The Cryptobox is a virtual world where players can build, own, and monetize their gaming experiences in the Ethereum blockchain using CBOX, the platform’s utility token.
They are aiming to disrupt the existing game makers like Minecraft and Roblox by providing creators true ownership of their creations as non-fungible tokens (NFTs) and rewarding their participation with our utility token – CBOX.
Now you can get CBOX by participating in airdrop or pre-sale. After the pre-sale is completed, CBOX will be listed on Upbit, Coinbase, and Binance exchanges. The listing price is 1 CBOX = 10 USDT.
What Is Cryptobox?
The Cryptobox is a virtual Metaverse where players can play, build, own, and monetize their virtual experiences.
The Cryptobox is a virtual Metaverse where players can play, build, own, and monetize their virtual experiences. $CBOX is our main utility token that allows you to buy and sell LANDS and ASSETS in the Cryptobox metaverse.
What Is Cryptobox Metaverse?
Cryptobox Metaverse is a virtual world that utilizes blockchain technology. The goal of the Cryptobox Metaverse is to create a safe and secure environment for users to interact with each other.
The Cryptobox Metaverse is based on a map of 166,464 LANDS (408*408). LANDS are physical spaces in the Metaverse owned by players to create and monetize Games. LANDS are used to publish your game and can be rented to game creators.
Cryptobox empowers artists, creators, and players to build the platform they’ve always envisioned, providing them with the means to unleash their creativity.
$CBOX Token
$CBOX is our main utility token that allows you to buy and sell LANDS and ASSETS in the Cryptobox metaverse. You can also invest in your cryptocurrency and earn more CBOX.
CBOX is an essential part of The Cryptobox platform and we are working on establishing key mechanics that makes it intrinsically tied to The Cryptobox platform and its value. CBOX is an ERC-20 utility token built on the Ethereum blockchain that serves as the basis for transactions within The Cryptobox.
Also Read: Best Metaverse Business Ideas
CBOX Tokenomics
- Airdrop: 10,000,000 CBOX (10%)
- Pre-sale: 40,000,000 CBOX (40%)
- Foundation: 25,000,000 CBOX (25%)
- Project Partners: 5,000,000 CBOX (5%)
- Team & Further Development: 20,000,000 CBOX (20%)
CBOX Roadmap
CBOX Uses
1. Access The Cryptobox Platform
Players spend CBOX in order to play games, buy equipment, or customize their Avatar character. Creators spend CBOX to acquire ASSETS, LANDS, and through Staking.
LAND Sales drive demand for CBOX to purchase LANDS. Artists spend CBOX to upload ASSETS to the Marketplace and buy Gems for defining Rarity and Scarcity.
2. Governance
CBOX is a governance token that allows holders to participate in Governance decisions of the platform, using a DAO structure.
They can exercise voting rights on key elements such as Foundation grant attributions to content and game creators and feature prioritization on the platform Roadmap. CBOX owners can vote themselves or delegate voting rights to other players of their choice.
3. Staking
CBOX allows for staking, which allows for passive revenues on LANDS: you get more CBOX by staking it. This is also the only way to get valuable Gems and Catalysts, needed for ASSET creation
4. Fee Capture Model
Fee Capture model = 5% of all transaction volume carried out in CBOX tokens (Transaction Fees) shall be allocated with 50% to the Staking Pool as rewards for token holders that Stake CBOX tokens and 50% to the ”Foundation.”
5. Foundation
The role of the Foundation is to support the ecosystem of The Cryptobox, offering grants to incentivize high-quality content & game production on the platform.
The overall valuation of the metaverse grows through the valuation of all games funded by the Foundation, creating a virtuous circle to enable the funding of bigger games.
Also Read: How to Get Into The Metaverse?
Is Cryptobox.game Legit?
Cryptobox.game is still in pre-sale. So, we can not say whether it is legal or not. When users will get CBOX tokens and be listed on some exchanges then we can conclude about Cryptobox.
Cryptobox Lands
LANDS are blockchain-backed virtual tokens (using the ERC-721 standard for NFTs) representing physical parcels of The Cryptobox Metaverse. They allow players to own a portion of the Metaverse and thus be able to host content (ASSETS and GAMES).
The Cryptobox Metaverse is based on a map of 166,464 LANDS (408*408). LANDS are physical spaces in the Metaverse owned by players to create and monetize Games. LANDS are used to publish your game and can be rented to game creators.
Every LAND comes with a set of prebuilt terrains, but it can be terraformed and modified by the USER who owns it (or other PLAYERS they invite to work on it).
In the future, players will be able to combine LANDS together to form ESTATES In the future, ESTATES will have the potential to be owned by multiple players to form DISTRICTS.
