Investing in Web3 crypto projects? Metacade and Ethereum are hot buys

Ethereum (ETH) is the dominant player in the world of layer-1 protocols, and while there are countless alternatives claiming to be the new Ethereum killer, no project has managed 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 surpass the big project?

Metacade is the best investment of all Web3 crypto projects

The Metacade presale made headlines with the flurry of activity that saw it raise an incredible $5 million in an incredible 10 weeks after the start of the presale. Since then, the project has continued to accelerate, to $6.2 million as more investors realize the potential of the platform.

With a comprehensive plan to change the face of gaming outlined in the recently released whitepaper, the Metacade team clearly understands the space. Consequently, the deeply discounted prices in the MCADE pre-sale are incredibly attractive to investors. Getting in so early at rock bottom prices for the Web3 crypto pre-sale puts a forecast of a 100x increase easily on the cards.

The quality of the Metacade project, along with the incredible value of the MCADE pre-sale, makes Metacade a strong investment choice available right now.

What is Metacade?

Metacade is 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 kinds together to earn money playing their favorite titles in a global gaming hub.

The project has an integrated reward system that makes it possible to play a wide range of games on the platform. This sets Metacade apart from the vast majority of GameFi projects that focus on a specific game type, with the 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 players coming back for more.

Metacade will establish revenue streams for casual play, but also for those seeking a more competitive experience, battling to climb the leaderboards across gaming ladders or entering tournaments to test yourself against the best the community has to offer. All participants and all playstyles 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 reward system, but also used as a currency across the platform.

The MCADE token also gives investors the opportunity 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 access on MCADE.

The Metacade team has further demonstrated their commitment to the gaming community through their innovative Metagrants program. This will allow MCADE holders to vote on developer games, ultimately deciding which projects deserve assistance and provide funding from the platform’s treasury.

What is Ethereum (ETH)?

Ethereum is a public permissionless blockchain network and is second only to Bitcoin when it comes to market capitalization. Ethereum is the protocol that first introduced smart contracts, and in doing so created the vast majority of the Web3 crypto projects we see today.

Ethereum provides infrastructure for the development of decentralized applications (dApps), and after the successful migration of the 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 going on for more than seven years, and being number two on the market capitalization table means that Ethereum is one of the most famous projects in the entire 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 increases may be far behind it.

Can MCADE increase 100x in price?

GameFi is predicted to grow significantly over the next few years, and Metacade is well positioned to be at the forefront of the movement. With a $200 billion gaming industry poised to be disrupted, there can be no doubt that incredible levels of value are waiting to be claimed.

Since Metacade features both player- and investor-centric tokenomics, the project can comfortably achieve 100x 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 major 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 will soon be filled with the most engaging online arcade games, which means user growth will begin in earnest.

MCADE available during the pre-sale appears to be at a compelling discount, and with the project likely to outperform other Web3 crypto competitors during 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? The post Metacade and Ethereum are hot buys appeared first on Invezz.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *