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Home News Crypto

Metacade Raised $1.6M in Their First 6 Weeks

January 11, 2023
in Crypto
Reading Time: 4 mins read

With a lot of attention during the pre-sale phase, the Metaverse project could quickly become a hot topic among cryptocurrency fans. This early interest often indicates that the project will be a sound long-term investment. Metacade is one of the hottest new metaverse projects after selling out the beta phase in just 3 weeks.

Metacade has already raised over $1 million, Early investors looking for immediate returns are flocking to exciting new metaverse projects.

Metacade is bucking the bearish crypto market trend

2022 has undoubtedly been a tough year for the cryptocurrency market as a whole. The values of many established coins have fallen dramatically, often hitting all-time lows. With the collapse of his FTX, the world’s second largest cryptocurrency exchange, there is still something fresh in the minds of investors, and many are hesitant to put bad money into it.

However, many experts believe that the current bearish situation may end soon and a bullish market may be on the horizon. Metacade is a prime candidate to take full advantage of this energy shift and is already delivering returns despite the current bear market. Metacade has already sold $1.6 million in tokens in the presale, and investors continue to support this massive online arcade.

What is Metacade?

Metacade is a new metaverse project that utilizes blockchain and Web3 technology to generate the world’s largest virtual gaming arcade. The platform will host the widest range of Play-to-Earn (P2E) game titles available anywhere in the Metaverse, attracting everyone from casual gamers looking to hang out with friends to serious tournament savvy players. .

of the platform white paper Learn more about the future direction of the hub. Metacade’s plans include the groundbreaking his Metagrants system, which will facilitate the development of new games, and the launch of his Web3 career his hub from the first quarter of 2024. This will match his exciting Web3 employment opportunities with the best new talent.

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Why is Metacade one of the best new metaverse projects?

Metacade’s appeal lies in its diverse and multi-layered offering, which provides a platform that goes far beyond the traditional blockchain P2E model that tends to rely on one title to attract gamers. Instead, Metacade’s platform continually evolves with the regular release of exciting new titles, attracting existing users as well as a consistent stream of new gamers to the hub.

Beyond the platform’s P2E potential, the reasoning behind Metacade’s claim to be one of the best new metaverse projects becomes even more apparent.

In addition to P2E games, community members can take advantage of other revenue streams through simple social interactions with the hub. These opportunities give developers feedback while writing reviews, sharing game knowledge, and beta testing new titles.

Metacade’s ultimate goal is to become a full-fledged DAO. Community members retain all leading positions, including holding keys to the platform’s multi-signature treasury wallet. This transition will begin in his second quarter of 2023 and will end in the fourth quarter of 2024. By then, multiple revenue streams will ensure platform self-sufficiency.

This funding stream will come from existing Metacade users and external sources. Internally, community members can stake his MCADE tokens to enter tournaments, participate in prize draws, and play paid titles on the platform.

In addition, Metacade will raise funds by selling advertising space on its platform to interested companies. Web3 companies will have the opportunity to pay to advertise on job boards starting in the first quarter of 2024. This fund will help cover the money paid for P2E. Serves as the source for Metacade’s innovative Metagrants initiative.

To support the development of new titles exclusively for Metacade’s platform, game developers can submit new game proposals for voting by MCADE token holders in the community. Developers who submit games that win the popular vote will receive development funding through Metagrant. This Metagrant scheme ensures that only the games players want to see hit the platform’s virtual shelf. The first of his Metagrants will be allocated in the third quarter of 2023, and the first Metagrant-funded title will be released in the first quarter of his 2024.

Is Metacade a safe investment?

Metacade has submitted the specification, roadmap and team for audit to CertiK, one of the most trusted blockchain project auditors. CertiK verifies that the platform’s code works as intended and exposes potential risks. Metacade’s team is also extensively interviewed and audited by CertiK.

Security is also an important part of the Metacade community. Their multi-signature wallet treasury ensures that transactions only take place with the approval of multiple key holders. Additionally, the community is further relieved knowing that Metacade has no visibility or access to users’ wallets.

Is MCADE Worth Buying?

Metacade’s extensive project roadmap to serve the growing online gaming community and commitment to releasing new and popular games on a regular basis make Metacade one of the best Metaverse project investments for 2023. A tiered plan for development and transition to full community-driven ownership by the end of 2024.

Metacade looks set to be one of the best metaverse projects of 2023. Additionally, Metacade’s current presale price of $0.01 in its first presale round appears to be undervalued compared to other available GameFi tokens.

Metacade’s future as a major GameFi player over the next few years could see the value of the MCADE token skyrocket, with huge profits to be made between now and the end of the eventual pre-sale phase.

You can participate in the MCADE presale here.

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