What is Heroes of Mavia? All You Need to Know About MAVIA

Intermediate7/29/2024, 3:08:07 PM
Heroes of Mavia is an immersive Web3 gaming platform available on Web, Android, and iOS mobile devices. It utilizes NFTs and in-game currencies to enhance virtual gaming experiences while bridging the gap between Web2 and Web3 gameplay.

Introduction

Web3 gaming has faced significant challenges in lowering entry barriers and addressing onboarding limitations, with a pressing need for mainstream adoption to enhance the industry’s reputation. Heroes of Mavia emerges as a promising solution to these issues, offering innovative features to bridge the gap between traditional Web2 gaming and the burgeoning Web3 space.

Launched on mobile devices, Heroes of Mavia streamlines the transition from Web2 to Web3 gaming, introducing multi-currency support to ease the acquisition of in-game items and NFTs. This approach ensures that Mavia’s gameplay is accessible, reputable, and user-centered, setting a new standard in the gaming industry.

This article explores the core gameplay, highlighting features like customizable bases (residence), strategic battles, and a robust in-game economy fueled by $Ruby and $MAVIA tokens. It also details the various functionalities of the recently launched Heroes of Mavia Phase 2: Next Frontier, including the Ruby Web Marketplace and its impact on the $MAVIA token’s utility.

What is Heroes of Mavia?

Heroes of Mavia is a multiplayer mobile gaming platform that operates on a Web2-based mobile application, facilitating seamless onboarding for both new and existing players. The game boasts immersive graphics with a smooth 60 FPS (Frames Per Second) display, ideal for action-packed scenes. Players can customize their game environment, mint or purchase in-game items, and defend their bases against attackers, making the gameplay engaging and strategic.

The game, available for Android and iOS devices, requires players to be at least 13 years old. Since its launch on November 2, 2021, Heroes of Mavia, developed by Skrice Studios in Hanoi, Vietnam—a top-tier mobile game developer and design company—has continuously innovated with several games to enhance user experience. They specialize in using technically complex resources to produce highly interactive visuals, and quality graphics in video game development. Additionally, the release of the $MAVIA token, Ruby Marketplace, and subsequent updates have further solidified its position in the Web3 gaming ecosystem.

About the Team

The team behind Heroes of Mavia includes industry experts like Ha Duong (Co-founder and COO), Nhan Cao (CTO), Nam Truong Hai (COO), Julian Dropsit (Business Development Executive and Head of Computer Graphics), Yvan Feusi (Executive Producer), and Tristan Chaudhry (Managing Director), whose combined expertise drives the project’s success. The team seeks to effectively bridge Web2 and Web3 gaming, address onboarding challenges, and offer multi-currency options for in-game purchases.

Launching Events

MAVIA token was launched on February 6, 2024, following the release of Mavia gaming App on Android and iOS mobile devices on January 31, 2024. May 5, 2024, marked the launch of Ruby Marketplace for mobile devices. It was followed by the launch of Heroes of Mavia Phase 2; Next Frontier on June 14, 2024, which introduced the Ruby Web marketplace. It also opened a utility window for $MAVIA tokens in Ruby Marketplace and Mavia Gameplay.

Advantages

  • Bridges Web2-Web3: Using mobile apps, Heroes of Mavia successfully bridged the gap between Web2 and Web3 gaming.
  • Solved Onboarding Problem: Heroes of Mavia Games solved the Web3 onboarding challenge using a mobile app gateway. Hence users can play games by downloading the application on their mobile devices.
  • Multi-currency Option: The game allows the option of making in-game purchases with real money on the mobile app and MAVIA token on the web version. Hence making the game accessible from both Web2 and Web3 platforms.

Disadvantages

  • The size of the mobile app is too large and not manageable. Players would sacrifice a huge part of their phone storage to download over 450MB of the mobile game app.
  • This kind of game only appeals to skilled players.
  • The Web2 policy concerning in-app purchases prevents using MAVIA tokens for mobile app purchases.

Main Features

Bases, Currencies, and NFTs characterize the heroes of Mavia games.

Bases

Bases in the game consist of Army and Buildings.

Army

Army is made of three troops (Infantry, Aircraft, and Heroes). They are units in the Mavia game that attack the Bases (residences) of their opponents.

Buildings

Buildings are a major aspect of the Bases. It consists of Turrets, Factories, Headquarters, and other accessories.

