30X Gaming Altcoin
A 30X Hidden Gem no one is talking about … yet.
Unless you have been hiding under a rock, you will have noticed the mini bull run we have had over the last couple months in gaming Altcoins. This mini-run was much like the DeFi summer of 2020, the appetizer to start the party. When the full main course arrives, the performance of gaming altcoins will blow all other altcoins out of the water.
One successful AAA Web3 game will create a speculative frenzy that will see even the most mundane of projects hit 10X, 20X, 50X and even 100X returns. In this accumulation phase prior to the halving, these sorts of returns may seem “pie-in-the-sky”. There are a huge number of very solid games that have been building throughout the bear market, and as they begin to launch over the course of 2024, just one solid hit will send every other gaming token to the moon. The projects with some merit will be at the forefront of that price explosion.
My Angry Yakuza Girlfriend (MAYG) is one such game with plenty of merit, a social competitive “Win-to-Earn” game with huge potential and a unique economic model that sets it apart from any other Web3 game.
MAYG: 30X Gaming Altcoin in the Making
What is MAYG?
MAYG is a private beta-stage Web 3 game with a social competitive angle that focuses on a very innovative in-game open world economy they have dubbed “Play-to-Earn 2.0”, a competitive spin on P2E.
The unique selling point of MAYG is its ultra-innovative gamified economic model that mints $MAYG for competitive game wins, and the off-chain token $GLB to incentivize players in a free-to-play (and play-to-earn) starter game. Conversely, it creates demand for $MAYG as a fuel to invest in upgrading your NFT’s as well as your clans, building your own casinos, esports teams and other integrated businesses.
The game is very early stage, and currently in private beta only. Full launch is expected in Q2 2024, and they have big plans for marketing and user adoption.
The gaming ecosystem has three main components:
- Starter Game:
- Free-to-play with a very low barrier to entry and short learning curve.
- Requires AP (angry points — a daily recharging energy supply) to enter.
- Earns in-game token (off-chain) $GLB creating playing incentive
- Zero risk, social incentive
2. Win-To-Earn Game:
- More competitive with real stakes
- Entry with $GLB and AP, winnings are in newly minted on-chain $MAYG tokens
- Gamified risk with use/loss of $GLB and win payouts in $MAYG
3. Risk-to-Earn Game:
- Highly competitive (akin to online Poker)
- Entry with $MAYG and AP, winnings at 2.5X $MAYG
- 50% of all $MAYG entry fees are burned, creating deflationary pressure to offset the inflationary mint process in Game #2: Win-to-Earn.
Value Proposition:
- Well known founder and game designer Sinjin David Jung, the former marketing director of Asia Pokerstars, Senior Advisor to Esports juggernaut Team Liquid.
- Founder has invested $2.7M of his own funds to bootstrap the project
- Main team members with significant industry experience (SEGA, PGA Golf, Metalcore, Immutable X, Epic Games and more)
- Solid core community that is actively involved in the game.
- Phenomenal tokenomics dominated by the economic Poker-inspired Win-to-Earn model (see below). This innovative token model has huge social/viral potential.
- MAYG Empires secondary mobile game approx. 6 months from alpha launch, will increase token utility and demand.
- Low learning curve for the game, and low barrier to entry with free-to-play starter model.
- Integrates GambleFI into the game itself
Token Utility: ($MAYG)
- Upgrade in-game NFT’s
- All in-game assets are NFTs (Characters, Casinos, Licenses, Esports teams, etc) and can be upgraded with $MAYG
- Required for Casino game entry fees
- In-game asset purchases
- Burn mechanism removing 50% of all game entry fees.
- 4% Transaction tax on any $MAYG transactions
- 20% Revenue share for MAYG, 5% of which is burned
- 10% Revenue share for $GLB, 5 % of which is burned
How to Invest in MAYG:
MAYG currently does not have a live token. There are two ways to invest in MAYG, both of which are high risk high reward. At the time of writing, the project is generally not well known. It is however followed by industry leaders like 0xHustlepedia, XBorg, Neo Tokyo and other big names.
Once the token launches, the alpha gained from investing prior to marketing efforts will be largely gone.
- $MAYG Private Sale at XBorg:
For the more crypto savvy, you still have time to invest in the token at Angel round prices (heavily discounted) via the XBorg launchpad. This takes a bit more work and capital expenditure as well as a vesting schedule, but comes with the benefit of heavily discounted tokens.
- Buy a Prometheus NFT
- Join the XBorg Discord
- Contribute to the sale currently scheduled around Feb 10th, 2024
2. Buy the $MAYG Princess NFT’s
- The princess NFT’s are effectively genesis NFT’s and will entitle you to various airdrops ($MAYG, $GLB, and subsequent next gen NFTs)
- Each Princess NFT can create 12 Oneechans (little sister NFT’s), and will be central in creation of their clans.
- The ability of the Princess NFT’s to “spawn” Oneechans gives them huge price appreciation potential both as a result of the post-private sale marketing as well as the potential game adoption at full launch.
- Prices have come down, and are very reasonable given the progress in game development, fund raises and upcoming marketing.
- Current floor price is roughly 0.09 ETH, making the barrier to entry fairly accessible.
Conclusion:
BTC Yakuza
We are in the midst of a bit of a lull in the crypto world, where post-ETF approval doldrums have set in. Many have taken a decidedly negative outlook on the short term, in what I believe is a bear market PTSD-driven view. As a contrarian longer term crypto investor, it seems likely to me we get a rally in the run-up to the halving, with a short and sharp pullback near the halving itself in April. Then it is off to the races as we enter the parabolic portion of the bull run.
Now is the time to responsibly accumulate your conviction plays. As always, I put my money where my mouth is and am a holder of the MAYG NFT’s and will be an investor in the $MAYG tokens via the upcoming private sales.
Good luck out there, and see you on the next one!
Sovereign Crypto
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Disclosures:
- I own or am accumulating the above mentioned tokens/investments.
- Not financial advice.
- I rebalance my portfolio occasionally and the above may change from time to time.
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