Heroes of Mavia has secured over $5 million from industry investors including Binance Labs and Alameda Research.
Ethereum-based play-to-earn game, Heroes of Mavis, has recently completed its seed funding round where it raised $5.5 million from Web3 and metaverse investors, including Binance Labs., the project intends to use the new capital injection to develop the game further, attract top talent, and expand its community of supporters.
Head of Investment at Binance Labs, Bill Chin, said: “At a time when play-to-earn gaming is exploding in interest globally, we believe Mavia and the team behind it is positioned to be one of the top AAA titles in the space.”Developed by Skrice Studios, Heroes of Mavia is a massively multiplayer online strategy game set in a fantasy-theme island called “Mavia.
The second token is Ruby, an in-game currency that can be earned by winning battles and used to make purchases.
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