The ongoing crypto winter has left many investors disappointed with little (if any) gains in 2022, with 2023 expected to bring better results. While many tokens are expected to come back strong, there is one in particular that many have been betting on recently. This is Metacade, and the hype surrounding the project led to high sales during the token presale. Read on to find out why.
The current cryptocurrency winter has left many investors out in the cold.
Following rising inflation, interest rate hikes, and the fall of some top cryptos in 2022, many projects are down significantly from their 2021 highs during this current crypto winter. . Bitcoin, often seen as the benchmark for cryptocurrency performance, fell 77.5% from its high of $69,000 in November 2021 to its low of $15,476 about a year later.
Altcoins like DOT fell more than -92% over the same period, while others showed a bit more resistance. TRX, for example, more or less matched the performance of BTC, dropping -74.9% from its 2021 high to its 2022 low. , some still consider the woes of the crypto winter to be far from over. Despite this persistent downtrend, one token has attracted millions of investments: Metacade.
What is Metacade (MCADE)?
Metacade is a community hub for play to earn (P2E) games that aims to become one of the first leaders of the GameFi revolution. Its goal is to be the ultimate Web3 place to explore, learn, and get the most out of P2E gaming. Metacade offers players all the benefits they need to progress in this growing space, such as dedicated forums, reviews, game ratings, and GameFi alphas shared by P2E fans.
Moreover, it encourages the community by giving players as much value as possible. In addition to regular tournaments, contests and tournaments, Metacade uses the potential of decentralization and cryptocurrencies, rewarding players for their contributions and giving them a say in the games they participate in. There are even plans to create a job board and turn the project into a decentralized autonomous organization (DAO).
Metacade (MCADE) Key Features Analysis
Traditionally, players are asked to share reviews and advice with others without receiving anything for their efforts. Who benefits from this? Mainly the platform that hosts these opinions and advice.
Metacade has realized this, and instead of giving nothing back, it directly pays users with the MCADE token for their growth in the community. This means that even if you’re new to P2E, you can earn money just by sharing your opinion on a new game you’ve played or by posting tips that other players can use to progress.
Towards the end of 2023, Metacade will also award its first Metagrant. Metagrants allow the community to direct project funds to selected game developers, with the goal of funding the next generation of community-supported P2E games. Developers submit their game proposals to one of the Metagrant competitions, and the idea that gets the most votes from MCADE holders is awarded cash funding.
The completed game will be hosted in Metacade’s virtual arcade, where anyone can log in to enjoy. It would only take one revolutionary game developed by the community for Metacade to experience a dazzling success recognized by the major media and for the MCADE token to explode.
As we mentioned, Metacade will also launch a job board. It is planned for 2024, this site will offer freelance jobs, part-time positions and full-time positions in collaboration with the major players in Web3 and GameFi. Whether you want to test games using Metacade’s test environment to earn some money or are looking to establish yourself as a game developer, you are sure to find something that matches your skills.
Finally, Metacade will transition to a full DAO in late 2024. The foundations are expected to be developed as early as Q2 2023, this transition will see the core Metacade team step down and hand over the reins to elected Metacade members. From this point on, MCADE holders will determine the future of the world’s first democratically-run metaverse gaming arcade.
Metacade (MCADE) might just be one of the best performers of 2023
How did Metacade do in presale, despite the current crypto winter? In the first seven weeks of the MCADE presale, approximately $3.4 million has been raised by thousands of investors around the world.
The price of MCADE tokens has already risen from the starting price of $0.008 to $0.012, and is expected to reach $0.02 by the end of its presale. However, many analysts believe that MCADE still has plenty of room for improvement, with some setting targets of at least $0.20 by the end of 2023 if the crypto winter calms down as expected.
This is supported by the fact that GameFi will take off this year. Absolute Reports estimates the annual growth rate of the sector at 20.4% between 2022 and 2028, while Crypto.com predicts much faster growth, at 100% per year. Given the importance of community hubs to gamers and the first-mover advantage, Metacade may soon become the premier destination for all things P2E.
If you think Metacade is a great opportunity, then check out the MCADE Presale as soon as possible. There is not much time left to acquire MCADE tokens at $0.012 before moving on to the next stage of the presale!
You can participate in the Metacade presale ici.
