Brand-new cryptocurrencies can post significant gains early as investors seek the most promising up-and-coming coins. One of the best cryptos to invest in during these early stages could be Metacade (MCADE), which combines a vast online gaming platform with some strong earning capabilities for its users.
Play-to-earn (P2E) gaming is expected to revolutionize the wider gaming industry further as it brings some unique features that are only made possible by blockchain technology. Metacade is a brand-new blockchain gaming platform, and after a hugely successful token presale, it looks to be one of the best cryptos to invest in now.
Newly-launched Metacade could be one of the best cryptos to invest in during 2023
Metacade has been one of the best cryptos to invest in during recent months after its presale event raised a total of $16.4m, with every fundraising round selling out completely. MCADE rose from $0.008 to $0.02 throughout the presale and has now launched on both UniSwap and Bitmart exchanges.
The Metacade project brings play-to-earn capabilities into a sprawling metaverse arcade, allowing online gaming enthusiasts to earn cryptocurrency rewards while progressing through endless levels in some of the most exciting arcade games on the blockchain.
Often touted as one of the best cryptos to invest in now, Metacade has also been highlighted as having immense potential for the future. The platform combines several unique earning mechanics for online gaming, as well as a range of DeFi services for long-term investors.
Can MCADE reach $1 in 2023?
Investors are anticipating significant returns from MCADE’s early stages. The newly-launched cryptocurrency is a utility token for the Metaverse arcade. Boasting deflationary tokenomics, the exceptional uses for this token make it one of the best cryptos to invest in at the moment.
By the end of 2023, MCADE is forecast by experts to push toward the $1 price level. Online gaming is among the three best current narratives for making a real profit in crypto. It could post impressive price action over the coming months and years, the reason being that Online marketplaces allow players to trade, buy, and sell in-game items with other players. This could be monetized by charging a fee for each transaction or selling advertisements in-game.
What is Metacade?
Metacade combines the best elements of online gaming with play-to-earn mechanics, allowing users to earn cryptocurrency prizes while progressing through their favorite arcade games. It aims to become the biggest and best Metaverse arcade over time, offering a vast selection of P2E titles in a single virtual location.
The project also intends to become a central hub for the blockchain community. The platform will be home to several innovative mechanics that take crypto-earning beyond the online gaming section of the platform, which is likely to appeal to investors, entrepreneurs, and gamers alike.
How does MCADE work?
The MCADE token will be used as a reward in the online gaming arcade. As well as this, the token can be staked to earn a passive yield (although the current pool filled very quickly), as a long-term investment, and used to vote in governance proposals for the project.
Metacade’s Play2Earn features are available in every title found on the platform. Online gaming can also be played competitively, as the Compete2Earn mechanic allows players to go head-to-head for the chance to win enticing prizes paid in MCADE.
A key reason why so many have found MCADE to be one of the most attractive cryptos to invest in now is its Create2Earn feature. This will reward all content creators with MCADE tokens for their contributions to the platform, including posting game reviews, sharing alpha, and interacting with other users’ posts.
Metacade will also introduce a novel Work2Earn feature where some of the most sought-after job opportunities in Web3 will be advertised directly on-site. This will include full-time and part-time positions, and Work2Earn will also bring unique opportunities, such as testing out brand-new arcade games before they are officially launched. Sounds like fun.
Why Metacade is a game-changer (literally)
Metacade will become a buzzing center of play-to-earn activity built on the Ethereum blockchain. As a community-driven initiative, it will allow its users to vote in various governance proposals and project developments, including the Metagrants program.
Metagrants is designed to financially support games in development for the arcade during their early stages. The idea is to help budding projects grow into market-ready platforms, which helps to encourage innovation in blockchain gaming and bring an increasing number of in-demand arcade games into existence.
Is MCADE worth buying?
The MCADE token presale was a highly sought-after event. As the token is now available on major digital asset exchanges, demand is expected to continue to rise over time. It could become a leading project for online gaming on the blockchain, which makes it a top choice for any investment portfolio.
MCADE tokens can currently be purchased at the price of $0.023 on UniSwap and Bitmart exchange. The MEXC listing is expected in May and based on the price performance after the recent listings, investors will be watching this very closely.
You can buy Metacade here.
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Source: https://www.thecoinrepublic.com/2023/04/25/metacade-announces-partnership-with-metastudio-could-this-make-mcade-the-best-crypto-to-invest-in-for-q2-2023/