Cardano and Solana are two big names in the world of crypto today. Many have claimed that they even have the potential to ‘kill’ Ethereum, as they arrive on the scene with some unique capabilities supporting decentralized applications (DApps).
However, things have changed in recent times. A lot of investors now believe that Metacad, a project built on Ethereum, has huge long-term potential.
failed assassinations
Cardano and Solana were once called the ‘ETH killers’. Despite the hype, they’ve both struggled to tame what is by far the world’s largest Web3 ecosystem. Both chains can offer high transaction throughput and very cheap fees, so why have they failed in their attempt to topple Ethereum off its perch?
The 2 ecosystems themselves are home to many different projects. Additionally, they can offer NFTs as well as all forms of decentralized finance (DeFi) Services. The problem is that not many people want to use these services compared to projects based on Ethereum.
What is Solana (SOL)?
Solana (SOL) is touted as a next-generation, high-performance blockchain. The network enables developers to build decentralized applications that are scalable, secure, and efficient, using a proof-of-stake consensus mechanism to reduce energy costs and increase transaction speeds.
However, the network experienced regular failures during its first 2 years of being active. Between June 2021 and June 2022, the Solana blockchain Closed 7 times. Since blockchain is supposed to be available 24/7/365, this has caused many investors to lose faith in the ecosystem. For comparison, bitcoin has been running steadily for 9 years.
What is Cardano (ADA)?
Cardano (ADA) has a similar proposition to Solana, but has a better track record in terms of network flexibility. The main difference between Cardano and other networks is that it was the first blockchain to be developed through peer-reviewed research.
The ADA team is currently developing a new scalability solution for the network called hydra, When this update goes live, it is expected that Cardano will be able to process up to 1,000,000 transactions per second (TPS), a monumental improvement over Ethereum, even though ‘The Merge’ reduced the amount of ETH to 15 100,000 from TPS.
high promise, low demand
while both Solana and Cardano Seem Destined to ‘Flip’ Ethereum in terms of market cap, this prediction has been broad so far. For Cardano, currently there are only 70,000 active wallet addressesWhich is less than a tenth of the total of Ethereum.
DApps built on Ethereum have a unique advantage when it comes to user rates, as more people want to use the ecosystem. One project that looks poised to take advantage of Ethereum’s unifying advantages is Metacad.
Metacad: Huge User Capacity
Investors have started taking a deeper look into Metacad for several key reasons. The project is a new play-to-earn ecosystem that is community-centric in nature and offers some amazing benefits to the members.
As GameFi looks set to expand into the 3-billion-person market and conquer the gaming industry itself, projects like MetaCade are extremely well positioned to attract a large number of users. considering that metacade Rather than a single title being an entire gaming arcade, it looks more than likely.
community initiative
For players, it can often be difficult to obtain the latest (and most valuable) information in order to make the most of their blockchain-playing experience. MetaCade solves this problem by creating a hub for the gaming community to share all they know, including the latest game development and game technology.
On top of this, Metacade will reward users with MCADE tokens for sharing their knowledge with the community. The platform encourages strong relationships between players and gives them more opportunities to earn in the process.
owned by the players
Metacad has plans to become a Decentralized Autonomous Organization (DAO), which is another feature that looks set to attract a large number of users to the platform. MCADE holders can vote on how the platform will function in the future, as the Metacade platform gives more power to gamers with the aim of growing the gamify industry.
One of the major ways Metacade has helped grow the GameFi industry is through the MetaGrants program. Players can get together, vote, and decide which new P2E titles should be created in the future. After reviewing proposals submitted by talented development teams, the Metacad community can fund them directly to facilitate their creation.
SOL vs ADA vs MCADE: Here’s What Investors Are Thinking
Since Solana has fought to rise and stay Cardano is underdelivering In terms of its user base, no project has managed to ‘kill’ Ethereum. In fact, Ethereum has just completedthe merge‘ and now offers similar transaction throughput to its competitors. Since the ecosystem is quite large in terms of users, it has a huge competitive advantage.
Metacad, built on Ethereum, is well positioned for explosive growth. Not only can this provide some unique benefits to Ethereum users, but the platform also offers a range of play-to-earn games in its arcade. The MCADE token recently launched its pre-sale event, which means it has a lot of potential.
Projects like MetaCade may be the flagship projects that tie the wider industry together. It’s hugely attractive to gamers and investors, who are starting to think it might have a better future than major names like Solana and Cardano.
The MCADE token is being issued for only $0.008 in its initial round of investment. In the later stages of the pre-sale, it will increase to $0.02. If you’re reading this, you can get in on the action and reap some major benefits before the token goes publicly live later this year.
You can participate in the MCAD Presale Here,