Metacade (MCADE) Is Different From Other Metaverse Projects Like Gala Games (GALA) – Here’s Why
Metaverse projects have attracted significant attention as of late. With Bloomberg expecting the metaverse market to be worth $800 billion, it’s high time to seek out metaverse crypto projects with the most potential. Metaverse crypto projects like Gala Games have already demonstrated that they can draw in vast numbers of players, and now, a new project called Metacade is preparing to shake up the gaming industry for good.
Today, we’re going to discuss the differences between Gala Games and Metacade and which one you should consider adding to your portfolio before it’s too late.
Gala Games (GALA) Has Amassed a Mammoth Userbase
Gala Games is a platform that’s a little bit like Steam or the Playstation Store. However, the critical difference is that Gala Games combines Play2Earn, blockchain technology, and non-fungible tokens (NFTs) to allow players to truly own their in-game items and receive rewards for their achievements. It currently hosts 15 games and metaverse projects, such as Spider Tanks and The Walking Dead: Empires, which, according to Coin Telegraph, have attracted over 1.3 million players to the Gala Games ecosystem.
Gala Games’ native token, GALA, is used by players to purchase in-game items and trade NFTs with one another. GALA can also be used to bid for Gala Nodes, which allows users to rent out server space to Gala Games and earn additional GALA tokens. Gala Nodes also give their holders voting rights to determine the games/metaverse projects that should be added to the platform and what the developers should focus on next.
What is Metacade (MCADE)?
Metacade is an online community hub that’s somewhat similar to Gala Games. Like its counterpart, Metacade believes that gamers should be at the forefront of gaming, not billion-dollar gaming studios. But while Gala Games relegates their users to a Discord server, Metacade is itself the platform where players go to link up with like-minded gamers, discover the virtually unlimited possibilities of Play2Earn gaming, and direct the future of the budding GameFi industry.
While Gala Games is limited to just 15 in-house games, Metacade plans to be the portal to access every Play2Earn title on the market. Moreover, players don’t just earn MCADE tokens for playing their favourite games; they can also earn by simply making the community a better place, whether through writing reviews or testing games and metaverse projects for Metacade’s developer community.
What Makes Metacade (MCADE) Different From Other Metaverse Projects?
Metacade’s vision is to become an all-in-one platform that provides value to its users whenever possible. The rapid growth of Web3 and the decentralised internet makes learning about and making the most out of Play2Earn an uphill challenge. In response to this, Metacade aims to be the platform that has it all: reviews, leaderboards, long-form content, and spaces to share leading GameFi alpha with your peers.
To further incentivise experienced players to share their knowledge with newbies, Metacade will reward users with the MCADE token for their contributions to the community. Each time you review a game, share useful tips, or post valuable content, you earn for simply sharing what you already know.
Unlike other metaverse projects, such as Gala Games, Metacade takes a fully-decentralised approach to game development. In late 2023, Metacade plans to launch Metagrants, a funding mechanism that allows the community to vote on the games they want to see built by Metacade’s dedicated developer community. Metagrants allow anyone, no matter their resources as a developer, to pitch game ideas and win funding to build their vision.
But perhaps the feature you’re most unlikely to ever see in other metaverse projects is Metacade’s job board. As part of its roadmap for 2024, Metacade is aiming to be the number one platform for finding casual and long-term work in the GameFi industry.
Using Metacade’s native testing environment, players will be able to participate in short-term testing gigs to give their regular income a boost. But what if you’re looking for your big break in the gaming industry? Then you can use Metacade’s job board to find exclusive opportunities with some of the biggest names in GameFi, whatever your area of expertise.
Should You Invest in Metacade (MCADE) or Gala Games (GALA)?
It’s easy to see the similarities between Metacade and Gala Games. But where we believe Metacade has the edge, is in making the extra step to put the community first. For example, while Gala Games uses a Discord server to govern the community, Metacade does it all directly from within its own platform. And while Gala Games give preferential voting rights to Gala Nodes, Metacade opens up the democratic referendum to the entire community, regardless of their resources.
It’s also worth pointing out the current price action in the GALA token. Despite being one of the leading metaverse projects, GALA has slumped nearly back to its presale price. It launched at $0.021 back in September 2021, and despite being valued at $0.84 at its peak in November 2021, GALA is worth just $0.036 today.
For those unfortunate enough to buy at GALA’s peak, they’re now down nearly -96% on their investment. While it might rise again, it’s difficult to see GALA effectively performing the same runup it did in 2021 without significant hype.
Meanwhile, Metacade has little downside potential as a new project with everything to gain from the explosion in GameFi and Web3 user growth. By learning from the less desirable features of Gala Games, Metacade could easily surpass Gala Games as one of the industry’s leading metaverse crypto projects.
You can buy Gala Games at eToro here.
You can participate in the Metacade pre-sale here.
The post Metacade (MCADE) Is Different From Other Metaverse Projects Like Gala Games (GALA) – Here’s Why appeared first on Analytics Insight.
