Too Late on Decentraland (MANA)? Metacade’s (MCADE) Presale Starts in November 2022
Decentraland’s token, MANA, offered its early investors outstanding gains in 2021. With the token well below pre-peak prices, some have wondered whether now is a good time to get in on one of crypto’s most valuable metaverse projects. But a new entrant, Metacade, is starting to turn heads with its visionary plans for the future of play to earn and metaverse gaming.
In this article, we’ll show you why putting your money into Metacade might be your next best investment instead of Decentraland.
Decentraland (MANA) Popped When Facebook Entered the Metaverse
Decentaland is a virtual world that allows its users to express their creativity and build almost anything they can imagine, from art galleries and nightclubs to haunted houses and entire public transport systems. To begin, players must first own some of Decentraland’s virtual land via a LAND NFT, which can be bought from Decentraland’s marketplace using the MANA token.
Decentraland was thrust back into the spotlight after Facebook announced its big bet on the metaverse in October 2021. This caused MANA to go from being worth $0.75 on the 28th of October to as much as $4.95 two days later on the 30th. Eventually, MANA peaked at $5.90 on the 25th of November – an approximate 690% return in less than a month. If you missed out on MANA, don’t worry because Metacade could easily blow these gains out of the water.
What is Metacade (MCADE)?
Metacade is an up-and-coming community hub with grand plans to be the beating heart of the rapidly-growing GameFi industry. It’s a virtual arcade where users go to link up with other gamers, developers, crypto fanatics, and entrepreneurs to have their say on the future of play to earn gaming.
Metacade’s ultimate goal is to make GameFi accessible to everyone. That’s why they’re planning to be the number one platform for learning about, earning more from, and becoming directly involved in the latest P2E titles, regardless of a user’s background. By putting the community first at every step, Metacade is placing the future direction of gaming back into the hands of the players.
What Makes Metacade (MCADE) Special?
To incentivise experienced players to share their secret sauce with the rest of the community, Metacade is rewarding gamers with the MCADE token every time they post reviews, tips, or content that helps others get ahead in the competitive world of Play2Earn. These aren’t the only ways you can boost your gaming income through Metacade, however. Winners of exclusive tournaments can receive large cash prizes for competing in their favourite games, while those who love to explore the latest games can earn MCADE tokens for their role as beta testers.
Some of these games they’ll be testing will come directly from Metacade’s developer community. That’s right: Metacade is planning to launch its own exclusive titles through Metagrants. Metagrants are a funding tool used to allocate resources to games the Metacade collective wants to see developed. This is determined in a competition that will see developers going head-to-head to win against dozens of other ideas – and there can only be one winner.
By the time Metacade has a few titles under its belt, the training wheels are ready to come off to let the community govern itself through a decentralised autonomous organisation (DAO). This will see Metacade’s core team stepping down and handing over leadership positions to the community’s most valued members. From here, the Metacade community will be able to vote on key decisions, such as token supply restriction, new features, partnerships, leadership roles, and more.
Investing in Decentraland (MANA) vs. Metacade (MCADE)
While investing in a popular metaverse token such as Decentraland might seem appealing at first, it becomes much less attractive when you start to compare it to a token like Metacade.
To start, Decentraland’s player count has been called into question recently. CoinDesk reported that, despite having a $1.3b valuation, Decentraland had only 38 daily active users. Decentraland disputed this, as stated in The Verge, arguing it actually has around 8,000 active users. For perspective, Left 4 Dead 2, a game launched in 2008, has 20,000 daily active users according to SteamDB.
For Decentraland to see prices as high as $5.90 again, they’ll need to pull something spectacular out of the bag to encourage its user base to grow. Looking at Decentraland’s roadmap, it’s hard to see this being the case in the near future.
Meanwhile, Metacade is in a position to see exponential growth as the GameFi industry grows, while staying relatively unaffected by any game in its ecosystem failing. As the token is still in presale, MCADE is in a much better position to see substantial gains over MANA. In fact, now is the prime opportunity to get in on the ground floor and join Metacade on its journey to becoming a leader in the GameFi industry as the world’s first player-owned virtual arcade.
You can buy Decentraland at eToro here.
You can participate in the Metacade pre-sale here.
The post Too Late on Decentraland (MANA)? Metacade’s (MCADE) Presale Starts in November 2022 appeared first on Analytics Insight.
