New Play to Earn Crypto Meta Masters Guild Launches Presale – Raises $30k in Minutes
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New crypto presale project Meta Masters Guild has only just launched its presale but saw investors secure more than $30,000 of MEMAG tokens in just minutes after it opened.
Investors have raced to buy into the project which will be the world’s first dedicated Web3 mobile gaming platform – which is among the best new cryptos to buy – and promises to disrupt the play-to-earn space.
While P2E games have fallen by the wayside because of overly ambitious plans to build AAA-rated games with like graphics and vast metaverses, Meat Masters Guild will focus on mobile games which are typically cheaper and less time-consuming to produce.
That’s not to assume they will be lower quality, however, the Meta Masters Guild whitepaper also states it will flip the gaming industry by developing games with a ‘focus on fun’ – concentrating on quality and longevity over tokenization and reward mechanics.
Play-And-Earn Not Play-To-Earn
Meta Masters Guild wants its games to not solely exist as drivers for profit, having seen other high-profile Web3 games suffer significant boom and bust cycles once certain players made their money and moved on.
The project emphasizes that its catalog of games will be play-and-earn rather than play-to-earn, where gamers enjoy the games because of their inherent qualities and replayability, rather than just because they can turn a profit.
To further that goal, the native ERC-20 MEMAG token is not used as a reward, instead underpinning the whole project and used to fund its development.
Another token, GEMS, will be used for rewards and as a currency across all the games on the platform – it will exist off-chain and will have no real-world monetary value, although it will have numerous use cases within the Meta Masters Guild World, from purchasing assets and NFTs in the marketplace to upgrading assets. It can be converted to MEMAG as well.
The project has taken this approach to avoid the consistent selling pressure that has plagued other Web3 games.
Meta Masters Guild Games
Three games are already in varying stages of development in the Meta Masters Guild ecosystem.
The furthest along is Meta Kart Racers, which is expected to launch in late 2023. Players face each other in player-vs-player races, competing for the Meta Kart Championship and attempting to escape evil Meta overlords.
The game will see players able to upgrade their drivers and karts as they progress through the game.
Raid NFT is a turn-based fantasy fighting game where players choose from one of several warrior classes and complete challenges and quests. There is both a single-player story mode and the opportunity to battle others in Raid NFT.
Finally, Meta Masters World is the ecosystem’s flagship metaverse and is an open-world with little structure or limitations on how players approach it – players will have full autonomy to explore the world and collect resources.
All assets in the games are ownable NFTs and Meta Masters Guild is also developing a bustling marketplace where players can engage in trade with each other, with the games all linked by MEMAG and GEMS.
As well as developing their own selection of games, the project will also welcome other studios and developers to join and build on the platform.
MEMAG Presale and Tokenomics
Meta Masters Guild has only just launched its MEMAG token presale but interest is already high.
As well as the potential of the platform, investors have also been attracted by the high potential of the token – which will increase in price by 228% during the course of the presale.
Stage 1 tokens cost just $0.007 each but the price will rise to $0.023 by the time of the seventh and final presale stage.
Of the max 1 billion supply, 350 million tokens (35%) are available during the presale, with no vesting period and a hard cap of $4.97 million, while another 15% is allocated for exchange listings and liquidity.
The remaining 50% will be split between the reserved for the development of the ecosystem (15%), marketplace (15%), project reserve (10%), and team (10%), with all those tokens vested and unlocked linearly over periods between 36 and 48 months.
The Meta Masters Guild developers are doxxed and have been KYC-verified by CoinSniper, while the MEMAG token smart contract has been fully audited by SolidProof.
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Read through our full beginners’ guide to buy MEMAG tokens during the presale.
More information and the latest news can be found on the Meta Masters Guild Telegram channel.