Genesis Avatar NFTs mint campaign has come to a successful end, with 1,000 Genesis mystery boxes sold out within 24 hours. Thanks to our strong community, it’s an impressive success in a bear market where projects are failing left and right.

What do you have in your mind when asked how to earn returns after acquiring these NFTs? Many might be inclined to sell them. That’s a definitely considerable option, but you could make more practical decisions after getting across the correlation between MXBOX genesis NFTs and its tokenomics. This article will dive into their relationships and our next move.

Correlation between MXBOX genesis NFTs and its tokenomics

As we all know, MXBOX utilizes a dual-token model, with $MXBOX as its governance token and $UNO as the utility token. Alongside NFTs, they are working together for the project ecosystem.

NFTs and $MXBOX

As an integral part of our GameFi — Genesis War, Genesis Avatar NFTs represent four playable races (Ataley, Laveller, Kea, and Asei Tai), each of which comes with four levels of rarity — N, R, SR, and SSR. The higher level of NFT is usually followed by a higher yield rate of $MXBOX and a more impressive efficiency of looting $MXBOX.

As one of the first aggregated public interfaces of GameFi, NFTs, SocialFi, and DeFi for opening a new era of Metaverse, MXBOX supports its governance token to apply to the supply rule that there are only 210M $MXBOX in total and every two years the amount is reduced by half of the total amount till it’s thoroughly mined. Would you be optimistic about the long-term value of holding $MXBOX? Let us know your thoughts in the comment section.

NFTs and $UNO

The in-game reward mechanism is built in such a way that players can earn bonus in the performance token, $UNO, which is used to level up the NFT avatar. This increases the mining speed of the miner “MXBOX” and the in-game victory ratio.

See also:

What will MXBOX bring to 2022?

MXBOX Tokenomics

What’s next for MXBOX?

NFT avatar holders might anxiously await the opportunity to have a closer look into the upcoming blockchain-based game — Genesis War and physical miner ‘MXBOX’. These are what we’re preoccupied with. At present, they are still in the Beta phase and per the roadmap, we’re planning their launch in August when you could experience a fantasy world like never before! The next article will get you through the game ecosystem. Stay tuned!

Conclusion

MXBOX’s vision is to create a fully immersive 3D world that could replace the internet of today. It’s designed as a pivotal portal to the Metaverse and helps people can truly experience another world involving NFT avatar, GameFi, SocialFi and DeFi simultaneously. MXBOX will set sail from the successful launch of the NFT collection containing 1,000 Genesis avatars. Stay tuned for the next positive step!

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The much-anticipated MXBOX Genesis Avatar NFTs will come on stage on 18 July. As Web 3.0 assets like NFTs remain a hot asset in the crypto space even if the bear market continues, will MXBOX Genesis NFTs based on the BNB chain thrive in the NFTs marketplace?

MXBOX Genesis Avatar NFTs

MXBOX Genesis Avatar NFTs are integrated into MXBOX GameFi — Genesis War and represent four playable races, each of which enjoys four rarity levels — N, R, SR, and SSR.

They are closely bound up with mining efficiency. To put it another way, the higher level of a Genesis NFT will be followed by a higher yield rate of $MXBOX tokens. What’s more, due to the reasonable rewards mechanism in the game, players are able to earn many UNO tokens as rewards which can be used to level up NFT which could in turn push up the mining speed of miner “MXBOX” and in-game victory ratio.

“What if I’m not a game player?”

Not a big deal. MXBOX Genesis Avatar collection enjoys a limited amount with 1000 NFTs. No further issue will be for long-term investing. In addition to the regular benefits mentioned above, their holders will be encouraged with rewards as shown below:

• One-time airdrop of 10,000 $UNO per address for holders
• Purchase priority of the miner MXBOX
• Equipment NFT Pre-mint
• To be a potential community ambassador (Mining speed will subsequently rise if you are an ambassador.)
• Priority to becoming a node validator and enjoying returns from TreasureDAO.

(The benefits are confined to holders of the original NFT address wallet and will be invalid if transferred or sold.)

What else is there to know about MXBOX?

