Mobox Platform Governance (MBOX Tokens)
The Mobox Platform is governed by the unique cross chain MBOX Token hodlers. The MBOX token serves three distinct purposes; Governance, Staking, Gamified Rewards.

MOBOX DAO Token

Description
Details
Token Name:
MBOX
Protocol:
Ethereum (can be wrapped to BSC and TRON)
Standard:
ERC-20
Total Supply:
1,000,000,000

MBOX Tokens will be distributed over 5 years according to the below schedule:

Year
Weight
Amount (MBOX)
1
40.00%
400,000,000
2
22.50%
225,000,000
3
17.50%
175,000,000
4
12.50%
125,000,000
5
7.50%
75,000,000
Total
100%
1,000,000,000
Beginning year 6, new MBOX tokens may be minted depending on the community.

Token Allocation (Year 1)

Hodlers
Weight
Amount (MBOX)
Community
51.00%
204,000,000
Contributors
21.00%
84,000,000
Strategic Partners
8.00%
32,000,000
Team Mobox
20.00%
80,000,000
Total
100%
400,000,000

Governance

MBOX Token hodlers have the right to submit and vote on proposals. Hodlers will be able to manage the success of the platform such as games to develop and integrate, unique functions, events, development and more.

Staking

Game theory motivates token hodlers to react in honest ways to achieve optimal payoff. Ensuring that good actors are rewarded. By staking MBOX tokens, this establishes a mechanism to ensure users, developers, artists, and platform act as an entity for success.

Gamified Rewards

Through the use of gamification techniques, stakeholders will be rewarded through the enjoyment of the MOBOX platform, creating a self-sustaining system for community expansion
Last modified 10mo ago