Metacade has generated plenty of excitement among the blockchain community thanks to its unique GameFi offering. The project attracted huge backing during the MCADE token presale and quickly trebled in value after it first launched on cryptocurrency exchanges.
The gaming industry is growing and the blockchain revolution continues to gain traction. There are currently over four billion gamers in the world, and Metacade’s unique set of GameFi features could help it carve out a sizable market share over time.
Metacade’s progress hasn’t gone unnoticed; could it be a key player in the global gaming industry?
Metacade, the largest decentralized arcade in Web3, looks to be a promising new addition to the blockchain gaming industry. The project raised over $16 million during a hugely successful token presale in which gamers from across the blockchain gaming industry backed the platform for the long term.
Metacade’s native token, MCADE, is now available on leading digital asset exchanges, including BitMart, MEXC, and Uniswap. The MCADE token skyrocketed 3x during April and looks to be in an extremely strong position for the future, as the gaming industry is getting bigger year by year.
The gaming industry is forecasted to reach $300 billion by the year 2026 and blockchain projects offer something completely unique within the industry. Projects such as Metacade offer integrated financial rewards to players as well as total ownership over in-game items.
Customizable items, upgrades, and other in-game microtransactions currently account for over $60 billion of annual spending in the gaming industry. The blockchain allows players to gain full custody over these items and makes them tradeable peer-to-peer (P2P).
As a result, games that are integrated with blockchain give players more control over their experience than ever before. Metacade, with its current market cap of $50 million, is expected to help drive the blockchain gaming revolution thanks to its expansive GameFi capabilities.
What is Metacade?
Metacade will become the largest on-chain arcade, supporting a vast selection of play-to-earn (P2E) arcade games on the Ethereum blockchain. The platform recently announced its first title, Rune Realms Clash, as part of its long-term collaboration with MetaStudio, a leading blockchain development firm that specializes in P2E gaming.
The project aims to become a central hub for the blockchain gaming industry, offering a comprehensive set of GameFi features that go beyond the P2E arcade. Metacade’s platform will bring together gamers, professionals, and Web3 users who can discuss the latest developments in the gaming industry and discover endless opportunities to earn cryptocurrency rewards.
How does MCADE work?
The MCADE token’s primary utility is to provide financial rewards to gamers in the blockchain arcade. Token holders can also stake MCADE to earn a passive yield over the long term and can vote in governance proposals to help drive progress for the project.
The metaverse arcade offers both casual and competitive gameplay across its selection of P2E titles. Not only can players earn crypto rewards while beating levels in highly addictive gaming experiences, but they can also join paid entry tournaments for the chance to win massive prizes paid in MCADE tokens.
One of Metacade’s additional features is Create2Earn. This will reward content creators for sharing the latest alpha, posting game reviews, and interacting with other members of the community. This feature is specially designed to incentivize the organic spread of GameFi-focused information on the platform.
Metacade will also match blockchain professionals with paid job opportunities in the world of Web3. Metacade’s partner projects will advertise open roles that people can freely apply to, with open positions ranging from full-time to part-time opportunities.
Blockchain gamers will also get the chance to test out the latest arcade games being developed for Metacade. Beta testing roles will be given to dedicated Metacaders who can earn MCADE token rewards in exchange for providing feedback to the developers of the latest P2E arcade games.
Will the MCADE token reach $1 in 2030?
After an explosive April saw the MCADE token jump from $0.015 to $0.045, price analysts are anticipating major growth for Metacade. The project’s eye-catching presale has given it momentum leading to a long-term trend reversal for the crypto markets, which could see it hit $0.50 and beyond during the next crypto bull market.
By 2030, the MCADE token is expected to breach the $1 price level and may target an all-time high of between $2 and $5. This reflects the MCADE token’s deflationary tokenomics — with increasing demand and a fixed total supply, analysts are expecting significant price increases.
How Metacade aims to bring brand new P2E games into the metaverse gaming industry
The Metagrants program is specially designed to encourage innovation in the blockchain gaming industry. Developers can submit investment proposals to the Metacade community, who will vote to decide which new games are best. Metagrants will then be awarded to the winners, as Metacade will provide direct support to help bring brand new P2E titles into existence.
Metagrants are a strong signal of how bullish the Metacade team is on the future of the blockchain gaming industry. Talented developers will continue to build attractive gameplay experiences, with Metacade’s in-built voting process ensuring that the most in-demand titles are developed. Over time, Metacade could help to boost the overall level of innovation in the blockchain gaming industry.
Is the MCADE token worth buying?
MCADE is widely considered to be one of the hottest investment opportunities of the year. The project combines several groundbreaking features with addictive gameplay and generous earning mechanics. It’s also a comprehensive metaverse location that looks set to bring users together from across the world of Web3.
At the current price of $0.022, Metacade is sitting at a key level of support and may soon target its recent high of $0.045. Regardless of near-term price action, it looks like an extremely promising investment heading into the next crypto bull market.
You can find more information, including how to buy MCADE, here.