MXBOX is a new visualization environment that combines VR and AR technologies to create a seamless virtual-reality world with the physical world, virtual world and digital information highly integrated. It serves as not only a physical miner but also 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.

Details about tokenomics:

$MXBOX: https://docs.mxbox.io/tokenomic/governance-token

$UNO: https://docs.mxbox.io/tokenomic/perfomance-token

Thanks to the launch plan of the aforementioned Genesis Avatar NFTs, MXBOX is ready to take the next step as per the official roadmap in an attempt to expand to: “MXBOX + GAME”, “MXBOX + EDUCATION”, “MXBOX + MOVIE / LIFE VIDEO“, “MXBOX + SOCIETY”, “MXBOX + INDUSTRY” and so on.

Mint Details

MXBOX Genesis Avatar NFTs Mystery Boxes are set to launch at 1:00 pm, on July 18th (UTC). Users are welcome to mint them at https://www.mxbox.io/nft/mint.

Public mint and whitelist mint will start at the same time, but they see differences in prices, with whitelist mint prices standing at 1.5BNB and public mint at 2BNB.

The minting process is quite easy. It’s necessary to connect your wallet after accessing the Mint Page, and then relevant details will be displayed. Click “Mint” to acquire a mystery box:

Thanks to the user-friendly navigation bar, your mystery box can be located with ease. Open it to check which genesis NFT avatar you’ll get.

Details of the NFT avatar will be presented under “Owned”> “My NFTs” > “Possessed”.

Click avatar to explore more info including attributes, transaction history, sell or send button, and others.

MXBOX is providing continued value for the community through content and technologies empowerment as web 3.0 technology continues to evolve. Would you like to hold Genesis Avatar NFTs to be one of the earliest community members?

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MXBOX will launch a WL-exclusive NFTs airdrop before 18 July. Participants in the airdrop event need to hold the WL role of the project. In other words, if you are whitelisted, you will be lucky to claim an NFT for free.

Overview of NFTs in the Airdrop

There are three kinds of NFTs representing three playable races, with each race coming with 4 levels and variously special attributes. They are named after Dan, Lynn, and Kim.

Race Dan: This race boasts outstanding agility and assassination ability working as great assassins. Watch out for their silent penetration and razor-sharp blades.

Race Lynn: A group of strategists good at developing strategy and commanding, resourceful, ingenious, and loyal to the race Asei Tai.

Race Kim: They are pioneers who are always at the forefront of wars. Fighting against them may only lead to losing ground, eventually in shreds.

(The probability of obtaining a specific race NFT ticket after opening a mystery box: Dan- 33%, Lynn-33% and Kim-34%.)

Whatever race NFT you obtain from a mystery box, you will be the lucky one to hold it as a ticket to your journey in the MXBOX GameFi — Genesis War. Typically, the higher level of NFT will provide you with an edge in game victory ratio and push up the efficiency of looting MXBOX.

According to the reward mechanism, a higher victory ratio is followed by more $UNO tokens as in-game rewards. Nevertheless, the benefits of NFTs holding are not confined to NFT games. Their holders will be entitled to access other benefits like pre-mint access, vote, governance, etc.

How to be whitelisted?

There is an array of community activities giving away whitelist spots, $UNO tokens, free NFT passes, etc. You’re welcome to enter to win by finishing tasks based on the rules.

Ongoing campaigns:

WL Giveaway (ends: 11 July)

MXBOX Art and Meme Contest (ends: 15 July)

As one of the community-driven projects, MXBOX attaches importance to launching popular activities on various platforms from Telegram, and Twitter to Discord with generous bonuses. All members stand to win with ease.

What you need to know about MXBOX NFTs

The airdropped NFTs are not the same as Genesis Avatar NFTs. Compared to free NFTs in the airdrop, Genesis Avatar ones, which will be launched on 18 July, enjoy additional perks as follows:

• Guarantee a higher yield rate of $MXBOX tokens
• One-time airdrop of 10,000 $UNO per address for holders (after the token goes live)
• Purchase priority of the miner MXBOX
• Equipment NFT Pre-mint
• Join the pre-selected whitelist to be a community ambassador (Mining speed will subsequently rise if you are an ambassador.)
• Priority to becoming a node validator and enjoying returns from TreasureDAO.

