As The race for supremacy in the world of cryptocurrency continues, investors are always looking for the next big player to dominate the crypto market. Recently, a new platform called Metacade, has sparked a lot of interest online. It has all the potential to challenge the established cryptocurrencies.
One Of the well-known cryptocurrencies is Monero. It is renowned for its special design, specifically its privacy utility. The only limitation is its use of crypto currency as a store-of-value. On the other hand, Metacade is attached to a complete, self-sufficient platform that utilizes its utility token all the time.
In This article, we will compare the Metacade token to Monero and explore the unique characteristics of the coin. By examining its history, it will help you understand it better and take it to the next level.
What is Metacade?
First and foremost, we need to discuss Metacade to give context to the value of the Metacade token.
Designed to be a community-oriented platform, Metacade strives to bring together gamers, developers, crypto investors, and GameFi enthusiasts. At its core is the arcade concept and plans to extend its features to provide a one-stop environment for the promotion and growth of games. This includes the metaverse and b3.
Both gamers and developers have unique benefits on Metacade. Players are just limited to their controllers and can only play the game. Developers, on the other hand, have direct access to these end users, which can be used in several ways.
At the core of Metacade is its utility token, the Metacade. It is needed to use this mode of operation.
What are the uses of Metacade?
Being the currency of the platform that is used for everything related to Metacade, there are many planned uses for the Metacade token.
- Pay for 2 games of select titles using ArcadePay
- Entry fees for gaming tournaments that are held on the platform can be paid with payments
- Staking the token for passive income
- Rewards for interacting with the community by writing reviews/discussions
- Payments for GameFi development, tests, and Metagrants
- Internal transactions from advertising and merchandising
As the platform matures, more use cases are being developed. The community’s self-sufficiency and the game development team working together to create the game are two of its biggest strengths. This gives the Metacade token a unique advantage.
What is the main difference between Monero and Metacade?
Looking at the sustainability aspect of each option, Metacade is the clear winner.
Monero is a standard crypto, like Bitcoin or Ethereum. It is not backed by any specific project or development on its part. It is a good investment because it is dependent on the demand. There is no way to increase its value by improving its utility or performance. This makes it a more risky investment as it is at the absolute mercy of the market. Any news about Monero can have a huge impact on its value.
On the other hand, Metacade is an integrated component of a community-driven initiative with multiple practical uses. The presence of inherent support is the source of its power. Even after investing, there are still ways to increase its value. Features can be added to the platform by developers, either from the community or by contributing directly to Metacade’s potential outcome. This offers a level of influence on the future of the token. It is currently not available for purchase.
Is Metacade (MCADE) a good option?
We believe Metacade is a great opportunity due to the uniqueness of the concept and its focus on the issue. With the large number of use cases across the platform, coupled with the launch of the project in the rapidly growing crypto gaming space, we are confident that Metacade is heading in the right direction.
If gaming, cryptocurrency, and investing in b3 is something that interests you, we suggest that you keep an eye on Metacade. The pace of development is still moving forward. With its solid platform support, Metacade MCADE could be a great option for those who are ready to jump in.
You can purchase Monero here.
You can take part in the Metacade presale here.
