Play-to-Earn Crypto Meta Masters Guild Raises $54k in 24 Hours – Presale Price Jumps 42% Next Week So Buy Now
The $MEMAG token of the project is currently on sale in its 1st Stage at a price point of $0.007.
The Stage 2 price is $0.01, which equates to a 42.8% price jump – a substantial profit for 1st Stage investors.
There is only $490,000 to be raised in this 1st Stage before the price increases, so there’s no time to lose for early investors.
Meta Masters Guild will change the rules of the gaming world
Meta Masters Guild plans to rewrite the rules of gaming, both at an industry-wide level and in the crypto play-to-earn sector.
In a plus for investors, the games platform already has one game – Meta Kart – at an advanced stage of development.
Additionally, the project’s relatively low hard cap target of $4,970,000 indicates that it will have more than enough resources by the end of the presale to fund its vision.
A key reason why this is the case is because of the Web3 gaming guild’s positioning as mobile-first.
World’s first mobile-focused Web3 gaming guild
Meta Masters Guild is not attempting to compete with AAA games franchises, where games can cost an average of around $60 million to develop.
Instead, with its emphasis on a mobile gaming space that attracts large numbers of casual players daily, the start-up costs are much less.
Introducing Meta Masters Guild’s first game – Meta Kart Racers
(Caption: Meta Kart Racers is a fun-packed racing game. Image courtesy Meta Masters Guild)
Meta Kart Racers is what is known as a Multiplayer Online Racing Arena (MORA) type of game – so you race a vehicle around a track against other players, human and computer.
It will be the first of many games to launch on the platform.
To this end, Meta Masters Guild is looking to attract indie game developers to its ecosystem as it expands its guild.
Helping the team to achieve this goal is the first studio to join the guild, Gamearound, a specialist in blockchain games.
Gamearound recently developed a game for London Stock Exchange listed fashion retailer Boohoo. Boohoo has a market capitalization of £488 million ($591 million) with revenues in excess of £1 billion.
Mobile, decentralized gaming is big and growing
Across the various genres of games played on mobile devices there are literally hundreds of millions of players that will make up the addressable market for Meta Masters Guild.
All the games on the platform use the $MEMAG token, which will be easily convertible with the in-game rewards currency called Gems.
It is important to appreciate that Gems are not crypto, but can be converted into $MEMAG. That is a critical distinction because it means that the iOS and Android versions of the games can be approved in the Apple and Google app stores.
There will also be a browser version of all games.
Going beyond existing crypto and legacy gaming offerings
Meta Masters Guild is not to be confused with Yield Guild Games, which originated as a scholarship program for Axie Infinity.
Meta Masters Guild takes the sustainable route. By concentrating on engaging gameplay as opposed to forcing players to perform boring and repetitive tasks to earn a yield, a community of committed gamers can be attracted and grown.
Although Axie was highly successful for a while, and in some ways was a pioneer of play-to-earn, the end result was a lack of loyalty to its games and a tendency towards speculation seen in the inflation that plagued its in-game currency SLP.
Meta Masters Guild takes what’s good from the play-to-earn format, which is the technology's ability to assign secure and verifiable ownership of in-game assets to the player as owner.
Not only will this allow players who invest their time in playing the games they love to realize value from their endeavors, it also provides a route for indie game developers to meet their monetization goals and control the process.
How Meta Masters Guild will help gamers take back control
Meta Masters Guild has identified two crucial weaknesses in the current gaming world.
Firstly, there are the big businesses behind many games that put their corporate interests above those of the players of those games.
Those corporate interests usually revolve around sucking every penny they can out of the players. That’s probably why there has been such a backlash against gaming giants such as Electronic Arts tentatively looking to exploit NFTs for in-game purchases.
Meta Masters Guild is setting out to end that misalignment of interests.
Secondly, at a crypto-sector level, it wants to transform the image and reality of decentralized gaming. It will leverage the technology to take market share from the legacy gaming studios and publishers.
But the team is also laser-focused on overturning the play-to-earn format that far too often is all about earning and misses out the fun.
Meta Masters Guild is coining the term ‘play-and-earn’ as a deliberate strategy to place the emphasis on fun and addictive gameplay.
‘Play-and-earn’ is the smart way to go because ultimately successful games are those that keep players coming back for more. Engagement should be the number one goal – and, afterall, it is that sort of longer-term vision that will work best for adoption and token-holder returns.
Meta Masters Guild has a powerful business case
According to data from Statista, total revenue in the racing games segment alone reached $2.68 billion in 2022.
Total downloads was 9.16 billion and the average revenue per download is currently $0.29.
So if Meta Masters Guild snatched a mere 1% of those revenues, it would amount to $26 million. But that doesn’t take account of how Meta Masters Guild intends to grow the gaming ecosystem, so this is not a zero-sum game.
The projected compound annual growth rate for racing games revenue has been estimated at 5.94% for the four years from the beginning of 2022 to the end of 2026, assuming revenue in the end year of $3.38 billion.
And those numbers are only for the racing segment. Overall the mobile gaming sector ran up revenues of $77.2 billion in 2020, according to Newzoo Research.
Then factor in the strength of blockchain gaming in the Web3 space and its disruptive potential when going head to head with the legacy industry will be enormous.
It also means that prospective investors will be playing in the lowest-risk area of the decentralized app (dApp) sector.
According to a recent Dapp Radar report, blockchain gaming accounted for around half of all dApp active wallets.
Meta Masters Guild is currently working on three exciting games titles
Meta Kart Racers as mentioned earlier is in development.
To get started with Meta Kart, choose your favorite drivers and karts and then battle it out in one of the many fun-packed racing tracks.
Meta Kart is free to play and incorporates a variety of play-and-earn features.
There’s a choice of going solo in arcade mode or testing your skills in high-stakes PVP (player vs player) competitions.
Players use either Gems or MEMAG tokens to buy and upgrade their drivers and karts available in the Meta Masters Guild Store.
You can also play-and-earn in arcade mode to win rare NFTs!
Meta Masters Guild NFTs are in-game playable characters once purchased and are rendered in 3D.
Meta Kart Racers aims to be the world's No.1 play-to-earn mobile racing game.
The other two games are at the concept stage.
Meta Masters World is a build, explore, and conquer mobile game created by Gamearound.
Players can win or purchase land and playable characters from the NFT Store.
Meta Masters World will be free to play, but also incorporate a variety of play-and-earn features, centering around skill-based tasks.
Players can explore Meta Masters World and complete in-game quests to play-and-earn. They can also buy land by choosing from an array of building constructions to help level up their NFTs.
The third game, also at the concept stage, is Raid NFT. The team will provide more details at a later date.
The vision to change the gaming world
Meta Masters Guild has the vision and the team to take crypto gaming to the next level.
Gaming continues to explode in popularity and mobile in particular is the fastest-growing sector where the opportunities for blockchain-powered offerings are strongest.
Digital natives who have grown up with smartphones and the internet are looking to go beyond the old way of doing things, and the gaming industry is not an exception to that rule.
Play, have fun, and maybe earn as well – that’s a combo that will be music to the ears of gamers and crypto investors.
Media contact: pr@metamastersguild.com
Notes to editors
Website: memag.io
Social Channels: Twitter | Discord | Facebook | Telegram | YouTube | Instagram
Hard Cap - 350,000,000 Coins = $4,970,000
- Start Date - 11/01/2022
- End Date - TBC
- Ethereum Network
- ERC-20
- $MEMAG
