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New Partnership Pushes Sustainable Game Economy via Binance-Backed Mavia and World-Leading Machinations

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The “Verified by Machinations” seal from the world-leading game economy platform will demonstrate Mavia’s commitment to strive for a healthy in-game economy

Hanoi, Vietnam–(Newsfile Corp. – March 24, 2022) – Heroes of Mavia, a blockchain-based play-to-earn massively multiplayer online (MMO) strategy game developed by Skrice Studios, has officially joined Machinations’ Game Economy Health Monitoring Service as it aims to build a sustainable and healthy in-game economy.

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Mavia is undergoing a thorough process involving large-scale simulations for different scenarios and testing for inflation and deflation events. It will receive the “Verified by Machinations” seal upon meeting the criteria of the world-leading game economy platform. Even after that, Machinations will continuously monitor Mavia’s game economy based on live telemetry and Web 3.0 market data to help developers fix any potential issues.

Ever since the team at Mavia started using Machinations, we’ve been impressed with their commitment to delivering a perfectly balanced game economy to their fantastic community. As of today, we’re excited to have them go through our Game Economy Health Monitoring process and support them in building & maintaining a healthy game economy for Heroes of Mavia,” said Mihai Gheza, Co-Founder and CEO of Machinations.

In the play-to-earn gaming sector, complexity increases exponentially when game developers deal with crypto and Web3’s new paradigms like utility assets, AMMs, liquidity pools, DAOs and volatile market conditions. Machinations’ Game Economy Health Monitoring Service provides developers with the tools and insights to build and maintain a healthy game economy and avoid economic pitfalls.

Tristan Chaudhry, Managing Director of Skrice Studios, said, “At Mavia, we are determined to create the best experience for our players. Our standards demand the best graphics, and the game economy must be sustainable long-term. We are pushing the boundaries of what it means to make a AAA quality blockchain game. We are partnering with Machinations to validate Mavia’s economic health and obtain the Verified by Machinations seal.”

Maintaining a sustainable in-game economy is crucial to Mavia’s long-term success as it is shaping up to be one of the biggest P2E games focusing on esports and competitive gaming. A healthy game economy provides players with opportunities for economic advancement within the game setting while also generating revenue for the DAO. The “Verified by Machinations” seal reflects the balance between these two purposes.

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Tristan further added, “Machinations will give our team the ability to simulate and test the game economy during development and continuously monitor the game economy in production. The Mavia team has been working with Machinations to drive the standard for the future of all Web3 games. With this partnership, Mavia is showing our dedication to our community to maintaining standards on all aspects of the game.”

Backed by Binance and Crypto.com Capital, Heroes of Mavia delivers AAA quality graphics and brings cutting-edge features to GameFi. It allows every base in the Mavia ecosystem to be live streamed during attacks and defenses. All the battles are permanently recorded and can be viewed by anyone, forever. It promises to change the NFT gaming landscape with its intricate mechanics, exciting gameplay, and unique monetization features.

About Machinations

Founded in 2018, Machinations.io is the first and only browser-based platform used by more than 35.000+ professionals to design and predict game economies & systems for premium, free-to-play, and play-to-earn games. Machinations originated as a PhD research at the University of Amsterdam in 2012 by one of the co-founders. It has since spread organically through more than 400 academic institutions across the planet. With a fast-growing open community building in public and rolling out integrations with the most popular telemetry providers & markets, the platform is set to become the standard for game economy modeling, forecasting and optimisation.

For more information, please visit: Website | Twitter | Discord | YouTube | LinkedIn

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Media contact

Dana Gheza
[email protected]

About Mavia

Heroes of Mavia is a play-to-earn MMO strategy game developed by Skrice Studios. The game takes place in a fantasy-themed island called Mavia, where players build bases on plots of land and battle neighboring bases and armies. Players must strategically place defensive buildings on their base such as walls, turrets and traps, in order to defend against opportunistic attackers looking to steal resources. Resources can also be stolen from rival bases through attacking opponents with land troops, vehicle and air units. 

Media contact: 

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Nania Tran
[email protected]

For more information, please visit: Website | Twitter | Telegram | Discord

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/117979

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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Blockchain

This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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