Meta Masters Guild raises $200,000 in four days from eager investors

The latest play-to-earn games platform, Meta Masters Guild, has raised $200,000 from investors just four days after its presale began. The project styles itself as a guild and its mission is to become the go-to ecosystem for mobile-centric play-to-earn games.

Interest in crypto gaming continues to grow as the decentralizing power of the technology is an excellent fit for gamers looking to take ownership of their in-game assets and game developers to monetize their work. Analysts predict Meta Masters Guild to be the fastest-growing play-to-earn cryptocurrency this year with 10x potential.

The $MEMAG coin is in the 1st stage of a seven-stage presale. The token can currently be bought for $0.007 before the price jumps when the 1st stage target of $490,000 is reached. In stage 2 the price is $0.01, which represents a 42.8% uplift on the existing stage 1 price. There are seven stages in the presale altogether and the hard cap is set at $4,970,000.

Meta Masters Guild is an ambitious project that is looking to attract indie game development studios and indie developers to its platform, with Gamearound being its first partner. Gamearound is a reputable studio, having recently developed a game for fashion retailer Boohoo, which has revenues of more than $1 billion.

The project has three games in the works, one of which, Meta Kart, is at an advanced development stage. Meta Kart is a racing game that is free to play and incorporates a variety of play-and-earn features. Players use either Gems or MEMAG tokens to buy and upgrade their drivers and karts available in the Meta Masters Guild Store. Players can also play-and-earn in arcade mode to win rare NFTs.

Meta Masters Guild has another two games in the works, Meta Masters World and Raid NFT. Meta Masters World is a build, explore, and conquer mobile game created by Gamearound. It is free to play, but also incorporates a variety of play-and-earn features, centering around skill-based tasks. Players can explore Meta Masters World and complete in-game quests to play-and-earn. They can also buy land by choosing from an array of building constructions to help level up their NFTs. The third game, Raid NFT, is still at the concept stage and more details will be provided at a later date.

All the games on the platform use the $MEMAG token, which will be easily convertible with the in-game currency. MEMAG is used as the base currency for all in-game transactions and to purchase NFTs in the Meta Masters Guild Store. The MEMAG token will also be listed on various cryptocurrency exchanges, enabling gamers to buy and sell their in-game assets outside of the game itself.