See also: https://mxbox.medium.com/genesis-avatar-nft-e8ad405afda7

Please continue to keep an eye on the follow-up development of MXBOX project and the latest progress of MXBOX NFTs airdrop.

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NFTs are short for non-fungible tokens, each of which enjoys an exclusive serial number that confers ownership on whoever holds it. They are unique and cannot be duplicated or copied because of their minting process that converts and verifies ownership of the crypto asset using a smart contract on the blockchain. Although NFTs have been around for years, it seems that their real prominence can be traced back to the time when the NFT art Everydays: The First 5000 Days was sold for $69.3million in March 2021. Nowadays, they have developed into an eminently lucrative aspect of cryptocurrency investment.

With the growing popularity of NFTs, some of them have become the elite in this sector. They are billed as blue-chip NFTs. As far as we’re concerned, blue-chip stocks are stocks from well-grounded companies with a record for dependability, quality, and stability in the face of financial volatility. Likewise, blue-chip NFTs futures quality, reliability and stability regardless of price action in the cryptocurrency market. Normally, if an NFT project obtains the tag blue-chip, it will also gain a certain reputation.

Some of the most established blue chip NFTs are CryptoPunk, Bored Ape Yacht Club, Cool Cats, etc. However, the overwhelming majority of ordinary investors are not affordable to their prices. As shown in the image below, the top floor price displayed in real-time on the OpenSea marketplace stands at as high as 90.5 ETH, worth nearly $96,034.

Nevertheless, there are some NFTs with the potential of becoming blue chip NFTs in the future, which are cheaper to purchase for now. But considering the fact that there are rug pull scams flooding the market, we’re obliged to be careful when recognizing and investing in a possible blue chip NFT project.

The following shows some of the critical factors to look out for in a potential blue-chip NFT:

● Long-term value

● Adequate trading activity

● Utility of the NFTs

● Originality

● Community-driven

Does MXBOX have the potential of becoming a blue-chip NFT project in the future?

Let’s dive into this question from the aforementioned characteristics:

● Long-term value: MXBOX Avatar NFTs play a crucial part in enhancing the mining efficiency of ‘MXBOX’ miners. The higher level of your NFT, the more $MXBOX tokens you will mine. Considering the supply rule that there are only 210M $MXBOX in total and every 2 years the amount is reduced by half of the total amount till it is fully mined, $MXBOX could see a highly possible rise in its value for long-term holding. To put it another way, investors who hold MXBOX Avatar NFTs long-term will enjoy great returns from NFTs and $MXBOX selling.

● Adequate trading activity: We can’t see the MXBOX NFTs trading activity right now because they are estimated to issue in Mid July. Considering that MXBOX is the first of its kind, the aggregated public interface involving GameFi, NFT, SocialFi and DeFi for Metaverse, open to supporting enhanced reality products such as VR/AR, revolutionary HCI, etc, there’s a high possibility to see MXBOX project thriving in the future with more trading activity in its NFTs.

● Utility of the NFTs: The MXBOX Avatar NFTs have an extensive utility such as ownership of characters in GameFi, exclusive airdrop, mining efficiency rise, pre-mint access, vote and governance, etc. Furthermore, Genesis Avatar NFTs holder has priority to becoming a node validator and enjoying returns from TreasureDAO.

See more: https://mxbox.medium.com/genesis-avatar-nft-e8ad405afda7

● Originality: There is a range of copycats in NFTs projects as NFTs market seems bankable and lucrative. But a blue-chip NFT should be original one while showing promises of providing long-term returns on its investment, rather than a derivative of another famous project. As the first aggregated public interface involving GameFi, NFT, SocialFi, and DeFi for Metaverse, MXBOX pays more attention to the long-term architecture of its ecosystem, adhering to its originality in features, GameFi, NFT utility and so on. That also means the project is not a flash in a pan.

● Community-driven: Driving community also constitutes one of the qualities a blue-chip project has. A vast number of members gather in the MXBOX community in which they could be encouraged by diverse giveaways. Furthermore, MXBOX offers exclusive benefits to its WL members who will have many freebies. And the latest NFTs airdrop (Genesis Avarter NFTs excluded) for WL will be on 18 July.

