Oil Magnate (MAOGA) Game Launches Referral Program and Announces $5,000 Giveaway

One of the most exciting Telegram games – the oil extraction strategy Oil Magnate, where players can earn the project’s native token $MAOGA – has launched a referral program and a major contest with a prize pool of $5,000. The rewards will be distributed among the most active players. The new update is already live, and now players can grow within the game by expanding their community of friends.

Earlier, Oil Magnate made headlines when it partnered with VICTUS Capital, a well-known venture fund recognized for supporting promising projects in the gaming and crypto space. It was not only the idea of making a financial investment but also providing strategic advice, namely consulting assistance, for the improvement and advancement of the game for which the fund has been in support of. An upgraded app will be released shortly to the public, as stated by the MAOGA team.

Details Here

With several Telegram games already launched with the backing of VICTUS Capital, the capture of Oil Magnate by the fund speaks for itself as to how a game can thus be engaging, unique, and, more importantly, destined to become one of the major players in the Web3 gaming industry.

“We are very excited to collaborate with VICTUS Capital,” says the Oil Magnate team. “We are focused on long-term development and partnerships, and we have big plans for the growth of our project. The support from the fund is exactly what we need to reach our goals.”

Oil Magnate is a blockchain-based economic strategy game where players become digital oil tycoons. The core gameplay includes:

• Purchasing locations and building oil rigs
• Upgrading and repairing equipment
• Extracting and selling oil
• Earning in-game currency and special points for every action

As they play, users earn points – 10 points for every 100 barrels of oil sold. These points will later be converted into real tokens, making the gameplay not only fun but also potentially profitable. Players can also earn points through donations by purchasing upgrades, new rigs, and territories with real money.

With the launch of the $5,000 contest, the Oil Magnate team aims to reward the most active players of the season. At the end of the competition, the Top 5 players who accumulate the most points (through gameplay or investment) will share the prize pool. The more active you are, the more points you earn – and the higher your chances of winning. All actions are tracked automatically, and the results will be announced at the end of the season.

Such contests foster an active community, boost engagement, and attract interest from both players and those viewing NFT games and GameFi projects as investment opportunities. Since launch, the project has already attracted over 160,000 players, and its social media following continues to grow.

The new referral program contributes to this growth: referrers earn a percentage from all in-game donations – 30% for first-level and 10% for second-level referrals. For example, if user U1 invites U2, and U2 invites U3, when U3 donates, U2 receives 30% of the donation, and U1 receives 10%.

Oil Magnate is a full-fledged ecosystem with ambitious plans. The team has already announced their intention to take MAOGA beyond Telegram. They’re working not only on unique economic mechanics and strategic features, but also on launching a standalone app for iOS and Android, which holds tremendous growth potential in the market.

The project also plans to list the $MAOGA token on leading CEX and DEX exchanges in Q2 2025, increasing its liquidity and accessibility. Additional features, alliances, and social interactions are also in the works.

Conclusion

The collaboration with VICTUS Capital opens new doors for Oil Magnate and helps raise awareness for Web3 games. Now, users can not only earn tokens but also become part of a promising ecosystem backed by major investors.

Oil Magnate – the first game where you drill for oil directly in Telegram!
Join now and be part of the future of the digital economy.

Learn more about the project: https://maoga.us

Join the game: https://t.me/RealOilMagnatebot