Real economic indicators undeniably influence global cryptocurrency markets, with Bitcoin (BTC), the largest cryptocurrency by market capitalization, proving to be an excellent guide to the health of the cryptocurrency industry. Recent spikes in inflation worldwide, particularly in the United States, saw the value of Bitcoin fall in the second half of 2022 as the global economic crisis continued.
While this isn’t great news for existing investors of the world’s leading cryptocurrencies like BTC, there remain excellent investment opportunities for exciting new crypto projects. This is one of the most attractive new crypto projects Metacadesaw enthusiastic buy-in during the beta presale phase and raised nearly $1 million in just three weeks.
What is Metacade?
Metacade GameFi is the world’s first virtual game arcade that uses Web3 and blockchain technology to revolutionize the metaverse industry. The platform will host the widest variety of games (P2E) in the metaverse and offer players the same level of entertainment and social interaction that they would experience in a real-life video arcade from the comfort of their gaming chair. sofa.
The P2E element of the community is one of several ways that community users can benefit from the platform. Other revenue stream initiatives include:
- Compete2Earn – earn by staking tokens and winning tournament prizes
- Create2Earn – earn by interacting with the community and its members
- Work2Earn – Earn by finding a new Web3 role on job board launching Q1 2024.
In addition to earning opportunities, Metacade is a platform that supports budding developers to learn game development and earn their own lanes, and plans to become a self-sustaining and full-fledged DAO by Q4 2024.
How Metacade works
Unlike many GameFi platforms, Metacade It has a variety of offerings that go beyond the P2E element. The native token for the platform is the MCADE coin, and there are several ways to earn Metacade revenue.
Metacade’s revenue-generating features include a range of paid arcade games, just like what players would expect to find in a real-world video arcade. The platform also includes advertising, prize draws and entry fees to compete in tournaments, and a launchpad initiative that allows foreign companies to release games on Metacade for a fee. These revenue streams provide the funds that go into players’ wallets when they win prizes.
The number of titles available on Metacade will continue to grow. This increase will be helped by the introduction of the Metagrants initiative from the 3rd quarter of 2023. Metagrants are a source of funding for developers to build games on the platform. Developers submit game proposals for voting by MCADE token holders who identify the community’s favorite ideas. Winning developers will receive funding to turn their proposals into reality. The first games supported by Metagrant appeared in the Metacade library in the 1st quarter of 2024.
Other features in the pipeline include the introduction of a jobs board in Q1 2024 to augment the Work2Earn initiative. The board will offer a range of opportunities, including internships, short-term gig work and full-time roles in the GameFi industry with Metacade-approved partners, giving anyone with a genuine interest in working in Web3 development a helping hand to get started. industry.
Meanwhile, Metacade’s transition to the DAO begins in Q2 2023, and the process is estimated to take 18 months before community members assume all critical roles. This autonomy is one of Metacade’s leading lights; gives control of the future direction of the platform to the most important community members.
Why might MCADE rise?
The breadth of Metacade’s plans is found in more detail white paper, making it an interesting prospect for investors hunting for new crypto projects. Many other GameFi developments focus on minimal options, making it easy for them to become little more than a fad.
Metacade’s offering doesn’t fall into that trap. The range of games offered will continue to grow, providing additional earning opportunities through contests, gaming or creating social content to connect with the community. In addition, the constant addition of new games means that there is no risk of the platform becoming boring or outdated, as it will regularly reinvent itself with the release of new and exciting titles. As a result, Metacade has solid project longevity.
In addition, the community will ultimately have complete autonomy over how Metacade is developed. Player interests will always be at the heart of platform development, unlike more traditional games where developers must balance this with providing a return to shareholders.
These plans place Metacade at the forefront of the blockchain gaming revolution.
How to buy MCADE tokens
The Metacade beta sale sold out in less than four weeks, making it one of the most attractive new crypto projects currently in presale. Once the ninth and final pre-sale round is completed, the price will more than double to a total market value of $28 million.
Buying a board with Metacade couldn’t be easier. Tokens can be purchased by anyone with a Wallet Connect-powered crypto wallet on Metacade’s website.
You can buy MCADE with ETH (Ethereum) or USDT (Tether). First, connect your wallet to Metacade’s website to access the DEX and then accept the option to buy MCADE with ETH or USDT.
You can buy BTC on eToro here.
You can participate in the Metacade presale here.