A quick 3min read about today's crypto news!
Meta Masters Guild Presale Blasts Past $3.3 Million Raised – Secure Your Spot Before Stage 5 Sells Out
The Meta Masters Guild presale total has now surged to more than $3.3 million, having surpassed the $3 million mark only yesterday. This acceleration stands as a significant market-wide endorsement of the Web3 play-to-earn gaming guild, which plans to launch its first game in the third quarter of the year.
The presale is currently in its fifth stage, with 1 MEMAG selling at $0.019. However, the sixth stage is due to begin in only two days, with the incoming price rise partly explaining why the sale has sped up and continues to speed up.
Meta Masters Guild Presale Blasts Past $3.3 Million Raised – Secure Your Spot Before Stage 5 Sells Out
The Meta Masters Guild sale continues to pass milestone after milestone. Back on Thursday, the decentralized gaming guild tweeted that it had raised $2.5 million, yet this total has risen to $3.3 million in less than a week.
This works out at about $160,000 per day, yet it’s likely this rate will continue accelerating as the sale progresses and nears its end. This is because the price of 1 MEMAG will rise, reaching $0.023 by the seventh and final stage, representing a 228.6% rise over the first stage’s price.
The sale has been allocated 350 million MEMAG in total, or 35% of the coin’s total maximum supply of 1 billion. There remains every chance that this allocation will sell out by the time the sale finishes, given how quickly it has moved through the gears in recent days.
Interested traders can participate by navigating over to the official Meta Masters Guild website and connecting either their Wallet Connect or MetaMask wallet, before using either ETH or USDT to buy MEMAG.
It’s likely that Meta Masters Guild’s presale is doing so well because it has come at a time when interest in Web3 and play-to-earn is only rising. The blockchain gaming market has been forecast by analysts to grow in value to $104.5 billion by 2028, underlining the opportunity Meta Masters Guild now has.
As noted above, it plans to launch its first game — Meta Kart Racers — by the third quarter of the year, with this game being available on iOS and Android devices. Other Web3 and metaverse-related titles are already planned (e.g. Meta Masters World and NFT Raid), with the guild aiming to become thriving ecosystem of games from various developers.
What sets Meta Masters Guild apart from other play-to-earn platforms is that it’s primary aim is to develop games that are fun, entertaining, and rewarding more than anything else. Yet at the same time, the use of non-fungible tokens will mean that gamers will be able to own various pieces of the games they play.
Accordingly, there will be a native NFT marketplace, where gamers can trade in-game items they collect in Meta Masters Guild games. MEMAG will have governance and utility features, while it will also be usable for staking, potentially making it a very profitable coin to hold.
Big Presale Returns
Indeed, this seems to be the conclusion drawn by the growing numbers of investors participating in the MEMAG presale. And seeing as how good 2022 was for presales (even during a bear market), MEMAG has every chance of posting some big returns when it lists on exchanges in the coming months.
More importantly, its roadmap and its harnessing of some talented gaming studios (e.g. Gamearound, RWatlz) also gives it every chance of becoming a thriving gaming ecosystem when it launches. And as an early mover, it’s on track to corner a segment of the expanding Web3 gaming market before it becomes mainstream.
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
A quick 3min read about today's crypto news!
