With gaming already a $200 billion industry, it’s no surprise that it is tipped to grow dramatically over the coming years. The sector has its faults, however, and blockchain technology is being seen as a way to restore the balance of power in the gaming industry – tipping it away from big corporate interests and delivering it into the hands of gamers.
Play to earn looks set to redefine the industry, so finding the projects with the best play to earn crypto games is key for investors looking to maximize their gains over the next year, by seeking out the best crypto investment for high returns.
What is Metacade?
The recent unveiling of the Metacade whitepaper has given industry experts a clear picture of what the Metacade project is looking to achieve. Central to their strategy is building the biggest play-to-earn arcade in the metaverse while growing a strong community of supporters. Ultimately, Metacade has plans to become a DAO, handing key roles and responsibilities of running the platform over to its users.
On Metacade, rewards are not just to be issued for playing the best play to earn crypto games but also for other actions across the platform. Gamers taking part in competitive play and tournaments can earn rewards (and other prizes), but users don’t necessarily need to play games to earn. Contributions which improve the user experience on the platform are also rewarded, such as writing game reviews or interacting with other members.
How does Metacade work?
The innovative approach to rewards provides a set of incentives for all users that drive constant improvement across the Metacade ecosystem. This helps to create a progressive feedback loop – driving increased user growth, who in turn then contribute further to the platform to earn rewards.
The MCADE token acts as the currency of the Metacade project, meaning that it is heavily utilized as gamers engage with the platform. Use cases can be found for any value exchange that takes place, such as tournament entry, buying merchandise and, of course, receiving rewards.
MCADE is also able to be staked by holders, which provides another incentive to investors to hold the token over the long term. The project has clearly set out to encourage all investors to hold, with the staking rewards issued in stablecoins in order to prevent the circulating supply of MCADE from being diluted.
While Metacade has set out to launch the arcade with all of the best play to earn crypto games, it also has a strategy for ensuring that it remains the project with the best play to earn crypto games over the longer term too.
The main driver for this comes from the Metagrants program, which allows game developers to show the Metacade community their ideas for new games. MCADE holders are then able to use their tokens to vote on which projects they feel deserve funding, ensuring that only titles that the community deems as the best are the ones that get developed.
This end-to-end strategy is the reason why many investors are touting Metacade as the best crypto investment in a long time and why the presale is selling out so quickly, with the project raising $4.5m in just 10 weeks.
What price can MCADE reach?
Gaming is a $200 billion market already, meaning that the user base is known to be there and expected to grow. Even in conservative models, if Metacade was able to secure even a small slice of the market — as little as 1% of gaming overall — it would mean phenomenal gains for MCADE holders.
With the Metacade tokenomics set up to help investors reach the gains they want, a market cap of $2 billion (1% of the total gaming market), would mean that the price of MCADE had surged all the way to $1, with the price rising an incredible 125x from its presale beta stage.
Is Metacade a good investment?
The huge growth potential of Metacade coupled with the intense investor interest is a sure-fire sign that the project is likely to be destined for success. As the platform continues to build on its huge arcade, with all of the best play to earn crypto games, the price of MCADE is likely to increase dramatically, making Metacade the best crypto investment for crypto fans and beyond.
You can participate in the MCADE presale here.
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