Dear MOBOXers,
The $MDBL Fair Launch has successfully concluded! We’re immensely grateful for your support over the past 10 days.
The LBP (Liquidity Bootstrapping Pools), as our IDO strategy, demonstrated clear benefits:
- A significant portion of our community managed to buy at a more favorable price.
- A wider range of purchase sizes, enriching our holder base’s diversity.
- Attract genuine supporters who participated after thoughtful analysis.
Let’s recap the highlights and share some important updates.
Hightlights
We’re proud to be the link uniting Web3 Gamers and Bitcoin Native Community.
- Funds Raised: 106.50 M-BTC (excluding the initial liquidity of 3 M-BTC)
- Total Volume: 352.38 M-BTC
- LBP Distribution: 39.14% (no vesting)
- Demographics: 45% MOBOXers, 55% Bitcoin Native Newcomers
Plans for LBP Remaining Supply
During the 10-day LBP, 39.14% of the Total Supply was distributed to the community. Since we initially allocated 69% of the Total Supply to the Fair Launch, the remaining portion (29.86%) will be used as follows:
- Airdrop to LBP Participants: 10,500,000 $MDBL (0.50%)
- Airdrop to LBP Participants with Dragon Balls: 10,500,000 $MDBL (0.50%)
- Burn: Any unqualified or unclaimed $MDBL airdrop will be burned
- Initial DEX Liquidity: 63,000,000 $MDBL (3.00%)
- Treasury Fund: 543,060,000 $MDBL (25.86%)
LBP Funding Usage
The 106.50 M-BTC raised will be used as follows:
- 10% for Initial DEX Liquidity
- 10% for $MDBL Buyback Pool
- 80% for the development of Dragonverse Neo and MOSE Chain
$MDBL Airdrop Rules
A total of 21,000,000 $MDBL (1.00% of the Total Supply) is allocated to LBP Participants & Dragon Ball Holders.
🔗 Verify: https://dragonverseneo.mobox.app/events
Part I. Airdrop to LBP Participants
- Total Amount: 10,500,000 $MDBL (0.50%)
- Your Share: (Your $MDBL Balance / LBP Total Distribution) * 10,500,000
- Eligibility: LBP Participant Address with $MDBL Balance
- Snapshot Time: 8AM UTC, April 8, Monday
- Claim Date: April 23
Part II. Airdrop to LBP Participants Holding Dragon Balls
- Total Amount: 10,500,000 $MDBL (0.50%)
- Your Share: The Number of your Dragon Ball (or M-Dragon Ball) * 105
- Eligibility: 1️⃣ LBP Participant Address with over 1000 $MDBL balance; 2️⃣ Dragon ball Hodlers; 3️⃣ Verify both BTC & EVM address
- Snapshot Time: 8AM UTC, April 12, Friday
- Claim Date: April 23
Note: If you’ve staked Dragon Balls on Merlin Chain, please first claim the M-Dragon Balls before verification.
Claim M-Dragon Ball: https://merlinchain.io/mtoken
Part III. Burn
Any unqualified or unclaimed $MDBL airdrop will be burned.
M-Token Rewards
Participants who meet certain criteria are eligible for extra rewards of M-Bluebox & M-Musicbox
- Snapshot Time: 8AM UTC, April 8, Monday
- Claim Time: After the launch of M-Bluebox & M-Musicbox
Upcoming Major Development Timeline
- MOBOX 3rd Anniversary Event: Apr 12 — Apr 19
- $MDBL Liquidity Yield Announcement: Apr 22
- $MDBL Claim: Apr 23
- $MDBL Airdrop Distribution: Apr 23
- DEX Listing: Apr 23
- $MDBL Liquidity Yield Live : Apr 23
- MODragon Hatching: Early May
- Dragonverse Neo Beta Test: Early May
We’re deeply thankful to everyone who joined us on this remarkable journey. Stay connected with our official channels for more milestones.💛💙
Team MOBOX
April 9, 2024
