The first two weeks of 2023 have seen promising price action for the rest of the year, as bitcoin has risen 40% and dragged much of the market with it. Axie Infinity rose 75%, and Decentraland soared 169%.
With Axie Infinity and Decentraland going up in price, GameFi looks set to explode once again. But could Metacade, a brand new GameFi platform, post higher gains than Axie Infinity and Decentraland over the next few years?
GameFi’s explosive growth
Large GameFi projects such as Axie Infinity and Decentraland have been among the most successful investments in recent years. In 2021 alone, Axie Infinity has grown 300 times, while Decentraland has grown 200 times between 2020 and 2021.
Decentraland and Axie Infinity both have something in common. They combine game mechanics to win with fun and addictive gameplay and contribute to the expansion of GameFi around the world.
GameFi is still something new, but it has the potential to revolutionize the global gaming industry because of its unique capabilities. Traditional games can’t match GameFi’s user experience, ownership customization and built-in financial rewards. This has led the GameFi industry to a multi-billion dollar valuation in just a few years.
Early 2023 Rally: Bullish news in all areas
In early 2023, the crypto-currency market and major GameFi projects, including Axie Infinity and Decentraland, rose. After this bullish price action, investors began to explore the best areas of blockchain to invest in, and GameFi may still be the best option.
A brand new GameFi platform called Metacade has completely sold out the first three stages of its presale, plus its beta stage. This happened in just 10 weeks, with $5m raised to fund the development of the largest GameFi arcade on the blockchain. Since then, the platform has raised $7.2m.
Metacade is showing signs of interesting price fluctuations, and experts are now suggesting that MCADE could be the next big 100x project in the GameFi sector. With Axie Infinity and Decentraland now suffering from the law of diminishing returns, the MCADE token presale could be the best option for making significant gains in the GameFi sector over the next few years.
Can MCADE be worth $5 in 2025?
After the presale, the MCADE token will launch on the exchanges, and the arcade metaverse will begin to support a growing community of GameFi players. This should lead to a surge in purchases for the MCADE token, which could reach $1 by 2023, a 50-fold increase from the end of the presale.
Beyond 2023, MCADE could explode. The project will be in full swing, with all major project features fully developed by 2024. That year will also see the next bitcoin halving, while a long-term bull market is expected for all crypto-currencies.
By 2025, the MCADE token could reach up to $7, a massive 350x increase from the end of the presale. Metacade has the potential to support a large number of users over time, as the platform offers a full GameFi experience in addition to the vast earning potential for its community.
What is Metacade?
Metacade is the first community-run arcade. The platform will combine a large selection of arcade games with play to earn and will provide a central place for Web3 users to gather, share alpha, and access DeFi features.
The project will be a Web3 social hub and the largest blockchain arcade. With Metacade’s focus on community, the platform plans to become a DAO starting in 2024, handing over full control to its community to advance GameFi.
3 reasons to invest in Metacade
- Metacade’s line of arcade games will offer both casual and competitive gameplay, and all experiences in the metaverse arcade contain built-in financial rewards for players.
- In the social hub, Metacade goes even further in the earning systems. Users can also earn money through the Create2Earn system, which rewards users who contribute to the community by posting game reviews, sharing ideas and interacting with other members.
- Metacade will also create new jobs for GameFi enthusiasts through its Work2Earn feature. This will connect blockchain users with paid opportunities at some of Metacade’s partner projects and may include part-time and full-time positions.
Metacade: A game changer
In addition to offering a wide selection of play to earn, incentives for content creators and new jobs for crypto-currency users, Metacade will directly fund GameFi’s upcoming innovations – making it a true innovator.
The Metagrants program will allow the community to vote for the best new arcade games before Metacade funds the developers to help bring them to Metacade. This way, the most requested titles will go from idea to reality, and the Metacade community will be the first to play them.
Is MCADE worth buying?
The MCADE token presale could be one of the best investment opportunities of 2023. Metacade could rival Axie Infinity and Decentraland at the top of the GameFi leaderboard in the next few years, giving it a potential return of over 100x.
For now, MCADE is only worth $0.014 per token. During the presale, that price point will rise to $0.02, giving investors a limited amount of time to get involved at the best possible price. GameFi seems ready to step up, and projects like Metacade, Axie Infinity and Decentraland are ready to do so.