Mobile strategy game Heroes of Maya Inflation has reworked its token launch schedule in an attempt to delay its offering, less than three months after the Ethereum-based token first launched.
After the announcement late Thursday, the MAVIA token jumped 21% before falling even lower than before the news. MAVIA is down to $3.72, as of this writing, down about 9% from the previous day.
Heroes of Mavia Tokens now have them. It's down 65% from its all-time high The price of $10.59 was set two months ago, not long ago in early February. The initial plan for the game was to increase the circulation supply from 12 percent to 24 percent from February 2024 to 2025. However, this latest move will keep the circulation supply below 14 percent until the end of the window.
In the year By February 2025, the allocations for “Private Sales”, “Gameplay Rewards” and “Community and Ecosystem” will be reduced by 80% overall. On top of this, the placement of the team and consultants will be delayed until the same day.
MAVIA's price began to climb shortly after the blog post was published, and jumped 10% in half after the game tweeted the news to its 457,000 followers. MAVIA holders then began to dump their tokens, apparently, as the sudden price drop continued to spread over the following hours, wiping out the initial gains.
Heroes of Mavia is an iOS and Android game that takes clear inspiration from Clash of Clans. While Skrice Studios, the creator of Heroes of Mavia, has issued tokens and downloaded around 100,000 players and previously sold NFT land plots, none of this has been reflected in the game yet.
Now, it would be very easy to play the game without realizing it's a crypto game, but there are plans soon to release an in-game marketplace for buying and trading NFT objects—using the Ethereum layer-2 scaling network. basis.
Edited by Andrew Hayward.
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