A Guide to Generating MBASE Tokens: Multiple Methods Explained

Whether you’re a crypto enthusiast or a novice, this guide will provide insights into the genesis of Minebase, different methods to generate MBASE tokens and the various packages and upgrades that enhance the token generation process.

The Genesis of Minebase

Minebase’s journey began in 2017 with an ambition to create a secure cryptocurrency backed by gold. Although initial plans were thwarted by regulatory changes in 2018, the team’s relentless pursuit of innovation led to the birth of Minebase. After three years of rigorous research and development, Minebase introduced a system that allows anyone to create MBASE tokens leveraging transaction fees from across the crypto market. This is achieved through a unique BPFT (Blockchain Protocol Fee Tracker) software that allows Minebase to store and track all decentralized wallet addresses. Minebase developed the Blockchain Protocol Fee Tracker to ensure that each transaction is automatically verified.

How MBASE Tokens are Generated

MBASE tokens are generated through Creative Token Production (CTP). The platform has a total of 250 million tokens, and their circulation is regulated by mirroring wallet address fees. Users register with Minebase and, upon depositing a minimum of 25 Minebase tokens in their wallet, activate the CTP system. After that, it allows for the generation of MBASE tokens by harnessing transaction fees from the top 20 decentralized exchanges (DEXs), Etherscan, and the Bitcoin network. This process eliminates the need for energy-intensive mining operations, making it environmentally friendly and accessible to anyone with a PC or smartphone.

Different Methods to Generate MBASE Tokens

Now that we have understood how Minebase was created and how it works, let’s look at the different ways you can generate MBASE tokens.

Period of Time: This system is designed so that a certain percentage of the CTP price is generated over time, accumulating in the MBASE Wallet. For instance, starting at a CTP price of $27,27, 4% of it ($1,09) is credited per hour to the MBASE Wallet. After 25 hours, one MBASE token is created.

Automatic Wallet Addresses: Minebase’s system provides users with wallet addresses from networks like Ethereum, Bitcoin, and the top 20 decentralized exchanges. The fees generated by these addresses are mirrored, and the users receive the MBASE tokens when the accumulated fees reach the token creation price of $27.27.

Personal Wallet Addresses: Similar to Automatic wallet addresses, users can also register their own wallet addresses with Minebase. They are then credited with the fees for their own transactions in the form of MBASE tokens. Hence, users can effectively offset their transaction fees on any top crypto exchange or network using Minebase.

Interconnected Wallet Addresses: This method allows users to dock to others with 20 wallet addresses. It is possible to dock to a maximum of 5 users with 20 wallet addresses each! This means users can share as many as 100 wallet addresses in total. Users get 75% of all the tokens generated by these addresses, and the rest gets burned. And for every 20 wallet addresses, you need to have 550 tokens in your wallet.

Increase Earnings With Minebase Wallet Upgrades

To further enhance the user experience and incentivize long-term commitment, Minebase offers wallet upgrades based on the duration for which users hold their tokens. The first level of wallet upgrades is the Silver Status, which gives you three additional wallet addresses for depositing and holding 50 tokens. Next is the Gold Status, which provides you with five additional wallet addresses for depositing and holding 200 tokens. Finally, the Platinum status is the top tier of wallet upgrades which gets you ten additional wallet addresses for depositing and holding 550 tokens. Also, to ensure the stability of MBASE tokens, Minebase burns 10% of the tokens created from these extra wallet addresses during their creation process.

The wallet upgrades ensure that users can maximize their token generation potential. Whether you’re a casual user or a committed investor, Minebase offers something for everyone.

Enhance Token Generation with Packages

Minebase offers various packages as part of its CTP system. Similar to wallet upgrades, these packages are designed to provide users with added benefits and incentives, ensuring they can maximize their token generation potential. Let’s take a look at the three CTP creation packages that Minebase has to offer.

Star Package:

The latest offerings from Minebase are the Minebase Star Packages. These packages allow users to buy tokens at the current exchange rate and earn profits every three months based on the token’s market performance. The profits are calculated based on the highest price of the MBASE token during those three months.

APY Star:

The APY Star package is volume-centric, focusing on the amount rather than the number of tokens. Users can expect to receive up to 400% of the paid price in tokens annually. This means that by investing in this package, you can effectively quadruple their token count within a year, making it an attractive option for those looking for substantial returns.

CTP Package:

Set to be launched in November 2023, the CTP package enables users to receive more percentage of their deposit every three months. After three years, users will reach the highest percentage, which will be paid quarterly by Minebase. This ensures a steady flow of tokens, providing users with consistent rewards for their commitment to the platform.

Conclusion

Minebase stands as a testament to innovation in the cryptocurrency sector, offering a unique approach to token mining that is both eco-friendly and user-centric. Through its Creative Token Production (CTP) system, different token production methods, and various packages, Minebase ensures that users can seamlessly generate MBASE tokens without the traditional hassles of mining. Minebase’s commitment to sustainability, combined with its user-friendly features, positions Minebase as a frontrunner in the industry. As cryptocurrencies continue to evolve, platforms like Minebase are paving the way for a more inclusive and sustainable future.

Note: This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.