A Token Minted by Transaction Fees Minebase is a unique digital asset

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Dec 19, 2024
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Minebase: A Token Minted by Transaction Fees Minebase (MBASE) is a unique digital asset with an innovative approach to token creation. Unlike traditional cryptocurrencies mined through energy-intensive processes, Minebase tokens are generated passively through transaction fees incurred on various blockchain networks. This process, called Creative Token Production (CTP), aims to be a more sustainable and efficient way to create valuable tokens.

Here's a breakdown of key aspects of Minebase:
Token Creation:
CTP: Instead of mining, fees from existing blockchain transactions like Ethereum and Bitcoin fuel the creation of MBASE tokens.
Limited Supply: There are 250 million MBASE tokens in total, with no additional token minting possible.
Starting Price: Each MBASE is initially valued at $6.50, and a new token is created whenever this amount accumulates in transaction fees.
Key Features:
Environmentally Friendly: CTP avoids energy-intensive mining, making Minebase a potentially more sustainable alternative.
Inflationary Model: The total supply of MBASE increases gradually, potentially impacting token value over time.
Community-Driven: Anyone using blockchains can passively contribute to generating MBASE tokens.
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