Unobtainium is a project that deserves review due to the token making it to top gainers chart on coinmarketcap. Nowadays, the cryptocurrency world is being driven by memes, shitcoins and non-functional tokens, created on several different networks and blockchains, which serve no purpose at all other than tricking users into trading those assets to create market fluctuations that are backed by no specific reason at all and are all artificially made. This mess must come to an end, and cryptoandreviews.com is here to do that.
The benefits of Unobtainium are closely linked to the utility of the tokens which will be reviewed on this article.
Cronos, PancakeSwap and The Sandbox all had a quick run up when they were introduced into the market. Many people invested in the initial idea while others didn’t. You know the rest of the story as of today.
Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.
A lot of investors have hurriedly delved into investing on a project they have little knowledge about Due to Fear Of Missing Out. So on this article, we will review Unobtainium token by explaining what the coin is about, tokenomics, Roadmap, ICO, staking insights of the project, listing the pros and cons, the supply and how legit/safe the token is for investment.
What is Unobtainium?
MXBOX, based on the BNB chain, is an aggregated public interface involving GameFi, NFT, SocialFi and DeFi for Metaverse. The network runs on Proof-of-Space (PoS), a cryptographic technique where users show a legitimate interest in a service by allocating unused hard drive space to solve a challenge presented by a service provider, and PoA (Proof of Activity) consensus mechanism, which aims to ensure that all transactions occurring on the blockchain are genuine.
This open-source project aims to create an entrance to the Metaverse with the physical world + virtual world + digital information highly integrated. It has two types of tokens, MXBOX and UNO. MXBOX token is designed as the governance token to ensure that owners can participate in the governance votes or operation of the network. UNO serves as the utility token that is mainly used for fees for processing transactions, NFTs upgrades and contributing to the architecture of Web 3.0.
There are 200,000,000.00 UNO in supply worldwide.
Pros and Cons of Unobtainium
Pros of Unobtainium
- There is a surge in the market price currently
- Project whitepaper available
- There is a community
- Contract on BNB Smart Chain (BEP20)
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
- Good navigational website – Unobtainium
Cons of Unobtainium
- The coin is still under research and development
- Multiple issues with its synchronizations between ledgers
- Not listed on some exchanges
- No Github profile
- They have no reddit account
- No Bitcointalk thread created
- No traceable features on tradingview
Is Unobtainium Legit or Scam?
A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.
According to research and reviews, Unobtainium have developed a problem solver but with a weak back up for the token they produce. Going through their community and roadmap about their project, their visions and aims have so far been achieved.
Is Unobtainium Safe?
Being willing to invest in any token is a question entirely up to you to answer. Unobtainium token has a formidable team and vision to backup their digital assets and project. The project will succeed but depends if the team keeps the vision active and alive.
Make personal research on the coin, visit coin’s official website.
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