Closing thought:

This article sheds light on what a potential NFT project might look like, and what elements it might entail. While the market still seems to be in correction, it’s significant for investors to spot a possible project with the potential of receiving the tag blue chip. Will MXBOX pick up massive steam in the upcoming month? Let’s keep watching…

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[TL; DR]

1. Everydays: The First 5000 Days was sold for $69.3million in March 2021, and that’s when NFT projects were springing up.
2. Non-fungible tokens, or NFTs, are unique digital certificate that functions as proof of ownership, or authenticity, of digital assets.
3. The current NFT market has set the stage for an array of large enterprises in traditional sectors.
4. Although the market appears to be volatile so far, a promising NFTs project is imperative for investors in pursuit of stable passive income.
5. Earning passive income for holding MXBOX avatar NFTs despite the choppy market.

NFTs marketplace began to be explosive with wider attention from a growing number of people after the NFT artwork, Everydays: The First 5000 Days, created by Mike Winkelmann, known professionally as Beeple, was sold for $69.3million in March 2021, and that’s when NFT projects were springing up. Whether they are comprehensive platforms or projects focusing on art, music, sports or games, they can always be seen racing to the market and joining competitions.

However, investors’ sentiment is badly affected after the cryptocurrency market tumbled a lot since negative news like the Russia-Ukraine conflict, FED rate hike, Covid-19 resurgence, etc. Is NFTs investment still bankable under this circumstance? Let’s dive into this question.

First, let’s take a brief look at the development of NFT.

Non-fungible tokens, or NFTs, are unique digital certificate that functions as proof of ownership, or authenticity, of digital assets. They are valued differently based on their unique attributes and scarcity.

The NFT contract standard was proposed by Shirley, the founder of the CryptoKitties, in 2017, and the CryptoKitties NFTs rose rapidly in their prices with the increase in participants against the backdrop of the overall bull market at the time. The first NFT boom, however, was mainly driven by the CryptoKitties game, and the market share of NFT transactions outside of CryptoKitties was low. This suggested an immature NFT ecosystem.

In 2021, NFT saw a second explosion, and since then, NFT has gradually developed into a new model of social networking in the digital world. The current NFT market has set the stage for an array of large enterprises in traditional sectors, such as Sotheby’s, Christie’s and Twitter, etc. As a growing number of brands and celebrities are involved, popularity in NFT continues to ascend, which is different from the first NFT boom as mentioned above.

But what will you do with your NFT when your investment sentiment is badly affected by a negative market trend?

After acquiring NFTs, there’s unspoken fear over the possibility of not selling or recouping your costs. And the virality of floor prices suddenly going down may leave a sour taste in the mouth of holders. Do these fears suffice as enough reasons to abandon the chance NFT offers to investors? No. There are more ways you can earn passive income from NFTs other than selling. Now let’s dive into how to earn revenues for holding MXBOX avatar NFTs despite the volatile market.

To begin with it, we need to get across the correlation between MXBOX miner and the NFT game. The game is closely bound up with the mining efficiency of miner MXBOX. For one thing, due to the reasonable rewards mechanism in the game, users are able to earn many UNO tokens as rewards which can be used to level up NFT. For another thing, NFTs upgrade will push up the mining efficiency of miners and in-game win ratio. Additionally, there are four kinds of Avatar NFTs representing 4 races, each of which comes with 4 levels.

In a nutshell, the higher the NFT level, the more the amount of MXBOX mined. It seems like the butterfly effect, small changes in initial conditions can lead to large-scale changes in outcomes. Notably, there are only 210M $MXBOX in total, and every 2 years the amount is reduced by half of the total amount till it is fully mined, which is beneficial to its increasing value in terms of long-term holding. Even though the NFT market is seen in a correction, investors are able to earn more MXBOX from their miners by upgrading NFTs.

Conclusion:

NFT is increasingly accepted to show personality and identity. Although the market appears to be volatile so far, a promising NFTs project is imperative for investors in pursuit of stable passive income. Are the NFTs markets holding up in the coming weeks? Let’s stay tuned!

