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Morris Perico, the chief operating officer of Meta Gaming Guild (MGG), discussed the shift to Play to Airdrop tournaments and his bullish outlook on tap-to-earn Telegram games.
In Focus: Meta Gaming Guild (MGG) is a Bicol-based community-driven organization focused on blockchain gaming.
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The following excerpt from the interview, Perico discussed MGG’s focus on blockchain-based game development and web3 games, highlighting its transition from Play to Earn, which had reward system issues, to Play to Airdrop tournaments that reward only top players to maintain token value.
Nath Cajuday, Junior Editor, BitPinas: Good evening, everyone. We are here with the BitPinas team, and joining us is Mr. Morris Perico of MGG and AIS.
But before we proceed, sir, could you introduce MGG and Astra Interactive Studios (AIS)?
Morris Perico, Chief Operating Officer, Meta Gaming Guild: AIS focuses on game development under blockchain technology and web3.
While MGG caters to the games developed under web3 that we play, and we ask our community players to join and earn rewards.
Cajuday: We know that the hype or use case is a bit different now. It’s not as clear or focused as it was in Play to Earn. So how are you adjusting in terms of game development, and how do you communicate these trends to the community?
Perico: That’s correct. The concept of web3 has changed. Previously, it was all about Play to Earn. However, there were issues in the long run because the reward system was being abused.
What we did was shift the players to Play to Airdrop tournaments, where only the best players, not all players, receive rewards.
So we set up a leaderboard, for example, for this season, only the top 20 players will receive rewards.
This prevents abuse of the token reward system. If everyone gets a reward, they will liquidate it all at once, and the token price will drop. Kasi if you give rewards to everyone, everyone will liquidate the token you rewarded.
Cajuday: We just want to ask, how big is your community here in Bicol so far?
Perico: Our community actually started here in Bicol. During the pandemic, we helped thousands of players.
Right now, we have a community of around 5,000 members here in Bicol.
Cajuday: Speaking of Play to Airdrop that you mentioned earlier, there’s a popular trend now—the tap-to-earn or clicker games.
We’d like to ask your opinion on these clicker games. Do you think this trend is bullish or bearish? And do you think this is the new Play to Earn?
Morris: That’s a good question because we also explored The Open Network, which operates under Telegram.
I saw the trend of tap-to-earn games or Telegram bot games. They’re easy to access—as long as you have a Telegram account, you can participate.
So we also entered that space because we experienced that it was quite promising. For me, I’m bullish on tap-to-earn games.
However, Telegram recently faced an issue when its CEO was arrested in France, which affected the Telegram community. But as we discussed earlier, if a project has a strong community, it won’t be too affected. So I think Telegram bot games are fine, and many people will go there because they’re easy to access for crypto communities.
Keep watching the BitPinas webcast and read this website for interviews with the people who move the crypto industry in the Philippines forward.
This article is published on BitPinas: Interview: MGG COO on Play-to-Airdrop, Tap-to-Earn
What else is happening in Crypto Philippines and beyond?
Shiela, a senior reporter at BitPinas, has been a part of the team since 2021. She specializes in local web3 news, all while crafting feature articles and delivering global crypto industry updates. Shiela holds a degree in broadcasting from the Polytechnic University of the Philippines.
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BitPinas is a news website that portrays the most accurate coverage and representation of crypto, blockchain, play-to-earn, and NFT news and updates in the Philippines since 2017.
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December 26, 2024, 05:14 am ET, BY Randall S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy LOVE near 24.39 with an upside target of 29.49. This data also tells us to set a stop loss @ 24.32 to protect against excessive loss in case the stock begins to move against the trade. 24.39 is the first level of support below 24.88 , and by rule, any test of support is a buy signal. In this case, support 24.39 would be being tested, so a buy signal would exist.
The technical summary data is suggesting a short of LOVE as it gets near 29.49 with a downside target of 24.39. We should have a stop loss in place at 29.58though. 29.49 is the first level of resistance above 24.88, and by rule, any test of resistance is a short signal. In this case, if resistance 29.49 is being tested, so a short signal would exist.
If 29.49 begins to break higher, the technical summary data tells us to buy LOVE just slightly over 29.49, with an upside target of 34.86. The data also tells us to set a stop loss @ 29.4 in case the stock turns against the trade. 29.49 is the first level of resistance above 24.88, and by rule, any break above resistance is a buy signal. In this case, 29.49, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
The technical summary data is suggesting a short of LOVE if it tests 29.49 with a downside target of 24.39. We should have a stop loss in place at 29.58 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 29.49, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
If 29.49 begins to break higher, the technical summary data tells us to buy LOVE just slightly over 29.49, with an upside target of 34.86. The data also tells us to set a stop loss @ 29.42 in case the stock turns against the trade. 29.49 is the first level of resistance above 24.88, and by rule, any break above resistance is a buy signal. In this case, 29.49, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
The technical summary data is suggesting a short of LOVE if it tests 29.49 with a downside target of 24.61. We should have a stop loss in place at 29.56 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 29.49, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for The Lovesac Company (LOVE) available here: LOVE.
