We're still trying to figure out the best way to get models from Blender to the app, but we're diligent and the results are surprising. Yes, we're using MAGENTA as the transparent key, so
No it wont be pink in the game.
This would be one of about 1000 models I need to make. And technically this one isn't done - I still need to create proper textures and map them (that what you see are blender base materials, which are great for rendering but no good for games). Further I may be going overboard as far as model complexity is concerned. It's possible I could get away with a simpler mesh with a nice texture.