GameFi, or “gaming finance,” is a new and exciting area of innovation within the blockchain gaming space. One of the most talked about projects recently is Metacade, which combines gaming with decentralized finance (DeFi) to create a new type of gaming experience that allows gamers to earn crypto while playing games. This creates a new revenue opportunity for gamers and investors alike.
The global gaming industry is expected to be worth up to $250 billion by 2025, and the GameFi market is just starting out. This makes it a great opportunity for companies like Metacade to capitalize on the growth potential of the sector. However, the uncertainty surrounding crypto regulation still lingers, and investors are waiting to see if more explicit regulations could benefit projects such as Metacade.
What can we expect from Metacade?
Metacade is a play-to-earn (P2E) gaming arcade built on blockchain. It will offer various games across various genres with integrated earning potential for users. The platform’s unique offering includes several earning mechanisms, such as competitive gaming, job opportunities, and rewards for content creators. These features are expected to foster a high level of user retention.
The MCADE token powers the rewards system and is the platform’s currency. It is also used as a staking asset — although currently fully subscribed — allowing investors to earn a passive yield and vote in governance proposals. The Metagrants program also provides early-stage funding to promising new game developments on the blockchain, helping to support developers during their early stages.
What can investors expect?
Metacade’s presale saw the price of MCADE rise from $0.008 to $0.022 over its quickly sold-out phases, and many believe there is a tremendous amount of growth still to come. With its upcoming exchange listings and growing gaming community, Metacade could become a leading name in the GameFi space and benefit from any forthcoming regulatory transparency.
Investors can purchase MCADE on UniSwap and Bitmart, with the MEXC listing adding a further exchange option in May. With the project’s unique features and growth potential, MCADE could be a worthwhile investment for those looking to diversify their portfolio ahead of improved crypto regulation.
You can learn more about how to buy Metacade here.