NEW YORK, NY, Aug. 12, 2022 (GLOBE NEWSWIRE) — The Play-to-Earn Game model powered by NFTs will continue to rise and open a new era in the blockchain industry. Earlier this April, Monsterra, an attractive and potential gamefi project, has successfully raised $2M Early IDO led by Hashed, Shima Capital, Huobi Ventures, Icetea Labs, Salad Ventures to get ready for IDO and official game launch.
A Promising GameFi Project
Deployed on both BNB, Avalanche, and Terra, Monsterra is the hidden germ in the blockchain game industry this 2022. Building a revolutionized design combining free-to-play, play-for-fun, and free-to-earn models, Monsterra offers gaming enthusiasts a fun and high-profit playground with no initial investment. Monsterra applies the dual-token model, comprising MSTR (the primary token) and MAG (the reward payout token). These currencies are used variously in multiple in-game activities to effectively balance the earning and burning mechanism.
Monsterra said that they are proud to have a passionate team of 50 seasoned individuals who have been working hard together to develop a well-structured gameplay and sustainable in-game economy with 8 main components including gameplay, DAO Treasury, NFT Marketplace Guild Portal, Bridges, Minigame, MonsTV & Events. With that rich & diverse ecosystem, Monsterra has successfully boated $2M investment funds from many giants in blockchain space including Hashed, Huobi Ventures, Shima Capital, Icetea Labs,…
