2023-2-2 21:31 |
Crypto gaming, also known as GameFi, is a constantly expanding sector of blockchain technology. The top projects in the space are known to produce insane returns for early investors. A prime example of this amazing potential for solid returns was when the Decentraland price rose from $0.07 to $5.91 during 2021 alone.
The Decentraland price has since suffered following its peak during the 2021 bull market, but it remains one of the hottest investments in the whole of Web3. Metacade, on the other hand, is fresh off the production line and looks like it could turn out to be the next 100x gem in the crypto gaming sector.
The GameFi revolution: How big could crypto gaming get?After the first GameFi platform was created in 2017, an increasing number of users flocked to participate in crypto gaming platforms for the chance to win digital assets. Crypto gaming offers integrated financial rewards through the play-to-earn mechanic, and by 2021, these unique capabilities had caused the sector to grow to a $3 billion valuation.
The expansion of crypto gaming is now expected to continue, with platforms such as Decentraland and Metacade driving GameFi’s progress towards a forecasted $40 billion valuation in the year 2025.
What is Decentraland (MANA)?Decentraland is an open-world, virtual reality metaverse that allows users to buy and sell digital real estate. Users can build anything on top of their purchased land, and the Decentraland environment has developed into a sprawling virtual city that offers many different experiences for players to explore.
The world has now been divided into different districts, with areas being dedicated to non-fungible token (NFT) artwork, cryptocurrency-based gambling, and play-to-earn crypto gaming, among a variety of other experiences that are available.
Decentraland has the potential to drive progress in metaverse development, as the platform gives more power to users to build out the virtual world. As well as this, all creations are easily monetizable, which helps to reward users for the time and effort spent while building experiences in the Decentraland world.
Decentraland Price Prediction 2025: Will MANA reach $5?The Decentraland price is currently over 90% down from its all-time high, which is more due to the ongoing bear market as opposed to the project’s innate value. Over time, the Decentraland price is expected to recover and many experts are predicting new all-time highs for the MANA token over the coming years. By 2025, MANA is forecasted to recapture the $5 level and could start to gain momentum as the Decentraland price pushes higher.
What is Metacade (MCADE)?Metacade is building the biggest arcade on the blockchain. Unlike Decentraland, which offers all users a similar crypto gaming experience, Metacade’s play-to-earn (P2E) arcade will offer a range of different games. Metacade’s crypto gaming experiences will vary from classic arcade-style titles to brand-new games that have been developed specifically for the metaverse arcade.
The project is also setting up a comprehensive set of additional features to help enrich the overall user experience in crypto gaming. Metacade aims to become a central, buzzing hub for the Web3 community, offering an enticing range of earning mechanics that go deeper than the P2E arcade.
How does MCADE work?The MCADE token will be used to provide P2E rewards for players in the arcade, as well as to gain entry to Metacade’s Compete2Earn features. Compete2Earn will involve paid entry tournaments where gamers can go head-to-head for the chance to win major cryptocurrency prizes, as well as extensive prize draws across the platform.
Furthermore, Metacade will reward users for contributing to the community in a number of ways. The Create2Earn feature will incentivize knowledge-sharing and content creation on the platform, as users can earn MCADE tokens for sharing alpha, posting game reviews, or interacting positively with other members of the Metacade community.
Metacade is also creating future jobs for Web3 users. The Work2Earn mechanic will connect crypto enthusiasts to paid job opportunities, either on a part-time or full-time basis, and also reward gamers for testing out cutting-edge arcade games before they are launched on the platform.
Metacade Price Prediction 2025: Will MCADE reach $5?MCADE is a brand-new project that has been growing in popularity already. The token recently started its presale event, in which the beta phase completely sold out in little more than 3 weeks.
Metacade could become a leading project in the crypto gaming space over the coming years, with its long-term price target being $5 in 2025. From the end of the presale, this would be a 250x gain, making Metacade one of the most high-potential crypto investments anywhere in Web3.
Is MCADE a worthwhile investment?The MCADE presale is one of the best investment opportunities available right now – not just in the crypto gaming sector, but in the entirety of Web3. Crypto gaming platforms such as Decentraland and The Sandbox have made over 100x gains over the past few years, and now MCADE looks set to make a similar return to the Decentraland price in its early stages.
Without a doubt, Metacade looks like a strong addition to any investment portfolio. However, the token is rising from $0.008 to $0.02 over the course of the presale, which means that investors need to be quick in order to buy MCADE at the best price possible. For now, crypto gaming looks like a prime area for crypto investors, as the Metacade and Decentraland price predictions are both bullish indeed.
You can participate in the Metacade presale here.
The post Metacade and Decentraland price forecasts, two projects set to soar as crypto gaming explodes appeared first on Invezz.
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