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(MGE) Mergex $80k Dollar Market cap!! Defi game Project Review (PlayToEarn)
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Written from the stream's auto-generated captions.
- Or just failing with a lack of funding or liquidity so this here we got Riley Thompson he's the lead lead developer they.
- Long I feel all the words just become jumbled up but I guess it happens we got Kenny Russell co-developer serial investor.
- Master note ecosystem I apologize guys If I Stumble over some of these words I said once you've been reading out loud for.
- Individual who's committed with whose commitment will ensure that the project demonstrates the limit Limitless bounds of the X11 algorithm and efficient and rewarding.
- Wrong right all right an experienced and sustained blockchain marketer with multiple project successes laterally with block X Riley is a dedicated and consummate.
Show transcript (22 sections, auto-generated captions, expect typos)
[Music] open welcome to underground crypto we are back at it again deep diving these underground cryptos these cryptos you've probably never heard heard about and we are here at our favorite no name exchange probably not going to get to say that forever they're starting to get some notoriety or I'm just looking way more in this world where people are paying attention to this exchange when you go to markets you click here automatically put you on spot market then we click new listings and again I always say what I like about this is they give you all the links that they can um lately I've noticed that we haven't been getting a lot of coin gecko links I think that's just how new these coins are I mean think about it 31,000 market cap 880,000 market cap these are brand
new most of the time this one says it has A3 billion market cap that is interesting maybe we'll Deep dive that one at some time now let's hop right in today we are going to do mge which is merger X ticker again mg they have their website their Twitter here um not a financial advisor nothing I say or do should be taken as Financial advice if you need financial advice go get you a financial advisor somebody with that piece of paper certificate that uh apparently is allowed to tell you things so again market cap 880,000 micro I wish I had a name for something smaller than micro uh I might just have to come up with one cuz it is Tiny and so don't know what this coin is do want to say um I did a review of
a project that I've been in about two and a half years that I really recommend you check out it's called moox we're going to be doing um more gaming type stuff defi gaming of course not just random you know Xbox and Playstation but defi gaming and we're going to start covering those things on the channel as well and that'll be a whole you know separate playlist and everything so I did the review of moox and its farmer with just a quick touch on the different games that they have I didn't go in any detail really with it but I'm going to be doing a video for each of their different games and I'm going to be doing an unboxing of 50 um chess you know it's like $270 worth of Chess we're going to be doing a video on
that and uh I've just been super bullish on it it survived the bare Market on binance Smart chain if you know you know on binance Smart chain if you're a project and you can survive the bare Market you got some things going for you uh Mo Box's coin is at like 56 cents and its height was like $16 so if you're speculating that might be something you want to look at but again can't give you any advice but for today never mind that we are going to be going and taking a look at merger X so let's go to their website which I already have pulled up here and I did click on their Discord you see it up here this is what comes up invalid invite or invite invalid and um yeah I'm sure they'll get that fixed
seems like this is relatively new this website looks I don't want to diss it but it does look like it was put up quickly which is understandable you need to have a website you can't not have a website so I'm sure that they will hopefully like Dogg and me upgrade their website and make it better as time go goes on so anyways what kind of coin is this it says play to earn Master node merge X ticker mg mind game earn then it says embark on an exciting Journey with merge X the groundbreaking cryptocurrency that's changing the game in master nodes and play to earn mechanics interesting so many people in the play to earn space people come out swinging and do really well people make money but nobody really seem to figure out how to transend all the
different things in gaming that you need to have to really get mainstream adoption you need a good game that's fun to play that people care about um if it's really boring then it better make you a bunch of money because that's the only reason why people are there they're not there to play a game they're there to make money and a lot of times at first they have some money people are buying in so they have some money but at some point there's too many people in it becomes oversaturated the amount of money can make goes way down or the amount of money you have to spend to make any decent money goes way up and then eventually it just crashes and burns um but it can take a long time for that to happen as we've seen with
different play to earn games a lot of people in the regular gaming World Xbox PlayStation find a lot of people not crypto people you know just to note that have this thing against gaming uh play to earn gaming and stuff like that I don't get it I would think if you love video games and you play video games you would want there to be good video games that you actually enjoy playing that you can own nft assets like your sword and your armor own it have a Marketplace sell it as you climb the ladder of getting better armor you can sell your old armor for real money um real in-game tokenomics and like get paid to play I know there are some aspects that you can get paid to play with streaming and stuff but this just brings a
