Resources
MOBOX PLATFORM
Ecosystem
Tokenomics
GEM System
1. What is GEM
GEM is a game item on the MOBOX platform, which can be added onto the MOMO NFTs.
2. How to get GEM
Market
From market click on GEM and choose the gem you needed.
Get GEM's through raffle, rules shown below.
From MOMO farmer find raffle event, follow the step shown below.
3. MOMO GEM setting
Only rare and epic MOMO can be set with gems.
Each MOMO has fixed 4 GEM positions. The four positions can only be inlaid with green, blue, yellow and red GEM respectively. The gems embedded in MOMO can be removed.
4. Level of GEM
The level of gems is 1~9.
5. Gem Upgrade
Every 3 low-level gems can upgrade to 1 high-level gem.
6. Gem trading
Gems can be traded individually or inlaid on MOMO of ERC721 to trade together.
7. Rules
1 Gems are BEP-1155 standard NFT tokens. The gem lottery is opened once a week.
2. There are two types of gem lottery: hash power lottery and veMBOX lottery. Users that meet the requirements can participate in both lotteries at the same time. The same wallet address can participate in both lotteries once.
3. Each Lottery Ticket = $10 BUSD equivalent in MBOX tokens. Starting from Round 4, Gem lottery unit price = Previous week average price / 5. The amount of MBOX required for a certain Lottery Phase will be set as soon as the first ticket is purchased. For each Lottery Ticket purchased, the corresponding amount of MBOX will be frozen. At the end of the Lottery Phase, any remaining MBOX tokens can be reclaimed.
4.The number of gems placed in Hash power lottery and veMBOX lottery is independent of each other, and is related to the total number of lotteries.
The total number of gems placed in each phase of hash power lotteries starts at 200. Lottery Phases will start with Red, Green, Blue, and Gold Gems, placed in equal proportions. When the total number of hash power tickets reaches a certain number, the total number of gems placed will also increase according to the following table:
Total number of hash power tickets
Total number of hash power gems
≤1000
200
≤3000
400
≤6000
600
≤12000
800
＞12000
1000
The total number of gems placed in each phase of veMBOX lotteries starts at 400, Lottery Phases will start with Red, Green, Blue, and Gold Gems, placed in equal proportions. When the total number of veMBOX tickets reaches a certain number, the total number of gems placed will also increase according to the following table:
Total number of veMBOX lotteries
Total number of veMBOX gems
≤5000
400
≤10000
800
≤20000
1200
≤40000
1600
＞40000
2000
5. In the hash power lottery, the ratio between individual hash power and the number of gems that can be won is shown in the following table.
Hash power requirements
Number of gems
≥300
1
≥1000
3
≥3000
5
≥10000
7
≥20000
10
≥50000
12
6. In the veMBOX lottery, the ratio between individual veMBOX and the number of gems that can be won is shown in the following table.
veMBOX requirements
Number of gems
≥1500
2
≥9000
10
≥45000
20
≥120000
30
≥300000
40
≥600000
50
7. According to the market, the subsequent hash power and veMBOX requirements may be adjusted.
8. All MBOX consumed by the gem lotteries will be burned!
9. Using Smart Contracts to participate in the Gem Lottery is prohibited.
10. Future rules for gem lottery will be determined by the community using veMBOX to vote.
11. Unclaimed gems will remain for 8 lottery phases. After 8 phases, the gems will be destroyed and the MBOX used will be returned. Claim your Gems as soon as possible.
12. Note: Claim current gems from gem bag as soon as possible. At the start of this new phase, any unclaimed gems will be destroyed!
Last modified 1mo ago