Heroes of Mavia

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Discover Heroes of Mavia's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Heroes of Mavia?

Heroes of Mavia (MAVIA) is a blockchain-based strategy game built on the Ethereum blockchain. It is a play-to-earn game where players build and develop their bases and armies to battle each other and complete challenges, earning cryptocurrency in the process. The game utilizes two tokens: MAVIA, a governance token, and RUBY, an in-game currency. Players can vote on proposals that direct the game and ecosystem, and the game features AAA graphics, NFT assets, and a unique dual token model.

How is Heroes of Mavia used?

The Heroes of Mavia (MAVIA) token is a cryptocurrency used within the Heroes of Mavia ecosystem, a Web3 strategy game developed by Skrice Studios. Here are the primary ways MAVIA is utilized:

  1. Trading Legendary Items: MAVIA tokens can be used to trade and purchase unique "Legendary Items" NFTs, which hold real-world value. These items include Skins, Decorations, and Consumables that can be used and traded inside the game.

  2. Governance: Token holders have the power to vote on key decisions that direct the development of the Mavia ecosystem, including current and future games. This ensures that the community has a significant say in shaping the game's future.

  3. In-Game Perks and Rewards: Holding MAVIA tokens provides various in-game benefits, such as exclusive cosmetics, decorations, and skins. These perks encourage both Web2 and Web3 players to participate and engage with the game.

  1. Ecosystem Growth: The token's role is central to enhancing user engagement and pioneering initiatives within the evolving Mavia ecosystem. As new game features and ecosystem expansions unfold, the token's significance in fostering community interaction grows.

  2. Marketplace Transactions: MAVIA tokens can be used to trade Legendary Items for Ruby or other cryptocurrencies on the in-game and web Ruby marketplace.

Overall, the MAVIA token is designed to promote the healthy growth of the game and ecosystem, with a focus on community engagement and governance.

How do I store Heroes of Mavia?

To store Heroes of Mavia (MAVIA) tokens, you have two primary options:

  1. Store in Your KuCoin Account: Holding your MAVIA tokens in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, and lending. KuCoin serves as the custodian of your crypto assets, making it convenient for frequent trading. Ensure you set up a strong password and upgrade your security settings to prevent unauthorized access.

  2. Hold in Non-Custodial Wallets: For enhanced security, you can withdraw your MAVIA tokens to a non-custodial wallet. This grants you complete control over your private keys. You can use hardware wallets, Web3 wallets, or paper wallets. However, this option may be less convenient if you wish to trade your MAVIA tokens frequently or put your assets to work. Be sure to store your private keys securely, as losing them may result in the permanent loss of your MAVIA tokens.

How to buy Heroes of Mavia?

To buy Heroes of Mavia (MAVIA) tokens, follow these steps:

Using MEXC
  1. Create an Account: Open an account on MEXC and complete the KYC (Verify Identification) process.
  2. Choose a Payment Method: Click on the "Buy Crypto" link on the top left of the MEXC website navigation, which will show available methods in your region.
  3. Buy Stablecoin (Optional): Consider buying a stablecoin like USDT first, and then use it to buy Heroes of Mavia (MAVIA) on the spot market.
  4. Buy MAVIA: Use your chosen payment method to purchase MAVIA directly or through peer-to-peer trading.
Using KuCoin
  1. Create an Account: Sign up on KuCoin with your email address, mobile phone number, and country of residence.
  2. Secure Your Account: Set up Google 2FA, anti-phishing code, and trading password.
  3. Verify Your Account: Enter personal information and upload a valid Photo ID.
  4. Add a Payment Method: Add a credit/debit card or bank account.
  5. Buy MAVIA: Use a variety of payment options to buy Heroes of Mavia (MAVIA) on KuCoin.
Using Gate.io
  1. Create an Account: Create an account on Gate.io.
  2. Complete KYC & Security Verification: Verify your identity and set up security measures.
  3. Buy MAVIA: Follow the steps on Gate.io to purchase Heroes of Mavia (MAVIA).
Using Binance
  1. Find a Reliable Exchange: Use a reliable centralized exchange like Binance to buy Heroes of Mavia.
  2. Create an Account: Sign up on Binance.
  3. Verify Your Account: Complete the verification process.
  4. Buy MAVIA: Use Binance to purchase Heroes of Mavia (MAVIA).

Remember to always follow the specific instructions and guidelines provided by each exchange to ensure a smooth and secure transaction.

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History of Heroes of Mavia

Heroes of Mavia (MAVIA) is a mobile blockchain-based multiplayer strategy game developed by Skrice Studios. The game allows players to build bases, train armies, and compete against other players for resources and the RUBY cryptocurrency. The game is built on Web3 technology and uses a play-to-earn (P2E) model, where players can earn RUBY by winning battles, defending their bases, and completing challenges.

The game was released globally on February 2, 2024, and is available for both Android and iOS devices. It features high-quality 3D art and animations, and players can upgrade their bases using gold and oil, which are additional in-game resources.

The MAVIA token is the governance currency for the game, allowing token holders to vote on key decisions that direct the development of the Mavia ecosystem. The token was released on February 6, 2024, and has seen significant growth and adoption since its launch. The game also features a Ruby Legendary Marketplace where players can trade legendary items for RUBY or cryptocurrency.

Skrice Studios, the developer of Heroes of Mavia, aims to bring high-quality Web3 gaming experiences to mobile devices and onboard Web2 users to Web3 through rich experiences. The game has gained significant traction, with over 2 million mobile downloads, and is considered one of the biggest Web3 gaming projects.

