MoBox has gone from strength to strength, steamrolling through the past week with impressive numbers indicating growth.
Massive MoBox Movement
MoBox has quickly become the top-performing blockchain GameFi project on Binance Smart Chain (BSC). The little box creatures have been making a name for themselves on different rankings and in the bank.
Its 7-day volume reached over $74 million, according to CoinMarketCap, as the project continues to attract players and hodlers for investments. The market capitalization for the game has blasted to $260 Million, over a quarter billion dollars.
“MoBox Continues to be #1 Ranked Game by volume on BSC (7day), and we are ranked #2 across all Blockchains!” The team exclaimed via community update.
The movement has been impressive but not a massive surprise as MoBox has kept pushing upwards, and we have been following closely. Hopes for a nod from Binance’s Most Valuable Builder III program always give the potential for a long-term boost.
MoBox Burning Up
In the past week, the MoBox team confirmed that they have also burned a total of 417,589 MBOX tokens, which is equivalent to just over $3 million.
This confirmation can be tracked via BSC scan and is a testament to how they are interested in increasing value for investors and keeping their ecosystem healthy and flourishing.
The total of MBOX that has been burnt so far runs over 7.5 Million tokens— an astounding figure that underlines the team’s efforts.
If the team continues to attract gamers and burn more MBOX, the token price alongside interest in the project will continue its impressive ascent. Like building blocks, MoBox seems to just be falling into place.
What is MOBOX: NFT Farmer
MoBox is a gaming project that has created infrastructure that builds on the growing Decentralized Finance (DeFi) ecosystem and combines it with gaming through unique NFTs. MoBox uses Liquidity Pools, Yield Farming, and NFTs to give players the best opportunity to game and earn.
The GameFi infrastructure, they claim, will not just find the best yield strategies for users but also generate unique NFTs that can be used across a multitude of games. The play-to-earn experience is made as simple and enjoyable as possible.
A series of games are available whereby users simply enjoy a savings account that they can add and subtract from based on their gaming performance. The more you earn, the more gaming heroes users will be able to invoke.
By providing liquidity to certain ‘CRATES’ (pools), CRATE contracts will automatically provide optimum yield for users by utilizing optimal yield farming strategies.
Source : bsc.news
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