Until recently, the gamer community has remained separate from the cryptocurrency community. This is changing thanks to Metacade, a community hub for gamers and crypto enthusiasts alike. As Web3 and the cryptosphere have revolutionized every aspect of the digital realm, the gaming industry is in for a transformation.
Metacade’s MCADE token is one of the new crypto coins in the market, and gamers can use it to play and earn rewards in games on Metacade’s platform. Setting itself apart from other contenders in the crypto market, Metacade provides a workable model, which puts it in a position to make explosive gains next year.
Metacade is among the fastest-growing new crypto coins
Metacade isn’t an old player in crypto markets, having had its launch this year. However, it seems poised to give tough competition to even established tokens through its innovative model and the appeal to a traditionally ignored demographic in crypto.
Consider, for example, its new staking pool. Metacade’s previous staking pool continued for the last six months, and the community pooled 250,000 MCADE tokens. As the pool expired in early October, the platform launched a new one on the same day. This time the target is to bring in 500,000 MCADE tokens. And it is well on track to achieve it, having raised more than 400,000 tokens in just one week. This difference in the first and second staking pools is significant and indicates Metacade is growing.
Metacade’s success, despite it being one of the new crypto coins, may be astonishing to a layperson, but experts saw it coming. The developers are hard at work to make Metacade one of the most optimized cryptocurrencies, and they recently launched a mainnet platform in October. The platform also gives out incentives, like the lifetime Metcader pass, allowing users early bird access to all Web3 utilities on their website if they join the staking pool. The pool itself is estimated to give a 25% ROI.
A resurgence and collaborations
If you have been following the news, Metacade has had several indications of a resurgent 2024. For example, it got Certik approval, which accredits the platform as a safe and trustable cryptocurrency. As this will ease any investor doubts about the platform’s safety, it can boost Metacade’s price.
The several deals and partnerships Metacade made will definitely sweeten the platform’s chances and find them new customers. For example, the deal with Transak allows potential new users to buy MCADE at Transak with 0% card fees.
Metacade also collaborated with Polygon Labs, the industry leader in the GameFi ecosystem. Thanks to Polygon’s esteemed reputation, we anticipate that this partnership will attract a multitude of new gaming enthusiasts to Metacade.
What is Metacade?
Metacade isn’t primarily a crypto blockchain. It is a platform and community hub that brings gamers and crypto enthusiasts together. As developers continue to add features, the final version of Metacade will likely be a massive, integrated virtual world that serves as a one-stop shop for gamers’ every need, powered by cryptocurrency and blockchain technology.
The platform’s games collection is impressive and dynamic with a frequently updated repertoire. The long-awaited Ember Sword is coming soon to Metacade’s library, as are Oxya Origin and Definity Legend.
But Metacade is not just a gaming platform; it is a community. Expect to network and socialize with gamers worldwide, read and publish gaming reviews, and attend the developers’ AMA sessions. These tasks also earn you MCADE tokens, which you can use on Metacade or trade for other coins in crypto markets.
Metanomics: How you earn on Metacade and how it is financed
Metacade’s goal is to be an autonomous community that can generate revenue. Metacade shares its revenue with its community, allowing you to earn by playing games. The platform offers four distinct ways of making money.
The first model is called Play2Earn, which pays you to play different games. The second model, Compete2Earn, lets you win exciting rewards by entering and winning gaming competitions that are held frequently on Metacade. Remember that joining a Metacade competition will cost you coins. If you’re not a competitive gamer but still want to be a part of Metacade’s community, the third model, Create2Earn, is for you. Through it, you get paid for engaging with the community, such as by writing reviews, and sharing alphas.
The fourth earning model is Work2Earn, which will be functional by the end of Q1 2024. Through this model, Metacade will create a job board where gaming companies list vacancies. These include short- and long-term jobs, such as beta-testing a new game to identify errors and bugs. Members can earn revenue by completing these jobs.
With these different earning models, one must wonder what Metacade’s earning model is. The platform aims to raise most of its revenue through paid advertisements. Other sources income for Metacade include job listings, tournament draws, and a pay-to-play arcade. Through these means, Metacade aims to raise enough money to finance its day-to-day operations and a treasury reserve to develop new features.
Metacade likely to be a dominating new coin
The writing’s on the wall: Metacade is ready to be among the best-performing new crypto coins of 2024. The needle in crypto markets is moving in a favorable direction for Metacade: it shows how much progress the developers have made in transforming Metacade from an idea to a fully functioning platform. The deals with Transak and Polygon, the addition of new games, and the new staking pool indicate that Metacade can make it big enough to dominate next year.
Users can buy the MCADE token via the Metacade website.
Disclaimer: This is a paid post and should not be treated as news/advice.