Three Metaverse Hits in 2023: MANA, SAND, and MCADE
The metaverse appears on track to play a huge role in the future of gaming. Even if it takes a while to gain mass adoption, there are set to be significant gains for early entrants. Three promising projects shaping up on the horizon are Decentraland (MANA), The Sandbox (SAND), and Metacade (MCADE). Let’s dig deeper into the prospects of each.
What is Metacade?
Metacade plans to be a new Web3 community specifically for gamers. The platform is building a unique offering for socializing, gaming, and project collaboration. Currently under construction its core play-to-earn (P2E) arcade that will be community-driven, with investors able to vote on governance and future development of titles. The project will offer bounties to the best game ideas to ensure a steady stream of new games, pushing to become a dominant presence in the global gaming sector.
Decentraland (MANA) has Already Made Virtual Strides
Decentraland (MANA) hosts a popular metaverse game built on the Ethereum blockchain, which focuses on purchasing and customizing virtual land. The purchase of virtual space is made possible with a non-fungible asset called LAND. In order to hold land, you need to first purchase the MANA token on exchanges.
The driving theme of the Decentraland world is that land spaces are fully-customizable. Some players have hosted games, others recreated famous landmarks, while yet some joined forces to create communities with a common theme. There is also a Decentraland marketplace where you can purchase clothes and accessories for virtual characters.
Many big-name corporations have been eyeing land parcels and the Atari games development company even built a casino on one they recently purchased. Future developments could become even more interesting as virtual reality headsets become commonplace and allow for novel spaces to be explored.
The Sandbox wants to be the ‘Manhattan’ of the Metaverse
As the name suggests, the Sandbox is another building project – the founder of which said that they wanted to create a “Manhattan of the Metaverse”. As a platform that was developed near the beginning of the metaverse transition, the Sandbox certainly has a first-mover advantage. Tokens.com chief executive Andrew Kiguel described a recent purchase of digital land as similar to buying in central Manhattan 250 years ago.
Players will be able to create anything they want in The Sandbox and monetize it with non-fungible tokens. This project might especially appeal to serious developers who could benefit from getting to work before the avatars arrive en masse.
Why should you invest in Metacade?
Early-mover projects into a space are typically rewarded with a surge in return on investment. Decentraland and The Sandbox saw their tokens explode last year, peaking when Facebook announced a pivot of its business model to fully embrace the metaverse. Research from Bloomberg Intelligence has said that the metaverse could ultimately be worth $800 billion.
Metacade, with its arcade theme offering multiple titles in one location is unique to the play-to-earn genre, which until now has become crowded by single titles – such as Axie Infinity. Metacade will bring a stream of community-approved titles and really, what could be better than hanging out at your local arcade every night in the metaverse? As a project directly looking to capitalize on the interest in metaverse gaming, it’s now heading for a Q4 presale – and investors should certainly consider snapping it up while it is still relatively under the radar.
Conclusion
It is still early in the day for the metaverse. Decentraland and The Sandbox will continue to build out their virtual worlds, but both of these projects have really already seen their big investment gains. The key, as always, is in what’s coming next – and Metacade could well be a good option for investors. The platform intends to offer a unique play-to-earn arcade model that fits perfectly with the social aspects of the metaverse. Investors should at least take note – the presale begins soon in Q4.
You can buy MANA and SAND on etoro here.
You can participate in the Metacade pre-sale here.
The post Three Metaverse Hits in 2023: MANA, SAND, and MCADE appeared first on Analytics Insight.
The metaverse appears on track to play a huge role in the future of gaming. Even if it takes a while to gain mass adoption, there are set to be significant gains for early entrants. Three promising projects shaping up on the horizon are Decentraland (MANA), The Sandbox (SAND), and Metacade (MCADE). Let’s dig deeper into the prospects of each.
What is Metacade?
Metacade plans to be a new Web3 community specifically for gamers. The platform is building a unique offering for socializing, gaming, and project collaboration. Currently under construction its core play-to-earn (P2E) arcade that will be community-driven, with investors able to vote on governance and future development of titles. The project will offer bounties to the best game ideas to ensure a steady stream of new games, pushing to become a dominant presence in the global gaming sector.
Decentraland (MANA) has Already Made Virtual Strides
Decentraland (MANA) hosts a popular metaverse game built on the Ethereum blockchain, which focuses on purchasing and customizing virtual land. The purchase of virtual space is made possible with a non-fungible asset called LAND. In order to hold land, you need to first purchase the MANA token on exchanges.
The driving theme of the Decentraland world is that land spaces are fully-customizable. Some players have hosted games, others recreated famous landmarks, while yet some joined forces to create communities with a common theme. There is also a Decentraland marketplace where you can purchase clothes and accessories for virtual characters.
Many big-name corporations have been eyeing land parcels and the Atari games development company even built a casino on one they recently purchased. Future developments could become even more interesting as virtual reality headsets become commonplace and allow for novel spaces to be explored.
The Sandbox wants to be the ‘Manhattan’ of the Metaverse
As the name suggests, the Sandbox is another building project – the founder of which said that they wanted to create a “Manhattan of the Metaverse”. As a platform that was developed near the beginning of the metaverse transition, the Sandbox certainly has a first-mover advantage. Tokens.com chief executive Andrew Kiguel described a recent purchase of digital land as similar to buying in central Manhattan 250 years ago.
Players will be able to create anything they want in The Sandbox and monetize it with non-fungible tokens. This project might especially appeal to serious developers who could benefit from getting to work before the avatars arrive en masse.
Why should you invest in Metacade?
Early-mover projects into a space are typically rewarded with a surge in return on investment. Decentraland and The Sandbox saw their tokens explode last year, peaking when Facebook announced a pivot of its business model to fully embrace the metaverse. Research from Bloomberg Intelligence has said that the metaverse could ultimately be worth $800 billion.
Metacade, with its arcade theme offering multiple titles in one location is unique to the play-to-earn genre, which until now has become crowded by single titles – such as Axie Infinity. Metacade will bring a stream of community-approved titles and really, what could be better than hanging out at your local arcade every night in the metaverse? As a project directly looking to capitalize on the interest in metaverse gaming, it’s now heading for a Q4 presale – and investors should certainly consider snapping it up while it is still relatively under the radar.
Conclusion
It is still early in the day for the metaverse. Decentraland and The Sandbox will continue to build out their virtual worlds, but both of these projects have really already seen their big investment gains. The key, as always, is in what’s coming next – and Metacade could well be a good option for investors. The platform intends to offer a unique play-to-earn arcade model that fits perfectly with the social aspects of the metaverse. Investors should at least take note – the presale begins soon in Q4.
You can buy MANA and SAND on etoro here.
You can participate in the Metacade pre-sale here.
The post Three Metaverse Hits in 2023: MANA, SAND, and MCADE appeared first on Analytics Insight.
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