Shrapnel, Mavia, DeHorizon | Hidden Gems – Gaming and Metaverse

Shrapnel, Mavia, DeHorizon | Hidden Gems – Gaming and Metaverse

Review Date: February 28th, 2022 |

We scored over 50 projects and metaverse coins this week, and these are the 4 we think you should know about:

• Shrapnel
• Eternal World Online
• Sky Mavis
• DeHorizon

Please keep in mind that some of these projects have not yet been subjected to our code review process, but we want to call them out here for preliminarily catching our eye based on our fundamental analysis process.

Shrapnel (80%)

Website – Documentation

Developed by a triple AAA gaming studio based out of Seattle, Washington – Shrapnel is an up-and-coming blockchain-based FPS that was developed by a world-class team of designers, producers, artists, and programmers. Neon is authentically leveraging some of the most exciting pillars of utility that blockchain has to offer to the game — its core game design innovates on competitive game modes, and its digital economy will directly reward and empower the community

Why we like it:

Shrapnel’s parent company Neon Media, is a spin-off from its parent company HBO. The team behind this project also partnered up with one of the most prominent blockchain gaming infrastructure projects, Forte, to bring some of the most exciting pillars of utility that blockchain gaming has to offer.

Investors:

Neon Media has already received approximately 11 million in funding from Griffin Gaming Partners, Polychain Capital, Dragonfly Capital, Three Arrows Capital, DeFiance Capital, Mechanism Capital, and gaming guild Merit Circle.

Team:

Shrapnel currently has 14 active employees, their backgrounds come from fortune 500 companies like Microsoft, HBO, Sega, and Electronic Arts.

Token Utility:

TBA

Where can you buy the token:

TBA

Eternal World Online (78%)

Website – Documentation

World Eternal Online is a next-generation cross-platform MMORPG developed with blockchain elements. Created as a sandbox MMORPG with its own player-driven economy and dynamics, World Eternal Online will be available on PC and mobile devices.

Why we like it:

World Eternal online is creating a sandbox MMORPG where players can interact with thousands of other players and battle monsters, raid bosses, and enter into PvP battles with one another. To ensure the creation of a vibrant economy, WEO is taking the approach of successful games like WoW by planning to complement its growing game economy by implementing a crafting feature for items like monster loot and resources.

Investors:

Developed by its parent company Core Loop, World Eternal online is a new game venture by the veteran gaming team and it is backed by investors such as Andreessen Horowitz and Galaxy Interactive.

The Team:

World Eternal Online’s team consists of game veterans, many of whom have worked in the industry for over 15 years at places like Machine Zone, Unity, Relic, and Crystal Dynamics.

Token Utility:

Up-and-coming play-To-Earn MMORPG, the token has not been announced

yet.

Where can you buy the token:

TBA

Mavia (77%)

Website – Documentation

Heroes of Mavia is an online multiplayer blockchain-based strategy game where players can build their base and army to battle other players and compete for real cryptocurrency as a P2E game. Set in a fantasy-themed island called “Mavia”, a player’s objective in the game is to grow their base and army by using resources in the game gained from attacking other players’ bases.

Why we like it:

Pivoting from traditional games that are similar to Clash of Clans and Clash Royale, Heroes of Mavia is providing gamers with a similar strategy-based game that provides hours of endless entertainment where gamers can build their own air and ground forces, maximize their tower defense and assemble a defensive army. Heroes of Mavia also introduces its own NFT based system which allows players to upgrade their NFTs for further attributes(defense/offense).

Investors:

$5.5 Million invested from Delphi Digital, Genblock Capital, Mechanism Capital, Alameda Research, Animoca Brands, and Hashkey Capital.

The Team:

Developed by Skrice Studios, a southeast Asian gaming company with 20+ employees.

Token Utility:

Heroes of Mavia is utilizing a two-token model for its game:

1. Mavia – Governance token and the only currency used to exchange NFTs on the Mavia Marketplace
2. Ruby – In-game currency that is rewarded as play-to-earn, any RUBY transacted with in-game is burnt automatically

Where can you buy the token?:

TBA

DeHorizon (75%)

Website – Documentation

DeHorizon is creating a virtual metaverse ecosystem that is compatible across multiple chains, where players can create, socialize, and enjoy blockchain-based games with their friends.

Why we like it:

DeHorizon is creating a fun, play-to-earn game that is actually playable and enjoyable.

With gameplay like Smite and League of Legends, DeHorizon is taking gaming mechanics that are already successful and integrating them into blockchain creating a tournament and carnival-based game.

Investors:

$8.5 million raised from Sfermion, DragonFly Capital, Animoca Brands, Yield Guild games, Mechanism Capital, Dialectic Capital, and OKEx block dream ventures.

Team:

33 outfit team, most notable team experience comes from UC Berkeley Robotics, Cornell University, Bithumb Global, and Dungeons&Dragons.

Token Utility:

DeHorizon is using a two-token model to extract and provide as much value as possible to the ecosystem of games it is building

1. $DEVT, governance token: stake to get access to DAO, staking rewards, on-chain liquidity rewards, and active member awards.
2. $DVT, native in-game token: Battle to Earn, Stake Rewards (DEVT, DVT), on-chain liquidity.

Where can you buy the token?:

Currently, in Testnet, DeHorizon’s alpha release is expected to launch this Quarter.