As The world of Web3 gaming continues to grow, it’s become increasingly clear that many projects are vying for their place in the metaverse. Decentraland (MANA) was the first to access the virtual universe via the blockchain back in 2020. In 2021, the market for digital assets and NFTs exploded in value, and with it, Decentraland’s value increased dramatically. Now, The market is in a bear market and investors are now searching for projects that could lead the metaverse. Metacade was quickly added to that list, and just recently launched a pre-sale of its MCADE utility token.
What Is Metacade?
Metacade is creating a Web3.0 Hub for developers and gamers to collaborate. The project proposes to build the first ever community-run arcade on its way to becoming a leading Game-Fi destination. Metacade’s goal is to attract casual and serious gamers to the platform.
The roadmap will be reviewed and MetaGrants awarded to the most innovative game ideas. Players will also be able to test and review the games before acceptance. All votes from the community will be backed by staking the MCADE token, which will allow users to share in future revenues from the project.
What Are the Fundamental Characteristics of Decentraland?
Decentraland boasts proudly that it can “create, explore, and trade in the first virtual world owned by its users.” Decentraland’s MANA token can be traded on exchanges. It can also be exchanged for LAND tokens, which are the utility token. These can be used to buy virtual lands in the game. Once land is bought, it can be used for almost any purpose. Virtual Landowners host games, create casinos, and work together to build neighborhoods.
The metaverse is a fantastic opportunity and can be used to host all sorts of social events. Record labels and artists have shown interest in the area, and some of these events have already been held on a small scale. The underlying goal of the platform is to be community-owned and used for new creations in the metaverse.
Metacade Follows the Decentraland Model
Metacade is on the same track as Decentraland, a community-led initiative to improve the quality of life in the metaverse. The project aims to create a metaverse arcade for gamers and game developers who love to win. In the future, virtual worlds are expected to compete for traffic and monetization, which will increase land and token prices.
That is the beauty and the wonder of Metacade, as it will be a virtual arcade that offers a wide range of P2E games. Once the arcade has been built, players will be able to purchase land in popular virtual worlds. That creates a feedback loop in which more users equals better rewards and leads to more followers.
Why Consider Metacade?
The first reason to be involved with Metacade is the unique arcade concept and the possibility to host many P2E games under one roof. Gamers have become accustomed to games that focus on one theme, but with Blockchain, investors have the option to access the MCADE token, exclusive raffles and tournaments.
Conclusion
Decentraland was the first to enter the metaverse, and it is expected that this hot area of cryptocurrency will continue to grow in competition. The metaverse is still very young and has been hampered by the bear market in cryptocurrency. That is why new projects offer great opportunities to catch up. Metacade is well-placed for success in the future metaverse. Decentraland and Metacade are very similar in that they are both community-owned buildings. Going forward, Metacade offers the option to simply buy land and have your arcade located where a large number of users are already present.
You can participate in the Metacade presale here.
