Round | Amount | Valuation | Date | Investors |
---|---|---|---|---|
-- | $3M | -- | Feb 22, 2022 | |
Seed | $6M | -- | Jan 21, 2022 |
Heroes of Mavia is an engaging AAA mobile strategy game that blends the traditional strategic gameplay with Web3 technology, providing a unique gaming experience on both iOS and Android platforms. Developed by Skrice Studios, the game allows players to construct bases, muster armies, and engage in battles with others to earn the in-game token RUBY and other resources. Its innovative approach has captured the attention of gamers worldwide, achieving over 1 million downloads and securing top rankings in various global app stores even before the official token launch, showcasing its broad appeal across different markets.
The project has garnered significant support, closing a $5.5 million seed funding round led by Binance Labs and Genblock Capital among other notable investors. This financial backing is aimed at further developing the game, attracting top talent, and expanding the community. Heroes of Mavia is built on the Ethereum network and introduces players to a fantasy-themed island where they can grow their base and army by utilizing resources obtained from battles. The game is pioneering in its field, offering triple-A quality graphics and incorporating cutting-edge features such as live streaming of base attacks and defenses, permanent recording of battles, and a dual-token model that includes the governance token MAVIA and the in-game token RUBY.
The game's dual-token system, MAVIA for governance and RUBY for in-game play-to-earn mechanics, alongside the ability for players to rent or partner with landowners, opens up various avenues for engagement and investment within the Mavia ecosystem. This model not only enhances the gaming experience but also integrates the game further into the Web3 space, offering new opportunities for player involvement.