NFT REVIEW NEWS Heroes of Mavia Raise $2.5 Million in Second Funding Round of 2022

Play-to-earn fantasy island strategy game Heroes of Mavia have secured $2.5 Million in their latest strategic funding round. The round, which was led by Capital, marks the final private sale of the game’s governance token, $MAVIA. 

Other notable participants of the round included the likes of Hashkey Capital, Merit Circle, GuildFi, YGG SEA, and Avocado Guild, as well as several other funds.

The round bumps the game’s recent funding revenue up to $8 million, as January saw the game raise another $5.5 million in funding, thanks to contributions from the likes of Binance Labs, Genblock Capital, and other well-known investors.

Off the back of this more recent round, the managing director of the biggest shower of confidence, Capital’s Bobby Dao, stated: “ Capital is pleased to support Heroes of Mavia in its strategic round as it scales and prepares to launch in 2022. With its innovative mechanics spanning gameplay and base-building elements, as well as top quality graphics – we believe that Heroes of Mavia is well-positioned to become a top AAA play-to-earn title.”

With aid from such significant funding, the P2E MMO, which delivers AAA-quality graphics and an array of cutting-edge GameFi features to its users, will continue on fulfilling its promise to change the NFT gaming landscape with its intricate mechanics, exciting gameplay, and unique monetization features.

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