Play to Earn Crypto Meta Masters Guild Raises $570k in Presale – Just 11 Days Before Next Price Rise
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Upcoming play-to-earn crypto project Meta Masters Guild has now secured more than $570,000 in investment to blast through stage 1 of its presale in just six days.
The rapid speed of purchases also saw more than $200,000 spent in 24 hours as investors rushed to secure MEMAG tokens before the price increase in stage 2.
Tokens had been priced at $0.007 in stage 1 but with the $490,000 target quickly smashed, a price increase of 42.8% to $0.010 each has now been triggered.
The next increase will come on January 29, 2023, or when another $630,000 is raised – whichever comes sooner – with tokens jumping 30% to $0.013.
In fact, by the seventh and final stage, MEMAG tokens will have increased a total of 228% from stage 1 – or 130% from today’s price – to $0.023.
World’s First Dedicated Web3 Mobile Gaming Platform
Investors are excited by Meta Masters Guild not just because of its token presale but because it’s building the first dedicated Web3 mobile gaming platform.
While some see mobile games as inferior to PC, console and AAA-rated titles, the space is far larger.
According to new research from Newzoo, mobile gaming was worth more than $90 billion in 2022 and made up more than half of the global gaming market. They predict that by 2025, mobile gaming will be worth at least $103 billion.
Mobile games are cheaper and quicker to produce and Meta Masters Guild has taken that approach having seen many crypto-gaming projects bogged down in long, expensive and complicated builds.
They are also more attractive to casual games, more replayable and fun and MMG is already developing three games with a focus on fun – with tokenization and rewards a secondary concern.
Meta Kart Racers is the furthest along in its development and expected to launch in late 2023, while turn-based fantasy fighting game Raid NFT and open-world metaverse Meta Masters World are both in their early stages.
While other GameFi projects enjoyed massive pumps and then suffered significant dumps, MMG has also developed a second token, GEMS, to take consistent selling pressure away from MEMAG, which will underpin the project.
Players will earn GEMS for completing missions and unlocking achievements – GEMS will also be the ecosystem’s currency, with players able to use them to purchase and upgrade assets as well as convert back to MEMAG to sell.
‘Really Exciting Time’
Meta Masters Guild CEO Gabriel Hristov said: “We are extremely pleased to have seen such great interest in the project from our community.
“We are dedicated to bringing fun and playable Web3 mobile play-to-earn games with sustainable in-game economies.
“Rewarding our community is of paramount importance to my team, which means producing gaming titles that everyone enjoys and wants to come back for more – that’s our main objective.
“We will soon be releasing updates for the community to highlight new platform features, including NFTs and staking.
“It’s a really exciting time in the MEMAG ecosystem and we look forward to being on this journey together with our growing community.”
MEMAG Presale and How to Buy
As previously mentioned, MMG is now in stage 2 of its seven-stage presale.
There is a max supply of 1 billion MEMAG tokens with 35% allocated to the presale with no vesting period and a $4.97 million hard cap – 15% has also been allocated to liquidity and exchanges.
The remaining 50% of tokens are all vested for between 36 and 48 months and are divided, with 15% going to the development of the project, 15% to the marketplace, 10% for the reserve and 10% for the developing team.
The Meta Masters Guild team are doxxed and have been KYC verified by CoinSniper, while SolidProof have audited the MEMAG token contract.
More information can be found in the MMG Telegram group.
Interested parties should read our step-by-step MEMAG buying guide.
| Presale Stage | Price | Amount of Tokens | Raise Value |
| Stage 1 | $0.007 | 70,000,000 | $490,000 |
| Stage 2 | $0.010 | 63,000,000 | $630,000 |
| Stage 3 | $0.013 | 56,000,000 | $728,000 |
| Stage 4 | $0.016 | 49,000,000 | $784,000 |
| Stage 5 | $0.019 | 42,000,000 | $798,000 |
| Stage 6 | $0.021 | 35,000,000 | $735,000 |
| Stage 7 | $0.023 | 35,000,000 | $805,000 |
| Total | – | 350,000,000 | $4,970,000 |
