Understanding LBP: The Innovative $MDBL Fair Launch Method
We believe you have been eagerly anticipating details about the $MDBL fair launch!
$MDBL will adopt an innovative IDO method—Liquidity Bootstrapping Pool (#LBP)—to achieve:
- Fairer distribution: All $MDBL tokens are initially allocated to the community, with no reserved shares for the team or investors.
- Fairer launch: Everyone starts on an equal footing, with no privileges, no whitelist, and no early access.
- Fairer pricing: Prices will converge to a reasonable range based on real market demand.
As a team with over 6 years of experience in the blockchain gaming sector, MOBOX has built a thriving community. LBP creates a balance among new and existing members, as well as users with different levels of funding, allowing a broader range of participants to benefit and supporting MOBOX's commitment to long-term development.
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Let us further explain the advantages of LBP:
1. Fairer token distribution
In traditional IDOs, users who initially invest a smaller amount of funds will have lower weight and lose purchasing opportunities. The advantage of #LBP is that it does not restrict purchases; regardless of the funding amount, users can successfully buy the corresponding $MDBL, which reduces the unfairness caused by differences in funding amounts and promotes broader participation.
2. Better price discovery mechanism
#LBP allows free buying and selling, enabling prices to converge to a reasonable range before the end of the IDO. The drawback of traditional IDO methods is that initial low liquidity can lead to inflated prices, which may result in significant losses during the subsequent return to true value. LBP avoids this by providing a better price discovery mechanism, ensuring a fairer and safer environment.
3. More suitable for large projects focused on long-term development
LBP ensures that prices start within a reasonable range, encouraging teams to deliver products and fulfill roadmaps to continuously enhance their market capitalization. Therefore, larger projects that already have viable products and possess the ability to continuously build are more inclined to adopt the #LBP launch method. All funds raised from the $MDBL launch will be used for the development of the DragonverseNeo game and the MOSE chain.
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Learn more about LBP and the necessary preparations:
https://t.co/RqH8dJOwIp