Introduction

Online entertainment is an extremely competitive industry, with monopolistic companies competing for your information, attention, and money. Several of these companies have adopted gamification techniques to retain users and keep them interested. This is done in many ways, whether it is accumulating more points by running the extra mile on NIKE Plus or gaining levels on your favorite shopping app to chase the next big coupon & bonus points. Using all these systems, apps and features are designed to increase retention and keep you curious for what's to come.‌

Yet with all the time and money spent by the user, the rewards are simply not enough creating an imbalance. Where the company always has the upper hand and extracts every single dollar they possibly can from the user, which leaves them with next to nothing. In 2020 players spent just under $87 billion USD on games, with the very same users receiving a shocking $0 in return. Here’s where MOBOX comes in to make a change.‌

MOBOX is a community-driven platform empowering users by rewarding them for their engagement and enjoyment. By using innovative tokenomics, utilizing finance and games. Whilst also combining the best of DeFi and NFTs to create a truly unique and everlasting FREE TO PLAY, PLAY TO EARN ECOSYSTEM.

Their vision is that no NFT metaverse should be singular but rather each metaverse can be interconnected giving each unique NFT increased utility through NFT interoperability between games and platforms.

Mission

Every company strives to capture its audience's attention and engagement, whether it be through their time, their efforts, or money. But the economics and benefits are generally a one way street, only flowing from the user to the company.

MOBOX has developed a set of tools and smart contracts that completes a truly decentralized ecosystem where users are rewarded for their engagement and their contributions. Whether it is yield farming, creating unique NFTs, developing games, or simply using the tools the platform offers. The MOBOX ecosystem rewards everyone for their contributions.

Wallet

The MOBOX platform comes with a decentralized and centralized wallet that allows for a seamless experience for every application on the platform. User’s can also choose to register/login with their social media accounts and having their private keys saved to the cloud. This gives user an onboarding process they are already familiar with while keeping everything decentralized and secure, ensuring that their keys is their money.

In order to make sure the user stays in command and always has the easiest access to all things crypto, MOBOX has created a wallet plugin and Android and iOS apps to ensure that your crypto and NFTs can be accessed from anywhere, anytime.

With support for all major blockchains, users can enjoy their favorite dApps, transfer crypto, store their NFT collectibles, and invest in various decentralized finance protocols. All in one simple to use platform.

GameFi

MOBOX has built a unique infrastructure that builds on the growing DeFi ecosystem and combines it with Gaming through unique NFTs. Using Liquidity Pools, Yield Farming, and NFTs, the GameFi infrastructure will not just find the best yield strategies for users but also generate unique NFTs that can be used across a multitude of games. This gives MOBOX users the unique ability to play for free and to earn in one singular process.

magine a series of games where you don’t actually spend your hard earned money to purchase in-game resources or heroes, but rather a saving’s account where the more you save the more resources you earn and the more heroes you can summon.

By providing liquidity to certain CRATES (pools), CRATE contracts will automatically deliver the best yield for users by utilizing optimal yield farming strategies.

NFT Ecosystem

To build a truly user driver NFT ecosystem, the MOBOX platform provides a set of tools for the community to use. Whether you are a game developer, artist, or an NFT collector users can make use of the MOBOX platform to not just create but also to earn.

True Interoperability- While many realize the potential of Non-Fungible Tokens, they still haven’t reached it’s full potential when used in games.

This is partly due to limitations on the current NFT standards, high gas fees for sophisticated randomization, and failure to show true interoperability.

To remedy this issue MOBOX NFTs use both ERC721 and ERC1155 standards generated on the Binance Smart Chain. This significantly reduces gas fees allowing for more sophisticated logic when generated unique NFTs on-chain.

True interoperability can be achieved in two ways. Either by interoperability between blockchains or interoperability between applications. MOBOX solves this issue by providing an NFT bridging function that allows the NFT generated on BSC to move between TRON and Ethereum blockchains. These NFTs can also be used across all the games launched on the MOBOX Game platform, creating universal interoperability between blockchains and applications.

