Ethereum and Ethereum Classic are two of the most well-known projects in the crypto space. But if you are asking, “Should I invest in Ethereum or Ethereum Classic?” Then you might want to reconsider entirely. There’s a new project called Metacade that aims to dominate one of the fastest growing industries on the planet, and It has great potential to be a better crypto investment option than ETH or ETC,
This article is going to look at why you might want to hold off on Ethereum and Ethereum Classic and why you should start thinking about investing in Metacad while it is still in its pre-sale.
Ethereum (ETH) Drops After Merger, Faces Stiff Competition
Despite Ethereum’s position as the second most valuable crypto token on the market, its latest price action has disappointed investors following a recent downtrend. After Ethereum’s run to $2030 in mid-August, ETH has dropped to around the $1300 mark.
This was partly due to a case of “buy the rumor, sell the news” following the Ethereum merge on September 15, which saw ETH drop by more than -26% the following week. Less savvy investors assumed transaction speeds and fees would suddenly improve overnight, but this hasn’t happened Warned by Ethereum’s Developers,
While the benefits of Ethereum merges remain to be seen by the average user and with projects like Polygon and Solana already offering very low fees and fast speeds, it is increasingly likely that Ethereum will continue to test the $1100 region. will continue.
ETH Classic (ETC) lags behind its more successful sibling
Ethereum Classic is the original version of Ethereum, created after a section of the community elected not to change the core Ethereum code. One of the major differences between the two is that Ethereum Classic still uses the Proof-of-Work consensus mechanism, while Ethereum now uses Proof-of-Stake after the merge.
Like Ethereum, Ethereum Classic can handle smart contracts, allowing it to run DApps. But while there are over 4,000 dApps according to Ethereum dap statusEthereum Classic is just the foundation for 45 DApps, as stated on ethereum classic website,
Some view Ethereum Classic not as a smart contract platform, but as a store of value given its fixed supply. But while bitcoin serves the exact same purpose, it’s hard to pinpoint what value Ethereum Classic actually provides to investors.
What is Metacade (MCADE)?
metacade A platform that aims to be the one-stop solution for everything GameFi. This is the place for gamers to connect, play the latest Play2Earn games, and increase their income by doing what they love in a vibrant community setting.
In order to understand why Metacad could soon be your next best crypto investment, it is important to understand why you should consider investing in GameFi in the first place.
GameFi gives players the opportunity to earn while they play, which traditional gaming could never do.
The traditional gaming industry has shown that it is more interested in shareholder profit than the gamers who actually play its games, leading to many titles now featuring tedious elements of Pay2Win and microtransactions that extort money from players without fully giving back. take the value.
For this reason, GameFi is expected to grow at 10 times the rate of traditional gaming by 2025. crypto.com, With MetaCade establishing itself as the central hub for GameFi, its user base and therefore the MCADE token, it is expected to grow at an incredible rate as more players flock to join the gaming revolution.
Why is Metacade (MCADE) a better crypto investment?
Part of what makes MetaCade so special is its community-centered vision. MetaCade plans to build a platform where you’ll find reviews, leaderboards and writeups that enable anyone, regardless of background, to get started in Play2Earn gaming. MetaCade will also host the most popular GameFi alpha that will reveal how you can maximize your earnings while playing Play2Earn games.
Those posting these reviews and best practices will be rewarded with MCADE tokens for their role in helping others move forward. In fact, Metacad offers multiple ways to earn on its platform. There are regular prize draws and tournaments, as well as beta-testing opportunities to earn using Metacade’s native testing environment.
In 2024, Metacad will launch its job board, where you can find work ranging from casual gigs to internships and salaried positions with companies leading the way in Web3 innovation. If you’re looking to start a lifelong career in GameFi, Metacad may be your answer.
The most exciting feature that Metacad is adding is Metagrants. Metagrants are a way for gamers to take some power back from the billion-dollar game studio, allowing them to directly play the next Play2Earn title they want to play.
Game developers propose the games they want to make to the Metacode community who vote on which games they want to see. These competitions will include dozens of possible sports – but only with one winner which will receive the funding to help develop its games down the line, Metacadé plans to offer these community-supported titles to anyone to play in its Virtual Arcade.
Investing in Ethereum (ETH) or Ethereum Classic (ETC) vs Metacade (MCADE)
With Ethereum facing stiff competition and lack of demand for ETH after the merge, it is unlikely to be the best crypto investment right now. With regards to Ethereum Classic, it is hard to see a real use case outside of a purely speculative asset. Both tokens have their merits, but their future is uncertain at this point of time.
Compare this to MetaCade, a newly launched project that is poised to become a leader in a rapidly growing industry over the next few years. Its community-first approach to gaming and multiplicity of earning opportunities are likely to attract thousands, if not hundreds of thousands of users who are sick of the current state of the gaming industry. If Metacode can pull off its vision, it could soon become one of the best performing coins of 2023.
And there’s no better time than now to buy. As MetaCade is still only Pre-Sale Phase 1, you can pick up 125 MCADE tokens for $1. In the final phase of the pre-sale, Phase 8, you will only be able to buy 50 MCADE tokens for $1. If you want to be involved in the growth of the GameFi industry and Metacode as a leader in this industry, there is no time like the present.
You can participate in the Metaclone Pre-Sale Here,