about the MOBOX cryptocurrency? This is the platform’s native token, and it can be used in a variety of ways.
MOBOX is a governance token. As such you can use it to make suggestions about the whole project and then everyone gets to vote on the suggestions. So if you buy a MOBOX token, you will get a vote about where MOBOX heads next. This is also in-game money and it can be used to buy rewards and get character purchases. You can also get MOBOX to carry out NFT auctions, which means that you essentially stake it for a chance to win mysterious treasure chests that hold things like MOMO NFTs. Again, you can then stake it in the MOBOX’s liquidity pool for further perks.
See also: Top Play2Earn Crypto Games & Gaming Studios
- MOBOX’s Binance history
MOBOX was originally a Binance Launchpool project and it has seen its price rise by 450% in less than a week. It was one of the many Defi projects that the Binance exchange adds to its Binance Launchpool. Here users get to stake cryptos for around a month in order to receive incentives and see how a project grows. MOBOX was selected for the Binance Launchpool in August 2021. As Binance is one of the most popular bitcoin exchanges, it gave MOBOX an excellent start as the project’s value quadrupled in a single day
- Limited purchasing choices for American investors
MOBOX is difficult to purchase as it isn’t marketed on most of the biggest exchanges. So if someone wanted to buy MOBOX, they would have to visit Gate.io. This is a popular MOBOX trading exchange and is the best option. While Binance provides MOBOX, it is currently unavailable within the US.
However, if you have a Binance.US account you can buy Binance Coin and then use it to buy and sell on the MOBOX website. Plus the MOMO Farmer website also allows you to trade Binance Coin for MOBOX.
- Has MOBOX peaked?
MOBOX has lost nearly 25% from its high point. Although the value hasn’t dropped too much, it has been falling over a certain amount of time.
It’s easy to think that the value of a crypto will grow. But, maintaining growth rates is a tough task for many cryptos. Buyers who purchase at a cryptocurrency’s peak and are hoping for a repeat performance may have made a foolish error.
If it gets a big enough player base, MOBOX has a good chance of taking things to the next level. This might just be a temporary fall on the way to even bigger gains. Alternatively, the project may not take off, in which case its brief summer run may be the most acceptable option. Given the rivalry with other brands, MOBOX has a tough testing period ahead of it.
Conclusion:
Thousands of gambling sites across the planet are willing to give you access to millions of coins. And you’ll need to work out which options are most important to you in order to choose the gaming option that’s right for you.
MOBOX (MBOX) has been one of the most hard to predict coins in the crypto realm recently. It rose from less than $2 to nearly $11 by the end of summer and bigger things could soon come.
Read next: NFT Games Meaning
