Monopoly Millionaire Game recently closed its seed funding round after raising 1 million dollars. Led by Mirana Ventures, the round helped MMG cross the 10 million dollar mark in market value.
The GameFi project released an official post to inform and thank its users. Besides Mirana Ventures, names like Mint Ventures, Ventorylabs, Crypto J, and Kernel Ventures also played a crucial role in the event.
The Monopoly Millionaire Game team will divide the fund into four primary parts:-
- Game Development
- Project Operation
- Game Marketing
- Game Promotion
The goal is to establish a global user base while improving the game as much as possible. Angle, MMG’s CEO, talked about the recent development.
According to Angle, the fund will help MMG attain its goal of offering the best GameFi experience, attracting millions of worldwide players to the play-and-earn game.
In the Monopoly Millionaire Game, users can easily earn daily rewards by merely checking in the game. In addition, they can earn P2E rewards via NFTs within their life cycle.
With daily check-in rewards, players can ensure to earn back their principal. The GameFi project will control the prevalent inflation issue by limiting the life cycle of every NFT. Players must upgrade the non-fungible token or sell it after the life cycle ends.
This way, the game can moderate inflation, facilitating a healthy ecosystem. Now that the official version of MMG has been launched, players can access it easily from the official website.
In addition to the launch, MMG has also wrapped up the sale of its NFT mystery boxes. The sale was conducted on Binance and Bybit NFT marketplaces with significant success, and it sold over 800 mystery boxes within an hour of its release.
The NFT and GameFi communities have welcomed MMG with open hands. Given the increasing demand for P2E games, Monopoly Millionaire Game will rack a huge user base.