Mavatrix is a soon-to-be launching GameFi project that enters the market via its NFT drop. Mavatrix is going to be the first project to launch a reward-based NFT collection on Binance Smart Chain.
The Context of the project
Gaming is gradually gaining traction as a global sport. In 2019, the industry is worth $138 billion.
Within the gaming industry, especially from 2020, the market started witnessing a new revolution, guided by Blockchain technology. The use of blockchain has exploded, owing to the need for a new system that can replace the problems that exist in the traditional paper money system with something wholly new and revolutionary.
The value Of Blockchain In Gaming
- Increasing the security of the gaming market
- Enhancing the ownership of In-Game Assets
- Enhancing the value projection of intangible assets
- Control Over Favorite Video Games
- Trading resources and earning rewards
- Improving payment methods
- Integrated Gaming Profiles
Combining cryptocurrencies with video games can result in a more enjoyable, secure, and smooth gaming experience. The cryptocurrency gaming business is still in its infancy. This assures that users will be able to try new games in the coming years. As a result, cryptocurrencies and video games have the potential to change the whole gaming business in a variety of ways.
Mavatrix team wants to do exactly this, revolutionize the industry, starting right from the get-go with its NFT collection launch: officially the first reward-based NFT collection on Binance Smart Chain!
Announcing Mavatrix: A Gacha-type gaming project based on Blockchain!
Within the Gaming industry, Gacha games are surely the most profitable and most downloaded. According to SensorTower’s Industry Trends report, hyper-casual titles have dominated the 2020 top charts, and adoption of the genre grew 45 percent Y/Y in 2020. Furthermore, hyper-casual games have surpassed 10 billion installs in 2020. Most likely because these games are simple to play and allow people to have fun and relax, and if you also add the gamification and earning mechanism, well, we found gold.
Mavatrix is set to revolutionize the Gacha industry by launching the first of its kind project on Binance Smart Chain: a “gacha” game on the blockchain! Collect unique avatars, play minigames and battles while earning tokens, and more!
The project is launching on the market starting with its NFT launch, a legendary collection of non-playable characters pegged with amazing rewards that will be sent periodically to the NFT owners, forever!
Mavatrix pushes its launch with its collection of reward-based NFTs, the first of this kind on Binance Smart Chain
NFTs are increasingly revolutionizing both the design and creative industry together with the gaming industry. NFTs are in fact, in a gaming world or metaverse a class of digital assets or avatars that hold in themselves a unique and intrinsic value that also increases the owner’s sense of ownership of the game.
Mavatrix team intends to launch on the Binance Smart Chain a unique project that combines both Earning and Gaming Mechanisms, starting in fact with their NFT launch. These NFTs will thus be Mavatrix’s legendary non-playable characters who’ll hold a unique feature, rewarding their owners for believing in the Mavatrix project!
Awarding users’ loyalty through Mavatrix’s reward-based NFT collection
Mavatrix has high expectations and high potential. For this reason, the team wants the minters of the first NFTs release to receive a periodical (daily) share of royalties as a reward from all the transactions of the MAV token via Decentralized Exchanges such as Pancake swap, DeFi in general, or in-game.
This particular way of launch is a way to build trust and engagement with the first believers of the project. Mavatrix intends in fact to award the loyalty of the first believers who bought the NFT collection.
Mavatrix’s NFTs launch will additionally be the first example of reward-based NFT launch on the Binance Smart Chain protocol, setting a precedent and model for the other upcoming projects using this blockchain technology started by the giant monster exchange Binance.
Users and first believers will receive rewards will be based on the MAV Token which may also be the base currency of the game. Additionally, should anyone want to sell their NFT, which will be possible too! In this case, though, the owner will lose access to every reward not yet withdrawn that will be collected by the new owner.
After the launch of the collection, in fact, the community will be able to sell their NFTs and Tokens onto secondary marketplaces such as Binance marketplace and their MAV Tokens on DeFi Exchanges such as pancake swap. Again, the NFT owners must understand that by selling their NFT they’ll also give up on the opportunity of getting automated rewards in their wallets.
Rewards will then become the first and most important appreciating quality for the NFTs who will not in fact be just worthless unique images but will store real value via their automated generating rewarding events.
So users can get their Mavatar and join the launch on the 22nd of December.
Mavatrix is set to revolutionize the NFT and Gaming industry starting right from its launch dropping their first legendary collection of NFTs pegged with incredible rewards!
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