How to Buy Memag Token – Step-by-Step Guide for Beginners

Meta Masters Guild is tipped to be one of the hottest crypto presales of 2023. The project is building an innovative ecosystem that will enable players to enjoy play-and-earn crypto games in a fun, secure, and decentralized manner. In this beginner’s guide, we explain how to buy Memag tokens at the best price possible. The presale has now closed after the $4.97 million hard cap was reached in just five weeks, with Memag tokens now available to purchase on XT.com and Uniswap.
We also offer some insight into the Memag project so that investors can make an informed decision on the prospect of its play-and-earn concept.
What is Memag?
Did you know that MEMAG is one of the best AI crypto projects in 2024? Meta Masters Guild is a brand-new blockchain project that is looking to bring its innovative play-and-earn concept to the masses. There is a clear difference between the better-known play-to-earn model to that of the play-and-earn phenomenon being brought to the market by Memag.
Put simply, play-and-earn ensures that the primary focus is on the enjoyment of the respective game. When there is mass enjoyment, this will enable the play-and-earn game to thrive in a sustainable manner.
In comparison, the play-to-earn concept is largely focused on earning money, which is an unsustainable model to incorporate in the long run. Memag defines itself as a gaming ‘Guild’. For those unaware, this means that Memag will sit between gamers and gaming developers.
How to Buy Memag Token – Full Tutorial
Investors that have prior experience in crypto presale launches will likely know the required steps to complete the purchase. Beginners, however, might need some guidance. Therefore, in this section, we offer a step-by-step tutorial on how to buy Memag tokens via presale in under 10 minutes. Update: These are instructions for the presale, which has now ended. Memag is now available to purchase on XT.com and Uniswap.
Step 1 – Set Up a Crypto Wallet
As is the case with all new coin listings, the Memag presale requires investors to have access to a crypto wallet.
There are multiple wallets that can be used to invest in the Memag presale, but many would agree that MetaMask is the best option.
MetaMask is used by tens of millions of traders from all over the world and it is supported by several device types. This includes a mobile app for iOS and Android smartphones.
Step 2 – Buy Ethereum
The Memag presale supports two cryptocurrencies as a means of payment – Ethereum or Tether. Either will do, but for the purpose of this step-by-step walkthrough, we will explain the steps with Ethereum – the world’s second-largest cryptocurrency.
- The most cost-effective way to buy Ethereum online is to use a crypto exchange like Binance.
- The reason for this is that it takes just two minutes to open an account with Binance and subsequently complete the KYC process.
- After that, investors can buy Ethereum with a debit/credit card or bank transfer.
The other option is to buy Ethereum via the Memag presale dashboard with a debit/credit card. the payment will be handled by a third-party processor and fees will likely amount to 3-5%.
Step 3 – Transfer Ethereum to MetaMask
Assuming that Ethereum was purchased from a crypto exchange like Binance, the next step is to transfer the tokens to MetaMask.
- In order to do this, the investor will first need to copy their Ethereum deposit address from the MetaMask interface.
- This is displayed beneath ‘Account 1’.
- Click on the ‘Copy’ icon.
Then head over to the crypto exchange that is holding the Ethereum tokens. Request a withdrawal from the exchange and paste the receiving address that has just been copied from MetaMask. In most cases, an Ethereum transfer from a crypto exchange to MetaMask will take around five minutes to process.
Step 4 – Connect MetaMask to Memag Presale
At this stage, the MetaMask wallet should now have a suitable amount of Ethereum or Tether tokens.
The next step is to connect the MetaMask wallet to the Memag presale dashboard.
First, visit the Memag presale website and click on ‘Connect Wallet’.
Step 5 – Buy Memag Crypto Tokens
MetaMask should now be connected to the presale. All that is left for the investor to do now is to specify how many Memag tokens they wish to buy.
After confirming the purchase, one final confirmation via MetaMask will be required.
A Closer Look at Memag
Now that we have explained how to buy Memag tokens via its much-anticipated presale launch, we can now dive a little bit deeper into the project itself. This will enable investors to have a 360-degree overview of what Memag is looking to achieve in both the short and long term.
As noted earlier, the overarching concept being developed by Memag is play-and-earn. This means that players will be able to generate real-world rewards simply by playing games that are hosted in the Memag ecosystem.
However, unlike play-to-earn, play-and-earn ensures that the overarching focus is on quality games that will be enjoyed by the masses. Another thing to note about Memag is that it is a gaming guild. As such, it will not be designing games itself.
Memag Tokens – The Heart of the Memag Ecosystem
As noted above, this project is backed by Memag tokens. Memag operates on the Ethereum blockchain and as such, it follows the ERC-20 standard.
This proof-of-stake coin offers real-world utility, which is one of the most important factors to consider when searching for the best crypto to buy. The core utility is that users will play games not only for enjoyment, but to earn Memag tokens.
As a result, Memag is tipped to be one of the fastest-growing cryptocurrencies in 2024. When playing games, users will initially earn Gems. Users can, however, exchange Gems into Memag tokens. The user can then decide to swap their Memag for other tokens, such as Ethereum.
The other option is to stake Memag tokens. This enables users to grow their Memag allocation and subsequently earn passive income. Staking yields are yet to be announced so this is something to keep an eye on.
