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Home News Crypto

Bitcoin (BTC) Price Slides as Inflation Is Going Up

December 30, 2022
in Crypto
Reading Time: 5 mins read

Real-world economic performance, along with Bitcoin (BTC), the largest crypto asset by market capitalization, undeniably influences the global cryptocurrency market and proves an excellent guide to the health of the crypto industry. . Bitcoin’s value fell in late 2022 as the global economic crisis took hold due to the recent rise in inflation worldwide, especially in the United States.

While this is not great news for existing investors in some of the world’s leading cryptocurrencies such as BTC, it remains an excellent investment opportunity for exciting new crypto projects. One of the most attractive new crypto projects is Metacadegarnered enthusiastic support during its beta pre-sale, raising nearly $1 million in just three weeks.

What is Metacade?

Metacade is the world’s first virtual game arcade using Web3 and blockchain technology to revolutionize the GameFi metaverse industry. The platform will host the broadest range of Play-to-Earn (P2E) games in the Metaverse, offering gamers the same level of fun and social interaction they would experience visiting a physical video arcade from the comfort of their gaming chairs. sofa.

The P2E element of the community is one of several ways community users can benefit from the platform. Initiatives for other revenue streams include:

  • Compete2Earn Earned by staking tokens and earning tournament rewards
  • Create2Earn Earn by interacting with the community and its members
  • Work2Earn Earn money by finding new Web3 roles on job boards starting Q1 2024.

In addition to earning opportunities, Metacade is a platform where budding developers can qualify by helping them learn game development, and will become a fully self-sufficient DAO by Q4 2024. are planning

How Metacade Works

Unlike many GameFi platforms, Metacade has a diverse range of products beyond the P2E element. The platform’s native token is the MCADE coin, and there are several ways Metacade generates revenue.

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Metacade’s revenue-generating features include a variety of paid arcade games, just like what gamers would expect from a real-world video arcade. There are also ads on the platform, entry fees for prize draws and tournaments, and a launchpad initiative that allows outside companies to release games on his Metacade for a fee. These revenue streams provide funds that flow into gamers’ wallets as they earn rewards.

The number of titles available on Metacade continues to grow. This growth will be fueled by the introduction of the Metagrants initiative from Q3 2023. Metagrant is a source of funding for developers to build games on the platform. The developer submits game suggestions, which are then voted on by her MCADE token holders who determine the community’s favorite idea. The winning developer will receive funding to bring their proposal to life. The first Metagrant-backed game is coming to the Metacade library in Q1 2024.

Other features in the pipeline include the introduction of job boards in Q1 2024 to boost the Work2Earn initiative. The Board offers a wide range of opportunities with Metacade-approved partners, including internships, short-term gig work, and full-time roles in the GameFi industry, for anyone with a genuine interest in working on Web3 development. and help you get started with development. industry.

Meanwhile, Metacade’s transition to DAO is estimated to begin in Q2 2023 and take 18 months for community members to assume all key roles. This autonomy is one of the main lights of Metacade. Pass control over the future direction of the platform to the most important community members.

Why might MCADE explode?

The breadth of Metacade’s plans. white paper, making it an exciting prospect for investors looking for new crypto projects. It’s just a passing fad with many other GameFi developments focused on minimalist options.

Metacade’s products do not fall into that trap. The range of games on offer continues to expand, offering additional opportunities to earn through competition, play, or creating social content that engages with the community. , which means the platform is at no risk of becoming boring or outdated, as new and exciting titles are released regularly and continuously reinvented. As a result, Metacade is committed to project longevity.

Additionally, the community will ultimately have complete autonomy over how Metacade is developed. Gamer interests will forever be at the center of the platform’s development, unlike traditional games where developers must balance providing benefits to shareholders.

These plans position Metacade at the forefront of the blockchain gaming revolution.

How to buy MCADE tokens

Metacade’s beta sale sold out in less than four weeks, making it one of the most compelling new crypto projects currently in presale. After the ninth and final presale round, the price will more than double, bringing the total market capitalization to $28 million.

Joining Metacade couldn’t be easier. Tokens can be purchased on his Metacade website by anyone with a Wallet Connect-enabled crypto wallet.

You can buy MCADE with ETH (Ethereum) or USDT (Tether). First, connect your wallet to the Metacade website to access DEX and accept the option to buy MCADE with ETH or USDT.

You can buy BTC on eToro Here.

You can participate in the Metacade presale Here.


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