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The latest play-and-earn gaming platform, Metamasters Guild, raised $200,000 from enthusiastic investors just four days after its presale began.
The project is Guild-style itself, and its mission is to be the go-to ecosystem for mobile-centric play to earn games.
Interest in crypto gaming continues to grow as the decentralizing power of technology makes it ideal for gamers looking to take ownership of in-game assets and game developers looking to monetize their work.
Analysts The Meta Masters Guild predicts it will be the fastest growing cryptocurrency to play and earn with a 10x potential this year.
Buy MEMAG now and see a 42% price increase in Stage 2 of the presale
The $MEMAG coin is in the first stage of a 7-stage presale. The token can now be purchased for $0.007 before the price jumps once we reach our Tier 1 goal of $490,000.
The Stage 2 price is $0.01, representing a 42.8% increase over the existing Stage 1 price.
The presale will have a total of 7 stages with a hard cap of $4,970,000.
At the current run rate, MEMAG could enter Stage 2 early next week, so there’s no time to lose to catch the lowest prices.
Meta Masters Guild is an ambitious project that seeks to attract indie game development studios and indie developers to its platform. game around the first of them.
The Meta Masters Guild’s first gaming partner isn’t just for one night. The Gamearound game studio recently developed a game for Boohoo, a fashion retailer with over $1 billion in revenue.
Meta Masters Guild Brand Ambassador Patrick Hegarty gives a quick introduction to the project in the YouTube video below.
First game – Metakart – Gamearound is in advanced stage of development
The project has three games in progress, one of which, Meta Kart, is in an advanced development stage.
Meta Masters Guild isn’t trying to compete with AAA games, which can cost tens of millions of dollars to develop a game, so the funding will provide ample resources to realize its business plans.
The Meta Masters Guild aims to attract a sizable audience to its games among the large and growing band of casual game players found on mobile. Racing games are especially popular.
To get started in Meta Kart, choose your favorite driver and kart and battle it out on one of many fun racing tracks.
Metacart is free to play and has a wide range of built-in features play and earn Features.
You can choose to play solo in arcade mode or test your skills in high-stakes PVP (player-versus-player) competitions.
Players use Gems or MEMAG tokens to purchase and upgrade drivers and karts available in the Meta Masters Guild store.
You can also earn rare NFTs by playing in Arcade Mode. The Meta Masters Guild NFT is a playable character in-game upon purchase, rendered in 3D.
Meta Masters Guild has two more games in development
The platform has two more games, both in the concept stage. Meta Masters World is a build, explore and conquer mobile game created by Gamearound.
Players can earn or buy land and playable characters from the NFT store.
Meta Masters World is free to play, but also incorporates various play-and-earn features, centered around skill-based tasks.
Players can explore the Meta Masters World and complete in-game quests to earn by playing. You can also buy land by choosing from a series of buildings that help you level up your NFT.
The third game, also in concept stage, is a Raid NFT. The team will provide details at a later date.
Where the MEMAG token fits into the Meta Masters Guild ecosystem
All games on the platform use $MEMAG tokens. This can be easily redeemed for in-game reward currency called Gems.
In other words, gems are not technically cryptocurrency tokens as they do not exist on the blockchain.
But it is this off-chain feature that means Meta Masters Guild is an App Store friendly product endorsed by the Apple and Google app stores.
There’s also a browser-based version of the game for those who want to avoid the app store.
Meta Masters Guild Leaves Axie Infinity and Yield Guild Games
Meta Masters Guild is very different from Yield Guild Games, which started as an Axie Infinity scholarship program.
Meta Masters Guild takes a more sustainable approach by creating games that are actually fun to play.
By focusing on gameplay engagement, which means players are invested in having fun, as opposed to boring game mechanics that emphasize “earning” over playing, Meta Masters Guild ultimately more likely to succeed.
Simply put, the Meta Masters Guild wants to replace play and make money on play. In other words, the game is all about fun and enjoyment. So we have the free-to-play option and his P2E.
This approach means that players who spend their time playing the games they love can realize value from their efforts in ways that traditional games cannot.
Games are very popular and profitable
data from Statista shows that the racing game segment had a total revenue of $2.68 billion last year.
If the Meta Masters Guild were able to receive just 1% of these revenues, it would generate $26 million in sales.
And, of course, the gaming industry represents a growing pie where the influence of cryptocurrencies can help grow revenue and earnings. The Meta Masters Guild plans to be at the forefront of that change.
However, the difference between Meta Masters Guild and traditional competitors such as Zynga is that, by design, players are allowed to earn a portion of the revenue.
Meta Masters Guild Comes To The Fore As This Bull Market Begins, But It Will Also Flourish In Bear Markets
The mobile gaming sector generated $77.2 billion in revenue in 2020, according to the company. Newsoo Research.
The decentralization of Web3 has the potential to completely disrupt the value dynamics of the gaming industry, putting players at the center of action on all fronts.
Also, according to recent information Dapp radar reportblockchain games account for about half of all dApp active wallets, suggesting they are perhaps the strongest sector in the cryptocurrency market.
As such, the potential end of the bear market that cryptocurrencies are currently witnessing is likely to be led by gaming projects such as Meta Masters Guild.
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