Heroes of Mavia (MAVIA)

Gameplay and In-Game Economy

Heroes of Mavia is a mobile multiplayer strategy game where players build bases, form armies, and battle others to earn in-game resources like Ruby. Ruby is used to upgrade bases, troops, and NFTs such as Land, Heroes, and Statues. Players can earn Ruby by winning battles, completing challenges, and staking tokens. Gold and Oil are additional resources used to upgrade base capabilities. The game integrates NFTs, allowing players to own, trade, and upgrade unique in-game assets.

Token Utility

The MAVIA token serves as the governance token for the Heroes of Mavia ecosystem. Token holders can vote on key decisions affecting the game's development and future features. MAVIA is also used for staking, earning rewards, and trading Legendary Items (NFTs) on the Web Marketplace. Players can convert in-game Ruby to MAVIA tokens through a token swap feature, linking gameplay rewards with the crypto economy.

Marketplace and Trading

Heroes of Mavia features the Ruby Marketplace, where players trade NFTs and Legendary Items with real-time stats. The game supports on-chain trading of assets, enhancing ownership and liquidity. The integration with Layer 2 solutions like Arbitrum reduces transaction costs for trading tokens and NFTs.

Community and Development

The project encourages long-term engagement through tournaments, staking pools, and upcoming features like the Mavia Arena. The development team plans continuous support and expansion, aiming to grow the player base and enhance the Web3 gaming experience.

In summary, Heroes of Mavia uses its crypto tokens to power gameplay upgrades, enable governance participation, facilitate NFT trading, and reward players within a blockchain-based strategy game ecosystem.

Advantages

• Heroes of Mavia is a mobile Web3 MMO strategy game that combines blockchain technology with engaging gameplay on a fantasy island called Mavia.
• Players can build bases, battle others, and earn in-game resources like Ruby, which can be used to craft and trade NFTs such as skins and consumables.
• The MAVIA token powers the game’s ecosystem and governance, allowing trading of Legendary Items on the Web Marketplace.
• The game has a growing community with over 1 million downloads shortly after launch, showing strong player interest.
• MAVIA tokens are available on many major exchanges, making it easy to buy, sell, and trade.
• The project is actively developing, with ongoing upgrades and features that keep the game dynamic and interesting.
• The token has shown potential for price recovery and growth after initial declines, indicating possible future opportunities.

Disadvantages

• MAVIA has experienced significant price volatility, including a drop of over 90% from its peak, which reflects market uncertainty.
• The token’s price can be influenced heavily by market trends, large holders (“whales”), and overall crypto market sentiment.
• As a relatively new Web3 game, it faces competition and must continuously innovate to maintain player and investor interest.
• Trading volume and market activity have fluctuated, which may affect liquidity and ease of trading at times.
• The success of MAVIA depends on the game’s ability to sustain its economic model and community engagement over time.

Founders of Heroes of Mavia

The founders of Heroes of Mavia are the team behind Skrice Studios, which includes 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), Tristan Chaudhry (Managing Director), Hien Vu, and Chris T. Additionally, Tristan Chaudhry and Yvan Feusi are noted as co-founders of Skrice Studios, the company focused on developing Heroes of Mavia. This diverse team combines skills in blockchain technology, game development, and business strategy to create and grow the game.

Major Investors

Heroes of Mavia has attracted funding from 18 investors, including well-known names such as Binance Labs, Genblock Capital, Delphi Digital, Mechanism Capital, Alameda Research, Animoca Brands, Merit Circle, HashKey Capital, YGG, YGG SEA, ExNetwork Capital, and Double Peak Ventures.

Funding Rounds

The project completed a $5.5 million seed funding round led by Binance Labs and Genblock Capital. This round also included participation from other prominent venture capital firms and angel investors interested in blockchain gaming.

Investment Purpose

The funds raised are used to develop the game, attract top talent, and grow the community, supporting the long-term vision of making Heroes of Mavia a leading title in the blockchain gaming space.

Halal Status of Heroes of Mavia

• Yes, Heroes of Mavia can be considered halal because it is primarily a strategy-based mobile game where players build bases, manage resources, and engage in battles.
• The game uses blockchain technology and in-game cryptocurrency (Ruby and MAVIA tokens) for trading and rewards, but it does not inherently involve gambling or interest-based transactions.
• Players earn rewards through skillful gameplay and strategic decisions rather than chance or speculation.