Source: news.google.com
Meta Masters Guild (MMG) aims to create “high-quality blockchain-integrated mobile games” that are fun and also provide crypto rewards to players. By doing so, MMG is trying to shift the focus from rewards to replayability. The team hopes to achieve this by creating quick games that are less time consuming and inexpensive to create.
Play-to-earn (P2E) games have become quite popular in recent years. They allow players to earn cryptocurrency while playing games and having fun. However, these platforms face a persistent problem: they focus more on earning crypto than on playing and enjoying it. Therefore, players usually rush to these platforms but get cashed out after making enough winnings or getting bored of the game.
One project that seeks to change this is Meta Master Guild (MMG). The platform promotes itself as the first mobile-focused gaming guild and aims to solve the problems related to P2E gaming by introducing the play-win model. But what is MMG and how does it work? Tag to find out.
Meta Master Guild, what is it?
Meta Masters Guild (MMG) markets itself as the world’s first dedicated Web3 mobile game project. The platform aims to create “high-quality blockchain-integrated mobile games” that are fun and also provide crypto rewards to players. By doing so, MMG is trying to shift the focus from rewards to replayability. The team hopes to achieve this by creating quick games that are less time consuming and inexpensive to create.
The platform is currently working on three games: Raid NFT, Meta Kart Racers, and Meta Masters World. Of these three games, Meta Kart Racers is the closest to completion and is expected to launch later this year. In this game, users can select a driver and kart and race against other players.
There is a diverse choice of tracks that players can choose to race on. The game also has a dedicated Arcade mode that allows users to play solo.
Raid NFTs is designed to be a fantasy action game, while Meta Master Guild will serve as the open-world Metaverse of the ecosystem, featuring a robust marketplace where players can trade, buy, or sell in-game assets. The team also welcomes other game studios and developers to create games in the MMG ecosystem.
The platform uses the ERC-20 MEMAG token as its native cryptocurrency. However, the game rewards are distributed in the form of Gem tokens. Users can collect gems by playing different games on the platform. Gems can also be used to purchase in-game upgrades and other assets. Users can also reinvest these Gems through gambling and many other methods. Or they can exchange their gems for MEMAG tokens and cash them out in fiat or other cryptocurrencies.
Players can also earn NFTs while playing the various games on the platform. Alternatively, users can also purchase NFTs from the MMG store. Players can also take advantage of a passive income by staking their gems, MEMAGs or their NFTs.
And yes, in case you were wondering, the platform has undergone a smart contract audit by SolidProof and their team has been KYC verified by Coinsniper. This should eliminate any fear of a rug pull or rip.
the journey so far
MMG has generated a massive response among investors and potential players. The project completed the first phase of its pre-sale, generating over $500,000 with 1 MEMAG token sold for just $0.007.
On January 17, the platform launched its second round of pre-sale, with MEMAG priced at $0.013. At the time of writing this report, the project had raised $645,081 of its $1.12 million goal. The current presale round will run until January 29.
There are 5 more rounds of pre-sale after that, but the tokens will still be more expensive. As a result, by the time the pre-sale ends, there will be a 228% increase in MEMAG prices, which started from $0.007 in the first phase of the pre-sale.
project tokenomics
Like most projects, MMG has a maximum supply limit, with a maximum of 1 billion tokens set to enter circulation. Of these 1 billion tokens, the platform has reserved 35 percent of the supply for its pre-sale rounds. In the second quarter of 2023, MMG plans to release another 15 percent of supply for CEX and DEX listings.
The remaining 50 percent of the tokens will be distributed to the team (10 percent), will be used for ecosystem development (15 percent) and the creation of a reserve (10 percent), will be reserved to create liquidity (5 percent). percent) and maintain the market (15 percent).
Conclution
Meta Master Guild has a strong roadmap and a dedicated team. Furthermore, it has been rated as one of the most desirable projects of this year and the market has responded accordingly. However, it is still important to remember that investing in any asset, especially one that is volatile, should always be done after doing extensive self-research.
Read More at news.google.com