Can This Meme Coin Game Really Create a Millionaire Every Month? What is MillioniareGame (MG)?

With the legendary surge of Pepecoin ($PEPE), new meme coins are popping up everywhere. There are thousands of projects out there, and many analysts go about how investing in meme coins can generate tremendous profits and life-changing returns.

The reality, however, is that finding the right altcoin at the right price to put your hard-earned money in is particularly challenging. A newcomer, MillionaireGame ($MG), claimed to create a new millionaire every month. Can it really do that? Let’s dive in.

What is the MillionaireGame?

The MillionaireGame is a community-driven cryptocurrency project that sets the bold aim of “minting a crypto millionaire through smart contracts every month.”

In essence, the game works through a smart contract that’s provably fair, according to the official website, and the process of picking the winner is fully automated and auditable. The winner is chosen at random, but there’s one constant – it’s always one of the eligible $MG (the native token of the project) holders.

The smart contract is built on Ethereum, taking advantage of the network’s robust infrastructure, as well as a diverse user base and trustworthiness.

There’s also a certain appeal to the $MG and the way the entire ecosystem is being built. With the founder revealed as a genuine crypto millionaire, claims that MillionaireGame was “made by millionaires to create even more millionaires” adds to its convincing appeal.

Necessary Steps and Tokenomics

The team has also taken a few necessary steps to make sure that the drawing process doesn’t negatively interfere with the tokenomics of $MG. In fact, the website says that it’s estimated that during the game’s operation, the value should increase by some 2% per month while sustaining the tokenomics for a long period in the future.

As per the tokenomics in particular, an estimated 93% of the total supply of $MG will eventually be held by the community. The token supply is capped to 1 billion $MG.

It’s also interesting to note that there is no team pool, which should eliminate concerns of potential dumping on behalf of the team.

In general, the MillionaireGame is designed in a way where it caters to the genuine needs of investors. This is what’s supposed to set it apart from typical meme coins, most of which are just more of the same.

It’s also worth noting that this is not a lottery – each month, a token holder will have the chance to become the next crypto millionaire.

$MG Presale Ongoing Now

Early investors have the chance to get in before the public launch of the game – there’s currently an ongoing presale.

It’s designed in a modern way with numerous stages. During each stage, the price increases. This encourages early participation. Of course, those take on more risk, but this is directly reflected in the higher potential of return.

It’s also worth noting that there will be a pre-listing buy-back as well as a post-listing burn. The first round of the buy-back will take place before the listing, and it will allow those who feel more timid to exit. This will also alleviate concerns about quick selling from those who don’t believe in the project’s longer-term vision.

Once the $MG token is listed on exchanges, the repurchased tokens will be burned, allowing the true supporters to share in the rewards.

As the stages progress, the price of $MG is expected to continue increasing throughout the presale event itself.

To find out more about the project, please take a look at its Litepaper. You can also check out this video or join the community on Twitter.

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