The round also included participation from Merit Circle and GuildFi as well as Avocado Guild, YGG SEA and YGG SEA.
This strategic round marks the last private sale of MAVIA token, a MMO strategy game. This follows Mavia’s $5.5 Million seed funding from Binance Labs and Genblock Capital last month. The total amount raised has now reached $8 million.
Bobby Bao, Crypto.com Capital’s Managing Director, stated that Crypto.com Capital was pleased to support Heroes of Mavia during its Strategic Round. The company is scaling up and preparing to launch in 2022. We believe Heroes of Mavia has the potential to be a top AAA title .” with its innovative gameplay and base-building components, as well top-quality graphics.
The game was built on Ethereum and takes place in “Mavia”, a fantasy-theme paradise where the player plays the role of a commander. Each player has one goal: to build their army and base using resources gained from attacking other bases. With its unique monetization options, intricate mechanics and exciting gameplay, it promises to revolutionize the NFT gaming industry.
Tristan Chaudhry is the Skrice Studios’ Managing Director. “We are lucky to have such strong partners backing us in this latest round of fundraising. Having Crypto.com as our lead investor further strengthens Mavia’s position in NFT gaming.
Heroes of Mavia provides high-quality graphics and innovative features to GameFi. You can stream every base within the Mavia ecosystem live during defenses and attacks. Every battle is permanently recorded and available for anyone to view, at any time.
Players must occupy at most one parcel of land in order to get started. This can be done by either renting, owning, or partnering with landowners. A single base can be held on a single plot of land. The game allows players to partner or rent landowners, making it easy to get started without any upfront capital.
Heroes of Mavia has a dual token model. MAVIA is the governance token and allows holders to vote on important decisions. MAVIA token can also be used to buy, sell and rent NFTs on Mavia Marketplace.
RUBY is an in-game token that can be earned by playing the Heroes of Mavia games. By fighting enemy bases and armies, players can earn RUBY. This token can be used to make in-game purchases, upgrade NFTs, and purchase skins or decorations.
About Crypto.com Capital
Crypto.com Capital, the venture arm of Crypto.com Capital, was founded in March 2021. It invests in Seed- and Series A crypto startups. Crypto.com Capital has US$500 Million available for investment. It aims to accelerate the growth and success of early-stage crypto startups. Crypto.com Capital aims to build long-lasting strategic partnerships with founders and grow along with them in their businesses.
About Heroes of Mavia
Heroes of Mavia is an AAA MMO strategy game that allows players to purchase land, build bases and fight other players for the ingame token RUBY. The game has three types of NFT: Land, Heroes, and Statues. Each can be purchased and sold on Mavia’s marketplace. You can earn RUBY by winning battles against other bases.