  • Turrets are used by players to guide their lands, Oil, Gold, and $Ruby from enemies. It makes use of Anti-air missiles and Flame Towers to keep Headquarters safe.
  • Factories are a place in the virtual game environment where users can customize aircraft, vehicles, and Army units.
  • Headquarters is a critical arena. Players can unlock new features like buildings, troops, upgrade building features, and other game items that can help change the tide of the battle.

Currencies

In-game Currencies are central in pioneering the Heroes of Mavia gaming economy. The currencies include $Ruby, $Sapphire, and $MAVIA.

$Ruby

$Ruby is a currency earned as a reward in Ruby battles where the winner takes all. It is also considered an in-game valuable resource in the Mavia game.

Use Cases

  • Used to pay entry fees for the Ruby games
  • Used to purchase Legendary items as NFTs in Ruby Marketplace for mobile devices
  • Used to sustain liquidity in the in-game economy through staking

$Sapphire

Sapphire is an instant game enhancement tool in the Mavia gaming environment.

Use Cases

  • Instant purchases of in-game resources like oil and gold during battle
  • Instant upgrade of Bases (buildings)
  • Purchase of in-game shields

NFTs

These are tradable virtual properties available to players within the gaming platform. These NFTs can be minted on Mavia for a fee charged in ETH. Users can mint NFTs from their NFT allocations or purchased on the Ruby Marketplace. They NFTs include Lands and Legendary items like Heroes and Statues.

Lands

Lands is a major NFT in Heroes of Mavia games. The land is a basic requirement when building Bases and Army. Lands are also categorized into Common Lands, Rare Lands, and Legendary Lands.

Heroes

The Heroes NFTs are required in the heat of battle to boost players’ defense. They are like super-troops that help defend the Bases.

Statues

Statue NFTs are used to boost in-game resources and the Base.

How Does Heroes of Mavia Work?

Heroes of Mavia is an innovative and captivating game. Players have one major duty which is to protect their homes, (also called Bases) against the enemy’s attacks.

There are a few things to note about the enemy’s attacks on Mavia.

  • They attack the Base to loot in-game resources
  • The in-game resources include Gold, oil, and $Ruby

To guide against the opponent’s attack, players can build a formidable Base for their Army, upgrade their Base using in-game resources, and lead their Army to Battle.

Players can build walls and deploy Turrets and troops around their Base to keep their resources safe. In addition, they can use Vehicles, Air units, and Infantry available in the game for defense. Mavia Games provides over 12 Infantry, Vehicles, and Air units that players can choose from.

Furthermore, Heroes of Mavia works with $Ruby, the in-game currency. Users can earn $Ruby by playing Ruby Battles and completing challenges. Ruby Battle is a skill-based game where players can pay 50, 250, or 1000 $Ruby as an entry fee. At the end of the game, the Winner takes all the token.

Another functionality of $Ruby on the Mavia games is trading Legendary items (Heroes and Statues) on the Ruby Marketplace. With the Legendary NFTs, players can upgrade their Base defense and enhance their troops’ performance.

Heroes of Mavia Ecosystem

Mavia has a broad ecosystem that is progressively developing. A few projects in the Heroes of Mavia Ecosystem were part of the Phase 1 development. But the larger part of the ecosystem was released following the launch of Phase 2 tagged “Next Frontier ‘’.

Heroes of Mavia Phase 1 Ecosystem

Mobile App

This is a Web2 game app downloadable using Android and iOS devices. It is compatible with on-chain and off-chain currencies, enabling easy in-game purchases. It also facilitates the seamless onboarding of players from a Web2 gateway to a Web3 platform.

Ruby Marketplace for Mobile

Ruby Marketplace for mobile is available for Android and iOS devices. It facilitates in-game purchases in Heroes of Mavia games. Purchases on the Ruby Mobile market can only be made with $Ruby currency.

Heroes of Mavia Phase 2 Ecosystem


Source: Mavia on X

Ruby Swapper

Ruby Swapper introduces a shift from manual to automatic conversion between Ruby and MAVIA tokens. Ruby Swapper automatically calculates and converts Legendary items (NFTs) during Marketplace purchases.

Additionally, Ruby Swapper enables easy access to $Ruby without playing games and allows easy conversion from $Ruby to MAVIA token.

