Minebase: A Token Minted by Transaction Fees

Minebase (MBASE) is a groundbreaking digital asset that revolutionizes the way tokens are created. Unlike conventional cryptocurrencies that rely on energy-intensive mining processes, Minebase adopts a more sustainable and efficient approach called Creative Token Production (CTP). Through CTP, MBASE tokens are generated passively by harnessing transaction fees from various blockchain networks, such as Ethereum and Bitcoin. This innovative method not only reduces environmental impact but also offers a unique opportunity for users to engage with the ecosystem.

Token Creation

The backbone of Minebase's unique approach is its Creative Token Production (CTP) system. Instead of traditional mining, the creation of MBASE tokens is fueled by transaction fees from existing blockchain networks. This method ensures a more sustainable and less energy-consuming process. With a total supply capped at 250 million MBASE tokens, there will be no additional minting beyond this limit. Each MBASE token starts with an initial value of $6.50, and a new token is minted whenever this amount is accumulated in transaction fees.

Key Features

Minebase stands out with several key features that differentiate it from other digital assets:

• Environmentally Friendly: By avoiding energy-intensive mining, Minebase's CTP method offers a potentially more sustainable alternative to traditional cryptocurrencies.
• Inflationary Model: The total supply of MBASE increases over time, which may influence the token's value in the long run.
• Community-Driven: Anyone participating in blockchain transactions can contribute passively to the generation of MBASE tokens, fostering a community-centric ecosystem.

What's New in the Latest Version 1.1.2

Last updated on Oct 22, 2024

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