To Stay Updated With MXBOX Announcements and Development:

Check the most recent: UNO is listed on CoinMarketCap and Coingecko.

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Here are MXBOX AMA recaps for your reference:

AMA RECAP #1

AMA RECAP #2

We are grateful for these questions and those who posted them, which help users have a fair knowledge of the project.

The most impressive question will be “There are many types of Play 2 Earn games on the market today. So how is #MXBOX different from other multi-chain NFT games?” That’s definitely what we should take into account when creating the game. Now, we share the answer here.

Most of the NFT games only focus on profit with P2E, but for our games, we are focusing on player experience and profit factors. In the world of Genesis War, everyone will be the one defending their races and lands. It’s not just a war, but a war of survival, a war of the future. In addition to the appealing game scenarios and stories, photorealistic graphics and aesthetics are also our strengths. What’s more, our NFT P2E game is closely bound up with the mining efficiency of miner MXBOX. For one thing, due to the reasonable rewards mechanism in the game, users are able to earn many UNO tokens as rewards which can be used to level up NFT. For another thing, NFTs upgrade will push up the mining efficiency of miners and in-game win ratio. NFT level, UNO, amount of MXBOX mined and game win rate work together for the ecosystem of our GameFi.

If you have any questions concerning MXBOX project, you are welcome to join us in the new AMA session which will be live soon and we’d like to share answers and blaze a new trait of investment for you.

Stay tuned for the upcoming AMA!

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About MXBOX

MXBOX, open to supporting enhanced reality products such as VR/AR, next-gen sensors and revolutionary HCI, aims to create an entrance to Metaverse and bridge the gap between the physical and virtual world. It’s considered not only a physical mining machine but also the first aggregated public interface involving GameFi, NFT, SocialFi and DeFi built on Web3, with 2 kinds of consensus algorithms leveraged, PoS(Proof of Space) and PoA(Proof of Activity).

MXBOX, based on the BNB chain, with $MXBOX as the governance token, and $UNO as the utility token. To increase the value of MXBOX, its initial mining capacity is 100%, and every 2 years the amount is reduced by half of the total amount till it is fully mined.

MXBOX’s Role in Metaverse

The word “Metaverse” combines two words, the prefix “Meta” meaning “ after” and the suffix “Verse” meaning “universe”. In the simplest terms, the Metaverse is a collective virtual space shared by a group of people. In order for some of the virtual items within this world to have any value, people need to have true verifiable ownership of them, and this is where MXBOX avatar NFTs come in. In our GameFi — Genesis War, there will be Character NFTs and equipment NFTs in the phase of early development, and they are considered only tickets to enter the Metaverse created by MXBOX and to access other benefits in the MXBOX ecosystem like vote & governance, accelerating mining, among others. We can’t say we have broken limitations that stunted Metaverse but with the galloping development of technologies, we do provide users with a unique visualization environment that marries VR & AR technologies to create a new world with the physical and virtual world as well as digital information highly integrated. To put it another way, MXBOX is building everything you want in the Metaverse.

What’s Next for MXBOX?

As MXBOX is burgeoning, MXBOX Avatar NFT release, UNO listing and Game-Fi Genesis War online are on their way. The graphic below shows us a quick run-down of its roadmap.

MXBOX’s vision is to create a fully immersive 3D world that could replace the internet of today. With MXBOX, a pivotal entrance channel to the Metaverse, people can truly experience another world integrating NFT Avatar, GameFi, SocialFi, and DeFi.

Imagine that in the near future, all the people around us could communicate with each other through the virtual world, bridging the distance in a way that we didn’t know before. Generally speaking, MXBOX will play a crucial role in proving the Metaverse the future of the internet. So, what will MXBOX bring to the year 2022? Stay tuned!

Find us:

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1. What is MXBOX Avatar NFT?

With its Identity Scenario Layer at MXBOX, Avatar NFT is performed as an entrance voucher to access other benefits in the MXBOX ecosystem: mining speed up, whitelist, airdrop, pre-mint access, vote and governance.

2. How many Avatar NFTs are there?

Currently, there are only 1000 Genesis Avatar NFTs available.

3. What are the benefits of holding Genesis Avatar NFT?

$UNO airdrop, only available to the original wallet address, will remain available until the MXBOX GameFi is officially launched, with other benefits unchanged.