Ruby Scan


Source: Mavia on X

Ruby Scan is an on-chain to off-chain explorer that makes Mavia in-game transactions accessible to users. With Ruby Scan, players can:

  • View Ruby, MAVIA, and NFTs balances
  • View Ruby burn transactions
  • View Marketplace listings
  • Search accounts by name or wallet address
  • View the current Ruby price based on the Order Book conversion rate of Mavia

Ruby Web Marketplace

It is Ruby Marketplace only accessible on the Heroes of Mavia Web version. It allows using two currencies ($MAVIA and $Ruby) by operating a dual Order Book system. Hence each Legendary NFTs has two Order Books; one for $Ruby and one for MAVIA token.

Ruby Web Marketplace charges a 2.5% trading fee on all transactions. The trading fees are used to provide liquidity for the Marketplace.

Ruby Staking Pool

Essentially, the Ruby Staking pool provides liquidity for $Ruby. Users can stake their $Ruby to earn MAVIA token as rewards. The stakes will be locked for 1, 3, 6, or 12 months.

The staking rewards are readily fixed at the point of staking. Hence users know the amount they are receiving for staking a certain amount.

Mavia Governance

Mavia Governance coordinates decentralized proposals within Heroes of Mavia Ecosystem. It allows delegates to vote on proposals within a period. Only delegates can vote on Mavia’s proposals.

Marketplace LP Pool

The Ruby Marketplace LP Pool is built to provide liquidity for the Ruby Marketplace Order Book. Users can stake $MAVIA tokens earned from marketplace transaction fees.

How the Marketplace LP Pool works

The Staked MAVIA token is converted to $Ruby using Ruby Swapper. The $Ruby is then used to purchase highly-priced Legendary NFTs. The NFTs are placed on the Web Order Book based on the current $Ruby Price. This will conversely create liquidity for large swaps in the Ruby Swapper.

Ruby Inferred Price

Ruby’s Inferred Price is essential in passing liquidity from $MAVIA to $Ruby. It brings $Ruby and $MAVIA to a ratio of 1000:1. However, the ratio between the tokens is determined by the market price of $MAVIA. The liquidity of $Ruby is also a function of the trade volume in the marketplace order book.

Mavia NFT and Token Bridge


Source: Mavia on X

Bridging Land NFTs from Ethereum to the Base blockchain is a requirement for using them in the Mavia gameplay. Hence, the Mavia NFT and Token Bridge enable bridging for the MAVIA token, Land, and NFTs from Ethereum to the Base.

Mavia Artwork Gallery showcases selected artworks from the community and the Team. It features Memes, GIFs, characters, and concept art. The team chooses and adds the artwork from the community manually.

What is MAVIA Token?

MAVIA token is the governance token of Heroes of Mavia Ecosystem. It also doubles as the pioneer currency bridging the Mavia in-game Web3 currency with blockchain technology.

Mavia Token Use Cases

  • Used to vote for or against proposals concerning the Mavia ecosystem
  • Used to access in-game items like Legendary NFTs on the Web marketplace
  • MAVIA is also tradable on centralized crypto exchanges (CEXs)
  • It equally serves as a reward for staking $Ruby over time

Tokenomics

MAVIA tokenomics is unique; it follows a vesting period scheduled between February 2024 to November 2029. A vesting period recounts a timeline whereby token allocations are restricted from being sold until the end of a specific period. Vesting unlock events are scheduled to happen at intervals.


Source: Mavia

MAVIA has scheduled a 6-year vesting period. The token unlock events are held every 90 days, split between February, May, August, and November 2024 to 2029.

The total supply of $MAVIA tokens is 250 million. 3.5% is allocated for Airdrops, 2.5% to launch partners and CEXs, 15% allocation for pre-sale, 3% to Advisory, 10% for Gameplay rewards, 44% for community and ecosystem development, and 22% for the Team.

Is Heroes of Mavia (MAVIA) a Good Investment?

Heroes of Mavia features a robust ecosystem characterized by Bases, Currencies, and NFTs, each integral to the game’s economy and strategic gameplay. With ongoing developments and a growing ecosystem, Heroes of Mavia continues to expand its offerings, making it a notable player in the Web3 gaming industry.

