The demo version of the Megladoge Binance Smart Chain (BSC) network online game is now live on the Megladoge server network.
As per a press release on December 16, Megladoge is a free-to-play and play-to-earn gaming platform with NFT staking capabilities tapping the benefits of the expansive BSC ledger, directly empowering players.
As a decentralized financial payment ecosystem, it restructures the traditional payment stack on the blockchain. The BEP-20 MGD utility and governance token is central to the game.
Empowering Players
For investors, the Megladoge, which is described as the "absolute most adorable and cutest of all doges" promises to be a lucrative investment opportunity for early adopters.
Although players can play for free, those who choose to trial the game without committing to hold MGD tokens are excluded from in-game or leaderboard rewards.
During Megladoge's weekly leaderboard, random NFT prizes will be distributed to leading players, helping build community and encourage competition. In addition to gaming rewards dispersed in the MGD, users can stake their NFTs to receive more token rewards. Overall, the more a player participates in their play-to-earn games, requiring the holding of MGD tokens, the more demand there is for the token—a net positive for the entire ecosystem.
The MeglaNFTs, Expanding MGD Earning Opportunities
Megladoge is integrating NFTs in their game for a more interactive and inspiring experience amongst global gamers. For instance, the platform has indicated that users can purchase in-game skins with varying power-up capabilities as NFT. These rare NFTs are useful in propelling a gamer through various levels. However, Megladoge has also stated that gamers who advance through multiple levels will also receive MGD tokens directly deposited in their wallets.
By strategically integrating MeglaNFTs, the online gaming platform can generate revenue—further helping build up the required incentives for investors. Moreover, the ability to stake MeglaNFTs is positive as it would drastically pump up their liquidity. In turn, ecosystem MeglaNFTs holders who decide to stake would earn extra MGD tokens complementing in-game and leaderboard rewards. It is a virtuous cycle of incentive that goes a long way in boosting the game's profile and helping it stand out.
Megladoge (MDG) Tokenomics: Presale from December 21
In all, there are 100 billion MGD tokens. Besides serving as a utility in the gaming platform, token holders will also vote on proposals, directly participating in gaming development. The token's presale details and listing on BSC's largest decentralized exchange, PancakeSwap, is scheduled for December 21 to 22, 1900 UTC.
Their whitelisting of users is ongoing, ending on December 20. The gaming platform has said it shall allocate 1k spots to whitelisted users who will have a chance to invest at least 0.2 BNB and a maximum of 2.5 BNB for a soft and hard cap of 400 and 800 BNB, respectively. Megladoge has allocated 27,520,000,000 MGD for their presale on PinkSale and a further 19,264,000,000 MGD for liquidity once listed on PancakeSwap.
Megladoge Plans: Game Release in 2022, Bridging with Ethereum
Going forward, the team plans to bridge into Ethereum. The latter is one of the most activity-dense smart contracting platforms whose virtual machine is interoperable with BSC. The interoperability feature of the BSC is useful to Megladoge since the project would be in a position to attract more investors from Ethereum. It is critical since the demo version is now live ahead of the full version set for launch in 2022. To find out more about upcoming news, be sure to follow the Telegram channel.
At the same time, Megladoge plans to market more aggressively on social media and strike more partnerships. Megladoge has partnered with Root Pointers, which delivers the best web and mobile design or development using a Zen approach.
