MXBOX Set to Launch Genesis Avatar NFTs

1000 Genesis Avatar NFTs

MXBOX, one of the first open software and hardware platforms for the Metaverse, is set to launch its Genesis Avatar NFTs mystery boxes on July 18 at 1 P.M. (UTC). 

Built on BNB Chain, these Genesis NFTs will be capped at a limited number of 1,000, providing its early community of holders with a range of exciting benefits.

One of the current significant drawbacks to the development of the Metaverse is the technical limitations of hardware and software required to interact with the virtual environment in real-time. As one of the world’s first aggregated public interfaces of GameFi, NFTs, SocialFi, and DeFi, which also combines software and hardware and introduces IOT smart devices as virtual reality physical machines, MXBOX is looking to open a new era of Metaverse that will allow users to enjoy immersive interaction.

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Further Details on Genesis Avatar NFT launch

In the last week of June, MXBOX launched a series of task-based community campaigns, including the MXBOX Art and Meme Contest with Whitelist spots for the Genesis Avatar NFT as part of the rewards. The campaigns will run through to the end of July.

The Whitelist and Public mint are scheduled to begin at the same time, with mint prices standing at 1.5 BNB and 2 BNB, respectively. 

If you wish to mint, simply visit the mint page, connect your wallet to BNB Chain and read the relevant details. Then, click “Mint” to acquire a mystery box. Find more information about where to locate your NFTs here.

Benefits of holding MXBOX Genesis Avatar NFTs

The original holders of the Genesis Avatar NFTs will receive a one-time airdrop of 10,000 $UNO (the utility token) per address, which will remain available until the MXBOX GameFi is officially launched. In addition, the extra benefits exclusive to the Genesis NFT holders include: 

• Purchase priority of the miner MXBOX
• Ability to join the pre-selected Whitelist to become a community ambassador ( this will subsequently increase mining speed.)
• Equipment NFT Pre-mint
• Priority to become a node validator and enjoy TreasureDAO rewards.

The Genesis Avatar NFTs can be transferred or sold. However, the benefits above only apply to the “original holder” addresses. 

As an integral part of the MXBOX GameFi - Genesis War, the MXBOX Genesis Avatar NFTs represent four playable races (Ataley, Laveller, Kea, and Asei Tai), each having four levels of rarity - N, R, SR, and SSR. The higher the level of Genesis NFT, the higher the yield rate of the governance token, $MXBOX. The in-game reward mechanism is built in such a way that players can earn the performance token, $UNO, which is used to level up the NFT. This increases the mining speed of the miner “MBOX” and the in-game victory ratio. 

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About MXBOX

MXBOX is a new visualization environment that combines Virtual Reality (VR) and Augmented Reality (AR) technologies to create a seamless virtual-reality world with a highly integrated physical world, virtual world, and digital information. 

It serves as a physical miner as well as an aggregated public interface involving GameFi, NFT, SocialFi and DeFi built on Web3, open to supporting enhanced reality products such as VR/AR, revolutionary HCI, etc.

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Game Tokenomics

The project utilizes a dual-token model.

‍Governance Token: MXBOX

Token Symbol: $MXBOX

Total Supply: 210,000,000

Supply Rule: The initial mining capacity is 100%. However, this amount is reduced by half the total amount every two years until fully mined. 

‍Performance Token: Unobtainium

Token Symbol: $UNO

Total Supply: 2,000,000,000 

Token Function: Serving as a utility token, UNO can be used for transaction fees, NFTs upgrades, and contributing to the Web3 architecture. 

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Next Step for MXBOX

Per the roadmap, the team plans an August release of the first generation of the physical miner “MXBOX” and the GameFi product.

‍Where to find MXBOX:

• Website
• Whitepaper
• Twitter
• Telegram announcement
• Telegram Chat
• Discord
• Medium
• Reddit