Meta Masters Guild Crypto Presale Ends in 3 Days with Over $4m Raised so Far
The red-hot Meta Masters Guild presale will close in just three days and only $500,000 of MEMAG tokens remain on sale.
The presale has raced through seven stages in just a month, raising almost $4.5 million of its $4.97 million hard cap. In the closing stages of the presale, MEMAG tokens are on sale for $0.023 each.
Originally set to run until Q2 2023, Investors have not just been rushing to buy MEMAG because of the rapid growth of the presale, but because the high-potential project is developing the first dedicated mobile gaming platform in Web3.
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Advantages of Mobile Gaming
Mobile gaming is often seen as a lesser medium than console or PC gaming because the games tend to offer simplicity over the complex worlds and narrative structures of AAA-rated games.
However, while it is clear mobile games are less prestigious than some of those games, they have several very distinct advantages over AAA games.
They are much quicker, easier and cheaper to develop than major games and many crypto gaming projects have been bogged down trying to produce vast and complicated games that require huge investment to produce.
Furthermore, they are also significantly more profitable than PC and console gaming - a recent study by Newzoo found that mobile gaming ($92.2 billion) was worth as much as console gaming ($51.8bn) and PC gaming ($38.2bn) combined in 2022 and will grow to at least $103bn by 2025.
Mobile games are also much more addictive and attractive to casual gamers and tend to offer much more longevity.
By building Web3’s first mobile gaming platform, Meta Masters Guild has put itself in pole position.
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Focus on Fun
Despite the obvious advantages of mobile gaming over console/PC gaming in terms of driving revenue and profits, Meta Masters Guild have continually repeated that they are developing their games to have a ‘focus on fun’.
Tokenization and rewards will be a secondary concern, with the project taking lessons from other high-profile blockchain games that have seen huge pumps in price followed by huge dumps because their games are boring.
Play-to-earn (P2E) gaming has not quite taken off the way many thought and while there has been huge investment in a large number of blockchain games, the players are yet to really follow.
Meta Masters Guild describes itself as a play-and-earn project rather than P2E, with their primary concern making games that are fun and exciting to play and keep players coming back, over any tokenization or rewards.
MEMAG vs GEMS
With that mission statement in mind, MEMAG tokens are not used for rewards in MMG’s games and instead are used to underpin and fund the project’s development over the long-term.
Instead, Meta Masters Guild players will be rewarded in GEMS - a second, off-chain token - when they complete objectives and missions in the games.
GEMS can be used to purchase new assets and upgrades for games in the ecosystem, with all assets ownable by players as NFTs.
There will also be a bustling central marketplace where players can buy and sell their assets and GEMS can easily be converted back to MEMAG to stake or sell on an exchange.
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Three Games in Development
Meta Masters Guild so far has three games in development, with more to be added over time and indie games studios and developers also welcome to join the ecosystem.
Meta Kart Racers
Meta Kart Racers is the furthest along in its development stage with its beta version expected in the coming months and the full game set to be released by the end of 2023.
The game is being developed by Gamearound - who previously produced games for multi-billion-dollar fashion retailer Boohoo - and will see players take to fun tracks and race for rewards and the Meta Kart Championship.
Players will be able to purchase and upgrade new drivers and karts, with the 3D game playable both in solo and player-vs-player modes.
Raid NFT and Meta Masters World
Two more games are in the conceptual stage of their development process.
Raid NFT is a turn-based fantasy fighting game where players choose from a warrior class with different attributes and skills and battle other players in hostile environments - it is also available to play in solo or PVP modes.
Meta Masters World is the project’s metaverse. It is an open world with little structure and few limitations, with players able to roam and explore, interact with other players, collect resources, complete missions and conquer areas of the world.
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MEMAG Tokenomics and Presale Info
As mentioned above, the presale is now in its final stage with only three days remaining until it closes.
Meta Masters Guild comes from doxxed developers who have been KYC-verified by CoinSniper, while the MEMAG token smart contract has been fully audited by SolidProof.
There is a 1 billion max supply of MEMAG tokens, of which 35% (350 million) were made available for the presale - with only 20 million still on sale - with no vesting period and a hard cap of $4.97 million.
A further 15% will be reserved for liquidity and exchange listings, with the remaining supply divided between the ecosystem (15%), marketplace (15%), company reserve (10%) and the team (10%). Those tokens are vested for between 36 and 48 months.
The project is also running a $100,000 MEMAG token giveaway, with holders able to stack entries by completing tasks on social media.
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Buy MEMAG
To purchase MEMAG tokens before the presale closes, follow these steps:
- Step 1 - Download Crypto Wallet such as MetaMask or Trust Wallet
- Step 2 - Purchase ETH on an exchange, directly with the wallet, or on the MMG website.
- Step 3 - Connect to the MMG website and select ‘Buy with ETH’, then follow the instructions to complete the purchase. There is no minimum purchase amount but buyers must remember to leave a small amount of ETH spare to cover gas (transaction) fees.
- Step 4 - MEMAG tokens will be stored on the website but can be claimed when it ends. The project will announce the claiming date on its social media accounts.
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