NFT Creator- The MOBOX platform encourages community engagement and believes that community input should be rewarded accordingly.

The NFT Creator is a platform for artists and designers to create their own unique MOMOs to be used across the MOBOX Games. By removing all the technical barriers with understanding Smart Contracts, MOBOX makes the process as simple as possible and gives all the tools required for the user to be rewarded for their creations.

Click, Customize, Create

A user simply uploads an image of their MOMO creation which is stored on the IPFS system ensuring that their creations will never disappear. The user then has the option to select several attributes for their MOMO and a revenue sharing model. The user can choose how much of each final sale they would like to keep, which will automatically be deducted from the final sale price and sent to the creators wallet.

To ensure that only quality user generated MOMOs are used in games, each MOMO NFT once created will be sent to the MOMO NFT proposal feed. Community members can then stake MBOX tokens to vote on whether or not to add the MOMO to the MOBOX family to be used across the game ecosystem.

User generated MOMO NFTs that pass the community vote will also be rewarded with MBOX tokens for their contribution to the wider MOBOX community.

NFT Marketplace- The MOBOX NFT marketplace is a decentralized exchange where users can buy and sell MOMO NFTs. In order to provide the best experience and the least fees, they have optimized the smart contracts specifically for MOMO NFT Farmer in the following ways:

1. MOMOs can be exchanged directly within the smart contract. Therefore users do not have to unstake their MOMO for them to be traded in the NFT Marketplace. This also minimizes gas fees to provide a low cost experience when trading NFT assets.

2. When a user lists their MOMO for sale, the MOMOs hash rate is substracted from the user's Total Hash Power. Therefore the user does not have to unstake, saving on gas fees.

3. When a user purchases a MOMO from the marketplace, the MOMO's hash power is added to the user's Total Hash Power. Therefore the user does not have to stake, saving on gas fees.

4. The marketplace also has a Bundle System giving users the the option to sell or buy multiple MOMO NFTs at a time.

5. The MOBOX platform takes a 5% exchange fee that goes to the Buyback and Burn pool.

Asset Portfolio Manager

As the blockchain industry expands, more and more assets are introduced to the ecosystem. Having a clear overview and detailed insights of your assets is an important tool for all investors. MOBOX’s Asset Portfolio manager provides users with an intuitive display of all your crypto assets including your NFTs. As MOBOX understands how important it is to have clear visibility of all your assets.

To ensure that user’s get the most relevant information about their assets across platforms, MOBOX provides an easy to use portfolio manager for a range of assets including cryptocurrency, NFTs, and DeFi investments. User’s also have the option to connect to their centralized exchange, giving them a top to bottom breakdown of all their assets across platforms and blockchains. Making it much easier and transparent across the board.

Tokenomics

MBOX DAO Token

Fair Launch- Mobox believes that the essence of blockchain is about transparency and fairness. MBOX token has no pre-mine, no seed round, and no offering round. MBOX token is FAIR LAUNCH!

MBOX Tokens will be distributed over 5 years according to the below schedule:

Governance

MBOX Token hodlers have the right to submit and vote on proposals. Hodlers will be able to manage the success of the platform such as games to develop and integrate, unique functions, events, development and more.

Staking

Game theory motivates token hodlers to react in honest ways to achieve optimal payoff. Ensuring that good actors are rewarded. By staking MBOX tokens, this establishes a mechanism to ensure users, developers, artists, and platform act as an entity for success.

Gamified Rewards

Through the use of gamification techniques, stakeholders will be rewarded through the enjoyment of the MOBOX platform, creating a self-sustaining system for community expansion

Buyback and Burn

Buyback Rules

80% of all profits across the platform is directed into an "auto buyback and burn" pool consisting of BNB. The smart contracts will constantly check the average MBOX price in the past 72 hours. Whenever the price falls below the 72 hour average price the smart contract will be triggered to swap the funds in the pool for MBOX tokens at a random time.

Plan

Team Mobox will burn MBOX every week in strict accordance with the plan. The following table shows several previous histories for reference only.