The Mavia team’s expertise is evident throughout the project. The game boasts backing from established investors, leading blockchain platforms, and practical applications that strengthen its tokenomics. However, if you’re looking for a short-term investment, Heroes of Mavia might not be the best choice. It’s better suited for long-term investors.

Also, note that this information is for educational purposes only and shouldn’t be considered financial advice. It is essential to consult with financial experts before making investment decisions in the crypto industry.

Highlights

Heroes of Mavia Set to Unlock New Use Cases for $MAVIA in Phase 2 Update

Heroes of Mavia has unveiled new use cases for its MAVIA token in a recent update. This development came with the launch of ‘Phase 2; Next Frontier’. It aims to integrate the MAVIA token into the Ruby web marketplace and unlock new utilities for the token in the game economy.

Announcing the Launch of Ruby Mobile Marketplace

Before the phase 2 launch, the project announced the release of the Ruby marketplace for mobile devices only. This launch was part of the phase 1 update which allowed the trading of in-game items within the gaming platform.

Ruby marketplace for mobile is available for Android and iOS devices. It charges a 5% trading fee on all in-game purchases in $Ruby. However, the fees are burnt as part of the deflationary mechanism for the in-game economy.

How to Own Mavia

You can buy MAVIA from centralized cryptocurrency exchanges. For example, Gate.io offers traders the MAVIA/USDT trading pair. To own the token, create a Gate.io account and complete the registration process. You also need to fund your spot trading account and follow the steps to buy MAVIA.

Take Action on Mavia

Check out MAVIA price today and start trading your favorite currency pairs:

Tác giả: Paul
Thông dịch viên: Viper
(Những) người đánh giá: KOWEI、Matheus、Ashley
* Đầu tư có rủi ro, phải thận trọng khi tham gia thị trường. Thông tin không nhằm mục đích và không cấu thành lời khuyên tài chính hay bất kỳ đề xuất nào khác thuộc bất kỳ hình thức nào được cung cấp hoặc xác nhận bởi Gate.io.
* Không được phép sao chép, truyền tải hoặc đạo nhái bài viết này mà không có sự cho phép của Gate.io. Vi phạm là hành vi vi phạm Luật Bản quyền và có thể phải chịu sự xử lý theo pháp luật.

What is Heroes of Mavia? All You Need to Know About MAVIA

Intermediate7/29/2024, 3:08:07 PM
Heroes of Mavia is an immersive Web3 gaming platform available on Web, Android, and iOS mobile devices. It utilizes NFTs and in-game currencies to enhance virtual gaming experiences while bridging the gap between Web2 and Web3 gameplay.

Introduction

Web3 gaming has faced significant challenges in lowering entry barriers and addressing onboarding limitations, with a pressing need for mainstream adoption to enhance the industry’s reputation. Heroes of Mavia emerges as a promising solution to these issues, offering innovative features to bridge the gap between traditional Web2 gaming and the burgeoning Web3 space.

Launched on mobile devices, Heroes of Mavia streamlines the transition from Web2 to Web3 gaming, introducing multi-currency support to ease the acquisition of in-game items and NFTs. This approach ensures that Mavia’s gameplay is accessible, reputable, and user-centered, setting a new standard in the gaming industry.

This article explores the core gameplay, highlighting features like customizable bases (residence), strategic battles, and a robust in-game economy fueled by $Ruby and $MAVIA tokens. It also details the various functionalities of the recently launched Heroes of Mavia Phase 2: Next Frontier, including the Ruby Web Marketplace and its impact on the $MAVIA token’s utility.

What is Heroes of Mavia?

Heroes of Mavia is a multiplayer mobile gaming platform that operates on a Web2-based mobile application, facilitating seamless onboarding for both new and existing players. The game boasts immersive graphics with a smooth 60 FPS (Frames Per Second) display, ideal for action-packed scenes. Players can customize their game environment, mint or purchase in-game items, and defend their bases against attackers, making the gameplay engaging and strategic.

The game, available for Android and iOS devices, requires players to be at least 13 years old. Since its launch on November 2, 2021, Heroes of Mavia, developed by Skrice Studios in Hanoi, Vietnam—a top-tier mobile game developer and design company—has continuously innovated with several games to enhance user experience. They specialize in using technically complex resources to produce highly interactive visuals, and quality graphics in video game development. Additionally, the release of the $MAVIA token, Ruby Marketplace, and subsequent updates have further solidified its position in the Web3 gaming ecosystem.

