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
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