Minebase

A Token Minted by Transaction Fees – Minebase

Minebase (MBASE) is a distinctive digital asset that redefines how tokens are created through an innovative mechanism known as Creative Token Production (CTP). Unlike conventional cryptocurrencies that rely on energy-heavy mining or staking models, Minebase tokens are generated passively using transaction fees from established blockchain networks such as Bitcoin and Ethereum. This eco-conscious approach positions MBASE as a forward-thinking, sustainable alternative in the evolving crypto landscape.

Key Features of Minebase

Creative Token Production (CTP):
Minebase eliminates the need for traditional mining. Instead, accumulated transaction fees from supported blockchains are used to mint new MBASE tokens. This seamless process leverages existing network activity, turning everyday transactions into a source of token generation.

Fixed Total Supply:
The total supply of MBASE is capped at 250 million tokens. No additional tokens will ever be created beyond this limit, ensuring scarcity and long-term value preservation.

Dynamic Minting Threshold:
Each MBASE token is minted once $6.50 worth of transaction fees are collected across the network. This mechanism links token creation directly to real blockchain usage, reinforcing its intrinsic value.

Sustainability Focus:
By bypassing energy-consuming mining operations, Minebase significantly reduces its environmental footprint. CTP offers a greener path to token creation without compromising security or decentralization.

Inflationary Supply Model:
While the total supply is capped, MBASE follows a gradual inflationary model as tokens are minted over time. This controlled release supports ongoing network participation and incentivizes early adoption.

Community-Powered Growth:
Every blockchain user contributes to the MBASE ecosystem simply by transacting. There's no need for specialized hardware or active participation—anyone using supported networks helps fuel token generation.

What's New in Version 1.1.2

Updated on Oct 22, 2024

Veelive Character Packages Added
We’re thrilled to introduce new character packages to elevate your Veelive experience. Customize your presence with fresh looks and unique styles designed to enhance engagement and personal expression.

2FA Settings Now Available
Security has been upgraded—two-factor authentication (2FA) is now accessible in the settings menu. Enable 2FA to add an extra layer of protection to your account and safeguard your [ttpp] and [yyxx] activities.