Meta Masters Guild, a play-to-earn games platform, has successfully raised $1.5 million in its presale and is moving forward with the development of its first game, Meta Kart Racers.

The project is currently raising more than $500,000 a week, and will soon be coming out of Stage 3 of the fundraise after it reaches its $1,848,000 milestone.

In Stage 4 of the $MEMAG presale the token increases in price from $0.01300 to $0.01600, a 23% rise.

The presale has seven stages altogether, with the staged price rises finishing at $0.02300 – 76% above the Stage 3 price.