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Market bearish times are usually when the latest crypto billionaires are born. People are starting to speculate and try to figure out which cryptocurrency will head to the moon next. In this article, we will discuss uncovering two tokens with very high growth potential.
Polygon (MATIC) and Metacade (MCADE) each have the potential to propel the GameFi sector forward. At the moment, both tokens are priced very low and promise meteoric growth. In this article, we discuss Metacade and Polygon price predictions and show you exactly why these projects are so valuable to his GameFi revolution.
Polygon (MATIC) (formerly Matic Network) is a decentralized platform that enables instant, secure and trustless deployment of Ethereum-based smart contracts. The network achieves this by utilizing a pioneering technology called Plasma, bridging transactions between the mainchain and sidechains, while grouping users his transactions.this Offloading Ethereum’s base layer 1 Allowing Polygon to provide more scalable solutions to blockchain problems.
Polygon aims to build an ecosystem of protocols, developer tools, and services that enable quick and easy deployment of Ethereum-based assets for decentralized applications (dApps). The network is becoming the go-to platform for deploying Ethereum-based dApps that can scale to other parts of the industry. This has been a big problem since the inception of Ethereum, as the blockchain was widely criticized for being slow and expensive despite its useful properties.
Matic Network was founded in 2017 by three individuals Jaynti Kanani, Ankit Aggarwal and Sandeep Nailwal. The team is based in India and envisions a future where the internet can be powered by frictionless applications on blockchain. In the past, scalability and usability issues hindered the path to widespread adoption, but today networks like Polygon offer technical solutions to improve speed, cost, and overall user experience. doing.
Polygon has a maximum supply of 10,000,000,000 MATIC, with over 87% of that total currently in circulation. The current price per MATIC is $0.93, with a circulating supply of 8,734,317,475 and a network market cap of $8.1 billion. It’s not a small change.
MATIC is used to secure blockchains by rewarding validators as they process transactions on the network. It is also used as a medium of exchange, and all transaction fees on the Polygon blockchain are denominated in his MATIC.
Polygon continues to improve the network and is committed to making it the most usable Layer 2 solution for Ethereum. Earlier this year, the team released a new blockchain update to improve compatibility with the Ethereum merge. It also includes notable enhancements to the Polygon chain itself. This update, dubbed the “London Hard Fork”, was a system-level upgrade designed to improve scalability and security.
Polygon’s london hard fork We updated Polygon’s consensus algorithm to involve more stakeholders in block generation, while increasing the use of Polygon’s zero-knowledge proof protocol, zk-SNARK. These changes are widely believed to be highly beneficial in the long run, making the network more secure, scalable, and able to support the growing number of blockchain users.
Blockchain users grew 59-fold between 2016 and 2021, from less than 5 million to almost 300 million. The level of innovation in this area has grown accordingly, with entirely new applications of blockchain technology, such as non-fungible tokens (NFTs) and play-to-earn games, becoming key advancement areas during this time. increase.
Since Polygon is built on Layer 1 of Ethereum, it benefits from a high level of security and can offer a much improved user experience with a Layer 2 solution. As the blockchain industry continues to grow, Polygon can play a key role in supporting this expansion. As a result, looking at Polygon’s price forecast, we can see that the MATIC token could be an excellent long-term investment as it means the network’s inherent properties are expected to grow exponentially. .
The gaming industry is one of the world’s most prolific and beloved industries. It was worth $120 billion in 2019 and is expected to grow in the coming years. With the advent of blockchain technology, a new subgenre of games has emerged: games that you earn by playing.
Play-to-earn games provide players with economic incentives in the form of rewards. These rewards can be digital assets, cryptocurrencies and even fiat currencies. Blockchain technology is used to power these games at their core. A fully functioning in-game economy is used to buy, sell, and ultimately monetize in-game assets. As a result, players will be able to earn rewards with real-world value outside of the game.
Blockchain provides a trustless environment for executing these transactions without the need for a centralized third party. A blockchain is a digital ledger that records incoming and outgoing transactions in a retroactive and irrefutable manner. This is very useful for the GameFi platform as the blockchain automatically records player interactions, generates liquidity through in-game transactions and rewards all users.
