News concerning the first mobile-based Web3 gaming guild has unfold shortly among the crypto community and the newest numbers again up the hype.
Even although the presale started just some weeks in the past, Meta Masters Guild already reached $3.4 million in funding and the phases are moving sooner than anticipated.
Investors are in a hurry to build up tokens at this cheaper price and here’s why you must as properly.
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Meta Masters Bringing Innovation with Mobile Gaming
AAA-rated console and PC games have been ruling the crypto gaming marketplace for some time now due to some of their main advantages.
This left the web3 cell gaming market almost fully untapped, and Meta Masters is looking to take advantage of it.
Aside from being extra affordable and easier to develop, there’s an enormous audience that’s attracted to mobile video games and is on the lookout for methods to revenue from them.
Interestingly, Newzoo performed several research in 2022 that showed that cell gaming is worth as much as PC gaming and console combined ($92 billion in cell gaming in comparison with $90 billion from PC and console). By 2025, the trade might easily reach a $100 billion valuation.
Objectively speaking, Meta Masters Guild might be one of the initiatives that push the trade towards this goal.
The Focus Is On the “Play” Concept in Play-to-Earn
The group behind MEMAG has pinpointed the primary issue that crypto gaming tasks have nowadays – gamers get bored too quick.
The play-to-earn house is now full of video games that witness large pumps, solely to be followed by substantial dumps the place gamers cash out their winnings and never return.
This makes it more durable for tasks to retain gamers and get them to proceed utilizing their platforms for longer time periods.
We’ve seen Meta Masters concentrate on play-and-earn gaming rather than play-to-earn, prioritizing a fun experience rather than simply incentives.
This falls consistent with what’s within the whitepaper, where we’ve seen that “quality and replayability are forward of tokenization and reward mechanics”.
Furthermore, playing games within the Meta Masters Guild ecosystem doesn’t require any important time or fund investments.
In addition to that, the native utility token MEMAG is primarily used to energy the platform and fund further growth, not just for reward distribution.
There’s one other token available – GEMS. This token exists off-chain and doesn’t have any utility or worth exterior the Meta Masters platform.
But in the ecosystem, you can use it to upgrade sport assets, buy gadgets, and enhance the general Metaverse experience.
Lastly, the platform makes use of NFTs in a number of alternative ways and supplies customers with full possession 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 elements combined may lead to 30-50x returns in the subsequent few months.
Presale Details and Tokenomics
The presale for MEMAG tokens started just a few weeks in the past and it rapidly captured the attention of buyers, fast-forwarding to Stage 5 in a document time.
In the beginning, a single MEMAG token was priced at $0.007 and gradually elevated toward the current price of $0.019.
The next improve will are available less than two days when the presale moves to Stage 6 and a value of $0.021.
There might be a complete of seven rounds and the value will go as a lot as $0.023. This signifies that those that obtained in on the very begin will already see 228% ROI on their initial funding.
But that is just the tip of the iceberg as trade analysts anticipate large bullish surges once the venture hits the exchanges.
As for tokenomics, there’s a total maximum provide of 1 billion MEMAG tokens that may ever exist. 35% (350 million) have been distributed to the presale and there won’t be any vesting durations because the onerous cap is ready at $4.97M.
For exchange listings and liquidity, the team has prepared 15% of the whole provide.
The relaxation (500 million tokens) shall be divided between further platform improvement (15%), market upgrades (15%), the reserve (10%), and the group behind Meta Masters (10%). This provide will be vested and unlocked steadily within the next 3-4 years.
Notably, the platform made it obvious from the start that they’re not one other rug pull scam and have been KYC-verified by CoinSniper, while SolidProof is at present auditing the MEMAG token.
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The Takeaway
Presale projects are currently booming within the crypto market and Meta Masters Guild is certainly one of the hottest P2E presales that are actually live.
It seems like this challenge has every thing – an immersive gaming concept, a group of seasoned veterans, distinctive utility, and more.
Because of all this, crypto experts and influencers believe that we are in a position to see (at least) 30x features once the presale comes to an end and makes its first exchange appearance.