MarbleX (MBX), a project of South Korea-based mobile game developer Netmarble, is a gaming blockchain ecosystem built on the Klaytn blockchain.
Marblex(MBX) is the Gaming Blockchain Ecosystem
When Netmarble launched the Marblex project, it aimed to provide more exciting experiences by incorporating blockchain into the mobile games it creates. The ecosystem is designed to reward and entertain all players and encourage the use of blockchain.
The project is built on the Klaytn blockchain, which ensures reliability, transparency, and high speed. The ecosystem aims to provide players with long-term and sustainable earnings through the MBX token.
About Netmarble
Netmarble is a South Korea-based mobile game production company founded in 2000. The South Korean-based company is now one of the largest gaming companies in South Korea and has a total of 3500 employees. The company is the creator of games such as A3:Still Alive, Lineage2 Revolution, Paramanya, Seven Knights, and MARVEL Future Fight.
MarbleX Ecosystem
The platform ecosystem revolves around GameFi, DeFi, NFT, and Marblex Wallet. The company, which switched to MBX 2.0 shortly after its inception, currently provides many blockchain services.
MBX Wallet
It is a cryptocurrency wallet that can be easily downloaded from the Google Play Store and App Store, which the company launched shortly after its establishment. The wallet, which makes a great contribution to the ecosystem, has DEX and CEX features. After downloading and installing the wallet, users can use it in games such as A3:Still Alive.
Explorer
The Explorer feature is a Search application that allows you to check the transfer and status of games, tokens, and NFTs within the MBX ecosystem. Using Explorer, users can access games, tokens, and NFTs registered in the Klaytn or MBX ecosystem.
Launchpad
Launchpad is the first place where NFTs for games in the MBX ecosystem are sold. NFT sales are based on a subscription system. To participate in a presale, users must first connect a wallet and register on the Whitelist. To participate in the Whitelist, users need to complete some assignments. Although the tasks vary for each INO, there are basically three assignments. These are as follows:
- Staking: Users are asked to stake a certain amount of MBX tokens. Users who complete the staking process have completed a task for participation in the Whitelist and receive a certain amount of WL points.
- Possessing certain NFTs: Some INOs may require specific NFT requirements. NFT holders who meet the requirements are eligible to participate in the INO, and WL points are added.
- Social Action: These are tasks that require various obligations on platforms such as Twitter, Telegram, and Discord. These tasks can be things like following a Twitter account or subscribing to a Discord channel. Players who complete the specified tasks earn WL points.
WL scores are very significant for INO. Because if there are more whitelist applications than the number of winners at the end of INO, WL scores will come into play at this point. Winning users are ranked from highest to lowest according to their WL score.
Marketplace
This is where users can trade NFTs available in the MBX ecosystem. NFTs can be viewed in the My NFT tab. One of the most significant features of Marketplace is that it records the properties of in-game NFTs. In other words, users can view the in-game level, attributes, and other stats of an NFT from any game. There are three types of trading methods:
- Buy Now: If users confirm the price of an NFT listed by the seller, they can buy it directly without any additional action.
- Auction: For users who are undecided about the NFT price, NFT owners can start an auction to determine the NFT price. The highest bidder becomes the owner of the NFT.
- Make Offer: Users bid above or below the list price of an NFT. A user can offer the seller a different price for their NFT.
After executing trade transactions, users are required to pay a certain amount of commissions. These commissions are royalties and platform fees. Royalties vary between 0% and 2.5%, while platform fees are fixed at 2.5%.
MBX Token
The MBX token is the utility token of the platform at the top of the ecosystem. The total supply of the token is 1,000,000,000, and its distribution is as follows:
- Ecosystem & Community %75
- Token Sale %10
- Team %10
- Marketing %5
Ecosystem and community shares, which account for 75% of the token distribution, are divided into 50% community, 40% ecosystem, and 10% other.
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