Metacade’s new GameFi project has been one of the crypto market’s good news stories as the overall market emerges from the 2022 crypto winter. Bullish price increases led by Bitcoin’s return above $20,000 have led many crypto analysts to look forward to the next bull market. Metacade’s successful presale proves an excellent investment opportunity for traders looking to cash in fully.
As 2023 progresses, will Metacade’s token sales continue to capture the attention of crypto markets?
Will Web3 technology help Metacade attract new gamers?
GameFi, short for “Game Finance,” is a pioneering sector of Web3 that combines the world of gaming with the financial benefits available via blockchain technology. GameFi projects like Metacade, which provide gamers with a comprehensive and immersive platform, can also open up new revenue streams thanks to DeFi functionality.
Consequently, Metacade can enable its community of users to find sources of income from gaming, not just through the traditional GameFi play-to-earn (P2E) route but through additional channels. This could see enormous adoption among crypto game afficionados once the mainstream realizes the vast benefits.
Research from Crypto.com illustrates the enormous potential of the GameFi sector by predicting that crypto gaming could be worth more than $50 billion by 2025. This growth would outstrip traditional PC and console gaming ten times over the same period.
This enormous potential is one of the many reasons investors are incredibly excited about Metacade, making it a compelling investment opportunity for seasoned traders and newbies. Metacade’s project plan outlines a realistic strategy for the platform to become a leading player in the GameFi sector through its immersive gaming experience and potential three billion-strong audience and by driving innovation in the broader blockchain gaming arena.
Can MCADE hit $1 in 2023?
Metacade’s native MCADE token is crucial to the ecosystem’s functionality. Because of this, MCADE’s price will increase as demand increases along with the number of users.
Much of this coin’s popularity is driven by its clever investor-friendly design. With a total supply of just 2 billion tokens, MCADE has outstanding inbuilt utility, excellent tokenomics, and a staking option that allows users to establish a passive income stream from their holdings.
With several ongoing technical releases over the next couple of years and a well-thought-out aggressive marketing plan throughout 2023, analysts believe that MCADE could reach $1 by the end of 2023. The low token supply could easily give the project an achievable market cap of $2 billion.
What is Metacade?
Metacade aims to transfer the world of video gaming with its Ethereum-hosted virtual video arcade that allows users to earn passive income as they indulge their passion. This expansive approach will bring together gaming enthusiasts and crypto fans in one hub, with everyone able to gain rewards through several routes while enjoying blockchain gaming’s most extensive library of titles. This is setting up Metacade for colossal success.
Alongside the platform’s unrivaled P2E mechanics are the Create2Earn scheme, which intends to provide crypto rewards for users each time they post social content to the hub. These can be game reviews, sharing alpha, and contributions to Reddit-style forums and live chats. Meanwhile, the token staking protocol is part of the Compete2Earn scheme, through which users stake their MCADE holdings in return for entry into online tournaments and prize draws.
Among the top features Metacade will bring to the crypto market is the ground-breaking Metagrants scheme. Developers are incentivized to get the freshest new blockchain gaming titles exclusively to Metacade by applying for crypto funding to support their ventures. Each application is pooled and presented to the MCADE community, who vote for their favorite ideas that go into production.
How will MCADE be utilized?
In the Metacade ecosystem, MCADE is the utility token that is used to exchange value for play-to-play titles and merchandise. Due to the token’s uses, the value is expected to rise as the demand for the limited supply increases.
In addition, Metacade’s transition toward becoming a fully-fledged decentralized autonomous organization will see MCADE become a governance token, providing its holders with full governance voting rights to determine the platform’s future direction and ensure that the hub continues to have the most important people at the heart of all decisions, the MCADE community.
Early investors have been reassured that Metacade has submitted its coding and team identification for the rigorous CertiK audit, which was recently approved. Investors can pick up MCADE tokens during the presale safely, knowing that any flaws in the platform’s coding have been picked up and resolved and that the team’s identity is fully verified.
Metacade could be a superb investment opportunity
The MCADE presale recently launched at $0.008 per token. The current token price of $0.02 is available for a limited time during the final stage of the presale, meaning that investors wanting to maximize their returns as crypto market conditions might be wise to get involved now to avoid disappointment.
With the backing of a rock-solid project plan, superbly inbuilt utility, and excellent tokenomics, it’s easy to see why experts are backing Metacade to take the crypto market by storm as the best investment opportunity to consider in 2023.
You can participate in the Metacade final stage presale here.