Metacade (MCADE) Presale is Driving Interest as Ethereum Price Keeps Falling
With the price of Ethereum (ETH) keeps falling, crypto investors are beginning to look at newer projects for more reliable gains. One of those projects currently in presale is Metacade, a strong contender to quickly become a leader at the forefront of Play2Earn gaming.
Today, we’ll explain what’s behind the Ethereum price falling and why Metacade is drawing significant interest from early investors. Let’s dive right in.
Why is Ethereum’s (ETH) Price Falling?
Ethereum is the second most valuable token by market cap and is the primary smart contract platform powering thousands of dApps. However, its price action over the past few months has left a lot to be desired. After falling from a high of $4868 in November 2021, Ethereum dipped to a low of $881 in June 2022, losing nearly 82% of its value in the process. Since a rebound back to $2030 in August, Ethereum is back down to $1300 in October.
But why is Ethereum’s price falling? Like most other crypto assets, it’s because of a decline in demand due to predictions of an impending recession, inflation, and rising interest rates across the globe. There are two Federal Reserve interest rate decisions being made before the end of the year, and if September’s headline inflation of 8.2% is anything to go off, more interest rate hikes are coming soon.
All of this is likely to keep Ethereum’s price falling for the time being. Meanwhile, a new token called Metacade is expected to outperform most of the market in the coming months, with its presale already attracting significant attention.
What is Metacade (MCADE)?
Metacade is a community hub that’s shaping up to be the leading platform for everything GameFi. It’s slated to be a place where gamers, crypto fanatics, developers, and entrepreneurs can go to immerse themselves in Web3 culture. At the same time, users can discover the latest Play2Earn games, boost their gaming income, and directly influence the future of gaming.
Metacade’s vision is to build a thriving, self-governing community that puts gamers first by putting them in control. With the gaming industry increasingly becoming dominated by the games-as-a-service (GaaS) model and microtransactions, Metacade aims to be a breath of fresh air by emphasising user value at every step. This approach has led to some investors jumping in early on the Metacade presale after seeing Ethereum’s price falling.
Why is the Metacade (MCADE) Presale Gaining Interest?
A Platform That Has It All
Part of Metacade’s ambition is to be a one-stop platform for everything GameFi. As the GameFi industry is rapidly evolving each day, it can be tricky knowing where to start if you’re new to Play2Earn. Metacade will be the platform where you can find reviews, leaderboards, and alpha to help anyone make a start in Play2Earn gaming. But more than that, you’ll find live chat and dedicated forums for games to help you find the answers you’re looking for.
Rewards for Simply Sharing Your Knowledge
To incentivise players to share their knowledge with others and make Metacade the premier repository for everything GameFi, users are rewarded with the native MCADE token every time they share a review, tips, or long-form content. Even if you’re not an experienced player, you can still earn for sharing your thoughts and supporting the platform!
Funding for GameFi’s Brightest Minds
You might’ve noticed that, over the past few years, game studios have been frequently putting out games that inexplicably remove features players used to love and add new features that players loathe, Battlefield 2042 being a prime example. Metacade aims to put a stop to this by launching Metagrants, which will work as a way for the community to allocate funding to the games they’re most excited about playing. This allocation is, of course, done via the MCADE token.
To win a Metagrant, developers must first enter their idea into a competition for the Metacade community to vote on. The winner receives life-changing financing to build their project, with the option to test their project on the game’s biggest fans using Metacade’s native testing environment. Metacade’s ultimate goal is to have its virtual arcade filled with dozens of these community-endorsed titles.
A Platform Governed by the Players
Once Metacade becomes a bubbling community responsible for creating some of the very best Play2Earn games, it’s time for the core team to step back and let the players take control by forming a decentralised autonomous organisation (DAO). After this point, MCADE token holders will play a vital role in the platform’s future, voting on the key decisions that will propel Metacade to industry-leading status. When this happens, Metacade will become the world’s first community-owned virtual arcade – a platform built for gamers, owned by gamers. And underpinning this innovation in gaming is the MCADE token.
Metacade (MCADE) Could Be a Much Better Investment Than Ethereum (ETH)
With the Ethereum price falling due to macro headwinds, looking for smaller projects that are more sensitive to rapid user growth and investment will probably be your best bet. As you can see for yourself, Metacade is planning some fantastic features that are likely to attract thousands of gamers dismayed by the current state of the gaming industry.
Coupled with the fact that GameFi is expected to grow at 10x the rate of traditional gaming by 2025, according to Crypto.com, Metacade could see an explosion in its user base. That very explosion is set to drive up the MCADE token price at an incredible rate. With the Metacade presale just starting, now could be the perfect opportunity to become an early investor in one of GameFi’s most exciting projects.
You can participate in the Metacade pre-sale here.
The post Metacade (MCADE) Presale is Driving Interest as Ethereum Price Keeps Falling appeared first on Analytics Insight.