About the Team

The team behind Heroes of Mavia includes industry experts like Ha Duong (Co-founder and COO), Nhan Cao (CTO), Nam Truong Hai (COO), Julian Dropsit (Business Development Executive and Head of Computer Graphics), Yvan Feusi (Executive Producer), and Tristan Chaudhry (Managing Director), whose combined expertise drives the project’s success. The team seeks to effectively bridge Web2 and Web3 gaming, address onboarding challenges, and offer multi-currency options for in-game purchases.

Launching Events

MAVIA token was launched on February 6, 2024, following the release of Mavia gaming App on Android and iOS mobile devices on January 31, 2024. May 5, 2024, marked the launch of Ruby Marketplace for mobile devices. It was followed by the launch of Heroes of Mavia Phase 2; Next Frontier on June 14, 2024, which introduced the Ruby Web marketplace. It also opened a utility window for $MAVIA tokens in Ruby Marketplace and Mavia Gameplay.

Advantages

  • Bridges Web2-Web3: Using mobile apps, Heroes of Mavia successfully bridged the gap between Web2 and Web3 gaming.
  • Solved Onboarding Problem: Heroes of Mavia Games solved the Web3 onboarding challenge using a mobile app gateway. Hence users can play games by downloading the application on their mobile devices.
  • Multi-currency Option: The game allows the option of making in-game purchases with real money on the mobile app and MAVIA token on the web version. Hence making the game accessible from both Web2 and Web3 platforms.

Disadvantages

  • The size of the mobile app is too large and not manageable. Players would sacrifice a huge part of their phone storage to download over 450MB of the mobile game app.
  • This kind of game only appeals to skilled players.
  • The Web2 policy concerning in-app purchases prevents using MAVIA tokens for mobile app purchases.

Main Features

Bases, Currencies, and NFTs characterize the heroes of Mavia games.

Bases

Bases in the game consist of Army and Buildings.

Army

Army is made of three troops (Infantry, Aircraft, and Heroes). They are units in the Mavia game that attack the Bases (residences) of their opponents.

Buildings

Buildings are a major aspect of the Bases. It consists of Turrets, Factories, Headquarters, and other accessories.

  • Turrets are used by players to guide their lands, Oil, Gold, and $Ruby from enemies. It makes use of Anti-air missiles and Flame Towers to keep Headquarters safe.
  • Factories are a place in the virtual game environment where users can customize aircraft, vehicles, and Army units.
  • Headquarters is a critical arena. Players can unlock new features like buildings, troops, upgrade building features, and other game items that can help change the tide of the battle.

Currencies

In-game Currencies are central in pioneering the Heroes of Mavia gaming economy. The currencies include $Ruby, $Sapphire, and $MAVIA.

$Ruby

$Ruby is a currency earned as a reward in Ruby battles where the winner takes all. It is also considered an in-game valuable resource in the Mavia game.

Use Cases

  • Used to pay entry fees for the Ruby games
  • Used to purchase Legendary items as NFTs in Ruby Marketplace for mobile devices
  • Used to sustain liquidity in the in-game economy through staking

$Sapphire

Sapphire is an instant game enhancement tool in the Mavia gaming environment.

Use Cases

  • Instant purchases of in-game resources like oil and gold during battle
  • Instant upgrade of Bases (buildings)
  • Purchase of in-game shields

NFTs

These are tradable virtual properties available to players within the gaming platform. These NFTs can be minted on Mavia for a fee charged in ETH. Users can mint NFTs from their NFT allocations or purchased on the Ruby Marketplace. They NFTs include Lands and Legendary items like Heroes and Statues.

Lands

Lands is a major NFT in Heroes of Mavia games. The land is a basic requirement when building Bases and Army. Lands are also categorized into Common Lands, Rare Lands, and Legendary Lands.

Heroes

The Heroes NFTs are required in the heat of battle to boost players’ defense. They are like super-troops that help defend the Bases.

Statues

Statue NFTs are used to boost in-game resources and the Base.

How Does Heroes of Mavia Work?

Heroes of Mavia is an innovative and captivating game. Players have one major duty which is to protect their homes, (also called Bases) against the enemy’s attacks.

There are a few things to note about the enemy’s attacks on Mavia.

