Chimeras Metaverse raised over $2 Million to fund the development of its thrilling mobile free-to-play and play-to-earn game with the integrated DeFi farming and NFTs. The team intends to use the fresh funds for product development and marketing campaigns. In addition, it will also help them launch the game’s native token $CHIM
Chimeras’ funding round saw the participation of leading blockchain investors, which included AU 21, Poolz Master Ventures and Panda Capital. BullPerks, X21, OIG Invest, LVT Capital, Otis Capital, Shima Capital, and Lotus Capital also pitched in to complete the round.
What’s the Next Move of Chimeras Metaverse?
After the funding round, the next move of Chimeras is to launch the four Initial DEX Offerings (IDOs) in the next few days. The first IDO will take place on the Poolz platform on October 26. Two days later, on October 28, the project will hold its second and third IDOs on Ignition and BullPerks platforms. As for the final IDO on October 28, Chimeras is still negotiating with a TBA platform.
According to the website, the $CHIM token has a maximum supply of 75 Million. Meanwhile, the initial market cap is set at $378,000, with each token going for $0.6 during the public sale. The team is allocating the initial token supply for the team, advisers, blockchain focus funds and users participating in the game activities.
Users who are part of the farming pools will also receive tokens from the initial supply. Farming pools are important because they will provide in-game loans and generate interest and other rewards.
Upon launch, the $CHIM token will carry in-game utility. The token will also form the backbone of the in-game economy, allowing users to exchange in-game assets such as land and NFT-based items. Users can also spend $CHIM on content creation and the maintenance of in-game assets.
Exploring the Gameplay
Chimeras plans to stand out by offering a vast open-world to monetize on, with new territories unlocked via NFTs, a mind-boggling variety of cuddly pets, creatures, exciting battles and fun in-game events.
The gameplay starts with users playing mini-games. The results of such activities grant users a reward in the form of an NFT. The NFT distribution is based on a fully immutable program and independent of all other modules in the Chimeras game.
The core gameplay also involves battles between players, who send their creatures to engage in a random fight. The players are divided into two teams and the battle continues until the health of all creatures of the opponent team reaches 0. The winning player receives CHIM and experience for their creatures.
In this regard, players can either be farmers, killers, alchemists, traders, landowners and socials. Farmers are the major suppliers of NFT items to the in-game market. Meanwhile, Killers are suppliers of the $CHIM token to the market through the battles.
The game starts when the Online Attacker spends a small amount of CHIM to participate in the battle, and the battle ends when one of the following conditions is met — the health of all the creatures on one of the teams reaches 0, or the time allocated for the battle expires. The average duration of every fight is 50 seconds.
If you want to learn more about the game ahead of the launch of its native token $CHIM, visit the website.