MetaBlox is capitalizing on the Roblox platform to innovate and transform the landscape of GameFi utilizing the $MBX token.
In Brief
GameFi studio MetaBlox has been utilizing the Roblox The platform has successfully developed and launched a select number of games, collectively racking up over 7 million gaming sessions, and building a community of more than 77,000 fans.
In an industry known for its profitability, Roblox truly shines with its staggering 65 million daily active users. MetaBlox's initial game has managed to attract over 1,000 players simultaneously each day, aligning with this growing trend.
The studio’s upward trajectory can be largely attributed to the launch and careful management of the $MBX token, an essential element in the financial ecosystem of MetaBlox games.
Strategic GameFi Initiatives by MetaBlox
Unique to MetaBlox's $MBX token is its revenue-sharing model, which grants earnings from game developments back to the token holders. Within just a fortnight, the total distributed has surpassed $4,600.
This token is beneficial as it allows holders to receive 80% of game profits, while 20% is dedicated to marketing efforts. A substantial 15% of $MBX has been burned, and a considerable fraction has been allocated for maintaining liquidity.
MetaBlox adopts a strategy of rolling out a new game every few weeks, emphasizing both quality and compatibility across devices. Their adept game development team, known for stellar rankings in the top-earning list on Roblox, backs this ambitious plan. Additionally, MetaBlox is keen on collaborating with influential Roblox developers and creators to further broaden its outreach. YouTubers GameFi is emerging as one of the leading narratives in this market surge, with an estimated target potential of $400 billion to capitalize on.
Among various GameFi projects, one that particularly stands out has already launched its games and boasts a user base of over 3 million players.
— Defi_Mochi (@defi_mochi) November 28, 2023
Curious about which GameFi project I'm referencing? 👀
MetaBlox is committed to consistently delivering well-polished games while maintaining transparency, with aspirations to become a major player in the GameFi landscape. Plans include providing token holders with a comprehensive revenue dashboard that offers real-time insights into the performance of all its games, ensuring complete transparency in financial operations.
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MetaBlox’s Future Plans
MetaBlox’s cutting-edge integration of the Roblox platform aims to forge a diverse GameFi ecosystem powered by the $MBX token, representing a noteworthy advancement. This strategy effectively leverages Roblox’s enormous user base while introducing innovative approaches to revenue sharing and game creation in the digital realm.
Do keep in mind that the information presented on this page is not meant to serve as legal, tax, investment, financial, or any other form of counsel. It’s crucial to invest only what you can afford to lose and consult a financial expert if you're uncertain. For additional guidance, consider reviewing the terms and conditions as well as the support resources provided by the issuer. MetaversePost strives for accuracy and impartial reporting, but please note that market conditions can shift without prior notice.
Disclaimer
In line with the Trust Project guidelines Nik is a seasoned analyst and writer at Metaverse Post, known for providing cutting-edge insights into the dynamic technology sector, with a spotlight on AI/ML, XR, VR, on-chain analytics, and blockchain innovations. His articles captivate and inform a wide-ranging audience, helping them stay ahead of the tech curve. Holding a Master’s degree in Economics and Management, Nik has a firm understanding of the subtleties within the business landscape and its interplay with emerging technologies.
