The Metacade community is eagerly awaiting the launch of the highly anticipated Metacade Lite. This anticipation is reflected in the MCADE price which has increased 5.44% in the past 24 hours and is currently trading at $0.02229.
The Metacade team has made significant progress in the first quarter of 2023, meeting all the milestones set in their roadmap. They are now focussing on the launch of the Create2Earn platform which will allow users to experience the innovative play-to-earn (P2E) gaming that Metacade provides.
What is Metacade? It is a blockchain gaming platform that plans to become the world’s largest Web3 gaming arcade. It will offer gamers, investors and developers access to a decentralised gaming hub, with a wide selection of P2E arcade games and multiple earning mechanisms. The platform also has its own utility ERC-20 token, the MCADE token, which is used to pay rewards, stake and access DeFi. In the future, MCADE holders will also have voting rights on governance proposals.
The crypto markets may be entering a new bullish cycle and MCADE could be leading the charge within the GameFi and Web3 ecosystems. This is aided by the progress made by projects such as Axie Infinity, which has recently been released on the Apple App Store, and the commitment of Japan-based gaming giant Square Enix to blockchain and Web3 gaming. Metacade is also incentivising developers through its Metagrants programme.
The current Bull Run could be sustained, with the MCADE price possibly reaching $0.045 by the end of the month. This is dependent on the easing of the macro headwinds, such as inflation, to help the crypto market grow. Jamie Douglas of Bloomberg Intelligence also recently proposed that Bitcoin price could reach $18,000 if only 1% of the global bond market value moved to Bitcoin.