MOBOX Price (MBOX)
MOBOX to USD Chart
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MBOX Price Live Data
The live MOBOX price today is $4.37 USD with a 24-hour trading volume of $63,691,030 USD. We update our MBOX to USD price in real-time. MOBOX is up 2.32% in the last 24 hours. The current CoinMarketCap ranking is #248, with a live market cap of $312,862,563 USD. It has a circulating supply of 71,591,550 MBOX coins and a max. supply of 1,000,000,000 MBOX coins.
If you would like to know where to buy MOBOX, the top exchanges for trading in MOBOX are currently Binance, Mandala Exchange, Bitget, ZT, and Gate.io. You can find others listed on our crypto exchanges page.
What is MOBOX Protocol(MBOX)?
MOBOX Protocol combines the best of yield farming DeFi with Gaming NFTs creating a truly free to play and play to earn ecosystem. Utilizing the Binance Smart Chain, MOBOX shows true NFT interoperability by combining cross chain and cross platform functionality for NFTs.
MBOX is the native utility token that is used for:
- Processing transactions through the NFT gaming platform.
- Staking for platform bonuses and incentives.
- Used for governance votes to determine how resources are allocated.
MOBOX MOMO NFTs:
- Minted through the unlocking blind boxes using KEYs (BEP20 Token)
- Staked in a Smart Contract to mint MBOX tokens.
- Can be traded on the MOBOX NFT Marketplace.
- Used across all the games on the MOBOX platform.
- Tiered according to rarity.
How Many MBOX Coins Are There in Circulation?
MOBOX platform had a fair launch (no pre-seed, no pre-sale, no pre-TVL) launched on April 06, 2021 with a total supply of 1 billion tokens. 51% of tokens are minted by the community, 21% for community contributors, 8% for strategic partners, and 20% kept for the team. The MBOX token is released over 5 years, with 400 million being released the first year and diminishing after each subsequent year. 80% of platform fees are used to burn MBOX tokens using a unique smart contract that is triggered to auto buyback and burn.
Who Are the Founders of MOBOX Protocol?
The founders of MOBOX have been in the Dapp space since 2018. With a wealth of experience in coding smart contracts, the team has handled over $4 billion across their Dapps.
With an international team, MOBOX has created communities across the globe. Their previous Dapp was successfully the first ever gaming Dapp featured on Binance Launchpad.
Where Can I Buy MBOX tokens?
New to cryptocurrency? Read CoinMarketCap’s easy guide to buying Bitcoin or any other token. ## What Is TrueUSD (TUSD)?
TrueUSD is a U.S. dollar stablecoin pegged to USD at 1:1. First launched to a limited investor base in January 2018, TrueUSD has since grown to incorporate almost $400 million of backed tokens as of October 2020.
TrueUSD is one of a number of cryptocurrency stablecoins administered by TrustToken, a platform for tokenizing real-world assets.
As with other stablecoins, TrueUSD aims to facilitate increased liquidity and provide cryptocurrency traders and general users with a nonvolatile asset relative to free-floating tokens such as Bitcoin (BTC).
As of October 2020, TUSD is the 38th largest cryptocurrency by market cap.
Who Are the Founders of TrueUSD?
TrueUSD is a stablecoin launched by parent company TrustToken, whose co-founder and CEO is Rafael Cosman.
Cosman has a lifelong attachment to cryptography, studying it along with artificial intelligence (AI) before working at both Google Brain and software company Palantir. He left Google to create TrustToken in 2017.
Cosman has stated that TrueUSD was always just the start of TrustToken’s product line, involving relatively little work in return for creating a high-impact asset.
At the time of launch, he noted that regular auditing of the stablecoin formed an important focus for the company, giving investors peace of mind at a time when many cryptoassets were seeing heavy volatility in the wake of the initial coin offering (ICO) phenomenon.
What Makes TrueUSD Unique?
TrueUSD aims to balance stability and utility — the main use cases of any stablecoin — with security in the form of regular attestations.
From its launch onwards, parent company TrustToken has sought to underscore the importance of independent verification of the stablecoin’s provenance. As such, the stablecoin’s appeal is geared towards larger investors looking to reduce risk, in addition to smaller private traders.
TrustToken describes TUSD as “the first regulated stablecoin fully backed by the US Dollar.”
TrueUSD is part of an ever-expanding stablecoin market, which now includes a large number of USD-backed assets. Tether (USDT) remains by far the largest, with a market cap of $15 billion as of October 2020, compared to TUSD’s $382 million.
TrustToken has entered various corporate partnerships as part of its business activities, including options for TUSD holders to increase annualized passive income returns.
Learn more about Tether here.
Learn more about USD Coin here.
New to cryptocurrency? Find all the information you need with Alexandria, CoinMarketCap’s dedicated education resource.
How Many TrueUSD (TUSD) Coins Are There in Circulation?
There was around 381.9 million TUSD in circulation as of October 2020. Given its status as a stablecoin, the supply is uncapped, and will continue to expand according to demand.
TrueUSD’s equivalent redeemability for USD is maintained via partnerships with banks and fiduciary entities.
How Is the TrueUSD Network Secured?
TrustToken aims to deliver maximum transparency using tools such as real-time auditing of TUSD’s backing and reliability.
Beyond trusting the validity of its USD peg, any security issues relate to those which affect all ERC-20 standard tokens. Transactions, for example, can suffer from abnormally high fees if gas prices on the Ethereum blockchain spike.
Where Can You Buy TrueUSD (TUSD)?
As one of the largest USD stablecoins, TUSD is freely available on major exchanges, with pairs for cryptocurrencies and other stablecoins available.
New to crypto? Read our easy guide to buying Bitcoin and other cryptocurrencies.
Our most recent articles about MOBOX:
MBOX to USD Converter
MBOX Price Statistics
|24h Low / 24h High|
|Volume / Market Cap||0.2036|
|Fully Diluted Market Cap||$4,370,104,595.75|
|Yesterday's Low / High|
|Yesterday's Open / Close|
|7d Low / 7d High|
|30d Low / 30d High|
|90d Low / 90d High|
|52 Week Low / 52 Week High|
All Time HighAug 27, 2021 (2 months ago)
All Time LowJun 22, 2021 (4 months ago)
|MOBOX ROI||No Data|
|Circulating Supply||71,591,550 MBOX|
|Total Supply||390,229,904 MBOX|
|Max Supply||1,000,000,000 MBOX|