Meta Masters Guild Presale Shatters Expectations, Raises $1.2 Million in Just Two Weeks – Time to Buy?

Simon Chandler
Last updated: | 4 min read
 

The Meta Masters Guild presale has passed $1.2 million in funds raised, reaching this seven-figure amount in only two weeks. This total exceeds forecasts for the player-to-earn gaming platform, which is set to launch its first title — Meta Kart Racers — by the third quarter of the year.

It also means that the second stage of the Meta Masters Guild presale has now sold out, raising the sale price for its native MEMAG token from $0.01 to $0.013. And with another price rise due in two weeks, early investors may need to act quickly if they wish to lock in the steepest possible discount on what may be one of the most successful tokens of 2023.

Meta Masters Guild Presale Shatters Expectations, Raises $1.2 Million in Just Two Weeks – Time to Buy?

What’s impressive is that the presale’s total stood at only $500,000 exactly a week ago. However, it was around this time that the sale gained some critical mass, with each new threshold acting as an incentive for other investors to hop on board, and with some 24-hour periods witnessing influxes over $100,000.

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In fact, yesterday saw the total pass $1 million, implying that the sale has raised over $200,000 in 24 hours. This kind of acceleration may continue, especially given that investors may prefer to act quickly before further price increases.

The presale will have seven stages in total, and in the final stage, 1 MEMAG token will cost investors $0.023. In other words, anyone who buys now at the current price of $0.013 will have effectively made a 76.9% profit, even before MEMAG lists (which could increase its price even further).

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Given that Meta Masters Guild has set an overall target of $4.97 million for the presale, it’s possible that the latter could end relatively soon, at which point exchange listings will follow.

Investors can participate by visiting the official Meta Masters Guild website and connecting their cryptocurrency wallets, using either ETH or USDT to buy MEMAG.

Based on Meta Masters Guild’s fundamentals, it’s not too hard to so why so many investors have already taken the plunge. Due to begin launching games in the third quarter of the year, it will be a mobile-focused gaming guild that will develop a range of Web3 and play-to-earn games. 

Within its ecosystem, the native token MEMAG will be used for governance purposes, as well as for staking and for purchasing items and NFTs. There will be a total maximum supply of 1 billion MEMAG, with the presale being allocated 35% of this total, as outlined in the Meta Masters Guild litepaper.

Aiming to distinguish itself from other play-to-earn platforms and games, Meta Masters Guild’s overriding objective is to develop games that are, first and foremost, compulsively fun. This, in its view, is the way to achieve lasting engagement and a sustainably active community.

To this end, it will be launching Meta Kart Racers as a free-to-play racing game that will also include an assortment of play-and-earn options. It will be available to play on smartphones (iOS and Android), and it will include a solo ‘arcade’ mode and various online player-versus-player options.

<oembed url="https://twitter.com/MEMAGgames/status/1616828075701936130[/embed]

With Meta Kart Racers, players will be able to spend MEMAG to buy rare in-game items and upgrades. On top of this, they can also win rare non-fungible tokens, in-game playable characters that can be enjoyed by the player themselves or sold on.

The game is already at an advanced stage of development, with gaming studio Gamearound in charge of bringing the guild’s launch title to life. Meta Masters Guild has also partnered with blockchain development company RWaltz, which has previously worked on Probit exchange, 100XCoin and BTC Bizarre.

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Other features will include the ability to stake MEMAG in order to earn yield, as well as the ability to buy in-game NFTs from the Meta Masters Guild store.

Exchange Listings and Presale Profits

Taken together, such features suggest that the platform could gain some serious traction when it launches later this year. Not only that, but presales last year also suggest that early investors in MEMAG could make some above-average returns when the coin lists on exchanges in the next couple of months.

For instance, some of the best presale coins have posted gains of over 1,000% after listing for the first time. To name two particular examples, Lucky Block (LBLOCK) and Battle Infinity (IBAT) witnessed increases as high as 6,000% and 3000% last year, compared to their initial presale prices of $0.00015

As such, if the market continues enjoying its current recovery, and if early investors time their movements right, MEMAG could end up helping their earn a very tidy profit. Yet given how promising Meta Masters Guild looks as a gaming platform, it may simply be more profitable to hold onto MEMAG for the long term and enjoy some really substantial gains.

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