Introduction to GameBox | NFTs and GAME tokens.

GameBox Network
2 min readJun 5, 2021

Dear GameBox Community,

The GameBox is a virtual world where players can build, own, and monetize their gaming experiences in the Ethereum blockchain using NFTs and $GAME, the platform’s utility token.

GAME holders will be also able to participate in governance of the platform via a Decentralized Autonomous Organization (DAO), where they can exercise voting rights on key decisions of The GameBox ecosystem. As a player, you can create digital assets (Non-Fungible Tokens, aka NFTs), upload them to the marketplace, and drag-and-drop them to create game experiences with GameBox Network.

Players can collect tokens and resources and trade them with other players, creators, artists etc. on the platform. This business model is called play-to-earn, as anything they collect in the game is truly owned by players, they can trade it to other players (inside the marketplace or outside on other websites), transfer it to other players or even resell it through our currency $GAME.

What is $GAME Token?

$GAME is a utility token used in the GameBox Network ecosystem. We will release tokenomics as soon as possible to help the community better understand.

GameBox works by imposing a 10% tax on each transaction. This tax is used as follows: 5% is distributed immediately and without gas to $GAME holders. No need to farm or claim ownership, owners will simply need to see more $GAME tokens in their wallet. 5% is paired with BNB and automatically added to liquidity, thus constantly increasing the price of the $GAME token.

$GAME tokens can be used in GameBox Network’s ecosystem.

  • Transaction fee applied and distributed to holders automatically.
  • Redistributed to Liquidity Pool automatically.
  • Yield farming. NFT Marketplace ( Buy & Sell NFTs )

About GameBox Network

  • GameBox Network is a gaming virtual world on the Binance Smart Chain, with NFTs and $GAME tokens.

Join us:

--

--

GameBox Network

GameBox is a gaming virtual world on the Binance Smart Chain, with NFTs and $GAME tokens.