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The online gaming sector has seen enormous growth in the past couple of years, projected to continue by up to 70% each year between now and 2027. This makes GameFi projects a seriously attractive crypto investment for those looking to find projects that will make good returns, particularly as bear market conditions continue to dog the crypto industry.
Metacade has emerged as the most tempting option for investors since it launched its presale event recently. Here’s why it could be one of the best crypto investments for the online gaming community.
What is Metacade?
Metacade is a brand-new blockchain-based platform that aims to revolutionize online gaming by offering GameFi enthusiasts the broadest range of play-to-earn (P2E) titles in the metaverse. Metacade seeks to build a community where online gaming fans can hang out with like-minded individuals while playing the best P2E titles and topping up their earnings with passive income.
As well as driving popularity in the GameFi sector, Metacade plans to provide the impetus to move the Web3 industry forward with its wide-ranging and innovative white paper outlining its intention to boost the sector by offering something for investors, players, developers, and Web3 innovators.
How does Metacade work?
Metacade’s fundamental offering provides casual and serious gaming opportunities for online gamers of all experience levels. Players can play against friends for personal pride or stake some of their MCADE tokens in online competitions against other enthusiasts while grabbing a share of lucrative prize pools. Whatever their persuasion, players stand to earn crypto rewards as they play.
Alongside the P2E facility, Metacade provides community users with a raft of additional streams from which they can earn passive income. Every time they contribute online content to the hub, they earn rewards through the platform’s Create2Earn scheme. This can include game reviews, alpha sharing, tips and assistance on hard-to-beat levels, and general social interactions via online forums and live chats.
Indeed, Metacade’s plans seek to incentivize members to take part in as much of the day-to-day functioning of the platform as possible through these reward initiatives, which also include the Compete2Earn program, which encourages staking, and the Work2Earn scheme, which launches in Q1 2024, providing members with the opportunity to develop their careers not just with Metacade, but with the wider Web3 industry.
Metacade: Changing online gaming for good
One of Metacade’s prized schemes is their ground-breaking Metagrants scheme, which launches in Q3 2023 and is aimed at encouraging Web3 innovation and bringing considerable benefits to their platform, including the hottest GameFi talent.
Developers can submit game proposals for a chance to win funding to build their P2E project. These submissions go into a pool before being voted on by MCADE’s community of coin holders. Games that players most want to experience will go into development and be launched on the platform. The first Metagrant-backed title will go live on Metacade in Q1 2024.
In short, Metagrants ties the hub’s Create2Earn and Work2Earn schemes together by rewarding developers for creating the best and most exciting new P2E games while helping the best crypto talent push their careers forward and driving innovation in the Web3 sector.
What makes Metacade different?
GameFi is growing at a startling rate, yet even with new platforms and titles springing up on an almost weekly basis, Metacade’s compelling offering still stands out. Most competitors rely on a single game or a small range of titles to attract gamers to their platforms. This produces enormous pressure for them to keep developing their games or rolling out new features to maintain user engagement.
Metacade’s platform differs by hosting a vast array of games, from classic arcade titles to brand-new experiences, meaning they offer something for everyone. From space shoot ‘em ups to PvP fighting duels, every gamer will find an experience to their liking.
Meanwhile, with the community at the heart of everything Metacade does, through allowing members full voting rights to the eventual complete transition to a fully-fledged, community-led DAO by Q4 of 2024. The more members interact and participate in Metacade, the richer the rewards. Metacade’s members are more than a commodity. They are the community.
MCADE: The best crypto investment for online gaming fans
The MCADE presale event represents the best crypto investment in online gaming today. After the token launch at $0.008 in the beta phase and subsequent price rises through the initial presale stages, the project has raised an incredible $4.9m within 10 weeks.
MCADE is currently available at 0.013$ and will rise to $0.02 when the presale event concludes. At this point, the token will hit decentralized exchanges, and analysts forecast that demand for the hottest new GameFi token will surge. With savvy presale investors likely to hold onto their coins as the project develops, expectations are that MCADE’s value will skyrocket, producing excellent gains.
Now is a good time for investors to get hold of MCADE, with price predictions suggesting $1 is achievable in 2023. This marks MCADE as one of the best crypto investments for online gaming enthusiasts to pursue.
You can participate in the Metacade presale here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.
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