Faraway Acquires Yuga Labs’ Legends of the Mara and HV-MTL

Bored Apes’ masterminds, Yuga Labs, has transferred its IP rights for ‘Legends of the Mara’ (LoTM) and ‘HV-MTL’ to Faraway to enhance both gaming experiences. 

Backed by prominent investors such as Lightspeed, Sequoia, and Andreessen Horowitz (a16z), Faraway employs a skilled team of over 100 developers, designers, and producers.

Formerly Yuga’s Chief Gaming Officer, Spencer Tucker now serves as Faraway’s Chief Product Officer, bringing invaluable expertise to uphold the NFT brand’s original vision. 

The partnership between the two gaming ecosystems was initiated a year ago to produce ‘Dookey Dash: Unclogged’ and develop ‘Legends of the Mara: Rise’.

Faraway’s focus now lies in enhancing the utility of HV-MTL and LoTM NFTs, emphasizing better network interoperability and a captivating new rewards system.

Source: X (Faraway)

Faraway’s HV-MTL and LoTM Points System

In a recent update on X, Faraway highlights the critical need for Yuga Labs’ members to monitor their metadata as it introduces reward initiatives linked to Yuga’s games.

The post announces that HV-MTL players will soon receive points, with factors like “HV’s Class, Companion, and Powerscore” determining scores.

Moreover, in Legends of the Mara, “All Kodas and Kodamaras will be receiving a new metadata field called LoTM Points,” despite these assets sticking with Yuga. 

Participation in Faraway’s ecosystem activities, including Dookey Dash: Unclogged Season 1, will also include similar bonuses. 

Faraway’s acquisition of HV-MTL and LoTM aims to “drive as much utility as possible to the primary NFTs that make up these collections,” marking exciting times ahead for Yuga’s NFT-collecting community members. 

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

The post Faraway Acquires Yuga Labs’ Legends of the Mara and HV-MTL appeared first on NFT Plazas.


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