MetaGold Indie Game Studio Releases Demo Using In-Game Cryptocurrency
Moscow-based indie game development studio MetaGold LLC has announced the demo release of its latest game title ‘War of Magi’ on Google Play Store. The announcement includes the platform’s plans to develop and launch one of its MMO game offerings as a final stretch goal of the crowdsale.
War of Magi is a cross-platform, turn-based multiplayer adventure card game, capable of supporting large numbers of players in the game’s virtual setting. The story follows an aspiring young magician in his quest to master the elements of Fire and Ice to understand the secret behind the hidden knowledge of magic. Players will compete to become the master of war magic and explore dozens of spells whilst improving their magical skills and knowledge. The final release of the game will have a story campaign with 50 missions and a multiplayer option that follows a league system.
The demo on Android offers an insight into its virtual world and cryptocurrency-ecosystem that spans multiple titles. The platform’s ecosystem gives players the freedom to buy and trade the in-game currency and items in both virtual settings and online exchanges.
MEG cryptocurrency is powered by Ethereum blockchain ERC20 tokens which form the backbone of MetaGold gaming universe that includes the games like War of Magi, Project X and other future game titles. In addition to being part of the in-game economy, MEG can also be traded on various exchanges. The proof of ownership of in-game purchases like custom skins, characters, booster packs, weapons, etc. is stored on Ethereum blockchain, making it possible for players to trade, sell or store them securely. All MEG token related activities are free from third-party intervention and can be easily verified on the blockchain.
The in-game economy works on a real-world economic basis, where even the virtual land and house rights can be bought and sold using MEG both within and outside the game. The game allows users to have villages, keeps and player factions, wage wars against each other etc. by using MEG as a currency which also holds value outside the game environment. The MEG tokens can also be implemented in other games, irrespective of whether MetaGold Studios develop them or not. The MetaGold MMO with a player-driven MEG economy will become a reality once MetaGold reaches the crowdsale final goal.
The indie game development studio has announced the upcoming crowdsale, starting on April 3rd 2017, at 0600(UTC). During the month-long crowdsale, MetaGold aims to raise between $250,000 and $6 million which will be used for further development of the game features and to strengthen its game economy.
Price of the MEG token during the crowdsale is set at 0.0011 BTC (or its equivalent in ETH), along with early bird bonus slabs. The first 1 million MEG tokens carry a 20% bonus, which will reduce to 10% for the next 1.2 million MEGs. It will be followed by the third bonus slab of 5%, applicable for the next 1.4 million MEGs. The final set of 2.01 million MEGs won’t carry any bonus. If MetaGold does not reach the minimum target of $250,000 USD, all BTCs and ETHs collected during the fundraising period will be refunded.