Decentraland’s token, MANA, offered its early investors outstanding gains in 2021. With the token well below pre-peak prices, some have wondered whether now is a good time to get in on one of crypto’s most valuable metaverse projects. But a new entrant, Metacade, is starting to turn heads with its visionary plans for the future of play to earn and metaverse gaming.
In this article, we’ll show you why putting your money into Metacade might be your next best investment instead of Decentraland.
Decentraland (MANA) Popped When Facebook Entered the Metaverse
Decentaland is a virtual world that allows its users to express their creativity and build almost anything they can imagine, from art galleries and nightclubs to haunted houses and entire public transport systems. To begin, players must first own some of Decentraland’s virtual land via a LAND NFT, which can be bought from Decentraland’s marketplace using the MANA token.
Decentraland was thrust back into the spotlight after Facebook announced its big bet on the metaverse in October 2021. This caused MANA to go from being worth $0.75 on the 28th of October to as much as $4.95 two days later on the 30th. Eventually, MANA peaked at $5.90 on the 25th of November – an approximate 690% return in less than a month. If you missed out on MANA, don’t worry because Metacade could easily blow these gains out of the water.
What is Metacade (MCADE)?
Metacade is an up-and-coming community hub with grand plans to be the beating heart of the rapidly-growing GameFi industry. It’s a virtual arcade where users go to link up with other gamers, developers, crypto fanatics, and entrepreneurs to have their say on the future of play to earn gaming.
Metacade’s ultimate goal is to make GameFi accessible to everyone. That’s why they’re planning to be the number one platform for learning about, earning more from, and becoming directly involved in the latest P2E titles, regardless of a user’s background. By putting the community first at every step, Metacade is placing the future direction of gaming back into the hands of the players.
What Makes Metacade (MCADE) Special?
To incentivise experienced players to share their secret sauce with the rest of the community, Metacade is rewarding gamers with the MCADE token every time they post reviews, tips, or content that helps others get ahead in the competitive world of Play2Earn. These aren’t the only ways you can boost your gaming income through Metacade, however. Winners of exclusive tournaments can receive large cash prizes for competing in their favourite games, while those who love to explore the latest games can earn MCADE tokens for their role as beta testers.
Some of these games they’ll be testing will come directly from Metacade’s developer community. That’s right: Metacade is planning to launch its own exclusive titles through Metagrants. Metagrants are a funding tool used to allocate resources to games the Metacade collective wants to see developed. This is determined in a competition that will see developers going head-to-head to win against dozens of other ideas – and there can only be one winner.
By the time Metacade has a few titles under its belt, the training wheels are ready to come off to let the community govern itself through a decentralised autonomous organisation (DAO). This will see Metacade’s core team stepping down and handing over leadership positions to the community’s most valued members. From here, the Metacade community will be able to vote on key decisions, such as token supply restriction, new features, partnerships, leadership roles, and more.
Investing in Decentraland (MANA) vs. Metacade (MCADE)
While investing in a popular metaverse token such as Decentraland might seem appealing at first, it becomes much less attractive when you start to compare it to a token like Metacade.
To start, Decentraland’s player count has been called into question recently. CoinDesk reported that, despite having a $1.3b valuation, Decentraland had only 38 daily active users. Decentraland disputed this, as stated in The Verge, arguing it actually has around 8,000 active users. For perspective, Left 4 Dead 2, a game launched in 2008, has 20,000 daily active users according to SteamDB.
For Decentraland to see prices as high as $5.90 again, they’ll need to pull something spectacular out of the bag to encourage its user base to grow. Looking at Decentraland’s roadmap, it’s hard to see this being the case in the near future.
Meanwhile, Metacade is in a position to see exponential growth as the GameFi industry grows, while staying relatively unaffected by any game in its ecosystem failing. As the token is still in presale, MCADE is in a much better position to see substantial gains over MANA. In fact, now is the prime opportunity to get in on the ground floor and join Metacade on its journey to becoming a leader in the GameFi industry as the world’s first player-owned virtual arcade.
You can buy Decentraland at eToro here.
You can participate in the Metacade pre-sale here.
The post Too Late on Decentraland (MANA)? Metacade’s (MCADE) Presale Starts in November 2022 appeared first on Analytics Insight.
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