Heroes of Mavia began their Tropical Land Sale for whitelisted users on March 4, 2022. The sale went through without a hitch and took place on the Heroes of Mavia’s official website. Unsold land from the whitelist sale was made available for bidding on March 7, 2022, at 10 AM EST. Let’s go through the numbers about this initial sale, the advantages and future for landowners, and the impending IGO on Binance.
A total of 7,000 lands from the Tropical area were offered during the inaugural Heroes of Mavia whitelist land sale. Whitelisted users might mint lands based on their allotment. 4,600 common lands were sold for 0.3 $ETH, 1,600 rare lands for 0.6 $ETH, and 800 legendary lands for 0.9 $ETH.
The transaction took place on the Mavia website. Immediately following the sale, certain lands were posted for sale on OpenSea, and the project rocketed to the fourth position in the rankings by volume during 24 hours. At the time of writing, the floor price for a common land on OpenSea is 0.9 ETH, which is already three times the mint price, and this could be just the beginning.
Let’s have a look at the advantages and plans for landowners:
Playing the game
The first advantage of owning property is that you will be able to play the game as soon as it is launched. Alpha testing is scheduled for the second quarter of 2022, followed by a public beta launch in the third quarter and a global debut in the fourth quarter of 2022. Players will establish their bases on lands. There will be two more NFT kinds available: Heroes and Statues. These NFTs will assist you in both defending your base and assaulting opposing bases.
Selling or renting out your property
Landowners will sell their lands on the Mavia Marketplace or the secondary market since they are NFTs. You will also be able to rent out your base for a set cost paid in MAVIA tokens or for a percentage of the RUBY revenues split between the owner and the renter.
Soft-staking of land
Landowners will be allowed to soft-stake their property to collect incentives. These awards have not yet been published, but we can assume they will be MAVIA or RUBY tokens. The team is also contemplating providing stakers Hero and Statue NFTs! More information will be released on March 12, 2022, and staking should begin shortly following the announcement. The soft-staking mechanism is completely off-chain, which means that the NFTs remain in the owner’s wallet and that staking and un-staking are completely gas-free.
Binance’s Upcoming IGO
In addition to the first 7,000 lands, the Binance NFT platform will provide 1,000 common lands. The sale will begin on March 14, 2022, at 00:00 AM UTC and will conclude on March 17, 2022, at 12:00 PM UTC.
Binance’s sale will be broken into four stages:
First stage – During this phase, users must show at least 0.1 BNB in their wallets to be verified as active users. On the staking dashboard, users will be able to check their average BNB holding 24 hours after the preparation stage begins (it takes 24 hours for the data to get refreshed). On an hourly basis, the average BNB holding will be determined. As a result, the team advises users to keep at least 0.1 BNB before the preparation step begins and maintain that quantity of BNB until the preparation stage is completed. Start time: March 14, 2022, 10:00 AM UTC End time: March 16, 2022 2:00 AM UTC. All qualifying users will proceed to the next round.
Second stage – Users will be able to buy NFT tickets using ETH. Each ticket costs the same as the Land itself: 0.3 $ETH. Each user will be allowed to purchase a maximum of two tickets. Users who do not win will have their tickets reimbursed.
Third stage – The ticket sale will end on March 17, 2022, at 9:00 AM UTC, with the winner being revealed at 12:00 PM UTC.
Fourth stage – The Land NFTs will be handed to the lucky winners on March 17, 2022, at 12:00 PM UTC.
Also Read: Top 5 Play-to-Earn Games to Look Forward in March 2022
