Press release
PRESS RELEASE. Monopoly Millionaire Game announced the completion of a seed financing round in excess of one million US dollars. It is a GameFi with marine themes that includes island building, cultivation, shooting, and other activities. MMG’s value was 10 million US dollars after this funding round.
Mirana Ventures led this round of seed funding. Kernel Ventures and Mint Ventures were also notable investors.
MMG Team stated that it would use the funds to realize its MMG GameFi vision, and to attract more players to the Web3 games. To get an entry in MMG, players will need to buy Cannon NFTs. The NFT entry allows players to earn check-in rewards daily and P2E reward points. Check-in rewards are available daily to players who have earned their principal back. Players can also earn P2E rewards within the NFT lifetime cycle.
“In MMG GameFi economic model, each NFT has a life cycle, that means, each can only be used for P2E for a limited period of time. The NFT must be upgraded or sold in order to extend its lifespan. This enables us to better control inflation and have a healthier ecosystem,” Monopoly Millionaire Game CEO Angle told on an earlier Press releaseCointelegraph. “Now MMG GameFi official version is launched. All users around the globe are welcome to visit Monopoly Millionaire Game official website to download and experience the game.”
Monopoly Millionaire Game has been developed by group members that have extensive game-developing experiences in well-known Internet companies. Although the product is in an early stage, investors feel it has great potential for growth to bring together game players around the globe.
“With several hundreds of experienced game developers, and tens of thousands of users in the world, the potential for Monopoly Millionaire Game is significant,” Karter, a partner at Mirana Ventures, said in the press release.
Monopoly Millionaire Game
Monopoly Millionaire Game features marine-themed activities like island construction, planting, harvesting, shooting and many more. This is an NFT P2E P2E game that was built on the BNB Chain.It uses a dual-token model of economics. MMG represents the in-game token, and MMC the governance token.
Cannon NFT is used by players to hunt marine animals. Each cannon fire consumes Gold Coins, which has a daily limit. Hunters earn MMG token rewards. Cannon NFT levels range from one to eight stars. Players will make more P2E profits the higher they go. A player will also be able to pay their entire NFT cost by signing up daily and receive additional P2E reward.
Each Cannon NFT has a “life cycle”. It expires and the player can either upgrade the NFT or put it up for sale on the marketplace. Inflation is a problem that many GameFi games have. MMG is a team that aims to establish a long-term, sustainable ecosystem in which players are able to enjoy and be entertained while also making a profit.
You can learn more about Monopoly Millionaire Game at www.monopolymillionairegame.com mmggamfi.com. Follow the link to stay updated with every update MMG TwitterYou can join them Telegram group.
Official website: https://www.mmggamefi.com/
Twitter: https://twitter.com/MMG_GameFi
Telegram: https://t.me/monopolymillionairemm
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