On March 4th, Heroes of Mavia opened their Tropical Land Sale for whitelisted users. The sale went smoothly and took place on the Heroes of Mavia official website. Unsold land from the whitelist sale will be up for grabs on March 7th at 10AM EST. Let’s go over some stats about this first sale, the benefits and roadmap for land owners and the upcoming IGO on Binance.
For the first Heroes of Mavia whitelist land sale, a total of 7,000 lands from the Tropical region were available. Whitelisted users where able to mint lands depending on their allocations. There was a total of 4,600 common lands sold for 0.3 $ETH, 1,600 rare lands for 0.6 $ETH and 800 legendary lands for 0.9 $ETH.
The sale was held on the official Mavia website. Right after the sale, some lands were already listed for sale on OpenSea and the project shot up to the 4th place in the rankings by volume over a 24 hour period. At the time of writing this article, the floor price on OpenSea for a common land is 0.9 ETH, which is already 3 times the mint price… and this might be only the beginning. You can check out the Mavia Land Collection on OpenSea here.
Land Owners Benefits
Let’s take a look at the benefits and roadmap ahead for land owners.
Playing the game
The first benefit of owning a land, will be the ability to play the game as soon as soon as the game will be released. Alpha testing is planned for Q2, the public beta launch for Q3 and the global launch is set for the 4th quarter of 2022. Lands are where players will build their base. Two other NFT types will be available: Heroes and Statues. These NFTs will help you protecting your base and attacking enemy bases.
Selling or renting your base
As lands are NFTs, owners will be able to sell their lands on the Mavia Marketplace or on the secondary market. You will also be able to rent out your base, either for a fixed fee payed in MAVIA tokens or for a share of the RUBY profits between the owner and the renter.
Land owner will be able to soft-stake their land to earn rewards. These rewards haven’t been announced yet, but we can imagine that it will be either MAVIA or RUBY tokens. The team is also considering offering Hero and Statue NFTs to stakers! More details will be revealed on March 12th and the staking should start fairly soon after the announcement. The soft-staking process is entirely off-chain, which means that the NFTs will remain in the owner’s wallet and that staking and un-staking will be totally gas-free.
You can read more about all the benefits and the roadmap ahead in the official Medium post here.
Upcoming IGO on Binance
In addition to the first 7,000 lands, 1,000 common lands will be available on the Binance NFT platform. The sale will start on March 14th at 0:00AM UTC and end on the 17th at 12:00PM UTC.
The Binance sale will be divided in 4 stages:
1st stage – During this stage, users must demonstrate they are holding at least 0.1 BNB in their wallets in order to verify they are active users. Users will be able to see their average BNB holding on the staking dashboard 24 hours after the preparation stage begins (it takes 24 hours for the data to get refreshed). The average BNB holding will be calculated on hourly basis. Therefore, the team suggests users to hold at least 0.1 BNB before the preparation stage begin and to hold down that amount of BNB until the preparation end. Start time: 3/14 00:00am UTC End time: 3/16 2:00am UTC. All eligible users will move on to the second stage.
2nd stage – Users will be able to purchase NFT tickets with ETH. Each ticket costs the same price as the Land: 0.3 $ETH. Each user will be able to purchase up to 2 tickets. Non-winning tickets will be refunded to the users.
3rd stage – The ticket sale will close on March 17th at 9:00AM UTC and winner will be announced at 12:00PM UTC.
4th stage – The Land NFTs will be distributed to the lucky winners from 12:00PM UTC on March 17th.
If you want to learn more about the Mavia Land sale on Binance, tune in the Binance NFT telegram channel on March 7th at 2PM UTC.
Public Mint for Unsold Lands
Some lands are still up for grabs and the sale is going public on March 7th at 10AM EST. At the time of writing this article, there are 354 common, 112 rare, and 11 legendary lands left… No need to say that they will probably be sold in minutes and buyers should probably be ready to a pretty nasty gas war… If you feel like fighting for a piece of land, you can access the sale on mavia.com/nft/land.
UPDATE – The public land sale was exploited by some malicious users who found a way to prevent people from minting and by minting land themselves before selling them on OpenSea. The team closed the sale and made the following statement.
As you all are aware there was an issue during the public sale. MANY people in the beginning DID mint but then a bot DDOS’d our Backend (not front-end entirely), and created dozens of accounts and minted land. The exact numbers we will know soon. We paused the contract so no more minting could take place.
The team is going to mint the remaining land and raffle it to community who tried to mint. We will have more info on this later.
Our smart contracts were not hacked, and our servers were not hacked. Just a DDOS attack that allowed a few individuals to mint more than they should have, but it seems they have already sold.
Moving forward, we are not having more first-come-first-serve events that are exposed to this kind of risk, so this wont happen again.
Keep in mind again, nothing was hacked, just a bot minting more than they should have. Many regular users did get the chance to mint also, this is verifiable on the transaction history. Also remember there were less than 400 lands available in this round of the sale.
The main public sale is happening on Binance NFT marketplace, and this is coming up in next few days! We will be providing more info as we go along. Thank you all for your support, and we look forward to continuing to building this amazing project with everyone.