The Meta Masters Guild presale is now less than three days away from closing – with just $500k to go until the MEMAG token sells out.
That leaves only 25 million (2.5% of the max supply) available for purchase before MEMAG is listed on exchanges, where its price is expected to rocket.
Investors are excited by MMG building Web3’s first dedicated mobile games platform.
MEMAG 10x Potential?
Crypto gaming is increasingly becoming one of the most popular asset classes for investors, especially with the prevailing theory that they will become largely ‘bear market-proof’ as games provide utility and a use case even in poor market conditions.
According to CoinMarketCap, the total crypto gaming market cap is almost $11 billion with the most popular projects – ApeCoin, Decentraland and The Sandbox – each boasting an individual market cap over $1 billion.
However, while retail and institutional investors have been rushing to buy into those ecosystems, gamers haven’t quite followed with Decentraland and The Sandbox having less than 15,000 unique players combined in the past 30 days, according to DappRadar.
That pales in comparison to Fortnite or Roblox, which boast tens of millions of daily players.
By developing the first dedicated Web3 mobile gaming platform, Meta Masters Guild wants to produce games that are fun, sustainable and attractive to casual gamers.
Mobile gaming was worth as much ($92.2 billion) as console ($51.8bn) and PC gaming ($38.8bn) combined and is predicted to be worth at least $103 billion in 2025, leaving MMG with huge potential as both an investment vehicle and as a trail blazing mobile crypto gaming project.
Although tokens are currently on sale for $0.023 in the final stage of their presale, they initially went on sale for $0.007 – meaning they have already increased 228%, or 2.28x, before even reaching exchanges.
To reach a 10x that means MEMAG, which has a 1 billion max supply, would have to reach $0.07 from its stage 1 price of $0.23 from its current price.
For the former, that would mean a market cap of around $70 million and the latter $230 million – more than 25 crypto gaming projects currently have a market cap larger than $70 million, making it a very achievable target, especially given the potential and attractiveness of mobile gaming.
Meta Masters Guild Games
Despite the huge investment potential of MMG, the developers are running their project with a ‘focus on fun’ and tokenization and rewards as a secondary concern.
Having seen large projects struggle to keep players because of boring offerings, gameplay and sustainability are at the forefront of their thinking.
MEMAG tokens, in fact, will not be used for rewards and instead a second, off-chain token – GEMS – will be earned by players for completing objectives and missions.
GEMS can be used to purchase and upgrade in-game assets, which are all ownable and tradeable by players as NFTs, and can also be converted back to MEMAG.
Three games are currently in development on the platform: Meta Kart Racers, Raid NFT and Meta Masters World.
Meta Kart Racers sees players purchase and upgrade karts and drivers, take to fun tracks and race in solo and player-vs-player modes for the Meta Kart Championship – this game is the furthest along in its development and expected to release at the end of 2023.
Raid NFT is a turn-based fantasy fighting game and Meta Masters World is the project’s metaverse.
It is an open-world with little structure where players roam and explore, interact with other players, complete missions, collect resources and conquer areas.
Both Raid NFT and Meta Masters World are in their conceptual stages.
There is also the chance for MEMAG holders wo tin $100,000 of MEMAG tokens in a giveaway, with entries stacked through completing social media tasks.
- Read our guide on how to buy MEMAG during the presale.
Presale Stage | Price | Token Allocation | Raise Value |
Stage 1 | $0.007 | 70,000,000 | $490,000 |
Stage 2 | $0.010 | 63,000,000 | $630,000 |
Stage 3 | $0.013 | 56,000,000 | $728,000 |
Stage 4 | $0.016 | 49,000,000 | $784,000 |
Stage 5 | $0.019 | 42,000,000 | $798,000 |
Stage 6 | $0.021 | 35,000,000 | $735,000 |
Stage 7 | $0.023 | 35,000,000 | $805,000 |
Total | – | 350,000,000 | $4,970,000 |
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