What are Magical Blocks? (MBLK)
Magical Blocks (MBLK) are an ERC20 utility token on the Ethereum network and are the main in-game currency in Legends of Bezogia and all future Bezoge Earth titles. Players earn MBLK by killing enemies, completing quests and as a reward for staking their BEZOGE tokens.
MBLK can be used in-game for the following use cases:
- Minting weapons, armor and consumable items
- Entry to PVP arenas
- Summoning/Breeding more Bezogi NFT characters
- Buying XP boosts
- Paying for NFT items, characters and skins in Bull/Bear Market (in-game NFT secondary marketplace)
Introduction to MBLK Magical Blocks (MBLK) will be the main in-game token used within the Legends of Bezogia MMORPG and metaverse, and all future titles by Bezoge Earth. MBLK, unlike any other digital asset, is the first ever offering in the industry which boasts over 30,000 holders of its native governance token (BEZOGE) as well as a product already in its late stage ready to deploy its MVP. An investment of over $3,000,000 has already been spent on development and marketing over the past year since inception.
The tokenomics of $MLBK is intentionally structured to always create and maintain a stronger demand for the token than the supply available. A total of 10.5% of the MBLK supply will be sold in the fund raising rounds. Majority of the supply will distribute in-game over years as well as the smaller allocations for the liquidity provisions and the team will have long term cliff periods as well as release schedules ensuring more demand than supply at every stage for years to come.