NFT collection Mavatrix announces listing on Binance NFT Marketplace

Mavatrix, the first reward-based nonfungible token (NFT) collection on BNB Chain, has been listed on Binance NFT Marketplace on the Binance platform.

It is a major achievement for the team, as it is among the first Italian-led projects. Mavatrix aims to build an entire ecosystem of NFTs, games and staking that is to be part of one of the largest and most future-proof NFT marketplaces.

Powered by the Binance blockchain infrastructure and community, Binance NFT Marketplace provides the highest-liquidity platform for users to launch and trade NFTs.

Mavatrix launched the first legendary collection of 8,799 unique art pieces on December 22, 2021, and users can now buy, sell or trade these NFTs — the token ticker is MVX — on Binance NFT Marketplace as well.

Certified By Certik

Mavatrix has recently been certified by CertiK, the leading security platform, to analyze and monitor blockchain protocols and decentralized finance (DeFi) projects. The Mavatrix core team has worked closely with Certik experts to ensure the project passed advanced security audits and penetration tests. Overall, Mavatrix’s score was 88 out of 100.

The full report is available at: certik.com/projects/mavatrix.

Giulio Gagliano and Jonas Canta, founders of Mavatrix, said, “The first and most important thing for us is providing our community and tokenholders with the highest safety and security standards. With Certik’s audit certification, Mavatrix highlights its commitment to ensuring the security of its blockchain and smart contracts, bringing transparency and maximum benefits to investors and users. Now that we’ve launched on Binance NFT Marketplace, the next step is to work hard to turn what a few months ago seemed just a dream into reality: launching the first gacha game on the blockchain.”

The uniqueness of Mavatrix

Mavatrix is more than a simple NFT collection: Mavatars, which refer to NFTs released by Mavatrix, have a unique feature. Each Mavator has an intrinsic value due to rewards periodically received by the wallet owner. 

Every character has a unique DNA divided into eight attributes and one ethnicity based on their rarity, which is assigned randomly and affects the rewards received. 

 

Rewards pool

The rewards pool is a smart contract generated by the Mavatrix team to collect royalties from DeFi token transactions. It appears simple but is technically complex. In the image above, one can appreciate the rewards percentage going to each NFT owner from the rewards pool. The mechanism assigns rewards from a reward pool that picks its balance from an additional 3% slippage added above the normal transactions commissions applied by the decentralized exchange itself. The rewards are then, from this additional 3%, distributed based on the NFT’s weight and rarity.

The second drop launch is expected in the third quarter of 2022. Collectors will be able to access the Mavatar generator to mint new avatars for use in the game or to sell them on secondary marketplaces such as Binance NFT.

Giveaway campaign

In order to celebrate the achievement, the Mavatrix team has launched an exclusive giveaway with up to $4,000-worth of digital assets.

One lucky winner will be rewarded with a rare Mavatar NFT. Individuals in second and third place will get a common NFT and $100-worth of MVX tokens, respectively.

Further details can be found here: gleam.io/hMo3J/mvx-token-nft-giveaway.

Mavatrix’s vision ahead

Mavatrix is currently at work on its first P2E game. Gagliano and Canta said it’s a “community-driven, interactive hub of gacha games that will use blockchain and NFT technology to allow its users to play mini-games and battle with each other while earning tokens.”

About Binance NFT

Binance NFT, the official NFT marketplace of Binance, offers an open market for artists, creators, crypto enthusiasts, NFT collectors and creative fans worldwide with the best liquidity rates and minimal fees. It has three product lines: premium events, mystery boxes and a marketplace. 

Binance NFT wants to build the first and largest GameFi NFT-trading platform for gaming projects via initial game offerings, featuring core in-game assets from top gaming projects. 

For more information, visit nft.binance.com. For creator and artist collaboration, contact nft@binance.com.

About Mavatrix

Founded by entrepreneur and blockchain advisors Gagliano and Canta, Mavatrix is an international team comprising veterans from the fintech, blockchain and gaming industries with the goal of closing the gap between NFT enthusiasts and gamers.

More information about Mavatrix is available here. 

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