MoBox Lists on Binance Exchange and Experiences 100% + Rally to All-Time Highs

The Landmark moment arrives for MoBox as Binance listing is confirmed.

By
Dardania Havolli
on
August 19, 2021
Category:
BSC News

Important Development for MoBox

An announcement confirmed that Binance will be opening trades for MBOX/BTC, MBOX/BNB, MBOX/BUSD and MBOX/USDT; the pairs have since gone live as of 08:00 AM UTC, August 19th.

The confirmation came through Binance’s official webpage with an announcement on the 19th of August, 03:59 UTC. The excitement from the MoBox team was palpable in the tweet that immediately followed the announcement:. 

“MOBOXers! We are getting listed on #Binance ! A Big Thank you to our #Community ! We are only just getting started ! A NEW ERA OF #GameFi is beginning !”

A listing on Binance has become somewhat of an important checkpoint for different projects, with the exchange signifying progress and even lending an air of legitimacy.
The exciting listing saw the price of MoBox token $MBOX rifle up from around the $1.90 mark to just under $5 in a matter of hours according to CoinMarketCap at the time of writing. 

(Source)


Launchpool Follows

Shortly after the Binance listing, a second announcement followed that confirmed MoBox as the 22nd project on Binance Launchpool. 

Users will now be offered the chance to stake their BNB, MBOX and BUSD into separate pools to farm MBOX tokens over a period of 30 days. The farming will begin from 00:00 AM UTC on the 20th of August. 

MBOX Launchpool Details As Listed on official Binance page:

  • Token Name: Mobox (MBOX)
  • Total Supply: 1,000,000,000 MBOX
  • Circulating Supply: 37,333,406 (3.73% of total supply)
  • Launchpool Supply: 3,000,000 MBOX
  • Research Report: Mobox (MBOX)
  • Block Explorer: MBOX BEP-20 Block Explorer
  • Staking Terms: No upper limit. No KYC required

Supported Pools:

  • Stake BNB: 2,100,000 MBOX in rewards (70%)
  • Stake MBOX: 600,000 MBOX in rewards (20%)
  • Stake BUSD: 300,000 MBOX in rewards (10%)
  • Farming Period: 2021-08-20 00:00 AM (UTC) to 2021-09-18 11:59 PM (UTC).
(Source)


What is MoBox (MBOX)?

MoBox describes itself as a gaming platform that combines automated optimized DeFi yield farming and gaming NFTs to create GameFi. MBox is the native utility token of the platform, and is used for governance, staking, in-game currency, opening NFT mystery boxes and NFT auctions.

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Dardania Havolli

Dardania is an experienced researcher, editor and writer who is currently completing his PhD in Creative Writing. He is passionate about blockchain technology and the impact it will go on to have on our lives.

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