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Home»ALTCOIN NEWS»The Binance-backed Web3 mobile strategy game token fell 64% in a day after an airdrop and multiple major listings.
ALTCOIN NEWS

The Binance-backed Web3 mobile strategy game token fell 64% in a day after an airdrop and multiple major listings.

By Crypto FlexsFebruary 10, 20243 Mins Read
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The Binance-backed Web3 mobile strategy game token fell 64% in a day after an airdrop and multiple major listings.
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The mobile strategy game altcoin, backed by leading global cryptocurrency exchange Binance, is soaring after launching an airdrop campaign earlier this week, followed by several major listings on major cryptocurrency exchanges.

MAVIA, the basic token of the Heroes of Mavia web3 game, is listed Earlier this week on cryptocurrency exchanges ByBit, KuCoin, HTX Global and MEXC.

The game utilizes non-fungible tokens (NFTs) and pits players against maintaining an army to take control of a base.

According to a recent article published by the group, Heroes of Mavia’s unique Pioneer Airdrop program, scheduled to run over multiple seasons, will grow the ecosystem.

“The Pioneer Airdrop Program is a unique airdrop system divided into multiple seasons over time to continually grow the Mavia player base and ecosystem.

Each season of the Mavia Pioneer Airdrop program consists of different ‘quests’ and tasks that reward participants in various ways such as MAVIA tokens, rubies, legendary items, sapphires, and more!”

According to Heroes of Mavia, approximately 3.5% of the total supply of tokens will be used for airdrops during the Token Generation Event (TGE).

“The initial circulating supply of TGE is 12% (30 million MAVIA). The total airdrop allocation represents approximately 30% of the initial circulating supply (3.5% total, 2% from landholders/holders, and 1% from CEX exchange airdrop activity).”

However, the developers did note that even if you haven’t staked any lands in the game before, you’ll still receive the airdrop.

“The Season 1 Pioneer Program Portal will be released next week. If you staked Land during Seasons 2, 3, or 4, you can view your pending MAVIA airdrop rewards through this portal.

Even if you are a new holder and have not staked any land, you can still receive the airdrop! Rewards will be calculated for holders close to TGE, so stay tuned to the portal.”

MAVIA is trading at $5.58 at the time of this writing, up 43.4% in the last 24 hours.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Featured Image: Shutterstock/WindAwake
Image created by: Midjourney

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