ForthBox - A Mining Adventure!
ForthBox is just the kind of project I like, it's alike HeroCat which also uses NFTs which mine their own cryptocurrency. In ForthBox do you mint a NFT just by the transaction cost, no NFTs costing more than you grandmas house!. Forthbox will offer an adventure of a combined ecosystem of NFTs, DeFi, SocialFi and games. ForthBox is a cryptocurrency just recently released on BSC. This project got my heart directly I love projects giving you a passive income forever. I just love the concept of an NFT mining you coins 24/7, it's like real mining in a context you just dosen't need the laud equipment draining you a lot of electricity. Perfect for those not having the money to buy an ASIC.
How The NFT Mining Work In FortBox dApp
As told above do you mint the NFT which is called "HAM" just by a simple transaction, after you have minted your NFT must you stake it, you simply press on "stake" to procced with a transaction which accepts the staking smart contract for the NFT. Your NFT miner "HAM" starts with a hashrate of 1, your "HAM" has several stats does stats isn't for the mining part, it's stats for later when you can use your "HAM" in the upcoming game on ForthBox. Your NFT will have several use cases on ForthBox not just the mining of FBX tokens. Once this is done can you start to upgrade your "HAM" this will give you more hashrate thus giving you more FBX tokens.
The upgrades is an important part of the mining. Every upgrade will give your HAM 200 more in hashrate, you cannot upgrade all the time once you have done the first upgrade must you wait 12 hours to do another upgrade. The 12 hours is a rule between every upgrade, this is a good thing as it gives the FBX token a higher stability and whales are not able to max upgrade the HAM directly and take all rewards. This NFT minign is giving the small players a lovely chance of getting a good revenue mining FBX tokens.
Every upgrade will cost you FBX tokens as well as FORTH tokens FORTH is the governance token of Ampleforth. The cost per upgrade will differ from time to time as the price of FBX and FORTH moves. A upgrade in this time of moment will cost you 1,16 FORTH tokens and 37,67 FBX tokens and as told above gives you 200 more in hashrate. Myself has 5 "HAMS" in which I upgrade one of the the most. To have a few more HAMS will give me the opportunity to have more hashrate as the upgrades are limited to have 12 hours between. The time between upgrades is separate for every HAM.
Below is an image of the "HAM" (The NFT Miner Which Mien FBX tokens)

Summary
As many people enjoy this kind of DeFi projects do I think ForthBox has a lot of potential to grow in the upcoming months this will of course take the price of FBX upwards too. I find this project well enjoyable and rewarding, the project has by now only one of the features released which is the "HAM" minting which is an NFT mining you FBX tokens. As you see in the image will ForthBox release a lot of features which includes SocialFi, Game Center, Market and DeFi this is an ecosystem ready to grow!. I think this project will gain a lot of attention soon, it's rewarding and fun, fun because it's rewarding!. The price of FBX has surged well above 100% in recent days and has find stability around 0.21. When more features and more people join will FBX surge way more I'm confident on that.
To be early into this project will be rewarding in my sentence and as the "HAM" will have more use cases as well. You will aslo be able to sell your upgraded "HAM" on the market later as it is an NFT. So for now can i enjoy the gains of the mining and when I get tired of this project or it stop being as rewarding can I sell my "HAM" which will probably give me the same value back as I upgraded it for.
When you use my referral link to start your journey on ForthBox will you be given an advantage which is that you will get 5% commission (cashback) on every upgrade you do on your "HAM". this cashback is paid in both FORTH and FBX tokens. I will I get 10% commission on FORTH and FBX tokens too. This is rewarding for both you and me, the commission will later pay a part or a whole upgrade for the "HAM" which is very valuable.
To use my referral link, click here
Links:
ForthBox Website, click here
ForthBox Telegram, click here
ForthBox Medium Page, click here
ForthBox Twitter, click here
As more features is getting released on ForthBox will I provide more articles on those features and how to use them.
I hope you liked the article and find it somewhat informative!