Here are some key facts about MBL coin:
- *What is MBL?*: MBL is the native cryptocurrency of MovieBloc, a decentralized movie and content distribution platform that aims to solve problems caused by the domination of the theatre and home entertainment industry by conglomerates ¹ ².
- *Tokenomics*: The total supply of MBL is capped at 30 billion, with 18.2 billion currently in circulation. MBL tokens are used for economic activities within the ecosystem, such as watching premium content, donating to other participants, and rewarding users for reporting illegal content or writing film reviews ¹ ².
- *Price and Market Cap*: As of January 10, 2025, the price of MBL is around $0.004215, with a market capitalization of $78.18 million ¹.
- *Partnerships and Acquisitions*: MovieBloc has acquired "Cobak," a crypto community service in Korea, and established MBL Media, a content development company ¹ ².
- *Use Cases*: MBL tokens can be used to view premium content, donate to other participants, and receive rewards for contributing to the community ¹ ².
- *Blockchain*: MovieBloc recently moved to the Ontology mainnet, which offers high scalability and speed while ensuring user privacy and security ¹ ².