whole another level um that people could make a living off a gaming much easier anyways we'll move on from that elevate your involvement by setting up a master node and contributing to a stable incentivized and strong blockchain stability bringing growth glad I made it through all of that without messing that up been doing too much reading and talking out loud and recording today so bear with me if I start fumbling over all of these words so we got merge X X11 Master node play to earn Community orientated got some of the right words there I don't know as far as a game what they have working or where they are in their production of this so keep that in mind a fair reward structure for miners Master nodes passive income docks team major goals in mind now that's cool
I hope that they are all docks play to earn on popular games so for a long time everybody who's trying to do the play to ear defi gaming thing they were trying to make a game um and they were pretty limited they didn't put years and years into development and so you know there are a few that have been in development for a while that look pretty cool that are going to come out like alium that a lot of people have speculated on and aliums price went up to like $1,000 at one point now it's like a hundred for anybody who's looking to speculate on gaming coins I think that's probably a decent pick but what do I know I own a couple of them I bought them with when they were like 20 bucks so we'll see what
they turn into I'm in profits now um but another way that people are starting to realize is what if they don't make a game all themselves they just figure out how to attach the Defi and the earning capabilities of some kind of defi gaming to a game that already exist and they're starting to do that you can mine um I think it's called NEX nexo yeah I think it's nexo coin um I have it set up You Can Mine by just playing fortnite by playing rust and you will earn uh digital currency and that project I guess I will cover here at some point has a really low market cap that's probably another good one to look at if you play fortnite or rust and then they have like four or five other games that I don't remember if
you play those games all the time why not get paid you're going to play them anyways right let's get back to this though I just wanted to say that because it seems like this play to earn on popular games is they're saying they're taking maybe that business model of not building a game all themselves but just connecting with games that people already love to play and I think that's going to bring adoption much faster and much better all right coin information Max Supply 62 million that's pretty good initial block size 525 I don't know if that's megabytes or whatever having C docu mentation okay pre-mine 1 million play to earn 2.5% Dev fund 2.5% Master node regular reward 30% mining reward 65 Master node regular 30,000 merge X and block Time 1 minute and again it says join Discord
I've already clicked that link as well has an invalid invite maybe we will go over their Discord at some point if I can ever get a valid invitation your gateway to earning in fun merge X play to earn discover the ultimate gaming experience where you can earn reward while indulging in your favorite games seize the opportunity to complete alongside popular streamers in our thrilling tournament oh compete not complete unlock the possibility of earning a master node simply by enjoying your preferred gaming activ activities elevate your gaming Journey with us fast scalable and safe we are building a community merge X Community streaming program embark on your streaming Journey on our platform and harness the potential to expand your channel through our Vibrant Community where you are where your ab budding yeah where your budding streamer oh rather you're a
budding streamer or aspiring to to Kickstart a streaming career we're here to support and guide you every step of the way join us and turn streaming into reality then there's a learn more button I'm curious where is that going to take us takes us to the top of the page that's not very helpful but again guys they probably threw this up relatively quick so they have a docs developer I was just about to reiterate that having a doc's team is really good cuz gaming coins I feel like are one of the type of coins that have a higher percentage of rug pulling or just failing um with a lack of funding or liquidity so this here we got Riley Thompson he's the lead lead developer they put a picture of them but they made sure it was really small
so you could barely see it just in case things go wrong right all right an experienced and sustained blockchain marketer with multiple project successes laterally with block X Riley is a dedicated and consummate individual who's committed with whose commitment will ensure that the project demonstrates the limit Limitless bounds of the X11 algorithm and efficient and rewarding Master note ecosystem I apologize guys If I Stumble over some of these words like I said once you've been reading out loud for so long I feel like all the words just become jumbled up but I guess it happens we got Kenny Russell co-developer serial investor and entrepreneur across a wide variety of sectors and commodities recent focus in emerging and fast-moving blockchain scene driven to success with a 24-hour work ethic and we will have to take their word on that and
