Minebase: A Token Minted by Transaction Fees. Minebase (MBASE) stands out as a unique digital asset with an innovative approach to token creation. Unlike traditional cryptocurrencies that rely on energy-intensive mining processes, Minebase tokens are generated passively through transaction fees collected from various blockchain networks. This method, known as Creative Token Production (CTP), offers a more sustainable and efficient way to create valuable tokens.

Here's a detailed breakdown of the key aspects of Minebase:

Token Creation:

• CTP: Instead of traditional mining, Minebase leverages fees from transactions on blockchains like Ethereum and Bitcoin to fuel the creation of MBASE tokens.
• Limited Supply: The total supply of MBASE is capped at 250 million tokens, with no possibility of further minting.
• Starting Price: Each MBASE token is initially valued at $6.50, and a new token is minted whenever this amount accumulates in transaction fees.

Key Features:

• Environmentally Friendly: By using CTP, Minebase avoids the energy consumption associated with mining, presenting a more sustainable alternative.
• Inflationary Model: The total supply of MBASE increases gradually, which could have implications for the token's value over time.
• Community-Driven: Any user participating in blockchain networks can passively contribute to the generation of MBASE tokens.

What's New in the Latest Version 1.1.2

Last updated on Oct 22, 2024

• Veelive Character Packages Added! We're thrilled to introduce new character packages to enrich your Veelive experience.
• 2FA Settings Enabled: For enhanced security, two-factor authentication (2FA) is now available in the settings. Enable 2FA to further safeguard your account.