My Master WarMAT
$0.00672
Market/Exchange
MAT Price Prediction and Price Movement
MAT has been down 6.57 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that MAT's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if MAT is backed by a solid development team and whether MAT's technology has any potential to grow.
Please note that this analysis is purely base on MAT's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
My Master War Price Chart
About My Master War
What Is My Master War (MAT)?
My Master War is a gaming ecosystem on the Binance Smart Chain (BSC) with DeFi and NFT elements. It incorporates both play-to-earn and staking and prides itself on not requiring players to spend any money before they start playing. Set in both the Middle Ages and the future, the game revolves around the human desire to live forever, master the universe, and accumulate resources.
In the first set of games, taking place in the Middle Ages, players can choose their own scenario. The gameplay includes building armies, devising strategies, and fighting battles, as each player takes on a role as a king of a country. The second set of games transpires in the future and, presumably, will incorporate VR and AR technology, as My Master War hints that players will not need laptops or mobile devices to play.
Currently, My Master War is available as a browser game, but it is set to launch on Google Play and the App Store. The game’s evolution into a metaverse, together with UX and UI improvements, is planned for 2022.
Who Are the Founders of My Master War?
Behind the development of My Master War is a team of experienced Vietnamese developers, with Dominic and Henry Nguyen heading the project, as the CEO and CTO, respectively. Dominic Nguyen boasts seven years of experience as CEO and CTO, in addition to experience as a project manager in the Japanese market and with big data. Henry Nguyen is an experienced blockchain architect that previously worked on Krispay, a digital wallet, and Euphoreum, a crypto wallet.
My Master War also has an impressive array of advisors and investors including Trung Nguyen, the CEO of the play-to-earn hit Axie Infinity, Henry Tran, the founder of HubGlobal, and Thanh Dao, the CEO of LaunchZone. Furthermore, the project has successfully raised $1.2 million from Animoca Brands, one of the investors behind The Sandbox.
What Makes My Master War Unique?
My Master War combines elements of NFT games with GameFi to create an immersive experience. In the medieval stage of the game, players choose generals, whom they need to win battles, conquer strongholds, and unify the world. The key to success in the game is to equip the generals with the right equipment and employ the correct tactics for battle. Players can improve their chances by buying game items to upgrade their generals’ levels and receive game rewards for successful battles. They can also stake their MAT to receive rewards and reinvest them into improving their generals.
The generals in the game are non-fungible tokens with attributes like health points (HP), strength, intelligence, defense, attack abilities and technique. The combination of these attributes shapes the color, strength, and combat ability of the generals. Players can either create new generals or buy and sell them from the game’s NFT marketplace. New generals are made by combining two generals of the same type.
Players do not need to spend any money to start playing My Master War. However, a small sum is required if players wish to buy in-game items to upgrade their levels. Moreover, players can earn currency through staking MAT, winning challenges, selling NFTs, and referring other players to My Master War.
Related Pages:
Check out Axie Infinity (AXS) — the most popular NFT trading game.
Check out My DeFi Pet (DPET) — a pet-oriented trading game.
Read our deep dive into the top metaverses.
Get the latest crypto news and latest trading insights with the CoinMarketCap blog.
How Many My Master War (MAT) Coins Are There in Circulation?
The total supply of MAT is 100 million. The token distribution is as follows:
- Private Sale (12%): 15% is unlocked at TGE, two month cliff then linear vesting block-by-block in 15 months
- Public Sale (2.5%): 25% is unlocked at TGE, then 25% is unlocked monthly over three months
- Liquidity & Marketing (10.5%): 15% is unlocked at TGE, then linear vesting over the next 24 months
- Ecosystem (25%): 5% is unlocked over the first month, then linear vesting over the next 36 months
- Play To Earn (15%): rewards for users when playing the game
- Treasury (15%): unlocked over 60 months
- Team & Advisor (20%): the token is fully locked in the first six months, then unlocked over 18 months
How Is the My Master War Network Secured?
MAT is a BEP-20 token on the Binance Smart Chain. BSC is secured through the proof-of-stake consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible.
The network also follows best practices of scalability and security, such as:
- Using SSL/TLS for all connections
- All applications and blockchain services run within VPC’s private subnet.
- Confidential information is encrypted, with encryption keys stored in KMS.
- The operation’s wallet’s private key is encrypted, stored on KMS, and loaded into memory only. All funds are stored in cold storage, apart from what is needed for daily operations.
Where Can You Buy My Master War (MAT)?
My Master War is available on PancakeSwap V2, MEXC and Gate.io.