2023-2-13 15:37 |
Ethereum (ETH) is the dominant player in the world of layer-1 protocols, and although there are countless alternatives claiming to be the new Ethereum killer, no project has been able to make a significant dent in the market. This longevity certainly makes Ethereum a compelling investment choice, but does GameFi newcomer Metacade (MCADE) have what it takes to outpace the big-name project?
Metacade is the best investment of all Web3 crypto projectsThe Metacade presale made headlines with the surge of activity that saw it raise an unbelievable $5m in an incredible 10 weeks following the start of its presale. Since then, the project has continued at pace, to $6.2m as more investors realize the potential that the platform holds.
With a comprehensive plan to change the face of gaming outlined in its recently-launched whitepaper, the Metacade team clearly understands the space. Accordingly, the highly discounted prices in the MCADE presale are incredibly attractive to investors. Getting in so early at rock-bottom prices for Web3 crypto presales makes a forecast of a 100x increase easily on the cards.
The quality of the Metacade project, alongside the incredible value of the MCADE presale, makes Metacade a strong investment choice available right now.
What is Metacade?Metacade is in the process of building a play-to-earn (P2E) arcade filled with online arcade games. It will be the centerpiece of a comprehensive GameFi platform, bringing gamers of all stripes together, to earn an income as they play their favorite titles in a global community gaming hub.
The project boasts an integrated rewards system that enables a wide range of games to be played on the platform. This sets Metacade apart from the vast majority of GameFi projects that focus on a specific game type, with the extra added bonus of being rewarded for playing a good variety of games. Metacade plans to continually add to its arcade game titles, which should keep gamers coming back for more.
Metacade will be establishing income streams for casual gaming but also for those who want a more competitive experience, battling it out to climb the leaderboards across gaming ladders or entering tournaments to try your hand against the best the community has to offer. All participants and all play styles are included by design.
How does Metacade work?The MCADE token is a utility and governance token that powers the entire Metacade ecosystem, facilitating not only the entire rewards system but also being used as a currency across the platform.
The MCADE token also provides investors with the chance to earn a passive income by putting their tokens to work through staking. Staking allows token holders to contribute to the security of the platform while earning an income in stablecoins so as not to dilute the total supply of MCADE.
The Metacade team has further demonstrated its commitment to the gaming community through its innovative Metagrants program. This will allow MCADE holders to vote on developer game pitches, ultimately determining which projects deserve assistance and providing funding from the platform’s treasury.
What is Ethereum (ETH)?Ethereum is a public permissionless blockchain network and sits behind only Bitcoin when it comes to market cap. Ethereum is the protocol that first introduced smart contracts and, in doing so, spawned the vast majority of the Web3 crypto projects that we see today.
Ethereum provides infrastructure for the development of decentralized applications (dApps), and following the successful migration of its consensus mechanism from proof-of-work to proof-of-stake known as The Merge, the Ethereum platform looks set to remain dominant in the world of layer-1 protocols.
Ethereum is a strong project, but it has been running for more than seven years, and being number two on the market cap league table means that Ethereum is one of the best-known projects across the whole web3 crypto world. This means that Ethereum lacks the potential for big returns of early-stage projects like Metacade because while the play-to-earn arcade is likely on track for a 100x price increase, ETH’s days of huge price surges could be far behind it.
Can MCADE increase 100x in price?GameFi is predicted to grow substantially over the next few years, and Metacade is well-positioned to be at the forefront of the movement. With a $200 billion gaming industry ready to be disrupted, there can be no doubt that incredible levels of value are waiting to be claimed.
As Metacade features contain both gamer and investor-centric tokenomics, the project could comfortably achieve a 100x on the presale prices, or $1 per token, with a smaller market cap than Axie Infinity’s $9.75 billion market cap in 2021.
Why should you invest in Metacade?With huge growth predicted in the GameFi sector and Metacade having revealed an exhaustive plan to gain an important position during the revolution in gaming, it is obvious why investing in Metacade now could prove to be extremely lucrative later. The Metacade ecosystem is going to soon be filling up with the most engaging online arcade games, meaning user growth will begin in earnest.
The MCADE available during the presale looks to be at a compelling discount, and with the project likely to surpass other Web3 crypto competitors over the course of 2023, smart investors could potentially see incredible profits over the next year.
You can participate in the Metacade presale here.
The post Investing in Web3 crypto projects? Metacade and Ethereum are hot buys appeared first on Invezz.
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