4. What are the extra benefits of buying the Genesis Avatar NFT mystery box?

Genesis Avatar NFT, as the first Genesis NFT in our project, enjoys a limited amount with 1000 NFTs featuring various levels. Without further issue, it’s employed to prove that you are one of the earliest community members. In addition to the regular benefits mentioned above, Genesis Avatar NFT users will earn rewards as shown below:

• One-time airdrop of 10,000 $UNO per address for holders (after the token goes live)
• Purchase priority of the miner MXBOX
• Equipment NFT Pre-mint
• Join the pre-selected whitelist to be a community ambassador (Mining speed will subsequently rise if you are an ambassador.)
• Priority to becoming a node validator and enjoying returns from TreasureDAO.

The above benefits for holding Genesis Avatar NFT only belong to holders of the original NFT address wallet and will not be valid if transferred or sold.

5. What is UNO? What roles does it play in the MXBOX ecosystem?

As the utility token in the MXBOX Metaverse ecosystem, UNO, serving in the scenario of the MXBOX ecosystem, can be traded and employed to add more liquidity.

What’s more, consuming UNO plays a crucial part in repairing, upgrading and synthesizing NFTs.

As you can see, UNO serves as a utility token in the application scenario, and you can earn UNO tokens when participating in airdrops, winning rewards or performing trading. There are no mining tasks necessary.

6. When can I mint NFT? And where?

Quantity: 1000 Genesis Avatar NFT mystery boxes

Pre-mint price: 1.5 BNB

Public mint price: 2 BNB

Pre-mint time: TBD

Public mint time: 2 hours after the pre-mint

Mint link: https://mxbox.io/

7. How can I be free mint or pre-mint whitelists?

• Complete some community tasks and become designated roles before applying: https://discord.gg/QHFygzTy8f
• Enter occasional lucky draws in the community.
• Participate in MXBOX project promotion tasks.

Stay tuned and follow for more updates:

Website | Twitter | Discord | Telegram Announcement | Telegram Community

What is MXBOX ?

MXBOX MXBOX is the first aggregated public interface of GameFi+NFT+SocialFi+DeFI in the world, which also combines software and hardware and introduces LOT smart devices as virtual reality physical machine, which is the key to open a new era of Metaverse.

Which public chain are MXBOX attached to?

We build MXBOX metaverse based on BNB chain at now，will consider others public chain in future.

What is MXBOX Avatar NFT?

Its Identity Scenario Layer at MXBOX, users holding our NFT as an entrance voucher to access other benefits in MXBOX ecosystem: mining speed up, whitelist, pre-mint access, vote and governance.

When does avatar NFT launch ?

We have completed the four Genesisverse Avatar NFT, and the latest news about avatar NFT mystery box will be released by the end of May.

When does gamefi launch?

The DEV team has finished the architecture of the gamefi, currently in the testing phase, and we will update in June.

When will the MXBOX physical box be released?

The first generation of MXBOX physical machine to be released in July or August.

When will the rest of the ecosystem to be completed?

Please check out the roadmap:

Are there any airdrop events right now?

At present the only airdrop events is that you must join our official community to get a role-play identity , then you will have the appropriate airdrop rewards, such as WHITELIST (WL), NFT WHITELIST , and other FREE AIRDROP WHITELIST.

👉Join discord community: https://discord.gg/QHFygzTy8f

Does MXBOX launch any token ? where can i buy?

In the future, MXBOX will have two different tokens, which are:

Token name: MXBOX

• Token symbol: MXBOX
• Total supply: 210,000,000
• Supple Rule: The initial mining capacity is 100%, and every 2 years the amount is reduced by half of the total amount till it is fully mined.

Token Name: Unobtainium

• Token Symbol: UNO
• Total Supply: TBD
• Token function: Feature consumption tokens in the MOBOX Ecosystem.

WARRING: WE DO NOT ISSUE ANY TOKEN NOW, PLEASE KEEP AWAYS FROM SCAM AND FAKE.

Stay tuned and follow for more updated:

Website | Twitter | Discord | Telegram Announcement | Telegram Community