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Green = Support
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Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
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How Mexican Cartels Test Fentanyl on Vulnerable People and Animals The New York Times
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Pop-up ads or pop-ups are forms of online advertising on the World Wide Web, which often appear suddenly and disrupts the browsing
Hyderabad: Pop-up ads are a common annoyance when browsing the internet. These ads often appear suddenly, disrupting your browsing experience.
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Use an ad-blocker extension: Installing an ad-blocking extension can help block pop-ups and other ads. Adblock Plus, uBlock Origin, or Poper Blocker are popular choices for Chrome, Firefox, Safari, and Edge. Go to the extension store in your browser, search for one of these, and click ‘Add to Browser.’
Disable or remove suspicious browser extensions: In Google chrome click the three dots then more tools and then extensions, then remove or disable unnecessary extensions.
Clear your browser cache and cookies: Go to your browser settings. Find the clear browsing data or clear history option. Select Cookies and other site data and cached images and files. Click clear data or clear history.
Check for malware or adware: Pop-up ads can also be caused by malicious software on your device.
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Mac: Use Malwarebytes for Mac or another reputable tool.
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Generally cloudy. Areas of patchy fog. High 41F. Winds SE at 5 to 10 mph..
Considerable cloudiness with occasional rain showers. Low 39F. Winds SE at 5 to 10 mph. Chance of rain 40%.
Updated: December 26, 2024 @ 4:14 am
Sherry Spencer holds the winning $129,866 check
Sherry Spencer holds the winning $129,866 check
LANSING – A Manistee woman is planning to do some extra Christmas shopping after winning a $129,866 BIG CA$H second chance jackpot prize from the Michigan Lottery.
Sherry Spencer, 71, won $129,866 after she was selected in a random drawing that took place Dec. 10. She earned entries into the giveaway by playing the eligible BIG CA$H Second Chance Jackpot games online at MichiganLottery.com. For more information regarding eligible BIG CA$H Second Chance Jackpot games, please visit https://news.michiganlottery.com/bigcash.
“I saw an email from the Lottery that said I’d won a $129,866 BIG CA$H second chance jackpot, but I had a hard time believing it was real,” said Spencer. “Shortly after seeing the email, I got a call from the Lottery and was so delighted to hear that it was a real prize. Winning is such an amazing feeling!”
Spencer recently visited Lottery headquarters to claim her prize. With her winnings, she plans to take a vacation, buy her grandkids extra Christmas gifts, and then save the remainder.
Select online instant games include a second chance progressive jackpot drawing. Part of every purchase of the games funds one progressive jackpot prize which is awarded in a second chance drawing each month. Players earn one entry for every $0.50 wagered playing the eligible games. After the entry period has closed, a random drawing takes place with one jackpot winner being selected from all entries for that month.
The BIG CA$H Second Chance game launched in April 2022. Since the BIG CA$H Second Chance games launched, players have won more than $9 million in progressive prizes. In the last 12 months, players have won:
• November 2024 — $129, 866 progressive jackpot prize
• October 2024 — $123,884 progressive jackpot prize
• September 2024 — $114,176 progressive jackpot prize
• August 2024 — $176,540 progressive jackpot prize
• July 2024 — $205,831 progressive jackpot prize
• June 2024 — $207,199 progressive jackpot prize
• May 2024 — $212,310 progressive jackpot prize
• April 2024 — $234,333 progressive jackpot prize
• March 2024 — $250,299 progressive jackpot prize
• February 2024 — $227,383 progressive jackpot prize
• January 2024 — $257,631 progressive jackpot prize
• December 2023 — $260,975 progressive jackpot prize
Entries are only valid for the entry period in which they were earned. Each month, a new drawing period begins, and the progressive jackpot is reset to $5,000. The next drawing will take place Jan. 21.
About 97 cents of every dollar spent on Lottery tickets is returned to the state in the form of contributions to the state School Aid Fund, prizes to players, and commissions to vendors and retailers. Preliminary results show in the 2024 fiscal year, the Lottery provided more than $1.2 billion for Michigan’s public schools, its sixth contribution of more than $1 billion. Since it began in 1972, the Lottery has contributed nearly $30 billion to support public education in Michigan. For additional information, follow the Michigan Lottery on Facebook, Instagram, X and online at www.michiganlottery.com.
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12/26/2024 7:44:02 AM
According to EmberCN, GoPlus has announced the tokenomics of its upcoming $GPS token, with 10% (1 billion tokens) to be airdropped to early adopters and active participants. Users who have utilized their security plugin and accumulated energy block points are eligible for the airdrop. GoPlus has not confirmed a snapshot yet, indicating that new users may still have a chance to qualify by downloading and using the plugin. Additionally, GoPlus is collaborating with projects like Bitlayer for a Christmas airdrop event with a $2 million prize pool. Participants can mint NFTs by following project social media and completing on-chain interactions, which will later receive airdrops during the projects' TGE. The security plugin helps protect users from phishing sites and risky contracts, offering an additional layer of security without cost or disruption to interactions. (Source)
More from 余烬 (@EmberCN): Analyst about On-chain Analysis
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