Meme Moguls (MGLS) is an upcoming platform that will introduce Play-to-Earn (P2E) elements. It aims to teach players how to build wealth and will introduce an entire ecosystem powered by the MGLS token.
Meme Moguls (MGLS) Launches with Exclusive P2E Meme Trading Game
Meme Moguls (MGLS) will feature a game that will help users learn how to invest and generate wealth.
The main feature behind the platform is simulated investing. Through this approach, players can compete with friends in simulated trading and learn investment strategies. By doing so, they can learn new investment methods and earn cash prizes along with meme rewards.
Each player starts with $100,000 in virtual cash (play money). They can use it to build a portfolio and then complete challenges to convert their simulated earnings into cashable returns. To better simulate real-world investing, they will limit themselves to using 20% of the portfolio in a single investment.
Each player can also increase their in-game ranking and reach Mogul status. They can then monetize their trading experience and earn passive income.
The ecosystem will also comprise Moguls World. This is a dedicated virtual world, a Metaverse, where users will be able to connect, mine tokens, join liquidity pools, and stake their tokens.
What else is available in Meme Moguls?
Users can complete quests and challenges to gain access to valuable meme assets and rewards. There is an in-game market where you can buy, sell, and trade in-game items. There is also a wealth leaderboard. Here, the top 20 tycoons will share a cash prize, which is derived from a percentage of the project's daily revenue.
Players can also buy and sell rare nft characters. However, these can improve trading capabilities and trading conditions. The rarer an nft is, the better conditions the player will have, such as leverage and spreads.
To get more MGLS tokens, players can contribute their existing tokens to the Meme Moguls staking pool. By doing this, they become eligible to receive rewards based on their share of the pool and annual percentage return. The more chips a player bets, the greater the potential winnings they can make.
The future of meme moguls
Unlike most other projects, MGLS crypto aims to offer massive utility. It acts as an in-game currency and governance token within the Meme Moguls ecosystem. The project is in its blockchain ICO period. It has reached stage 4, where MGLS is trading at $0.0027.
Learn more about $MGLS here:
Visit Meme Moguls Presale | Join the community
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