Gaming is getting more and more exciting every year with the onset of the virtual reality Metaverse combined with a blockchain-based economy. provide a way.
Open worlds have been mainstream in gaming for years, and brand new metaverse-based games are able to take this capability to new extremes. The blockchain-based metaverse will draw players into new worlds, provide sensational user experiences, and even provide financial rewards. This combination of innovative technologies has made GameFi a realm of progress that seems to conquer the wider world of gaming over time.
Polygon’s innovative scalability solution for the Ethereum blockchain will directly help drive the expansion of this technology. An example of a dApp that makes the most of all these technological solutions is Metacade, with many investors claiming that GameFi is on a similar trajectory to Polygon as it approaches mass adoption. I’m here.
Metacade is a dApp that aims to promote GameFi in many ways. Built on Ethereum, the project is building the world’s largest blockchain-based arcade, where he hosts a wide variety of Play-to-Earn games in one central location. Metacade aims to become a hub for cryptocurrencies, GameFi and Web3, attracting a huge community of people passionate about the future of blockchain-based gaming.
Metacade also helps players access new and innovative ways to earn crypto tokens. In addition to earning his MCADE as token rewards while progressing through arcade game levels, players can gather with other community his members and share their knowledge on the latest advancements in the blockchain gaming sector. Our community is made up of avid blockchain gamers who share valuable information that directly impacts your ability to earn money in the crypto world.
Metacade rewards players for contributing to the community with MCADE. This coin will also be used to connect players to employment opportunities in the GameFi universe. Game developers often seek out enthusiastic players to test their latest titles before they are officially released, so Metacade has created special jobs on the platform that can connect players to these opportunities. I am developing a board. By playing games, sharing experiences and testing new games before they hit the market, players will gain unprecedented access to earning opportunities on her Metacade platform.
In total, there are 2,000,000,000 MCADE tokens. 70% of this supply has been released for the MCADE pre-sale, offering early investors a unique opportunity to make significant returns before the token officially launches on exchanges.
MCADE tokens are used for rewards and can be wagered on the Metacade platform for passive yield. With so many earning opportunities available on the platform and a naturally deflationary tokenonomics design, MCADE has been a top token for many years and looks set to skyrocket in value.
As GameFi continues to expand, in terms of its technical capabilities, or in terms of scope and scale, dApps Metacade building games could become one of the biggest titles in the space over time. With the largest on-chain arcade and extensive revenue opportunities for players, the platform could attract thousands, if not millions, of users in the coming years.
As more people join the ecosystem to access the benefits Metacade offers, the price of the MCADE native token will inevitably rise. This is due to the tokenonomic design of deflation. A fixed supply and increasing demand equates to an increase in price. At the moment, the project is still in the early stages of development as the token pre-sale has just started. This gives early adopters a big advantage in the long run. As such, many cryptocurrency investors are eager to participate from the outset.
Polygon and Metacade look set to fuel GameFi’s expansion. Blockchain is changing the gaming world with its unique capabilities. Because players have more power over their experience and get real financial rewards while enjoying new titles.
Over time, the Polygon network will allow Web3 users to reach even higher levels. There are already hundreds of millions of people using blockchain services on a regular basis, and with Polygon we can increase this number by an order of magnitude. Tokens are currently under $1, a very low number for the amount of value provided by the ecosystem. Once the broader market starts to recover, investors believe that Polygon is the token to buy if prices are this good as he expects Polygon to hit $40 or more. increase.
Metacade is a project that has the potential to bring even higher returns than MATIC as the token pre-sale has just started. Usually, most tokens do not return to these low prices after inevitably hitting the stratosphere.MCADE will be giving all crypto investors a boost by releasing 70% of the total supply during this event. It provided a rare opportunity to profit.
The early move looks very promising and many in the crypto space are eager to join. As of now, MCADE is worth just $0.008 per token. This amount will surely rise to $0.02 by the end of the presale, after which the token will be released to the public. Some predict that the price could be 50-100 times higher by the time the next bull market starts.
You can participate in the MCADE presale Here.
