A Cryptogamer’s Comprehensive Guide to MetaMask
We explain what MetaMask is, and how to get started using it on BitGuild
Today, MetaMask has become a crucial tool in interfacing with any blockchain game, but using it for the first time can be a little daunting. By the end of this guide, you’ll be well-versed in the art of making simple cryptocurrency transactions.
What is MetaMask?
Simply put, it’s an interface through which you access your cryptocurrency wallet. It holds, sends, and receives “tokens”. Tokens take many forms, and there are a lot of technical details regarding different token types that we won’t go into here. Suffice to know that tokens take the shape of two major things for you on BitGuild: Your currencies, and your items.
First, we’ll tackle how to set up your MetaMask account and browser extension. If you’ve already done this, feel free to skip to the next section.
Step 1: Head over to MyEtherWallet.com (a.k.a MEW) to start the process of setting up your wallet. We recommend you read their disclaimer pop-ups carefully, in order to better understand and secure your wallet.
Step 2: Select a password for your wallet. This password should be unique and complex, but most importantly: DO NOT LOSE IT. We can’t help you recover your password, wallet, or other personal data, so write it down carefully, and keep it in more than one place. Better safe than sorry!
Step 3: Once you’ve selected a password and created your wallet, you will be prompted to save your keystore file. Click on the “Download Keystore File (UTC / JSON)” button, save it, and then click “I understand. Continue”. This is also very sensitive data, so keep it in a safe place, preferably in more than one secure location (in case your computer crashes!)
Step 4: Save your private key. Again, keep this in a safe place, as it can’t be recovered if you lose it. We suggest keeping it in physical format, hidden away with your important documents.
Step 5: Before you can use your new ETH wallet, you’ll need to choose a way to access it. The only currently officially supported method to use your cryptocurrencies on BitGuild are via MetaMask.
Now that you’re all set up with a wallet ready to go, the first thing you’ll need to do is load it up with some ETH. You can buy ETH from any reputable source of your choosing — here’s a highly detailed guide for this process.
The final step is to add an identifier for PLAT to your wallet. PLAT is the official BitGuild currency, and is necessary in order to play games on the BitGuild Portal. To enable MetaMask to identify PLAT in your wallet, follow these steps:
1: Access your wallet by clicking on the MetaMask icon in your browser.
2: Click on ADD TOKEN under the Tokens tab.
3: Enter the following information in the corresponding boxes, then click ADD.
- Token Contract Address: 0x4118d7f757ad5893b8fa2f95e067994e1f531371
- Token Symbol: PLAT
- Decimals of Precision: 18
That’s it! Your PLAT should now be displaying in your wallet.
Once you’ve registered on the BitGuild Portal, MetaMask takes a backseat to the action. Your items will be viewable through the website, and you’re free to browse the portal, chat with users, and play as many games as you please. As soon as you initiate any transaction, be it in-game or by buying PLAT directly from the BitGuild website, you’ll see a Metamask window pop up, prompting you to confirm the transaction.
There are a few elements to these transactions, and we’re going to detail them for you here. Don’t worry, it’s not as complex as it looks. Because of the nature of the ethereum blockchain, all transactions require a fee, commonly known as gas, or gwei.
The ethereum blockchain is a shared resource, and as such, transaction fees can vary based on network load. These fees are always small, averaging around 0.46 USD at the time of writing. MetaMask will suggest a gas price based on current network success rates. Should your transaction fail, simply raise the gas price slightly and try again, or wait until later when peak load times might have died down. You can learn more about the blockchain in this post.
You are now armed with the knowledge and tools to venture forth and start exploring the world of cryptogaming. See you on BitGuild!
BitGuild’s mission is to revolutionize the global gaming industry by creating a platform for a brand new class of games that live on the blockchain. Blockchain games completely redefine the relationship between players and developers by facilitating full and true ownership of in-game assets, cheap & safe item trading, cross-game compatibility of items & currency, and more.