LOS ANGELES – JULY 13, 2023 – MARBLEX, a blockchain subsidiary of leading mobile game developer and publisher Netmarble, announced plans to burn up to 67 percent of its 1 billion worth of MBX tokens from its unplanned distribution supply. To be announced on CoinMarketCap, Xangle, and MBX’s official websites prior to the burning event, this is part of the company’s strategy to optimize tokenomics and reinforce the MARBLEX ecosystem, further fostering sustainability and credibility.
The company previously submitted this tokenomics optimization proposal to NFT ‘MARBLERSHIP’ members and MBX token holders, allowing them to vote on the measure. Between July 4th and July 10th, the MBX burning plan received overwhelming support, with 99 percent of holders expressing support for the proposal.
MARBLEX will progressively integrate a revamped tokenomics strategy aimed at significantly reducing uncertainty surrounding MBX tokenomics and improving overall transparency of the ecosystem among its global users.
Fans worldwide can enjoy the MBX ecosystem as part of Netmarble’s Meta World: My City, A3: Still Alive, Ni no Kuni: Cross Worlds and The King of Fighters: ARENA. MARBLEX will continue to implement its proprietary blockchain ecosystem into upcoming titles through ongoing updates.
More information can be found on the MARBLEX’s official website, Medium, Telegram, Twitter, and Facebook page.
About MARBLEX
MARBLEX is a blockchain-powered subsidiary of Netmarble Corp. Netmarble Corp. is a well-established developer and publisher of mobile games, comprised of more than 6,000 game industry veterans and blockchain technology experts from across the globe. MARBLEX aims to bring the highest quality blockchain games to market by providing key services such as a cryptocurrency wallet, decentralized exchange, token staking and an NFT Marketplace. MBX, a proprietary blockchain ecosystem launched by MARBLEX, allows gamers to advance their experiences through organic engagement and rewards for participation. The MBX ecosystem can be enjoyed as part of popular Netmarble titles, such as A3: Still Alive, Ni no Kuni: Cross Worlds and The King of Fighters Arena.
About MBX Token
MBX is a public token that has a market value in the public chains for MBX, a proprietary blockchain ecosystem launched by MARBLEX (a blockchain subsidiary of Netmarble Corp.). In an effort to maintain sustainability, MBX focuses on publishing-oriented partnerships to ensure quality games and content. It also introduces a diversified return policy that utilizes a portion of in-game sales, along with a burning model to enhance transferability. MBX can be found through leading cryptocurrency exchanges. For more information, visit https://www.marblex.io/en.
