Minebase: A Token Minted by Transaction Fees

Minebase (MBASE) stands out as a unique digital asset that pioneers an innovative approach to token creation. Unlike conventional cryptocurrencies that rely on energy-intensive mining processes, Minebase tokens are generated through a method known as Creative Token Production (CTP). This process leverages transaction fees from various blockchain networks, such as Ethereum and Bitcoin, to mint new MBASE tokens. This approach aims to be 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 uses transaction fees from existing blockchain networks to fuel the creation of MBASE tokens. This method is called Creative Token Production and is designed to be environmentally friendly.

Limited Supply: The total supply of MBASE tokens is capped at 250 million. Once this number is reached, no additional tokens will be minted, ensuring scarcity and potential value growth.

Starting Price: Each MBASE token is initially valued at $6.50. A new token is created whenever this amount accumulates in transaction fees, promoting a steady, yet limited, increase in supply.

Key Features:

Environmentally Friendly: By avoiding energy-intensive mining, CTP positions Minebase as a potentially more sustainable alternative in the cryptocurrency space.

Inflationary Model: The total supply of MBASE increases gradually, which could influence the token's value over time. This model ensures a controlled and predictable inflation rate.

Community-Driven: Anyone participating in blockchain transactions can passively contribute to the generation of MBASE tokens, fostering a community-driven approach to token creation.

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Last updated on Oct 22, 2024

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