  • They attack the Base to loot in-game resources
  • The in-game resources include Gold, oil, and $Ruby

To guide against the opponent’s attack, players can build a formidable Base for their Army, upgrade their Base using in-game resources, and lead their Army to Battle.

Players can build walls and deploy Turrets and troops around their Base to keep their resources safe. In addition, they can use Vehicles, Air units, and Infantry available in the game for defense. Mavia Games provides over 12 Infantry, Vehicles, and Air units that players can choose from.

Furthermore, Heroes of Mavia works with $Ruby, the in-game currency. Users can earn $Ruby by playing Ruby Battles and completing challenges. Ruby Battle is a skill-based game where players can pay 50, 250, or 1000 $Ruby as an entry fee. At the end of the game, the Winner takes all the token.

Another functionality of $Ruby on the Mavia games is trading Legendary items (Heroes and Statues) on the Ruby Marketplace. With the Legendary NFTs, players can upgrade their Base defense and enhance their troops’ performance.

Heroes of Mavia Ecosystem

Mavia has a broad ecosystem that is progressively developing. A few projects in the Heroes of Mavia Ecosystem were part of the Phase 1 development. But the larger part of the ecosystem was released following the launch of Phase 2 tagged “Next Frontier ‘’.

Heroes of Mavia Phase 1 Ecosystem

Mobile App

This is a Web2 game app downloadable using Android and iOS devices. It is compatible with on-chain and off-chain currencies, enabling easy in-game purchases. It also facilitates the seamless onboarding of players from a Web2 gateway to a Web3 platform.

Ruby Marketplace for Mobile

Ruby Marketplace for mobile is available for Android and iOS devices. It facilitates in-game purchases in Heroes of Mavia games. Purchases on the Ruby Mobile market can only be made with $Ruby currency.

Heroes of Mavia Phase 2 Ecosystem


Source: Mavia on X

Ruby Swapper

Ruby Swapper introduces a shift from manual to automatic conversion between Ruby and MAVIA tokens. Ruby Swapper automatically calculates and converts Legendary items (NFTs) during Marketplace purchases.

Additionally, Ruby Swapper enables easy access to $Ruby without playing games and allows easy conversion from $Ruby to MAVIA token.

Ruby Scan


Source: Mavia on X

Ruby Scan is an on-chain to off-chain explorer that makes Mavia in-game transactions accessible to users. With Ruby Scan, players can:

  • View Ruby, MAVIA, and NFTs balances
  • View Ruby burn transactions
  • View Marketplace listings
  • Search accounts by name or wallet address
  • View the current Ruby price based on the Order Book conversion rate of Mavia

Ruby Web Marketplace

It is Ruby Marketplace only accessible on the Heroes of Mavia Web version. It allows using two currencies ($MAVIA and $Ruby) by operating a dual Order Book system. Hence each Legendary NFTs has two Order Books; one for $Ruby and one for MAVIA token.

Ruby Web Marketplace charges a 2.5% trading fee on all transactions. The trading fees are used to provide liquidity for the Marketplace.

Ruby Staking Pool

Essentially, the Ruby Staking pool provides liquidity for $Ruby. Users can stake their $Ruby to earn MAVIA token as rewards. The stakes will be locked for 1, 3, 6, or 12 months.

The staking rewards are readily fixed at the point of staking. Hence users know the amount they are receiving for staking a certain amount.

Mavia Governance

Mavia Governance coordinates decentralized proposals within Heroes of Mavia Ecosystem. It allows delegates to vote on proposals within a period. Only delegates can vote on Mavia’s proposals.

Marketplace LP Pool

The Ruby Marketplace LP Pool is built to provide liquidity for the Ruby Marketplace Order Book. Users can stake $MAVIA tokens earned from marketplace transaction fees.

How the Marketplace LP Pool works

The Staked MAVIA token is converted to $Ruby using Ruby Swapper. The $Ruby is then used to purchase highly-priced Legendary NFTs. The NFTs are placed on the Web Order Book based on the current $Ruby Price. This will conversely create liquidity for large swaps in the Ruby Swapper.

Ruby Inferred Price

Ruby’s Inferred Price is essential in passing liquidity from $MAVIA to $Ruby. It brings $Ruby and $MAVIA to a ratio of 1000:1. However, the ratio between the tokens is determined by the market price of $MAVIA. The liquidity of $Ruby is also a function of the trade volume in the marketplace order book.