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How Heroes of Mavia works

Heroes of Mavia is a Web3 mobile online multiplayer base-builder strategy game that utilizes a diverse currency system comprising MAVIA, Ruby, and Sapphire tokens. Here's an overview of how it works:

Gameplay
  • Base Building: Players build and defend their bases by strategically placing walls, turrets, and traps to protect their resources (Gold, Oil, and Ruby) from enemy attacks.
  • Resource Collection: Gold and Oil are produced by the base and can be stolen by opponents. Ruby is earned by winning battles, defending the base, removing obstacles, and completing challenges.
  • Unit Selection: Players choose from various infantry, vehicle, and air units to attack rival bases, each with specific strengths and weaknesses.
Tokenomics
  • MAVIA Token: This governance token allows holders to create proposals and vote on decisions that direct the development of the Mavia ecosystem, including current and future games. It also provides in-game perks and rewards, such as exclusive cosmetics and decorations.
  • Ruby: Ruby is used to craft and trade Legendary NFT items, which can be exchanged for fiat and cryptocurrency via the Mavia Web NFT marketplace.
  • Sapphire: Sapphire is used to speed up building processes and can be purchased with fiat or cryptocurrency.
Ecosystem
  • Governance: MAVIA token holders have a say in the direction of the game and ecosystem through voting on proposals.
  • Marketplace: The Web Marketplace allows players to trade Legendary Items for Ruby or cryptocurrency.
  • Creator Program: Content creators can earn exclusive rewards by making content about Mavia on platforms like YouTube, TikTok, and more.
Token Details
  • Token Launch: The MAVIA token was launched on February 6, 2024, and has a lower-than-average inflation rate, a six-year vesting period, and a fair distribution to promote healthy ecosystem growth.

Overall, Heroes of Mavia combines base-building strategy with multiplayer battles on the blockchain, offering an immersive gaming experience with various in-game activities and opportunities for token holders to influence the game's development.

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Heroes of Mavia's strengths

Heroes of Mavia (MAVIA) token has several strengths that contribute to its potential success:

  1. Governance Token: MAVIA serves as the governance token, allowing holders to vote on key decisions that direct the development of the Mavia ecosystem, including current and future games. This gives token holders a significant say in the project's direction.

  2. In-Game Perks and Rewards: Holding MAVIA tokens provides various in-game benefits, such as exclusive cosmetics, decorations, and skins. This encourages players from both Web2 and Web3 to participate and engage with the game.

  3. Tokenomics: The tokenomics are designed to promote healthy and stable growth, with a lower-than-average inflation rate, six-year vesting, and fair distribution. This aims to foster a vibrant ecosystem over time.

  1. Trading and Marketplace: MAVIA tokens can be used to trade Legendary Items on the Web Marketplace, which includes NFTs like skins, decorations, and consumables. This adds another layer of utility to the token.

  2. Strong Backing: The project has received significant investments from notable firms like Exnetwork Capital, Merit Circle, and avocado DAO, indicating confidence in its potential.

  3. Growing Popularity: Heroes of Mavia has gained traction, with over 2 million mobile downloads, making it a serious competitor in the Web 3 gaming space.

These strengths collectively contribute to the token's potential for growth and adoption within the gaming and cryptocurrency communities.

Heroes of Mavia's risks

Heroes of Mavia (MAVIA) faces several financial risks that investors should be aware of:

  1. Market Volatility: MAVIA's price has experienced significant fluctuations, reaching an all-time high of $3.91 before settling around $3.25. This volatility is expected in the crypto market, but it raises concerns about long-term stability.

  2. Early Stage Project: Mavia is still under development, and its long-term success hinges on gameplay evolution and user adoption. This early stage brings uncertainty and risk to investors.

  3. Competition: The play-to-earn (P2E) space is saturated, and Mavia faces stiff competition from established and emerging players. This competition can impact the project's growth and adoption.

  1. Regulatory Uncertainty: Regulations surrounding P2E and cryptocurrencies remain unclear, posing potential risks to the project's future.

  2. Tokenomics Risks: The project's tokenomics aim for long-term stability, but transparency remains a concern. The circulating supply data is unavailable, making price analysis less accurate, and team allocations within the 20% team and advisor share are unclear.

  3. Scams and Security Risks: There have been reported scams targeting users, such as fraudulent websites that mimic the official Mavia website. These scams can result in significant financial losses for users.

  1. Investor Sentiment: The project's success relies heavily on maintaining a strong community and investor sentiment. If sentiment turns negative, it can impact the project's growth and token price.

  2. Token Unlock Schedule: The project has a token unlock schedule, which can lead to significant token supply increases. This can impact the token's price and create selling pressure if not managed properly.

  3. Dependence on Binance: Binance has invested in the project, which can be both a positive and a negative. While it brings credibility and potential growth, it also means that Binance and other investors will eventually want their capital back, which can create selling pressure.

These financial risks highlight the importance of thorough research and due diligence before investing in Heroes of Mavia (MAVIA).

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Did Heroes of Mavia raise funds?

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Heroes of Mavia
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Heroes of Mavia’s team

  • Chris T.: Part of the Heroes of Mavia team.
  • Ha Duong: Member of the Heroes of Mavia team.
  • Hien Vu: Part of the Heroes of Mavia team.
  • Julian Dropsit: Member of the Heroes of Mavia team.
  • Nam Truong Hai: Part of the Heroes of Mavia team.
  • Nhan Cao: Member of the Heroes of Mavia team.
  • Tristan Chaudhry: Part of the Heroes of Mavia team.
  • Yvan Feusi: Member of the Heroes of Mavia team.

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