that's all they got just those two people so as far as being doxed we got two people docs take that for what you what you would like to take that for white paper coming soon so no white paper um not sure how I feel about that you know this just came out as far as I know oh we did they did have a Twitter link let's go check that out maybe they'll have more information on Twitter cuz they don't have a lot of information here I'll click follow again guys on Twitter follow me Crypton _ crypto that's me you can't miss our little underground crypto logo that I made and they have 477 followers I don't know if who the how many they're following versus the racio of followers people get into that I don't think that matters at
all I'm more concerned with how many people are following this project they have a pinned comment from only 15 hours ago it says merge xchain launch facts so passing Dash pay with consistent 2 pH hash power approaching 50 Master nodes in our robust system super fast and reliable chain performance just the beginning of an incredible journey and they have a chart here of their hash rate that might mean more to you if you're a miner minoring mining is something that we will be getting into more um on the channel I got a good friend of mine who is really pressing me to help him learn more about it so we may be even doing some collabs together um to figure out more mining stuff and we'll bring whatever information we find to the channel this channel is about crypto
the point of it originally was I'm going to be deep diving these coins as far as speculation goes and so um yeah I'm just bringing you guys along for the journey I'm a normal person I don't claim to be a geek or some techie person just a normal person who believes in blockchain believes that it has the potential to really revolutionize everything in our world and I think it's going to I think it's inevitable with AI combined with blockchain I mean it's going to be really hard to shut that down no matter who you are in the world um 13 hours ago we got a post 3 hours ago we got a post looks like the same post that was pinned three hours ago four hours ago that looks like a repost um so you're seeing some pretty pretty
common posts pretty uh what's the word I'm looking for here pretty consistent posting um let's see to today's the 12th we got the 11th and these are all um like chat GPT style designed artwork I know because I use the artwork I'm not hating on it I use it as well this kind of artwork generation is amazing and I think really good content I mean that looks good I'd like to know what they put in to get that to be honest with you anyways I won't go off on tangent I got to stay on track sometimes it could be hard cuz there's just a lot of things that I'd like to talk to everybody about and get other people's perspective as we build the channel uh like share comment hit the Bell notification to get all the videos we're
going to be expanding a bit in this is a good one to talk about this because we're going to be expanding more into some gaming going to be starting with moox because I know moox decently well but I don't you know I have a job you know I work and um run some companies so I don't have time to sit on my computer 24/7 and learn every aspect of every game and how to be the best at them all but I do like diving into them and my spare time and investing and so look for those other videos coming out Channel's up to 41 subscribers I think that's a bit of a milestone uh you'll hear me say the other day we were up to 45 I don't know what happened it was at 45 like 10 minutes later
more like an hour later it was down to 37 like we lost a bunch like at one time a lot of bots and things coming on and commenting beware guys in the comments if you hear or see well obviously you won't hear it but when you see the comments and it's just a bunch of random people blabbering and ultimately just winds up and them talking about somebody they gave money to those are scammers that's just what it is if you don't know that in this Space by now you know be warned anybody who's going to take your money and make you money uh why why wouldn't they just keep your money if they if you're going to give them the money why wouldn't they just keep it and if they are good they'll just make themselves money you don't
know who they are cuz they hide behind fake accounts don't give your money to anybody to try to earn you money get education if you want to get education anything like trading uh day trading swing trading go check out the crypto lifer been a wife for fre years that is the best education and cheapest education um in the YouTube World his Discord is extremely affordable but I won't go on a tangent about that all right guys that's pretty much everything here I would like to cover the Discord but we can't get in what other links do we got uh Bitcoin talks link I never go over to this so we'll just I guess check that out real fast update X11 play to earn Master node launch 37 so they've launched but hasn't been very long and I think that
all that's launched is the mining and the mining pool doesn't seem like there's any game or anything like that yet so uh getting started as a breeze connect your mining pool connect to our mining pool using the stratum URL don't know about mining so I don't know how that works worker your wallet address set your password perimeters to this right here and happy mining so maybe we'll try some stuff like this if anybody out there is good at Mining and would like to collab would like to do some things together message me hit me up somewhere Twitter Instagram whatever and and maybe we'll work something out because I really want to learn a lot more about this and with that we'll wrap it up crypto Ron your host out have a great day everybody
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