# MOBOX: Open Defi + Game-fi Box in MONOVERSE **Published by:** [BitMetis](https://paragraph.com/@bitmetis/) **Published on:** 2022-06-15 **URL:** https://paragraph.com/@bitmetis/mobox-open-defi-game-fi-box-in-monoverse ## Content Author: @BitMetis | BitReport Your Source of Reliable, Unbiased Research and Due DiligenceBitMetis Review: Gameplay: Free to play; Various games; Diversified; Easy to play; Ordinary UI interface design Tokenomics: High percentage to communities; Fair programs with no seed and investors allocation; The price of the $MBOX fell by 5X+ NFT: The price is high and the current NFT price is stable with increasing numbers; Various co-brand NFTs Community: Large-scale community; But community operation goes to seed recently causing the decrease in activity and participation Investor & Team: It has attracted top VCs in the world like Binance LabsIntroduction MOBOX is a community-driven GameFi platform empowering users by rewarding them for their engagement and enjoyment in Binance chain. MOBOX is committed to becoming the next epoch-making decentralized, community-driven, developer-friendly GameFi platform.GameplayMOMO Farmer Users can stake MBOX/BNB LPs into the MOBOX Crates to farm MBOX tokens. With the MBOX tokens users receive, they can stake them as veMBOX which unlocks a wide range of weekly raffle draws where they have a chance to win Mystery Boxes containing random NFTs.Liquid miningMOMO miningTreasure box purchaseIn addition to Momoverse's gameplay, MOBOX has also developed many kinds of games as a game platform as shown below:Block Brawler:RPGToken Master: Casual turn-based idle gameChainz Arena: RPGNFT IntroductionMystery Box ($BOX+ $KEY)The Mystery BOX is an NFT blind box which aims to get a MOMO with random quality and hash power according to the probability.MOMO Currently, the floor price of MOMO is 9 BUSD with the listed account of 740,494. We can see from the following chart that the total amount of transactions reached 234+ millions which is relatively optimistic.Ways to mint the MOMO 1. Mystery box There are a total of 25,000 Boxes available on the marketplace, with a price of $20 for each Mystery BOX. In those 25,000 Boxes (1500 reserved for Community) that are available the following will appear:2.A BOX or KEY (to open the chest, you don't need to buy the chest separately).Momoverse AvatarThe floor price of Avatar is 4.85 USD with the listed account of 2,000,219. The trade volume and FP of Mobox is always considerable and even it ranked the MVB Top 10 in BSC. Currently, the NFT trade volume has reached $355,751,036 and the NFTs minted has reached $1,529,543. One thing should be mentioned that the most expensive NFT sold at $1,500,000.TokenomicsMBOXMBOX is the native functional token for the following functions:In-game currency:awards for gamesGovernance: VoteLP stakingNFT mystery boxMOMO NFT auction:Bid limited Legendary MOMO NFTThe total supply of MBOX is 1,000,000,000 which is distributed within five years on a sequentially decreasing pattern as below. Beginning year 6, 50,000,000 new MBOX tokens may be minted depending on community vote.Currently, the price of MBOX is $0.83 which is almost close to the lowest price of the year, and the price has been in a downturn for a long time. The price on April 9, 2021 is around $4 higher than the current price. However, since the release of MBOX, the highest price has reached $15+.Now let’s see the token allocation of MBOX in the following:As mentioned above, MBOX is distributed in annual and proportionate terms. 51% $MBOX is allocated to the community which is relatively high, while MOBOX allocated 204,000,000 to the community in the first year. In addition, $MBOX was not issued in the form of IDO, so there is no concrete information about the initial price of $MBOX.VeMBOXVeMBOX is the voting token for important decisions on the MOBOX platform in the future, and can only be obtained by staking MBOX.Platform governance rightsBoost liquidity mining income (3x bonus)Necessary conditions for participating in the super raffle (get mysterious Box)CommunityThere are 306.7K followers on Twitter and 10,460 followers in Discord. And the whale's followers are just 22. Since the bear market, the operation team has not taken actions to retain and activate users which is also the reason for recent users’ complaints. Therefore, the daily activity of both discord and Twitter has recently been below 100. But the activity and popularity is relatively considerable. Let's take the April Community Data as an example:On average, each Tweet has around 40K views and a maximum view of 100K+ with 8K LikesAverage activity 300+ for all tweets in AprilThe average number of participants about the giveaway is 3K+Discord's situation is largely the same as Twitter. The current Discord daily activity rate is around 0.09% with 10 people active. And the community atmosphere is general and mostly complaining. However, take April for example, there are 200+ daily active users with high-quality. Therefore, the community is in a downturn by all accounts. Reasons analyzed below:The effects of the bear market have led to discouragement among playersThe price of MBOX has been in a downward trendCommunity operations go to seedFounders and BackersThe MOBOX team has developed dApps since 2017, with secure Smart Contracts transferring funds of over $2.5 billion USDT. MOBOX has also established long-term partnerships with world-class gaming platforms and organizations, like DAppRadar and the Alliance. Moreover, MOBOX partnered with Binance NFT to set up an incubation fund-METAfund. The potential and prospects of MOBOX can be seen from investors: who are Top VCs with strong backgrounds and have invested in a variety of first-class projects. Let’s cite the following VC for example:Binance Labs–Strategic investor of mobox, the venture capital and innovation incubator of Binance, invested in Elfin Kingdom, STEPN, Forbes etc,.YGG–Decentralized game guild, aims to develop the world's largest virtual economy, invested in Axie Infinity, Illuvium etc,.SummaryMOBOX covers a wide range of games which ranked the Top 10 project in BSCToken allocation is reasonable and has a fair mechanism (no presale and seed round)MOBOX is backed by Top VC and its partners are influential in the worldThe community is large but the operations team is overwhelmingly influenced by the bear market, which results in a sharp decrease in activity*The above content is derived from the real data of 2022/5/20 (for reference only). The specific data is subject to the real-time data BitMetis Review: Gameplay: Free to play; Various games; Diversified; Easy to play; Ordinary UI interface design Tokenomics: High percentage to communities; Fair programs with no seed and investors allocation; The price of the $MBOX fell by 5X+ NFT: The price is high and the current NFT price is stable with increasing numbers; Various co-brand NFTs Community: Large-scale community; But community operation goes to seed recently causing the decrease in activity and participation Investor & Team: It has attracted top VCs in the world like Binance LabsPlease Note: the above content analysis is only for Reference information, not as a basis for investment decision-making. Bitmetis and the author of the report will not be responsible for the user's investment results. BitMetis The world's first decentralized Game-Fi distribution platform. We aim to build a bridge to connect every aspect of metaverse. 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