As 2022 has been a turbulent year for the cryptocurrency market, many savvy investors are already scanning the market for the potential of huge returns in 2023. Although the DeFi sector has seen its fair share of ups and downs, one particular area is beginning to make waves and giving a glimpse of what the future may hold: GameFi.
One particular project has been gaining a lot of attention due to its revolutionary Web3-based gaming platform, and investors interested in gaming crypto projects are keeping an eye on it. We are talking about Metacade.
The pre-sale for Metacade has already begun and is proving to be a resounding success, having already raised $3.2 million in under nine weeks. Investors are scrambling for a piece of the pie, looking to secure a substantial return on their investment.
Can Metacade Make You Rich?
Industry experts believe that gaming is one of the industries that will be most affected by blockchain technology. Already, some of the world’s biggest names in gaming are feeling the impact of this. Metacade appears to have a deep understanding of the gaming market and has the potential to cause a disruption.
The pre-sale is now in its second stage and has attracted a significant number of private investors. Those looking for gaming crypto projects can see the potential of Metacade’s project and its accompanying white paper.
The MCADE token, which is the native currency of Metacade, is currently priced at $0.008 in the pre-sale and will increase through nine stages to $0.02. Expert investors believe that the value of the token will rise significantly once the pre-sale is completed.
How High Can MCADE Go?
GameFi, the intersection of gaming and finance powered by Web3 technology, is set to experience an exponential growth over the next couple of years, with a compound annual rate of growth of over 30%. This will bring an influx of users to the platform.
With the MCADE token being such a major part of the Metacade platform, the token’s value will likely rise in line with increased usage of the platform. 2021 was a good year for some gaming crypto projects, with Axie Infinity (AXS) and Decentraland (MANA) gaining a lot of attention. The total market capitalization of these projects was $10 billion.
If Metacade reaches a similar market cap, the total value of the Web3 platform could double, and the MCADE token could rise to an impressive $10. This would be a massive return on investment for those who purchased MCADE at a discounted price in the pre-sale.
What is Metacade?
Metacade is focussed on building an incredible gaming community, with its main focus being its groundbreaking play-to-win arcade (P2E), where gamers can make money playing their favorite games.
The platform also offers tournaments and competitions with substantial rewards and rewards users with MCADE tokens for their community contributions. This ensures that everyone has an incentive to help the ecosystem grow.
Holders of MCADE will also be able to earn passive income from the platform, thus supporting the project in the process.
How Does Metacade Work?
The primary focus of the platform is its P2E arcade, which is supplemented by the rewards system. This ensures that everyone who contributes to the platform is rewarded for their efforts, helping the platform to grow.
Metacade is a self-sustaining project, with multiple revenue sources such as advertising on the platform and a launchpad for developers to launch their games. This puts the project in a strong position for future growth.
The Metagrants initiative is also an exciting area for Metacade. This allows experienced game developers to showcase their game ideas directly to the community, with MCADE holders voting to decide which games will be funded. This helps ensure that the Metacade arcade is always stocked with the most popular games, further driving the growth of the community and the value of MCADE.
Is Metacade Worth It?
MCADE tokens are being snapped up in the pre-sale. With GameFi set for huge growth and a compelling vision, it is of little surprise that the Metacade ecosystem is important. One of the best gaming crypto projects is up for grabs and those who purchase MCADE at pre-sale prices are likely to have a very successful 2023.
You can take part in the Metacade presale here.