There’s no doubt that the benefits of blockchain are huge, with almost every industry and sector likely to see a transformational impact as Web3 develops and more use cases are put into practice.
The rise of decentralized finance (DeFi) is no mistake; blockchain is a game changer for the world of finance, so it will come as no surprise that the world of digital payments is already experiencing the impact of blockchain.
The revolution in digital payments can seem recent, but it’s been years in the making. Bitcoin is perhaps the most famous example, but projects like Dogecoin and Ripple have also been on their own journeys.
Many early investors in the digital payments space have identified what they consider to be the next big transformation project in a newcomer called Metacade. This time, taking on the gaming world, these big fish are looking to capitalize on the huge potential the project holds as it rides the GameFi wave in a sector forecast to see massive growth.
Could digital payments benefit users of GameFi projects like Metacade?
The onset of digital payments will significantly benefit the likes of Metacade by accelerating the adoption of Web3 technologies and increasing awareness of blockchain’s value for both companies and individuals. As people become more comfortable making digital payments, they will be more inclined to use other Web3 technologies, like Metacade.
As more people use the platform, they will become more curious about the different ways to make money online, whether through play-to-earn (P2E) gaming or Work2Earn programs. The focus that Metacade has on more fairly distributing the value of the gaming space is a great example of a project that should see a big boost due to the increasing maturity of digital payments and the variety of ways people can easily make money online.
What is Metacade?
Metacade is a disruptor, taking on the established gaming industry by returning much more value to the gaming community. The ecosystem that will help the Metacade team achieve this is laid out in the recent whitepaper and centers on building the most extensive P2E arcade on the planet.
The project utilizes a well-designed reward system to provide users with layers of incentives that benefit both the user and the ecosystem. While users can earn from P2E gaming, they can also make money from sharing valuable gaming alpha, writing game reviews, and engaging with other community members on the platform.
The MCADE token is the currency of the ecosystem and therefore vital for those who want to get the most from the project. As the token is used for all value exchanges across the platform and for distributing rewards, it’s likely to see a vast increase in token demand as user numbers inevitably grow over time as more gamers look to make money online.
Security is of critical importance to projects of this scale. So Metacade has earned praise for the proactive way the team has submitted its code, specification and team information to the top Web3 auditing firm Certik. The P2E gaming platform received the Certik seal of approval and its audit results are now available on the Certik website.
This gives investors a great deal of assurance about the secure nature of the project and is another contributing factor to the incredible presale performance the project has seen so far — raising a mind-blowing $6.7m in only 12 weeks since the presale launch. The project has shown no signs of slowing down and is currently in stage 4 of the presale, with tokens available at $0.014.
Can MCADE reach $1 in 2023?
With the ambitious plans laid out in detail by the Metacade team, there is much speculation as to how quickly the project will produce the enormous gains required to smash through the $1 barrier.
There’s no question that with such high utility, the MCADE token will see a big increase in demand due to growing user numbers, so achieving the 50x required post-presale could well happen before the end of 2023.
How high can the price of MCADE reach?
The tokenomics of Metacade have clearly been carefully defined to provide as much value to investors as possible. With a supply of just 2 billion tokens and staking options available to earn passive income, a huge surge in long-term holders of MCADE could raise the price even higher.
Should the project secure even a small piece of the huge gaming market, investors can expect to see a market cap above the $10 billion highs seen by other single-game GameFi projects in 2021. This would mean MCADE reaching at least $5 per token, an incredible increase that illustrates the incredible value up for grabs in the Metacade presale.
Should investors buy MCADE?
Thus far, the presale has seen a considerable amount of investment raised due to the rock-bottom presale prices coupled with the high potential of the project. It’s rare for a project to appear with both of these qualities, so the Metacade presale shows signs of being one of those rare opportunities for investors.
As you might expect, with such a good investment choice, more and more investors are becoming aware of the opportunity and securing their MCADE — meaning the presale is unlikely to stay open for long.
You can participate in the Metacade presale here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.
