Play to Earn Games Coin Meta Masters Guild Raises Over $50k in 24 Hours – Buy Before Next Week’s 40% Presale Price Rise
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New crypto gaming project Meta Masters Guild enjoyed a stunning launch to its crypto presale – raising more than $50,000 in its first 24 hours.
The project, which is building the world’s first dedicated Web3 gaming platform, has secured $80,000 of funding at the time of writing, with investors rushing to secure tokens before the price rises.
Now on sale for just $0.007 in the first stage of its presale, MEMAG tokens will increase with every stage.
Those who invest now will see the price rise by 40% to $0.010 as the token enters stage 2 next week and by the seventh and final stage, the price will be set at $0.023 – a 228% increase from the price now.
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Focus on Fun
Despite the huge potential of GameFi and the best play-to-earn games, many projects have struggled to maintain player bases over a long period.
There are a slew of reasons for the sector’s struggles, but one of the major reasons is that many projects have focused on rewards and earning mechanics over the quality and replayability of the games, as well as the consistent selling pressure on tokens.
Meta Masters Guild will ‘focus on fun’, according to its whitepaper, and prioritize making games that have longevity and are sustainable.
Furthermore, by focusing on mobile games – which are typically cheaper and easier to develop – they will not get bogged down attempting to create vast AAA-rated games that are expensive and take years to build.
The native MEMAG token will also not be used for rewards and will instead underpin the project, meaning it does not face the same selling pressure from players.
A second token, GEMS, will be used for rewards and will exist off-chain and only in the game – GEMS will be used for rewards, to purchase and upgrade assets and can also be converted back to MEMAG.
Three games are currently in development in the ecosystem. Meta Kart Racers is a racing game, Raid NFT is a turn-based fantasy fighting game and Meta Masters World is the project’s metaverse and an open world with little structure for players to explore.
Meta Masters Guild will also welcome other developers and studios to build games in its ecosystem.
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MEMAG Token Presale Info
As previously mentioned, the MEMAG token presale is currently in the first of seven stages.
There is a max 1 billion supply of the taxless ERC-20 token, with 35% allocated to the presale, with no vesting period and a hard cap of $4.97 million – another 15% has been allocated for exchange listings and liquidity.
The remaining tokens are allocated to the continued development of the ecosystem (15% of the max supply), the marketplace (15%), reserve (10%), and team (10%). Those tokens will be vested and unlocked linearly for up to 48 months.
The Meta Masters Guild developers are doxxed and have been KYC verified by CoinSniper, while SolidProof has audited the MEMAG token smart contract.
| 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 |
Read through our full beginners’ guide to buy MEMAG tokens during the presale.
More information on the project and the latest news can be found on the Meta Masters Guild Telegram group.
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