Real-world economic performance unquestionably influences global cryptocurrency markets, with bitcoin (BTC), the largest crypto asset by market capitalization, proving to be an excellent guide to the health of the crypto industry. The recent rise in inflation around the world, but especially in the US, sees a drop in the value of bitcoin as a global economic crisis looms during the second half of 2022.
While this is not good news for existing investors in the world’s leading cryptocurrency like BTC, excellent investment opportunities remain in exciting new crypto projects. One of the hottest new crypto projects out there metacadewhich saw an enthusiastic growth during its beta pre-sale phase, raising almost $1 million in just three weeks.
What is metacade?
metacade GameFi is the world’s first virtual gaming arcade that uses Web3 and blockchain technology to revolutionize the Metaverse industry. The platform will host the widest range of Play-to-Earn (P2E) games in the Metaverse and offer gamers the same level of fun and social interaction that they would find in the comfort of their gaming chair or in a real-life video arcade. couch.
The P2E element of the community is one of the many ways that users of the community benefit from the platform. Other revenue stream initiatives are:
- Compete2Earn – Earn by staking tokens and receive tournament prizes
- Create2Earn – Earn by interacting with the community and its members
- Work2Earn – Earn through searching new web3 roles in jobs board, launching in Q1 2024.
In addition to earning opportunities, Metacad is a platform that allows budding developers to earn their stripes by supporting them to learn game development and plans to become a self-sustaining and full-fledged DAO by Q4 2024.
how does metacade work
Unlike many GameFi platforms, metacade There is a diversified offering that extends beyond the P2E element. The native token for the platform is the MCADE coin, and there are several ways for MetaCADE to generate revenue.
Metacade’s revenue-generating facilities include a range of pay-to-play arcade games, just like the ones gamers expect to find in real-world video arcades. There are also advertisements on the platform, entry fees for prize draws and tournaments to compete in, and the Launchpad initiative, which allows outside companies to release games to Metacade for a price. These revenue streams provide money that flows into gamers’ wallets as they earn rewards.
The number of titles available on Metacad will continue to grow. This growth will be aided by the launch of the MetaGrants initiative from Q3 2023. Metagrants are a source of funding for developers to build games on the platform. Developers submit gaming proposals to be voted on by MCADE token holders, who determine the community’s favorite ideas. The winning developers will receive funding to help turn their proposals into reality. The first Metagrant-supported games arrive in the Metacode library in Q1 2024.
Other features in the pipeline include the launch of a job board in the first quarter of 2024 to promote the Work2Earn initiative. The board will offer a range of opportunities from internships with MetaCade-approved partners, short-term gig work, and full-time roles within the GameFi industry to help anyone get started with a genuine interest in working in Web3 development. Industry.
Meanwhile, Metacad’s transition into becoming a DAO begins in Q2 2023, with the process estimated to take 18 months before all key roles are assumed by community members. This autonomy is one of the leading lights of Metacade; This hands over control of the future direction of the platform to the most important members of the community.
Why might MCADE be on the rise?
The breadth of Metacad’s plans, found in greater detail in his white paperThis makes it an exciting prospect for investors hunting for new crypto projects. With so many other GameFi development options focused on a minimal range, it’s 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 opportunities to earn, whether through competitions, play, or creating social content to engage with the community. Furthermore, the constant addition of new games means that there is no danger of the platform becoming boring or stale as it will continually reinvent itself with regular releases of new and exciting titles. As a result, Metacad has solid project longevity.
Additionally, the community will finally have complete autonomy over how Metacad develops. Unlike more traditional gaming, the interests of gamers will always be at the heart of the platform’s development, where developers must balance that with providing shareholders with a return.
These plans place Metacad at the forefront of the blockchain gaming revolution.
How to buy MCADE tokens
The Metacad beta sale sold out in less than four weeks, making it one of the most lucrative new crypto projects currently in its pre-sale phase. The price will more than double once the ninth and final pre-sale round ends, raising the total market capitalization to $28 million.
Connecting with Metacade couldn’t be easier. Anyone with a Wallet Connect-supported crypto wallet can purchase the tokens on Metacad’s website.
You can buy MCADE with ETH (Ethereum) or USDT (Tether). To access the DEX, first connect your wallet to Metacade’s website, and then accept the option to buy MCADE with ETH or USDT.
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