Heroes of Mavia

Heroes of Mavia (MAVIA) is a cryptocurrency token associated with the blockchain-based multiplayer strategy game, Heroes of Mavia. Developed by Skrice Studios, the game allows players to build bases, train armies, and compete against others for resources and the in-game currency, RUBY. MAVIA token serves as the governance token within the Mavia ecosystem, enabling holders to vote on key decisions, trade legendary items on the web marketplace, and enjoy various in-game perks and rewards.

• Token Allocation

• : Private Sale (15%), Advisors (3%), and various allocations for ecosystem growth and development.

• Vesting Period

• : Six years with quarterly vesting for certain allocations.

• Inflation Rate

• : Lower-than-average to promote healthy ecosystem growth.

As of today #{today’s date}, the price of Heroes of Mavia is ₹101.22 INR or 1.0689 USD, with a 24-hour trading volume of 8737435.06 USD. The market capitalization for Heroes of Mavia is 41563978.77USD. The circulating supply is 38801257 Heroes of Mavia, with the total supply also being 250000000 Heroes of Mavia.

• Governance Participation

• : MAVIA token holders can influence the development direction of the Mavia ecosystem.

• Exclusive In-Game Benefits

• : Holding MAVIA tokens grants access to unique cosmetics, decorations, and skins.

• Ecosystem Growth

• : Designed tokenomics encourage a vibrant and growing ecosystem.

• Trade Legendary Items

• : Use MAVIA to trade NFTs like Skins, Decorations, and Consumables within the game.

• Backed by Reputable Investors

• : Support from notable industry figures and organizations.

• Market Volatility

• : Like all cryptocurrencies, MAVIA is subject to market fluctuations.

• Regulatory Risks

• : Potential regulatory changes could impact the token’s utility and value.

• Dependence on Game Success

• : The token’s value is closely tied to the success and popularity of the Heroes of Mavia game.

• Complexity for New Users

• : The game’s blockchain and NFT aspects may be daunting for non-crypto savvy players.

• Limited Use Case Outside Game

• : MAVIA’s utility is primarily within the Mavia ecosystem.

• Innovative Gaming Experience

• : Combines traditional strategy gaming with blockchain technology.

• Potential for Appreciation

• : Early adoption could lead to significant value appreciation as the game grows.

• Active Development

• : Continuous updates and expansions can increase the game’s longevity and token utility.

• Strong Community and Backing

• : Supported by a robust community and notable investors.

• Play-to-Earn Model

• : Offers players the opportunity to earn real-world value through gameplay.

• Integration with AAA Quality Game

• : Unique among tokens for its direct integration with a high-quality blockchain game.

• Dual Utility

• : Serves both as an in-game currency and a governance token.

• Live Streaming and Replay Features

• : Enhances player engagement and game dynamics, making MAVIA integral to a pioneering gaming experience.

Heroes of Mavia (MAVIA) addresses the lack of real-world value and governance participation in traditional gaming. By integrating blockchain technology, it provides players with tangible rewards for their gaming achievements and a say in the game’s development.

. Tristan Chaudhry serves as the CEO of Skrice Studios, playing a central role in the conceptualization and development of “Heroes of Mavia”. Yvan Feusi, on the other hand, brings his expertise in game development to further the technical and creative aspects of the game. Together, they aim to leverage blockchain technology to create a decentralized, strategic, and immersive gaming experience.

The Heroes of Mavia ($MAVIA) token was launched through an airdrop rather than a traditional Initial Coin Offering (ICO). This method of distribution is indicated by the mention of the token’s airdrop being one of the largest in the Web3 gaming industry. An airdrop is a distribution method where tokens are given for free to the wallets of active community members or potential users to promote the project. This approach can help to quickly build a user base and distribute tokens widely without collecting funds through an ICO. Therefore, there is no ICO price for the $MAVIA token because it was not sold to the public in an ICO but rather distributed for free through an airdrop. The listing date for the Heroes of Mavia (MAVIA) token was February 6, 2024.

• Game Popularity Risk

• : The token’s success is heavily dependent on the game’s popularity.

• Technical Risks

• : Potential bugs or security vulnerabilities in the game or token smart contracts.

• Competition

• : The blockchain gaming space is becoming increasingly crowded.

• Liquidity Risk

• : Potential challenges in buying or selling large amounts of MAVIA without affecting the price.

• Adoption Barrier

• : The game’s complexity and blockchain nature may hinder widespread adoption.

The whitepaper for Heroes of Mavia (MAVIA) outlines the game’s vision to merge the excitement of MMO strategy games with the benefits of blockchain technology. It details the game’s ecosystem, where players can earn RUBY through gameplay, which can then be used to upgrade their bases, heroes, and statues. The MAVIA token is central to this ecosystem, serving as a governance token that allows holders to vote on key decisions affecting the game’s future development and direction.

The document elaborates on the tokenomics, including the total supply of 250 million MAVIA tokens, the distribution strategy aimed at ensuring long-term ecosystem health, and the mechanisms for token utility within the game. It emphasizes the play-to-earn model, which rewards players not just for their skill and strategy but also for their participation in the game’s economy.

Furthermore, the whitepaper highlights the game’s features, such as the ability to buy, sell, and trade land, heroes, and statues as NFTs, adding a layer of financial investment and strategy to the gaming experience. It also discusses the technical architecture, including the use of Ethereum and potential future support for other blockchains to ensure scalability and accessibility.

The whitepaper concludes with a roadmap outlining the development and release phases, including the token launch, game features rollout, and community-building initiatives. It positions Heroes of Mavia as a pioneering project at the intersection of gaming and blockchain, aiming to create a sustainable, player-driven economy that rewards participation and skill.