What is Minebase?
Minebase is a unique token that has been created through transaction fees in the crypto network. With a total supply of 250 million tokens, every time someone sends a coin in the network, they have to pay a transaction fee. These fees are then used to create the Minebase token.
Initially, 45 million tokens were distributed to users through a bonus program. The rest of the tokens are only created through the process of Creative Token Production (CTP). In this process, there is no need for anyone to invest anything. The starting price of the token through CTP is $6.50, meaning there must be $6.50 in fees for a single token to be created.
Anyone can register their own wallet address with Minebase, with a maximum of five addresses allowed per user. The fees will be charged until $6.50 is reached, creating a new token. Users can also deposit tokens in the Minebase wallet, and from 10 tokens deposited, the user will automatically receive a wallet to create the token, with a maximum of 20 wallets and 550 tokens. All fees generated by these wallet addresses will be credited to the user.
The CTP price increases through an algorithm, starting at $6.50 and reaching as high as $793,000. The more tokens that are created, the higher the price will be.
Period of Time (POT) Advantage Program
The Minebase POT program is available for anyone to use, with the aim of reaching individuals who may not have had prior exposure to cryptocurrencies. The user will receive 26 cents an hour, equivalent to 4% of $6.50. After 25 hours, the user will receive a Minebase token.
To ensure stability, if the price on the exchange falls by more than 10%, 0.025% of the total volume of unissued tokens will be burned. From a CTP price of $131, there will be a reward program for all users. Each time the CTP price increases, users who own a silver, gold, or platinum wallet will receive free tokens.
Minebase has several interconnected systems to enhance user experience, including the Minebase Staking program and the Minebase Partner Company, Streakk. Additionally, the Interconnected Wallet upgrade allows users to connect with up to five other users who have 20 wallet addresses, giving them the ability to participate in another 20 wallet addresses.
In the future, the Minebase website will offer games with the option to earn tokens through play. 10% of the tokens used in the games will be burned.
For users who purchase NFTs with Minebase tokens, they will receive an added advantage in the Minebase system. As the CTP price increases through the algorithm, the user can purchase the Minebase token for half the price of the NFT's value. For example, if a user has 100 Minebase tokens, they will be able to purchase the Minebase token for half the price of these 100 tokens.
In conclusion, Minebase is a unique token that is created through fees in the crypto network, with a focus on making cryptocurrency accessible to a wider audience. With a range of interconnected systems and programs in place, Minebase provides a comprehensive and user-friendly experience for anyone looking to get involved in the crypto world.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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