News about the first mobile-based Web3 gaming guild has spread quickly among the crypto community and the latest numbers back up the hype.
Even though the presale started just a few weeks ago, Meta Masters Guild already reached $3.4 million in funding and the stages are moving faster than expected.
Investors are in a hurry to accumulate tokens at this lower price and here’s why you should as well.
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Meta Masters Bringing Innovation with Mobile Gaming
AAA-rated console and PC games have been ruling the crypto gaming market for some time now due to some of their major benefits.
This left the web3 mobile gaming market almost completely untapped, and Meta Masters is looking to take advantage of it.
Aside from being more affordable and easier to develop, there’s a vast audience that’s attracted to mobile games and is looking for ways to profit from them.
Interestingly, Newzoo conducted several studies in 2022 that showed that mobile gaming is worth as much as PC gaming and console combined ($92 billion in mobile gaming compared to $90 billion from PC and console). By 2025, the industry could easily reach a $100 billion valuation.
Objectively speaking, Meta Masters Guild could be one of the projects that push the industry toward this target.
The Focus Is On the “Play” Concept in Play-to-Earn
The team behind MEMAG has pinpointed the main issue that crypto gaming projects have nowadays – players get bored too fast.
The play-to-earn space is now full of games that witness huge pumps, only to be followed by substantial dumps where players cash out their winnings and never return.
This makes it harder for projects to retain players and get them to continue using their platforms for longer time periods.
We’ve seen Meta Masters focus on play-and-earn gaming rather than play-to-earn, prioritizing a fun experience rather than just incentives.
This falls in line with what’s in the whitepaper, where we’ve seen that “quality and replayability are ahead of tokenization and reward mechanics”.
Furthermore, playing games in the Meta Masters Guild ecosystem doesn’t require any significant time or fund investments.
In addition to that, the native utility token MEMAG is primarily used to power the platform and fund further development, not just for reward distribution.
There’s another token available – GEMS. This token exists off-chain and doesn’t have any utility or value outside the Meta Masters platform.
But in the ecosystem, you can use it to upgrade game assets, purchase items, and improve the overall Metaverse experience.
Lastly, the platform utilizes NFTs in several different ways and provides users with full ownership over them. They can sell their non-fungible tokens on custom-built marketplaces at any time or convert them to MEMAG tokens.
All of these factors combined could lead to 30-50x returns in the next few months.
Presale Details and Tokenomics
The presale for MEMAG tokens started just a few weeks ago and it rapidly captured the attention of investors, fast-forwarding to Stage 5 in a record time.
In the beginning, a single MEMAG token was priced at $0.007 and gradually increased toward the current price of $0.019.
The next increase will come in less than two days when the presale moves to Stage 6 and a price of $0.021.
There will be a total of seven rounds and the price will go up to $0.023. This means that those who got in at the very start will already see 228% ROI on their initial investment.
But this is just the tip of the iceberg as industry analysts expect huge bullish surges once the project hits the exchanges.
As for tokenomics, there’s a total maximum supply of 1 billion MEMAG tokens that will ever exist. 35% (350 million) have been distributed to the presale and there won’t be any vesting periods since the hard cap is set at $4.97M.
For exchange listings and liquidity, the team has prepared 15% of the total supply.
The rest (500 million tokens) will be divided between further platform development (15%), marketplace upgrades (15%), the reserve (10%), and the team behind Meta Masters (10%). This supply will be vested and unlocked gradually in the next 3-4 years.
Notably, the platform made it obvious from the beginning that they’re not another rug pull scam and have been KYC-verified by CoinSniper, while SolidProof is currently auditing the MEMAG token.
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The Takeaway
Presale projects are currently booming in the crypto market and Meta Masters Guild is one of the hottest P2E presales that are now live.
It looks like this project has everything – an immersive gaming concept, a team of seasoned veterans, unique utility, and more.
Because of all this, crypto experts and influencers believe that we can see (at least) 30x gains once the presale comes to an end and makes its first exchange appearance.
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Raleigh Mischke