Binance-Backed Web3 Mobile Strategy Gaming Token Rips 64% in One Day After Airdrop and Several Major Listings
A mobile strategy gaming altcoin backed by top global crypto exchange Binance is skyrocketing after launching an airdrop campaign earlier this week, as well as several major listings on top crypto exchanges.
MAVIA, the native token of the Heroes of Mavia web3 game, was listed on the crypto exchanges ByBit, KuCoin, HTX Global, and MEXC earlier this week.
The game utilizes non-fungible tokens (NFTs) and has players sustain armies to battle for control of bases.
According to a recent article published by the group, Heroes of Mavia’s distinctive Pioneer Airdrop Program – which is slated to span across numerous seasons – will cause the ecosystem to grow.
“The Pioneer Airdrop Program is a unique airdrop system, divided into multiple seasons spanning over time to continue growing the Mavia player base and ecosystem.
Each season of the Mavia Pioneer Airdrop program will consist of different ‘quests’ and tasks which reward participants in various ways, such as MAVIA tokens, Ruby, Legendary Items, Sapphire and more!”
According to Heroes of Mavia, about 3.5% of the token’s total supply will be used for airdrops during its token generation event (TGE).
“The initial circulating supply at TGE will be 12% (30 million MAVIA). The total Airdrop allocation will make up roughly 30% of the initial circulating supply (3.5% total, 2% for Land stakers/holders and 1% for CEX exchange airdrop activities).”
However, the developers also note that even if one didn’t stake land in the game previously, they will still receive an airdrop.
“The Season 1 Pioneer Program portal will be live in the next week. If you staked Land during Season 2, 3 or 4, you will be able to view your pending MAVIA airdrop rewards via this portal.
If you are a new holder and did not stake land, you will still be eligible for an Airdrop! The rewards will be calculated for holders closer to TGE, so keep an eye on the portal.”
MAVIA is trading for $5.58 at time of writing, a 43.4% increase during the last 24 hours.
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/WindAwake
Generated Image: Midjourney
Credit: Source link
Comments are closed.