Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
New crypto presale project Meta Masters Guild has only just launched its presale but saw investors secure more than $30,000 of MEMAG tokens in just minutes after it opened.
Investors have raced to buy into the project which will be the world's first dedicated Web3 mobile gaming platform - which is among the best new cryptos to buy - and promises to disrupt the play-to-earn space.
While P2E games have fallen by the wayside because of overly ambitious plans to build AAA-rated games with like graphics and vast metaverses, Meat Masters Guild will focus on mobile games which are typically cheaper and less time-consuming to produce.
That's not to assume they will be lower quality, however, the Meta Masters Guild whitepaper also states it will flip the gaming industry by developing games with a 'focus on fun' - concentrating on quality and longevity over tokenization and reward mechanics.
Visit Meta Masters Guild Presale
Meta Masters Guild wants its games to not solely exist as drivers for profit, having seen other high-profile Web3 games suffer significant boom and bust cycles once certain players made their money and moved on.
The project emphasizes that its catalog of games will be play-and-earn rather than play-to-earn, where gamers enjoy the games because of their inherent qualities and replayability, rather than just because they can turn a profit.
To further that goal, the native ERC-20 MEMAG token is not used as a reward, instead underpinning the whole project and used to fund its development.
Another token, GEMS, will be used for rewards and as a currency across all the games on the
Read more on cryptonews.com