Is Memag a Good Investment? Key Points
Investors should always do their own research when contemplating a crypto asset investment. Nonetheless, in this section, we explore whether or not Memag has what it takes to become the best future cryptocurrency project of 2024.
Sustainability
The Memag whitepaper makes it clear that the ultimate focus is sustainability. The reason for this is that many crypto games entering the market in the prior 1-2 years are no longer in operation. Crucially, this is because play-to-earn developers place an unsustainable emphasis on ‘profit’. In other words, users are primarily drawn to play-to-earn crypto games with the sole purpose of making money. However, as explained by Memag, this ultimately results in an unsustainable economic model that will eventually see the respective play-to-earn token lose substantial value, not to mention a significant issue with liquidity. In contrast, Memag games will prioritize fun and enjoyment first, with earning capabilities naturally following suit. This means that Memag games will be designed to last in the long term and thus, this is a solid business model to incorporate.
Mobile Gaming
Memag is specializing in mobile games and according to a recent study by Newzoo, mobile gaming was worth $92.2 billion in 2022 – as much as console gaming ($51.8bn) and PC gaming ($38.2bn) combined – and will be worth at least $103 billion by 2022. It is much more attractive to casual players as, after all, more than 90% of the global population now have access to a mobile phone. Playing games on a mobile is a lot more accessible when compared to legacy consoles like PlaySation or XBox. This means that users from all over the world can simply load up their mobile phone, download the respective app, and begin enjoying play-and-earn games.
Gaming Guild
One of the biggest mistakes that play-to-earn projects make is that they design their own game. This means that the project will allocate vast resources to building a game that could take several years to truly develop.
Once again, this isn’t a business model that is likely to remain sustainable in the long run.
In contrast, and as noted earlier, Memag is actually building a gaming guild.
This is essentially an ecosystem that enables top-rated developers and indie studios of all shapes and sizes to develop games for the Memag community.
Earn Passive Income
Another reason why investors might elect to buy Memag tokens is that the ecosystem is set to offer a staking feature. This means that long-term investors can enjoy passive income simply by depositing their tokens into the Memag staking tool. More details about staking yields and lock-up periods are set to be released soon.
$100,000 Giveaway
The cryptocurrency industry is hugely competitive and as such, many newly launched projects are offering generous giveaways as a means to get the word out to the masses. In the case of Memag, investors have the chance to win $100,000 worth of tokens.
- The first stipulation to stand a chance of winning this giveaway is to ensure that at least $150 worth of MEMAG tokens are held.
- Based on an approximate price of $0.007 in stage one of the presale, this amounts to just over 21,000 Memag tokens.
Once this criterion has been met, investors will then need to gain ticket entries to the giveaway. In total, each investor has access to 11 tickets. Each ticket is earned by completing a basic task. This includes entering the crypto wallet address used to make the presale purchase, following Memag on Twitter, and visiting the project on Reddit.
Memag Price Forecast
It is wise to avoid Memag price predictions developed by third-party analysts. After all, crypto prices are largely unpredictable. Moreover, the health of the broader crypto market will generally dictate the price action of individual tokens.
- As we covered earlier, stage one of the Memag presale prices the token at 0.007 USDT
- Stage two will increase the presale price of Memag to 0.01 USDT
- Therefore, those investing in stage one already had an upside of over 40%
- Once Memag is listed on a crypto exchange, it will be priced at 0.023 USDT
- As such, an investment in stage one of the presale at 0.007 USDT will result in an upside of over 230% once Memag is listed on an exchange.
This once again highlights why Memag has already been one of the best upcoming ICOs of the year.
The Verdict?
To summarize, Memag carries all of the requirement hallmarks to become one of the best crypto presales of 2024 and beyond. Not only is it developing a sustainable play-and-earn concept, but as a guild, its ecosystem will host multiple games. And as such, this will ensure that its gaming portfolio is enjoyed globally by the masses. As mentioned above, the Memag token presale is now closed, with tokens now available to purchase on XT.com and Uniswap.
FAQs
How do I buy Memag tokens?Memag tokens are now available to buy on XT.com and Uniswap. What is the price of Memag? Memag tokens are currently trading at around $0.02 at the time of writing. Is Memag a good investment? Memag is building an innovative gaming guild ecosystem that will host a wide range of play-and-earn games. Each game will be available to play on iOS and Android smartphones. From an investment perspective, should the project take off in 2024, the upside potential could be attractive – especially considering the hype around the presale, which sold its $4.97 million hard cap in just five weeks. What is the total supply of Memag tokens? The total supply of Memag is 1 billion tokens. 350 million tokens have already been sold during the presale. The balance will be allocated to various segments, including but not limited to development, liquidity, and exchange listings.
About Cryptonews
At Cryptonews, we aim to provide a comprehensive and objective perspective on the cryptocurrency market, empowering our readers to make informed decisions in this ever-evolving landscape.
Our editorial team, comprised of more than 20 professionals in the crypto space, works diligently to uphold the highest standards of journalism and ethics. We follow strict editorial guidelines to ensure the integrity and credibility of our content.
Whether you’re seeking breaking news, expert opinions, educational resources, or market insights, Cryptonews.com is your go-to destination for all things crypto since 2017.