About Minebase
Minebase is a token that is created through fees There are 250 million Minebase tokens in total. Everyone who sends a Coin in the Crypto Network, has to pay transaction fees. These existing fees are used to create the Minebase token. 45 million of these tokens were distributed to users through a bonus program All other Minebase Tokens are only created by fees...No one has to invest anything. We call this process CTP Creative Token production. The starting CTP price of the token is $6.50 So there must be $6.50 in fees for the token to be created The token can only be created by CTP. Anyone can register their own wallet address with Minebase (maximum 5) the fees will be charged until 6.50 is reached to create a token. Furthermore, the user can deposit tokens in the Minebase wallet. From 10 tokens the user automatically receives a wallet to create the token. (Maximum 20 wallets with 550 tokens that have to be deposited. All fees that these wallet addresses have will be credited to the user. With an Algorithm the CTP price increase. Starts at $6.50 up to $793.000. The more tokens are created the higher the price will be. Period of time POT Is an advantage program. Anyone can use this program. We want to reach people who have not had any contact with cryptocurrencies. The user receives 26 cents an hour 4% of $6.50. After 25 hours he receives a Minebase token. Price stabilization If the price on the exchange falls more than 10%, 0.025% of the total volume of unissued tokens is burned. From the CTP price of $131 there is a reward program for all users. Every time the CTP price increases, users who own a silver gold or platinum wallet will receive free tokens. Minebase Ecosystem STAKING MINEBASE Partner Company streakk INTERCONNECTED WALLET This upgrade gives you the possibility to dock to other users who have 20 wallet addresses. This means that you can participate in another 20 wallet addresses. It is possible to dock to a maximum of 5 users. Games / Burni
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Market Stats
Market Cap
Not enough data
FDV
$2.47M
Circ. Supply
Not enough data
Max Supply
231M MBASE
Total Supply
231M MBASE
Diluted Valuation
$53.52K
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
$46.62
543%
Volume (7D)
$338.67
Volume (30D)
$1.44K
All time high
$0.95
Price Change (1Y)
-51.33%
Additional info about Minebase
Recent trends
The latest MBASE price is $0.0107. Compared to Minebase's value of $0.01 from 24 hours ago, there's been a 23% increase, while the current price is -18% down from $0.01 which was recorded one week ago. Minebase's all time high is $0.95, which was reached on October 5, 2022. This is a -99% change from its price today.
The fully diluted valuation of Minebase is $2.47M. The diluted valuation of Minebase is $2.47M.
Market details
MBASE vs markets
↘ 60.81%
MBASE vs BTC
↘ 67.1%
MBASE vs ETH
↘ 27.17%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xbA3E5F8b4200a5eb856FF2C3E001aB29444491AA | |
BNB Smart Chain | 0x291aa47C58558aDfc2bCD6f060578FDAE1F6570C | |
Polygon | 0x291aa47C58558aDfc2bCD6f060578FDAE1F6570C | |
Ethereum | 0x291aa47C58558aDfc2bCD6f060578FDAE1F6570C |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0107 | ↗ 22.98% |
1 Day | $0.0087 | ↗ 22.98% |
1 Week | $0.0131 | ↘ 18.30% |
1 Month | $0.0081 | ↗ 32.18% |
1 Year | $0.0220 | ↘ 51.33% |
FAQ
Minebase (MBASE) is a unique digital asset that aims to redefine the way tokens are created. Unlike traditional digital assets that require mining or token generation, MBASE tokens are generated through transaction fees incurred on various blockchain networks. This innovative process is known as Creative Token Production (CTP). The total supply of MBASE is capped at 250 million tokens, with no additional tokens being minted. The initial price of each token is set at $6.50, and a token is created each time this amount is accumulated in transaction fees. This approach seeks to make digital asset creation accessible to everyone, without the need for expensive mining hardware or significant energy consumption.
The operation of Minebase is centered around the CTP algorithm. When a user conducts a transaction on a blockchain network, a fee is charged. These fees are then used to create MBASE tokens. For instance, if a user has a wallet address registered with Minebase and accumulates $6.50 in transaction fees, an MBASE token is created. The user can also store MBASE tokens in their Minebase wallet, and from 10 tokens onwards, the user automatically receives a wallet to generate more tokens. The more tokens are created, the higher the price will be, as determined by an algorithm. Minebase also has a token burn system to stabilize the token's price. If the exchange price falls more than 10%, a certain percentage of the total volume of unissued tokens is burned.
Minebase aims to provide a wide range of use cases for its users. One of the primary uses is the creation of MBASE tokens through transaction fees, allowing users to generate tokens without the need for mining or token generation. Additionally, Minebase offers a bonus program where users may receive tokens over time. The platform offers games where the token can be used for payment, with a portion of the tokens used in the game being burned. Furthermore, if a user purchases a Non-Fungible Token (NFT) with MBASE tokens, they gain additional advantages in the Minebase system, such as the ability to purchase the Minebase token at half the price for a certain number of tokens.
The concept of Minebase was born in 2017 with the goal of creating a coin backed by gold. However, due to regulatory changes in 2018, the project had to pivot and find a new direction. After three years of research and development, the team behind Minebase discovered a way to create a new token similar to Bitcoin but with an environmentally-friendly algorithm. This led to the development of the CTP algorithm and the creation of the MBASE token. The project has since evolved to include various features such as token generation, interconnected wallets, and a token burning system. The Minebase token is created by fees from the entire crypto network, aiming to maintain long-term token stability.
We update our Minebase to USD currency in real-time. Get the live price of Minebase on Coinbase.
The current market cap of Minebase is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Minebase is $0.95. This all-time high is highest price paid for Minebase since it was launched.
Over the last 24 hours, the trading volume of Minebase is $46.62.
Assets that have a similar market cap to Minebase include Smarty Pay, Theos, Windfall Token, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Minebase is 0.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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