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The most exciting play-to-earn (P2E) games platform of the year, Meta Masters Guild, has raised $803,000 from eager investors 10 days after its presale began.
Stage 2 of the seven stage presale ends in 8 days but it is closing in fast on the $1,120,000 mark, which will see the price of the $MEMAG token rise 30%, from $0.01000 to $0.01300.
In all there are seven stages to the presale, with the final price in stage seven set at $0.02300, which is 129% above the stage two price.
Meta Masters Guild plans to be the king of sustainable play-to-earn gaming. To achieve that end it has learnt from the missteps of others in the sector, such as Axie Infinity.
Meta Masters is making games that are truly fun to play – its motto is play and earn not play to earn, as it seeks to banish P2E’s reputation for boring and tedious gameplay.
The project already has a racing game called Meta Kart at an advanced stage of development, so this is no vaporware project.
At the current rate, Meta Masters Guild’s $MEMAG token could complete stage two of its presale next week, so there really is no time to lose to snare the best prices.
Analysts think Meta Masters Guild to become this year’s fastest-growing play-to-earn cryptocurrency this year with 10x potential. Crypto Boy rates it a 1,000x project.
The project has set itself the task of raising $4.97 million, a target that at the present rate of progress could be raised in a few weeks.
That means investors need to move fast to get a cut of this particular pie.
The other upside of the highly achievable fundraising target is it means that the project roadmap can be completed with a relatively modest amount.
Because the platform is developing games for the casual gamers who play on mobile devices, rather than consoles, it will not incur the tens of millions of dollars in costs associated with AAA games.
For sure, Meta Masters Guild is an ambitious project, but it is already making great progress in completing its roadmap.
Meta Masters Guild has its first indie game development studio, Gamearound, in its ecosystem as launch partner.
Gamearound is the developer of Meta Masters Guild’s first game, Meta Kart Racers – the game is at an advanced stage.
To play Meta Kart, users simply select their favorite drivers and karts and then choose from one of the many fun racing tracks.
Crypto game Meta Kart is free to play and incorporates a variety of play-and-earn features.
You can choose to go solo in arcade mode or test your skills in the PVP (player vs player) competitions.
Players can 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.
Gamearound already has under its belt a game it developed for the fashion retailer Boohoo, a publicly listed company with revenues in excess of $1 billion.
Aside from Meta Kart, Meta Masters Guild has two other games it is working on, both of which are at the concept stage.
Meta Masters World is a build, explore, and conquer mobile game created by Gamearound.
The third game, also at the concept stage, is Raid NFT.
Commenting on the project’s continuing presale success, Meta Masters Guild CEO Gabriel Hristov said: ““We are dedicated to bringing fun and playable Web3 mobile play-to-earn games with sustainable in-game economies.
“We will soon be releasing updates for the community to highlight new platform features, including NFTs and staking.”
He continued: “It’s a really exciting time in the MEMAG ecosystem and we look forward to being on this journey together with our growing community.”
All the platform’s games use the $MEMAG token, which will be easily convertible with the in-game rewards currency called Gems.
It is in being the access token to the platform’s games that $MEMAG derives its fundamental value. As the games become more popular, the token becomes more valuable.
Gems are off-chain assets, which means they do not exist on a blockchain and therefore are not strictly cryptocurrency tokens.
It is this off-chain feature which means that Meta Masters Guild is an App Store-friendly product that will face no barriers in winning approval by Apple and Google.
Meta Masters Guild is also building browser-based versions of its games.
The mobile gaming industry clocked up revenues of $77.2 billion in 2020, according to Newzoo Research.
Data from Statista shows that total revenue in the racing games segment alone was $2.68 billion in 2022.
Web3 decentralization puts players and their needs ahead of purely corporate interests. With sustainable play to earn, players own their in-game assets – a value proposition that is lacking in legacy gaming.
Early investors in Meta Masters Guild have the chance to seize virgin land in one of the fastest growing areas of the entertainment industry by leveraging cutting-edge crypto technology.
The Meta Masters Guild presale is open to all members of the public. Simply connect your crypto wallet at the website and buy $MEMAG with either ETH or USDT.
Visit MEMAG Presale
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