Meta Masters Guild (MMG) aims to create “high quality, blockchain-integrated mobile games” that are fun and also provide players with crypto rewards. In doing so, MMG tries to shift the focus from rewards to replayability. The team hopes to achieve this by developing fast-to-play games that are less time-consuming and inexpensive to create.
Play-to-Earn (P2E) games have become very popular in recent years. They allow players to earn crypto while playing games and having fun. However, these platforms face a persistent problem – they are more focused on earning crypto than playing and enjoying the game. Therefore, players usually rush to these platforms, but pay off after earning enough earnings / getting bored from the game.
One project that wants to change this is Meta Master Guild (MMG). Promoting itself as the first mobile-focused gaming guild, the platform aims to solve the problems surrounding P2E gaming by introducing the play-and-earn model. But what is MMG and how does it work? Join us to find out.
Meta Master Guild, what is it?
Meta Masters Guild (MMG) describes itself as the world’s first dedicated web3 project for mobile games. The platform aims to create “high-quality, blockchain-integrated mobile games” that are fun and also offer crypto rewards to players. In doing so, MMG tries to shift the focus from rewards to replayability. The team hopes to achieve this by developing fast-to-play 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 be released later this year. In this game, users can choose a driver and kart and compete against other players.
There are a variety of tracks for players to race on. The game also has a special arcade mode that allows users to play alone as well.
Raid NFTs is designed as a fantasy action game, while Meta Master Guild will serve as the ecosystem’s open-world metaverse that will provide a robust marketplace for players to trade, buy, or sell in-game assets. The team also welcomes other studios and game developers to create games in the MMG ecosystem.
The platform uses the ERC-20 MEMAG token as its native cryptocurrency. However, 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 staking and numerous other methods. Or they can exchange their Gems for MEMAG tokens and cash them out for fiat or other cryptocurrencies.
Players can also win NFTs while playing the different games on the platform. Alternatively, users can also buy NFTs in the MMG Store. Players can also unlock passive income by using their Gems, MEMAGs, or their NFTs.
And yes, in case you were wondering, the platform has been smart contract audited by SolidProof and their team has been KYC verified by Coinsniper. This should remove any fears of a carpet pull or a scam.
The journey so far
MMG has generated a massive response from investors and potential players. The project completed the first phase of its pre-sale and generated more than $500,000 with 1 MEMAG token sold for just $0.007.
On January 17th, the platform launched its second round of pre-sales with MEMAG priced at $0.013. At the time of writing, the project had raised $645,081 of its $1.12 million goal. The current presale round runs until January 29th.
After that, there are 5 more pre-sale rounds, but the tokens keep getting more expensive. As a result, by the end of the pre-sale, there will be a 228 percent increase in MEMAG prices, which started at $0.007 in the first phase of the pre-sale.
Like most projects, MMG has a hard cap on supply, with a maximum of 1 billion tokens to be circulated. Of those 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 a further 15 percent of the offering for CEX and DEX listings.
The remaining 50 percent of the tokens will be distributed to the team (10 percent), used for ecosystem development (15 percent) and building a reserve (10 percent), reserved for creating liquidity (5 percent) and maintained the marketplace ( 15 percent).
Meta Master Guild has a solid roadmap and a dedicated team. Additionally, it was ranked as one of the most desirable projects this year and the market has responded accordingly. However, it is still important to remember that investing in assets, especially when they are volatile, should always be done after thorough self-research.