Mavia NFT and Token Bridge


Source: Mavia on X

Bridging Land NFTs from Ethereum to the Base blockchain is a requirement for using them in the Mavia gameplay. Hence, the Mavia NFT and Token Bridge enable bridging for the MAVIA token, Land, and NFTs from Ethereum to the Base.

Mavia Artwork Gallery showcases selected artworks from the community and the Team. It features Memes, GIFs, characters, and concept art. The team chooses and adds the artwork from the community manually.

What is MAVIA Token?

MAVIA token is the governance token of Heroes of Mavia Ecosystem. It also doubles as the pioneer currency bridging the Mavia in-game Web3 currency with blockchain technology.

Mavia Token Use Cases

  • Used to vote for or against proposals concerning the Mavia ecosystem
  • Used to access in-game items like Legendary NFTs on the Web marketplace
  • MAVIA is also tradable on centralized crypto exchanges (CEXs)
  • It equally serves as a reward for staking $Ruby over time

Tokenomics

MAVIA tokenomics is unique; it follows a vesting period scheduled between February 2024 to November 2029. A vesting period recounts a timeline whereby token allocations are restricted from being sold until the end of a specific period. Vesting unlock events are scheduled to happen at intervals.


Source: Mavia

MAVIA has scheduled a 6-year vesting period. The token unlock events are held every 90 days, split between February, May, August, and November 2024 to 2029.

The total supply of $MAVIA tokens is 250 million. 3.5% is allocated for Airdrops, 2.5% to launch partners and CEXs, 15% allocation for pre-sale, 3% to Advisory, 10% for Gameplay rewards, 44% for community and ecosystem development, and 22% for the Team.

Is Heroes of Mavia (MAVIA) a Good Investment?

Heroes of Mavia features a robust ecosystem characterized by Bases, Currencies, and NFTs, each integral to the game’s economy and strategic gameplay. With ongoing developments and a growing ecosystem, Heroes of Mavia continues to expand its offerings, making it a notable player in the Web3 gaming industry.

The Mavia team’s expertise is evident throughout the project. The game boasts backing from established investors, leading blockchain platforms, and practical applications that strengthen its tokenomics. However, if you’re looking for a short-term investment, Heroes of Mavia might not be the best choice. It’s better suited for long-term investors.

Also, note that this information is for educational purposes only and shouldn’t be considered financial advice. It is essential to consult with financial experts before making investment decisions in the crypto industry.

Highlights

Heroes of Mavia Set to Unlock New Use Cases for $MAVIA in Phase 2 Update

Heroes of Mavia has unveiled new use cases for its MAVIA token in a recent update. This development came with the launch of ‘Phase 2; Next Frontier’. It aims to integrate the MAVIA token into the Ruby web marketplace and unlock new utilities for the token in the game economy.

Announcing the Launch of Ruby Mobile Marketplace

Before the phase 2 launch, the project announced the release of the Ruby marketplace for mobile devices only. This launch was part of the phase 1 update which allowed the trading of in-game items within the gaming platform.

Ruby marketplace for mobile is available for Android and iOS devices. It charges a 5% trading fee on all in-game purchases in $Ruby. However, the fees are burnt as part of the deflationary mechanism for the in-game economy.

How to Own Mavia

You can buy MAVIA from centralized cryptocurrency exchanges. For example, Gate.io offers traders the MAVIA/USDT trading pair. To own the token, create a Gate.io account and complete the registration process. You also need to fund your spot trading account and follow the steps to buy MAVIA.

Take Action on Mavia

Check out MAVIA price today and start trading your favorite currency pairs:

Tác giả: Paul
Thông dịch viên: Viper
(Những) người đánh giá: KOWEI、Matheus、Ashley
* Đầu tư có rủi ro, phải thận trọng khi tham gia thị trường. Thông tin không nhằm mục đích và không cấu thành lời khuyên tài chính hay bất kỳ đề xuất nào khác thuộc bất kỳ hình thức nào được cung cấp hoặc xác nhận bởi Gate.io.
* Không được phép sao chép, truyền tải hoặc đạo nhái bài viết này mà không có sự cho phép của Gate.io. Vi phạm là hành vi vi phạm Luật Bản quyền và có thể phải chịu sự xử lý theo pháp luật.
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