Investors Flock to This New Crypto Platform as Presale Surpasses $2.2M Raised

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Source: Meta Masters Guild/Twitter

Meta Masters Guild has now raised $2.2 million in its presale, which still has four days to go before moving into its fifth stage (of seven). This means that the bid price of a MEMAG token will drop from $0.016 to $0.019, with the sale set to bid 35% of the maximum supply of 1 billion coins.

Considering how quickly the Ethereum-based Play-to-Earn gaming platform is gaining new converts, it’s likely that all of that allocation will sell out by the time the supply ends. This only gives interested parties a limited window of opportunity if they wish to obtain MEMAG before it goes public in the coming months.

Investors Flock to This New Crypto Platform as Presale Surpasses $2.2M Raised

About two weeks ago, the Meta Masters Guild presale only raised $500,000. However, it has been helped in recent days by growing word of mouth, with some 24-hour periods seeing increases of over $100,000.

As a result, the sale has passed the $2.2 million mark and is heading into the next stage of the presale, where the price will drop from $0.016 to $0.019. From there, he could easily sell his 350 million MEMAG allocation.

Investors can participate in the sale by visiting the official Meta Masters Guild website and connecting their Wallet Connect or MetaMask wallets. MEMAG can be purchased in ETH or USDT (based on ETH).

The sale will close with a MEMAG token costing $0.023, which is a 228.6% increase from its original sale price of $0.007. Of course, with the coin expected to go public soon after, that price could continue to rise.

This scenario is entirely possible, given how promising the fundamentals of Meta Masters Guild are. Set to launch its first game – Meta Kart Racers – by the third quarter of the year, the mobile-focused gaming guild will continue to develop a range of Web3 and metaverse related titles, in addition to to be a platform for other developers to launch their own games.

Its native MEMAG token will be a governance and utility token, meaning it will be usable for votes, as well as staking and purchasing in-game items. And since it will have a fixed max supply of 1 billion, it could very easily become deflationary in a situation where it is experiencing ever-increasing demand.

Promisingly, Meta Masters Guild’s overarching goal is to produce games that, above all else, are fun and rewarding to play. In doing so, it hopes to cultivate a long-lasting and highly active community of gamers, with its titles set to have online and multiplayer elements.

As mentioned above, its first game will be Meta Kart Racers, a free-to-play racing game that incorporates play-to-win features. It will be available on iOS and Android mobile devices, with its core gameplay including a single-player “arcade” mode and various online player versus player options.

The game will also allow players to spend MEMAG to purchase rare in-game items and upgrades. Besides that, it will also give them the chance to win rare NFT-based characters, which can be played with or sold for free. other players.

Blockchain-based game studio Gamearound is the developer of Meta Kart Racers, but Meta Masters Guild has already partnered with other development companies, including RWaltz (who previously worked on the Probit exchange, 100XCoin and BTC Weird).

After the presale

This means that Meta Masters Guild is taking great shape and could become one of the biggest blockchain-based gaming platforms when it launches later this year. Indeed, it now has over 21,000 Twitter followers, which is impressive for a platform that hasn’t even launched.

This bodes well for what might happen to MEMAG after its pre-sale, especially given the success of some token sales last year. For example, metaverse-based meme token Tamadoge (TAMA) rose 1,800% (from its opening sale price) when it listed in October, while Lucky Block (LBLOCK) and Battle Infinity (IBAT) saw increases as high as 6,000% and 3,000% last year (compared to their initial pre-sale prices of $0.00015 each).

There’s no guarantee that MEMAG will do as well as this, but it at least suggests that it will perform well in the coming weeks, given how solid its native platform seems to be.

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Disclaimer: The Industry Talk section features information from crypto industry players and is not part of the editorial content of Cryptonews.com.

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