The Meta Masters Guild is now expected to move into stage 6 of its presale in the coming hours – around 48 hours ahead of schedule.
Each new stage represents a price increase for the MEMAG token and this move will see an increase from $0.019 to $0.021.
The last 24 hours has seen more than $150,000 invested in the presale and there is less than $40k (target of $3.43 million) at the time of writing remaining before the next stage.
The seventh and final stage is just around the corner, where another price increase will be triggered to $0.023.
MMG Racing Through Presale
Meta Masters Guild is racing through its presale not only because investors are keen to secure MEMAG tokens – which will have increased 228% between stage 1 and stage 7 – but because of the huge potential of the ecosystem.
MMG is building Web3’s first dedicated mobile gaming platform.
Although mobile games are not as prestigious as AAA-rated games, they are easier, quicker and cheaper to develop and are much more profitable – with mobile gaming worth as much as console and PC gaming combined in 2022.
However, Meta Masters Guild is developing its games with tokenization and rewards as a secondary concern. They want to build games that are fun and addictive to play, another area where mobile gaming trumps other mediums, with it being much more attractive to casual gamers.
Three games are already in development with the first of those, Meta Kart Racers, expected to launch in late 2023.
The game will see players purchase and upgrade drivers and karts and race in solo and player vs player modes to earn rewards and compete for the Meta Kart Championship.
Both Raid NFT – a turn-based fantasy fighter – and Meta Masters World – an open-world metaverse – are currently in their conceptual stages.
Native token MEMAG will not be used for rewards in the Meta Masters Guild ecosystem to relieve the consistent selling pressure that has proved lethal to other crypto gaming projects.
Instead a second, off-chain token – GEMS – will be distributed as a reward and used as an in-game currency.
GEMS can be used to buy, sell and upgrade assets, which will all be ownable by the players as NFTs, as well as convert back to MEMAG.
As mentioned above, the MEMAG token presale is now in stage 5 of 7 but is likely to move into stage 6 in the coming hours.
At the time of writing MEMAG is on sale for $0.019, but that will move to $0.021 in stage 6 and then $0.023 in stage 7 – an increase of 21% from the current price.
The presale was meant to last until at least the end of March but with the speed at which tokens are currently being bought, that will likely come much sooner.
The presale has seen 35% (350 million) of the 1 billion max supply allocated to the presale, with a hard cap of $4.97 million and no vesting period. Just 5% has been reserved for exchange listings and liquidity, where the token is again expected to surge in price.
The remaining 50% is going to the marketplace (15%), ecosystem (15%), team (10%) and company reserve (10%). Those tokens are vested and unlocked over 36 or 48 months.
The Meta Masters Guild team have been KYC-verified by CoinSniper and the token smart contract has been audited by SolidProof.
Meta Masters Guild is also running a $100,000 MEMAG token giveaway.
- Read our guide on how to buy MEMAG during the presale.
|Presale Stage||Price||Token Allocation||Raise Value|
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