Meta Masters Guild Games
Crypto Overview
Overview
Meta Masters Guild (MEMAG) is a mobile-focused Web3 gaming guild launched in 2023. The project aims to develop and publish multiple mobile games that incorporate play-and-earn mechanics using the MEMAG token as the ecosystem's native currency.
Purpose and Utility
The MEMAG token is designed to serve multiple functions within the Meta Masters Guild ecosystem: governance rights for token holders, in-game currency for purchases, rewards for players, and staking capabilities. The project's stated goal is to create sustainable play-and-earn games rather than focusing solely on speculative token value.
Business Model Evaluation
The project's core business revolves around mobile game development and publishing, which is inherently halal as it involves the creation and exchange of digital entertainment products. The platform does not incorporate interest-bearing mechanisms or gambling features in its core design.
Development and Adoption
Meta Masters Guild has released their first game, Meta Kart Racers, in beta form. The development team maintains regular updates and communication through official channels. While the ecosystem is still in its early stages, there is evidence of ongoing development activity.
Token Distribution
The token distribution includes allocations for development (15%), marketing (15%), team (10%), and public sale (35%). Team tokens are subject to a vesting schedule, which helps align long-term incentives. The project maintains transparency regarding token allocations and vesting schedules.
Crypto Impact
To assign a comfort level investing in Meta Masters Guild Games from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Meta Masters Guild Games.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.