Chimeras Metaverse raised more than $2 million to finance the development of its mobile game, which is free to play and earn, according to Global News Wire. The new funds will be used by the team for the development of product and marketing campaigns. It will also allow them to launch $CHIM, the game’s native token.
The funding round for Chimeras obtained participation from many of the most prominent blockchain investors including AU 21, Panda Capital, Poolz Master Ventures, and Panda Capital. BullPerks and OIG Invest participated in the round as well as Otis Capital, Shima Capital and Lotus Capital.
What’s Next For Chimeras Metaverse?
The next step for Chimeras after the funding round is to launch four Initial DEX Offerings, or IDOs. On October 26, the first IDO will be held on Poolz. The project will host its second and third IDOs two days later on October 28 on BullPerks platforms. Chimeras is still in negotiations with a TBA platform for the final IDO.
The website states that the maximum supply for $CHIM token is 75 million. The initial market cap for $CHIM tokens is $378,000. Each token will go for $0.6 during public sale. The initial token supply will be allocated by the team to the team, its advisers, the blockchain focus funds, and the users who participate in the game activities.
Members of the farming pool will receive tokens from the initial stock. Because they provide loans in-game and interest, farming pools are very important.
The $CHIM token will be available in-game utility upon launch. It will be the backbone of in-game economics, allowing players to exchange in-game resources such as land or NFT-based goods. You can also spend $CHIM to create content and maintain in-game assets.
Chimeras intend to stand out by offering monetization, new territories that can be unlocked through NFTs, and a wide range of cuddly pets and creatures, exciting battles, and fun in-game events.
Users start by playing mini-games and receive a reward for completing various activities in the form of an NFT. NFT distribution is based upon a completely immutable program that is independent from all other modules in Chimeras.
Core gameplay includes battles between players. Players send their creatures out to engage in random fights. The battle is broken up into two teams, and each team must continue until their opponent’s creatures reach 0. The winner receives CHIM and experience to their creatures.
Mobile free-to-play and pay-to-earn game with exciting features including DeFi farming and NFTs.
This means that players can be either farmers, socials, killers or alchemists. NFT items are mainly supplied by farmers to the in-game marketplace. In the meantime, the $CHIM token is supplied by Killers to the market via battles.
The Online Attacker must spend a small amount on CHIM to join the battle. The battle ends when either the health of all creatures on the team reaches zero or the battle time expires.
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