Web3 has revolutionized every sphere of online activity, including cryptocurrency. Cryptocurrency has transformed the gaming sector as it integrates with popular games, becoming an acceptable currency for in-game purchases and play-to-earn (P2E) gaming.
As gamers scramble to find the best crypto to buy now, they should consider Metacade, a platform building the ultimate community hub for gamers and GameFi crypto enthusiasts to collaborate. Metacade (MCADE) is one step closer to the long-envisioned Metaverse, which seeks an immersive virtual world.
Metacade is Launching a New Crypto Staking Pool
Crypto staking allows you to earn rewards in exchange for using your tokens to validate new transactions on the blockchain. Metacade facilitates staking by creating staking pools, in which token holders combine their assets to participate in the crypto staking process. On October 7th, 2023, the platform’s previous staking pool ended.
The second staking pool has gone live, with a pool size of 500 million MCADE tokens. The locked staking collection will run for six months, and this crypto staking pool is happening in tandem with the launch of its Mainnet platform in October.
Metacade has promised enticing rewards for participating in staking. These include a lifetime Metacader pass, which gives you early bird access to all upcoming Web3 utilities. Staking your tokens can give you an estimated 25% APY return on investment (ROI). In addition to offering rewards for users who stake their tokens, the platform also plans to burn excess reward tokens to ensure scarcity and maintain the value of the tokens in circulation.
The new staking pool is poised to increase Metacade’s market value. As more token holders hold and stake MCADE to validate transactions, the circulating supply reduces, and the platform’s security strengthens. The staking pool has had a positive effect on the token’s market price already, and MCADE’s value held strong as the first staking pool closed and the second opened.
This makes the MCADE token a strong contender for best crypto to buy now.
Metacade Could be a Top Crypto for the Future
Metacade is a relatively new crypto platform that is already making strides in the community. By linking gaming with blockchain and presenting various ways to earn tokens on the platform, Metacade intends to attract more gamers toward cryptocurrency.
Several innovations suggest that Metacade could be the best crypto to buy now in the GameFi sector, as the platform recently got Certik approval, which accredits it as a safe and functional cryptocurrency. Certik is a leading crypto security accreditor whose endorsement will bolster the platform.
Additionally, Metacade offers gamers several exciting games and a chance to win precious revenue. Players earn by playing games, participating in chat boards, competing in tournaments, and testing new games. The platform is working on improving investment potential by announcing new partnerships with leading giants in the GameFi community.
Metacade recently announced a new partnership with Sweat Economy, the largest Web2 to Web3 on-ramp facility. As a result, it can expand to 2 million new potential customers as Sweat Economy promotes the platform through its Learn2Earn model.
The new deal between Metacade and Transak is also good news for the platform. As a result of this deal, the MCADE token is now available on Transak with 0% card fees. These events make Metacade an option for those looking for the best crypto to buy now.
But most importantly, the collaboration between Polygon Labs and Metacade is a real game changer as it introduces the coin to a global gaming audience. Polygon has revolutionized the GameFi ecosystem, and its endorsement suggests that Metacade has a shining future.
What is Metacade?
Gamers and crypto enthusiasts can collaborate on Metacade, a dynamic community hub. This virtual hangout aims to bring like-minded individuals together to enjoy GameFi and the Web3 culture. Metacade keeps adding new games to its repertoire. Some upcoming games include Oxya Origin, Definitely Legend, and the much-awaited Ember Sword.
On Metacade, you can play your favorite games and win exciting rewards. You can also meet with gamers and developers worldwide and read and publish reviews on trending games while getting rewarded in MCADE tokens. In addition, there is a scheme called ‘Metagrants’ to fund exciting developer-submitted games, and token holders vote on which games get this funding.
Metacade is known for its community-centric nature, and the team often hosts AMAs — info about AMAs is posted on Metacade’s social media X channel in advance.
How Does Metacade Work?
Metacade lets you earn in four different ways. Through the Play2Earn model, you can earn revenue by playing various games. Through Compete2Earn, you can enter gaming competitions and win exciting rewards, spending MCADE tokens in order to enter these gaming competitions. Meanwhile, the Create2Earn model pays you for creating content and engaging the community. The contributions and engagement that get rewarded include sharing alpha, posting reviews, and engaging with other members.
Starting in 2024’s Q1, you can get paid through the Work2Earn model, which has a job board for gaming companies to post vacancies. Opportunities include everything from beta-testing new games and identifying errors and bugs to full-on careers in blockchain. Due to these various earning initiatives, many crypto experts consider Metacade the best crypto to buy now.
But how will Metacade finance this? Its economic system – called ‘Metanomics’ – seeks to make Metacade a self-sustaining revenue-generating community. The different revenue-generating schemes include advertising revenue, tournament draws, job listings, a pay-to-play arcade, and Metacade’s launchpad. Through these schemes, the platform seeks to generate enough income for day-to-day operations and to create a treasury reserve to fund the development of new features.
Metacade’s Price Prediction
Metacade was received favorably after launching, and its price rose significantly within a month. While the token’s price fell in the subsequent months due to bear market conditions, the developers have been busy, and we can expect the token’s worth to increase. Thanks to the deal with Transak and Polygon, Certik approval, and the new staking pool, the coin will likely see an upward movement in the coming weeks. Metacade is poised to be the best crypto to buy now as the market hopefully enters its bullish phase.
Metacade’s New Partnerships Offer an Exciting Investment Opportunity
Metacade is an exciting new cryptocurrency that unites Web3 developers and gamers in one community. As it announces its new staking pool with a 25% ROI, gamers and cryptocurrency enthusiasts alike are excited to see the platform’s future trajectory. Also, the deal with Polygon will attract many investors to Metacade seeking the best crypto to buy now. Metacade offers an exciting future as it adds staking to earn passive income and offers new gaming options for its users. A new era of decentralized gaming investment begins here.
You can buy the MCADE token via the Metacade website.
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Source: https://www.thecoinrepublic.com/2023/10/18/metacades-new-staking-pool-offers-25-roi-could-it-be-the-best-crypto-to-buy-now/