Heroes of Mavia Closes USD 5.5 Million Seed Round Led by Binance Labs, Genblock Capital
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Hanoi, Vietnam, 21st January, 2022, Chainwire
Heroes of Mavia, a blockchain-based play-to-earn massively multiplayer online (MMO) strategy game developed by Skrice Studios, is thrilled to announce the closing of its USD 5.5 million seed funding round. The project will use the proceeds to develop the game, attract top talent, and grow the community.
The seed round saw participation from well-known venture capital firms that have shown a strong interest in blockchain gaming. This round is led by Binance Labs, and other investors include Genblock Capital, Delphi Digital, Mechanism Capital, Alameda Research, Animoca Brands, YGG, YGG SEA, ExNetwork Capital, Double Peak Ventures, Merit Circle, Hashkey Capital, and many angels.
Bill Chin, Head of Investment at Binance Labs, 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.”
“We are thrilled to have such strong backing from some of the largest and most influential investors in the space. We are proud to say that all of our partners share our vision for making Heroes of Mavia a leader in Blockchain Gaming, and we plan on pushing the boundaries of what Play-to-Earn games are capable of," said Tristan Chaudhry, Managing Director of Skrice Studios.
Built on Ethereum, the game is set in a fantasy-theme island called “Mavia,” where the player is a commander of a base. Each player’s objective is to grow their base and army using resources obtained from attacking others’ bases. It promises to change the NFT gaming landscape with its intricate mechanics, exciting gameplay, and unique
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