MetaBlox’s Cloud Mining NFT

Web3 project MetaBlox has caught the NFT world’s attention with its new utility-based NFT.

MetaBlox’s Genesis NFT rewards holders with $MBLX tokens via two main utilities: cloud mining and NFT staking…

With the cloud mining utility, every NFT secures the $MBLX tokens issued by a MetaBlox miner. These miners are not traditional ASIC rigs, but instead routers which provide WiFi connections at different locations worldwide.

The more WiFi connections a MetaBlox miner establishes, the more tokens it issues. MetaBlox has installed the NFT-pegged routers at busy WiFi locations, maximizing token yields for NFT holders.

MetaBlox NFT holders also don’t face any of the costs associated with mining like energy or maintenance. You simply keep the NFT in a crypto wallets to earn ongoing tokens that will be available for withdrawal daily on MetaBlox’s website.

NFT staking compounds the rewards Genesis holders get. In addition to tokens from cloud mining, you can deposit your NFT into a staking pool on MetaBlox’s site for extra tokens.

Daily staking tokens are deposited into your account during staking, and after removing the NFT from staking, those tokens will also become available for withdrawal.

Cloud mining and staking lets Genesis holders ‘double dip’ into daily tokens, giving the collection a strong value proposition.

The ability to claim ongoing tokens without the risk of operating a physical miner, alongside the extra rewards from staking, will be appealing to many enthusiasts looking for a strong utility-based NFT.

But there’s more.

The Genesis NFT is a part of the Web3 ecosystem MetaBlox is building using its blockchain-based network protocol. A community of different projects, groups, and users is forming around this ecosystem, and the Genesis NFT is proof of the holder’s OG membership in it.

That special status comes with the following benefits:

-VIP status at special events held by MetaBlox and its partners
-Special airdrops from GameFi partners
-Boosted mining incomes from DeFi partners
-Discounted price for using the MetaBlox network for business
-Stronger voting rights in community governance

After selling out on Binance during the first week of its release, MetaBlox’s Genesis NFT collection is currently available on OpenSea.

Explore the collection more on MetaBlox's website.