Crypto markets suffered a difficult 2022 after the bull market of 2021. The collapse of Luna and FTX, hit the markets hard, sending currencies into retreat as the bear market threatened to turn into a crypto winter.
Experts are predicting an improved crypto market outlook for 2023, with the new virtual gaming hub Metacade amongst the projects set to lead to a more positive crypto outlook in the 12 months ahead. Here’s why you should get into Metacade during its presale to take full advantage and maximize your potential investment profit.
What is the best investment strategy for 2023?
There are several schools of thought about the best investment strategy during bear markets. One of the most successful is accumulating high-potential tokens at a low price before the next bull market hits. Even for established tokens, the low prices resemble flash sales, offering rich potential returns.
History shows that bull markets usually occur roughly every four years after a Bitcoin (BTC) halving event. With the next halving event due in 2024, investors are scouring markets to find the best tokens to buy during the bear market as the crypto outlook begins to improve.
Metacade is already proving to be one of the top crypto projects with the highest potential following the bear market. With its beta presale selling out in only three weeks, it raised more than $1.3 million. This new metaverse gaming platform offers exciting, ground-breaking features that bring innovation to the GameFi industry and a hub for like-minded gaming enthusiasts to hang out.
How high could MCADE reach by 2025?
The MCADE token presale has defied the current bear market, selling more than $2.5 million in the first two phases of its presale. The token price is set to rise to $0.02 by the conclusion of the ninth and final presale stage. At this point, MCADE will hit decentralized exchanges (DEX), and the platform will begin developing a wide array of play-to-earn (P2E) arcade titles, offering users potentially lucrative opportunities to earn rewards.
With Metacade already gaining massive momentum during its presale, the platform could become a leading GameFi offering with its novel user experience and market capitalization. Other GameFi titles experienced enormous price surges during the 2021 bull market, and Metacade is set to skyrocket during the next expected bull market of 2025.
By 2024, the first phases outlined in the Metacade roadmap, which can be viewed in their whitepaper, will be well underway, with the value of MCADE expected to be beyond $1. As the project progresses, the roadmap will develop in a way that best serves the gaming community. Any bull market after this will see MCADE launched into stratospheric new values with higher prices of at least $5, a realistic target.
What is Metacade?
Metacade is set to become the metaverse’s first virtual arcade offering the widest choice of blockchain-hosted play-to-earn (P2E) titles in the GameFi scene. The platform utilizes cutting-edge Ethereum blockchain technology and the best Web3 techniques, like handing a large portion of decision-making to its users, and creating a space for gaming enthusiasts to hang out with like-minded individuals and be part of a community.
Earning potential on Metacade isn’t limited to P2E gaming. Community users earn extra income for contributing to the community, writing gaming reviews, sharing tips and knowledge, and competing in tournaments against other seasoned gamers.
Metacade’s ultimate goal is to transition to a fully-fledged decentralized autonomous organization (DAO) by Q4 of 2024, handing the community complete control of governance, finance, and development plans. MCADE token holders will have full voting rights to determine the platform goes in the direction they want to see, keeping it at the vanguard of the GameFi industry.
How does Metacade work?
Metacade works in the same way as a traditional arcade does. Gamers compete to beat their personal best and high scores in classic and modern arcade-style games while also competing in P2E tournaments for lucrative rewards.
In addition to the P2E element, Metacade offers users passive crypto income via the staking of tokens. Plus, users will be able to earn tokens for testing games within Metacade’s arcade.
Even more could be made via their Work2Earn scheme. Expected in 2024, it features a jobs board hosting the most exciting GameFi and Web3 job opportunities.
These features are fuelled by multiple revenue channels to create a self-sustainable ecosystem. Income for the Metacade platform will be sourced via advertising, selling space to external gaming developers to host their games, and hosting job vacancies from external Web3 companies.
Metacade could change the GameFi industry for good
The GameFi industry is developing rapidly and continues to grow extremely quickly. With new technologies being developed, being able to combine them with established interests means innovative GameFi can leverage tremendous opportunities. Metacade aims to be at the forefront of this innovation with the release of its Metagrants program in Q3 of 2023.
New developers can gain funding to build projects Metacade’s community wants to see. Funding applications undergo community voting, meaning titles the users most want go into development. This ensures that the most in-demand titles get backing from gamers and have a significant chance of success. The first Metagrant-funded title will hit the platform in Q1 of 2024.
Is MCADE worth buying during the bear market?
As the bear market continues into 2023, but the longer-term crypto market outlook improves, the Metacade presale is a superb opportunity for investors to gain on their purchases over the next few years. With the project appealing to gamers globally with its unmatched gaming experience and new titles continuing to be developed, the current MCADE presale price of $0.012 looks undervalued.
Metacade is an excellent addition to any crypto portfolio, with the presale expected to sell out during every round of its presale. With the crypto outlook set to significantly improve in the coming months and years, now is the time to get involved at a bargain price.
You can participate in the MCADE presale here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.
