Play to Earn Games Platform Meta Masters Guild Raises $700k - Only 9 Days Before Higher Presale Price
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Upcoming crypto gaming project Meta Masters Guild had another strong day of investment as more than $65k was raised in the last 24 hours.
The MEMAG token presale now stands at around $735k at the time of writing, just over a week since it was launched and is our top pick for the next crypto to explode.
Buyers are rushing in to secure tokens because the price will increase through seven presale stages - with the seventh and final stage costing 130% more than today's price.
Furthermore, there are now just nine days remaining before the presale moves from stage 2 into stage 3, which will trigger a 30% increase from $0.010 to $0.013.
Investors Excited by Mobile Gaming Platform
As well as its high-potential crypto presale, Meta Masters Guild is also building the world's first dedicated Web3 mobile gaming platform.
Although they lack the prestige of AAA-games, mobile games are cheaper and easier to develop, more attractive to casual gamers and much more profitable.
A recent report by Newzoo revealed that in 2022 the mobile gaming market ($92 billion) was worth more than console ($52bn) and PC gaming ($38bn) combined and was set to grow to at least $103 billion by 2025.
Having witnessed numerous crypto gaming projects bogged down attempting to develop vast and complicated games, MMG is taking the simple approach.
The project is also emphasizing their games will have a 'focus on fun' over tokenization and earning mechanics and, to that end, have developed an in-game currency to relieve consistent selling pressure on MEMAG that has sunk other P2E tokens.
Players will receive GEMS as rewards for their in-game achievements, which can also be used to purchase and upgrade assets and be converted back to MEMAG.
Three Games In Development
Meta Masters Guild already has three games in development and also plans to invite indie studios and developers to join their ecosystem.
Meta Kart Racers is the furthest along the line and is expected in late 2023 - the racing game will see players purchase and upgrade karts and drivers and compete against others in player-vs-player races.
Raid NFT is turn-based fantasy fighting game and Meta Masters World is an open-world metaverse.
That game will have little structure and few limitations, with players free to roam and explore, collect resources, complete missions and interact with other players.
Meta Masters Guild will also have a bustling central marketplace with all assets in the game ownable as NFTs and tradeable by players.
Tokenomics and How to Buy
The project has a max supply of 1 billion MEMAG tokens and 35% of those will be allocated to the presale. There will be no vesting period on presale tokens, which have a hard cap of $4.97 million and 15% has also been allocated to liquidity and exchanges.
The remaining supply is allocated to the development of the project (15%), the marketplace (15%), the reserve (10%) and the developers (10%) - with those tokens having a vesting period of between 36 and 48 months.
The developers are doxxed and have been KYC verified by CoinSniper, while the MEMAG token smart contract has been fully audited.
More information and the latest news can be found in the Meta Matsers Guild Telegram group.
Interested buyers should also read our step-by-step MEMAG buying guide.
|Presale Stage||Price||Amount of Tokens||Raise Value|