Metaverse projects have attracted significant attention as of late. With Bloomberg expecting the metaverse market to be worth $800 billion, it’s high time to seek out metaverse crypto projects with the most potential. Metaverse crypto projects like Gala Games have already demonstrated that they can draw in vast numbers of players, and now, a new project called Metacade is preparing to shake up the gaming industry for good.
Today, we’re going to discuss the differences between Gala Games and Metacade and which one you should consider adding to your portfolio before it’s too late.
Gala Games (GALA) Has Amassed a Mammoth Userbase
Gala Games is a platform that’s a little bit like Steam or the Playstation Store. However, the critical difference is that Gala Games combines Play2Earn, blockchain technology, and non-fungible tokens (NFTs) to allow players to truly own their in-game items and receive rewards for their achievements. It currently hosts 15 games and metaverse projects, such as Spider Tanks and The Walking Dead: Empires, which, according to Coin Telegraph, have attracted over 1.3 million players to the Gala Games ecosystem.
Gala Games’ native token, GALA, is used by players to purchase in-game items and trade NFTs with one another. GALA can also be used to bid for Gala Nodes, which allows users to rent out server space to Gala Games and earn additional GALA tokens. Gala Nodes also give their holders voting rights to determine the games/metaverse projects that should be added to the platform and what the developers should focus on next.
What is Metacade (MCADE)?
Metacade is an online community hub that’s somewhat similar to Gala Games. Like its counterpart, Metacade believes that gamers should be at the forefront of gaming, not billion-dollar gaming studios. But while Gala Games relegates their users to a Discord server, Metacade is itself the platform where players go to link up with like-minded gamers, discover the virtually unlimited possibilities of Play2Earn gaming, and direct the future of the budding GameFi industry.
While Gala Games is limited to just 15 in-house games, Metacade plans to be the portal to access every Play2Earn title on the market. Moreover, players don’t just earn MCADE tokens for playing their favourite games; they can also earn by simply making the community a better place, whether through writing reviews or testing games and metaverse projects for Metacade’s developer community.
What Makes Metacade (MCADE) Different From Other Metaverse Projects?
Metacade’s vision is to become an all-in-one platform that provides value to its users whenever possible. The rapid growth of Web3 and the decentralised internet makes learning about and making the most out of Play2Earn an uphill challenge. In response to this, Metacade aims to be the platform that has it all: reviews, leaderboards, long-form content, and spaces to share leading GameFi alpha with your peers.
To further incentivise experienced players to share their knowledge with newbies, Metacade will reward users with the MCADE token for their contributions to the community. Each time you review a game, share useful tips, or post valuable content, you earn for simply sharing what you already know.
Unlike other metaverse projects, such as Gala Games, Metacade takes a fully-decentralised approach to game development. In late 2023, Metacade plans to launch Metagrants, a funding mechanism that allows the community to vote on the games they want to see built by Metacade’s dedicated developer community. Metagrants allow anyone, no matter their resources as a developer, to pitch game ideas and win funding to build their vision.
But perhaps the feature you’re most unlikely to ever see in other metaverse projects is Metacade’s job board. As part of its roadmap for 2024, Metacade is aiming to be the number one platform for finding casual and long-term work in the GameFi industry.
Using Metacade’s native testing environment, players will be able to participate in short-term testing gigs to give their regular income a boost. But what if you’re looking for your big break in the gaming industry? Then you can use Metacade’s job board to find exclusive opportunities with some of the biggest names in GameFi, whatever your area of expertise.
Should You Invest in Metacade (MCADE) or Gala Games (GALA)?
It’s easy to see the similarities between Metacade and Gala Games. But where we believe Metacade has the edge, is in making the extra step to put the community first. For example, while Gala Games uses a Discord server to govern the community, Metacade does it all directly from within its own platform. And while Gala Games give preferential voting rights to Gala Nodes, Metacade opens up the democratic referendum to the entire community, regardless of their resources.
It’s also worth pointing out the current price action in the GALA token. Despite being one of the leading metaverse projects, GALA has slumped nearly back to its presale price. It launched at $0.021 back in September 2021, and despite being valued at $0.84 at its peak in November 2021, GALA is worth just $0.036 today.
For those unfortunate enough to buy at GALA’s peak, they’re now down nearly -96% on their investment. While it might rise again, it’s difficult to see GALA effectively performing the same runup it did in 2021 without significant hype.
Meanwhile, Metacade has little downside potential as a new project with everything to gain from the explosion in GameFi and Web3 user growth. By learning from the less desirable features of Gala Games, Metacade could easily surpass Gala Games as one of the industry’s leading metaverse crypto projects.
You can buy Gala Games at eToro here.
You can participate in the Metacade pre-sale here.
The post Metacade (MCADE) Is Different From Other Metaverse Projects Like Gala Games (GALA) – Here’s Why appeared first on Analytics Insight.
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