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London, United Kingdom, 8 December 2022, Chainwire
Metacadethe first-ever community-developed Play-to-Earn (P2E) blockchain arcade, has announced the launch of its highly anticipated $MCADE token presale.
Metacade’s native utility token sale has grossed a staggering over $670,000 in less than two weeks, with over 60% sold out during the beta sale phase.
$MCADE can be purchased officially Metacade website.
Positioning itself as the Web3 community hub, this games-first platform is set to attract gamers, investors and entrepreneurs alike by offering multiple ways to earn, play and connect. I’m here. This seems like a central hangout for anyone interested in GameFi and the Metaverse.
To ensure investor confidence, $MCADE is audited by leading blockchain audit firm CertiK, a security-focused platform that analyzes and monitors blockchain protocols and DeFi projects. Verified and approved by CertiK means the code behind Metacade is highly secure and vetted for weaknesses.
Metacade harnesses the power of Web3 to take blockchain gaming to the next level. This project is more than just playing and earning, it’s a place to discover trending games, view leaderboards, publish game reviews, and access the hottest, most cutting edge his GameFi alphas. Offers.
Russell Bennet, Head of Product at Metacade, said:
Metacade is committed not only to improving the existing P2E and Metaverse worlds, but also to fostering the future of the field. A feature of this project is Metagrants. This is the source of funding given to game developers to bring new games to his Metacade. The Metacade community votes on which projects to fund to bring their collective vision to life on the platform. The first game developed using his Metagrant is expected to be released in 2024.
By the end of 2024, the project will turn into a DAO, handing over primary roles and responsibilities to the Metacade community, making it a fully community-staffed business. We aim to accomplish this by rolling out Play2Earn, Create2Earn, and Work2Earn capabilities, and each of these initiatives will give us more control over our projects over the next few years.
Reflecting on the core spirit of Metacade, Russell said:
$MCADE has a fixed supply of 2 billion $MCADE tokens. 70% of these (1.4 billion $MCADE tokens) will be available during the token pre-sale event. The remaining 30% will be used for exchange listings during development, providing liquidity and funding competitive pools.
$MCADE is a utility and governance token that powers projects. It plays an important role in the functionality of the platform, as owners can use it to vote on the future direction of the project and suggestions for new games. This will be your primary tool for interacting with the Metacade ecosystem. Owners can use it to participate in tournaments and exclusive prize draws, purchase merchandise, and do many other things as the platform develops.
Token holders have many opportunities to earn rewards through the project. $MCADE holders can earn income from activities such as posting content, reviewing and testing games, and general engagement within the ecosystem. $MCADE holders can also stake their tokens into the liquidity pool and earn rewards and APY based on the amount wagered. Staking rewards are paid out in stablecoin amounts instead of $MCADE to protect the value of the funds from inflation and price fluctuations.
To further promote the token’s deflationary attributes, Metacade plans to introduce a burn mechanism or buyback scheme. Token burns help the ecosystem permanently erase a certain percentage of supply, thereby lowering overall supply and increasing the value of $MCADE in the long run.
Immediately after the $MCADE presale is completed, Metacade will roll out the website and build the founding team. Our goal for Q1 2023 is to list Uniswap’s $MCADE token and the top 5 centralized exchanges along with popular crypto aggregators. With an ambitious road map, Metacade is on track to revolutionize the way traditional community hubs are owned and operated.
The Metacade Beta Sale currently has $670,000 worth of tokens on sale in less than two weeks, with less than 40% remaining at launch.
To purchase $MCADE, Metacade.co Join the presale now.
GameFi is one of Web3’s hottest promising sectors, creating a virtual gaming ecosystem that relies on the use of cryptocurrencies, non-fungible tokens (NFTs), and blockchain technology. At the core of the GameFi ecosystem is the Play-to-Earn (P2E) gaming model. Unlike traditional paid models, P2E allows gamers to earn financial rewards for participating in challenges and tasks.
Metacade is the premier destination for gaming in the Metaverse. As the first community on Web3 where gamers can hang out, share gaming knowledge and play his P2E games dedicated to his arcade. The platform offers users multiple ways to generate income, build a career on Web3, and connect with the wider gaming community.
Metacade will be a one-stop destination for users to play, earn and network with other avid gamers around the world. Once the project reaches the end of its roadmap, Metacade will be handed over to the community as a full fledged DAO. After all, Metacade wants you to help shape the GameFi world of tomorrow.
Head of Product, Russell Bennett, Metacade, [emailprotected]