With the price of Ethereum (ETH) keeps falling, crypto investors are beginning to look at newer projects for more reliable gains. One of those projects currently in presale is Metacade, a strong contender to quickly become a leader at the forefront of Play2Earn gaming.
Today, we’ll explain what’s behind the Ethereum price falling and why Metacade is drawing significant interest from early investors. Let’s dive right in.
Why is Ethereum’s (ETH) Price Falling?
Ethereum is the second most valuable token by market cap and is the primary smart contract platform powering thousands of dApps. However, its price action over the past few months has left a lot to be desired. After falling from a high of $4868 in November 2021, Ethereum dipped to a low of $881 in June 2022, losing nearly 82% of its value in the process. Since a rebound back to $2030 in August, Ethereum is back down to $1300 in October.
But why is Ethereum’s price falling? Like most other crypto assets, it’s because of a decline in demand due to predictions of an impending recession, inflation, and rising interest rates across the globe. There are two Federal Reserve interest rate decisions being made before the end of the year, and if September’s headline inflation of 8.2% is anything to go off, more interest rate hikes are coming soon.
All of this is likely to keep Ethereum’s price falling for the time being. Meanwhile, a new token called Metacade is expected to outperform most of the market in the coming months, with its presale already attracting significant attention.
What is Metacade (MCADE)?
Metacade is a community hub that’s shaping up to be the leading platform for everything GameFi. It’s slated to be a place where gamers, crypto fanatics, developers, and entrepreneurs can go to immerse themselves in Web3 culture. At the same time, users can discover the latest Play2Earn games, boost their gaming income, and directly influence the future of gaming.
Metacade’s vision is to build a thriving, self-governing community that puts gamers first by putting them in control. With the gaming industry increasingly becoming dominated by the games-as-a-service (GaaS) model and microtransactions, Metacade aims to be a breath of fresh air by emphasising user value at every step. This approach has led to some investors jumping in early on the Metacade presale after seeing Ethereum’s price falling.
Why is the Metacade (MCADE) Presale Gaining Interest?
A Platform That Has It All
Part of Metacade’s ambition is to be a one-stop platform for everything GameFi. As the GameFi industry is rapidly evolving each day, it can be tricky knowing where to start if you’re new to Play2Earn. Metacade will be the platform where you can find reviews, leaderboards, and alpha to help anyone make a start in Play2Earn gaming. But more than that, you’ll find live chat and dedicated forums for games to help you find the answers you’re looking for.
Rewards for Simply Sharing Your Knowledge
To incentivise players to share their knowledge with others and make Metacade the premier repository for everything GameFi, users are rewarded with the native MCADE token every time they share a review, tips, or long-form content. Even if you’re not an experienced player, you can still earn for sharing your thoughts and supporting the platform!
Funding for GameFi’s Brightest Minds
You might’ve noticed that, over the past few years, game studios have been frequently putting out games that inexplicably remove features players used to love and add new features that players loathe, Battlefield 2042 being a prime example. Metacade aims to put a stop to this by launching Metagrants, which will work as a way for the community to allocate funding to the games they’re most excited about playing. This allocation is, of course, done via the MCADE token.
To win a Metagrant, developers must first enter their idea into a competition for the Metacade community to vote on. The winner receives life-changing financing to build their project, with the option to test their project on the game’s biggest fans using Metacade’s native testing environment. Metacade’s ultimate goal is to have its virtual arcade filled with dozens of these community-endorsed titles.
A Platform Governed by the Players
Once Metacade becomes a bubbling community responsible for creating some of the very best Play2Earn games, it’s time for the core team to step back and let the players take control by forming a decentralised autonomous organisation (DAO). After this point, MCADE token holders will play a vital role in the platform’s future, voting on the key decisions that will propel Metacade to industry-leading status. When this happens, Metacade will become the world’s first community-owned virtual arcade – a platform built for gamers, owned by gamers. And underpinning this innovation in gaming is the MCADE token.
Metacade (MCADE) Could Be a Much Better Investment Than Ethereum (ETH)
With the Ethereum price falling due to macro headwinds, looking for smaller projects that are more sensitive to rapid user growth and investment will probably be your best bet. As you can see for yourself, Metacade is planning some fantastic features that are likely to attract thousands of gamers dismayed by the current state of the gaming industry.
Coupled with the fact that GameFi is expected to grow at 10x the rate of traditional gaming by 2025, according to Crypto.com, Metacade could see an explosion in its user base. That very explosion is set to drive up the MCADE token price at an incredible rate. With the Metacade presale just starting, now could be the perfect opportunity to become an early investor in one of GameFi’s most exciting projects.
You can participate in the Metacade pre-sale here.
The post Metacade (MCADE) Presale is Driving Interest as Ethereum Price Keeps Falling appeared first on Analytics Insight.
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