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The cryptocurrency market has experienced a painful bear market, but investors are looking for the best projects to lead the next bull market.A new project called Metacade Leverage the Meme Token Power of Play to Win (P2E) Games and the Metaverse The project’s MCADE utility token could be a great opportunity for crypto investors.
Metacade will be a brand new Web3 community where gamers and crypto enthusiasts can meet, communicate and collaborate on the best Metaverse games. The project seeks to build a fun and dynamic meeting place where game enthusiasts can indulge in the latest her GameFi trends and earn rewards. One of Metacade’s main goals is to: The world’s first community-driven play-to-earn arcade And it is well suited to be a strong competitor for the top memecoins.
Users can see trending games, view leaderboards, write reviews, and participate in governance polls on the best upcoming games in the field. Native Metacade Token (MCADE) is used for prize draws, exclusive gaming tournaments, and reward staking.
A utility token is a cryptocurrency token created to serve a specific use case within a project’s ecosystem. These tokens allow users to perform specific actions on the network. Utility Tokens are not minable cryptocurrencies as they are pre-mined and distributed in a manner chosen by the founding team. For Metacade, these coins can be staked to support the development of projects.
One of the benefits of supporting the Metacade community through staking the MCADE token is receiving a portion of the revenue generated from the project. These earnings will be paid out in a stable amount instead of MCADE tokens to keep the number of tokens in circulation from bloating.
As token utility and revenue streams are created, a token burn mechanism or buyback will occur, reducing the total number of coins in circulation over time. The total fixed supply at launch will be 2 billion MCADE, of which 1.4 billion tokens will be available during the presale.
The Metacade project will launch a token pre-sale in November 2022. On the road to Q1 2023, there will be a lot of focus on marketing the project to grow the community that is vital to the project’s growth. MCADE will also be listed on Uniswap, which is important for coins seeking memecoin status.
The create2earn, play2earn and compete2earn GameFi models will be fully developed in late 2023. The project keeps the platform fresh with a slew of community-tested third-party games, but also distributes grants to developers with the best metaverse game ideas to bring further content.Axie As we saw with Infinity, just one game can explode in attention and proliferate native tokens.
Metacade aims to bring the best blockchain and web3 games in arcade form to a community driven platform. Play-to-earn games are growing in popularity, but he usually focuses on one title and a desktop-based experience. Having a single theme and a limited number of worlds to explore can also be a headwind for adoption. Metacade allows players to join a community of fellow gamers while earning rewards across a variety of game titles. Once the arcade is developed, there will be regular prizes and exclusive tournaments, and each game can have its own NFT linked to his MCADE utility token.
According to BGA report, 1.4 million wallets interact with the game every day. This figure accounts for his 49% of blockchain usage.
another report by bloomberg says the global metaverse revenue opportunity could approach $800 billion in 2024, compared with previous estimates of $500 billion in 2020. remaining.
Play-to-earn games were one of the hottest cryptocurrency sectors before the recent bear market, and competition will heat up for the best Metaverse games. Metacade’s arcade theme leverages the Metaverse, which has a vibrant community for gamers and developers to earn rewards for their games and creations. Metacade could be a very strong utility token offering and investors should take advantage of the presale.
You can participate in the Metacade presale here.
