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With so many crypto projects out there, it can be difficult for investors to identify which projects have the potential to make the biggest gains so that they can be added to a crypto investment strategy. The problem with investing in the most well-known projects is that they already have high market caps, reducing the chance of the mind-blowing price rises that getting in early enough can provide to savvy investors. This makes the big guys rarely the best crypto to buy now.
As a result of a tough year for crypto, many private investor groups are now looking to ensure that they are backing early-stage projects in sectors that are less likely to be affected by negative market fluctuations. Gaming fits the bill perfectly as an established, growing, recession-proof industry.
This is part of the reason why a new and disruptive project, Metacade, is attracting a great deal of attention throughout crypto investment circles. The project, still in its presale, looks well-positioned to change the way that gamers play and offers huge returns for MCADE holders in the process.
What is Metacade?
The Metacade team has recently released their whitepaper, which details Metacade’s plans to take on the challenge of building the largest play-to-earn (P2E) arcade in the metaverse. With the arcade at the center of the project supported by a host of other complementary features, the project looks set to shake up gaming by providing a cohesive and immersive experience for gamers to play and earn in one place.
One of the most exciting elements of Metacade is a comprehensive rewards system that acts throughout the ecosystem. Users are rewarded for playing games in the P2E arcade and across other features, such as through competing in competitive games and tournaments. They can also earn rewards just for helping grow and improve the ecosystem, with actions such as writing reviews for games and providing alpha to the community just some examples of contributions that earn rewards.
How does Metacade work?
The driving force behind Metacade’s inner workings is the MCADE token. The token is used across the platform and, most prominently, as the currency of the entire ecosystem. This means that for all access, as well as actions like buying merchandise or entering competitive gaming tournaments, MCADE is required.
MCADE can also be staked by token holders, allowing them to create a passive income stream. Staking MCADE is a powerful draw for many investors looking to maximize their returns, as it means that after they find the best crypto to buy now and do so, they can wait for their holdings to inevitably appreciate in price while the token is put to work securing the project and earning them additional income in the process.
Another much-lauded area of the platform is the innovative Metagrant program. It works by allowing talented game developers to propose their ideas for games to be developed to the community. The winners will receive funds distributed from the project treasury.
This extremely high level of token utility is a big reason that huge numbers of savvy investors include MCADE in their crypto investment strategy.
What price can MCADE reach?
Metacade has been drawing attention from many seasoned investors reviewing their holdings and ensuring they have a crypto investment strategy they are happy with. Aside from the project's high potential, another factor that plays a key role in the high value being assigned to the MCADE token is the project’s tokenomics.
With just 2 billion tokens in supply and no token inflation, investors know that the relative value of their tokens will be consistent over time. It also means that even if we forget forecasts of 100x growth in crypto over the coming years, even if the project reaches a conservative market cap of $10 billion, which Axie Infinity achieved in 2021, the token price would have seen an astronomical rise, to $5 for each MCADE. With the presale beta having started at $0.008, that represents a 625x increase in token price, making Metacade the best crypto to buy now.
Should Metacade be in my crypto investment strategy?
Metacade looks like it could be a once-in-a-lifetime investment for those smart enough to secure their holding at the discount prices available during the presale. With more and more experienced investors getting wind of the project, the opportunity to acquire MCADE at rock-bottom prices will not be open for much longer.
You can participate in the MCADE presale here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.
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