2023 is nearing its end, and eyes are already beginning to turn toward 2024. With an expected bull market looming in 2025, eager investors are eyeing which crypto to buy to start the new year profitably. Play-to-earn gaming platform Metacade is following up on its successful crypto presale event, which concluded earlier in 2023. It’s a serious contender for the best crypto to buy in the final couple of months of 2023 as it pushes towards becoming a GameFi market leader in 2024.
This coincides with a string of new developments and features set to push Metacade into the blockchain gaming mainstream, with the mainnet debuting at the end of October 2023. Other plans include a fresh staking mechanism and a much-anticipated partnership with Polygon, which will likely open up new investment streams for the platform’s native MCADE token.
Here’s why Metacade is considered one of the best new P2E platforms in the GameFi sector and the purists’ choice for gaming investment enthusiasts wondering which crypto to buy now.
Metacade launches its mainnet after a stunning $16.4 million ICO success
The Metacade ICO concluded in April 2023 after successfully selling out its $16.4 million token presale. Since then, this community-based GameFi platform has gone from strength to strength, building its developer bases and announcing partnerships with top-level gaming studios.
The newest development due to leave the shelf and go live at the end of October 2023 is the platform’s much-awaited mainnet launch, which will see the first games developed with partner designers MetaStudio go live. This partnership has been burgeoning since it collaborated on launching the NFT release and Rune Realms gaming title.
As the mainnet coincides with new games released on Metacade, the development opens up opportunities for further collaborations across different blockchain providers. Meanwhile, to help promote Metacade’s ongoing development, a partnership with PR agency Phenoms will see influencers promote the GameFi platform to a brand-new audience potential audience base.
Already seen as a pioneering P2E gaming platform during its ICO, Metacade is making good on its promises by building community engagement and exciting partnerships to extend its reach into new Web3 realms.
Metacade is also releasing a new crypto-staking pool.
The new Metacade developments don’t stop there. Alongside the release of its mainnet, Metacade is developing a new crypto staking pool to replace its original one that ended on 7th October 2023.
With a token pool size of 500 million MCADE tokens, this second staking pool has gone live and will run for six months with a fixed token supply. Explicitly designed to coincide with the mainnet release, Metacade offers handsome rewards for participation.
Users who stake their tokens can look forward to a lifetime Metacader pass, which offers early-bird access to new Web3 utilities. All this is in addition to a staggering 25% APY return on investment, one of the most generous passive yields available anywhere within the crypto landscape. Excess tokens will be ‘burned’ to maintain scarcity and ensure that the MCADE tokens in circulation retain their value.
This is excellent news for investors, particularly as the staking pool will likely significantly increase Metacade’s market cap. If more token holders stake their coins to validate transactions, the circulating supply reduces and enhances platform security.
What is Metacade?
Metacade is the world’s first community-owned multi-title blockchain gaming arcade where gamers and crypto enthusiasts collaborate within the platform’s dynamic community hub. Metacade is already living up to its early promise by providing GameFi and Web3 fans with some of the best games within the blockchain gaming sphere. Exciting titles such as Oxya Origin and Ember Sword will soon be released.
At the heart of Metacade’s appeal is its all-encompassing and comprehensive P2E rewards mechanism. At the same time, those who contribute to building the community hub by socially interacting with game developers and publishing reviews can also receive MCADE tokens. Not only that, the ground-breaking Metagrants scheme is up and running, offering crypto funding to developers to submit games chosen by the Metacade community.
Metacade’s commitment to its community is best illustrated by its regular AMAs, where users can ask the team questions about its plans. Check out Metacade’s social media channels for details of upcoming sessions.
How does Metacade work?
Users have four different ways to earn. The P2E model allows gamers to earn revenue as they play games, progress through levels, conquer opponents, and achieve particular objectives. Meanwhile, the Compete2Earn scheme will enable users to enter online gaming competitions with MCADE tokens to take on other players with potentially lucrative prizes up for grabs.
Create2Earn rewards users who prolifically contribute to helping build the community. Rewards are earned for posting content, engaging with other users, and helping the Metacade community flourish.
At the beginning of 2024, Metacade’s fourth income stream will launch with the Work2Earn initiative. External companies can post exciting Web3 vacancies that Metacade community members can apply for. Opportunities will range from beta testing new games to full-time developer career opportunities within the blockchain sector.
This is all funded by Metacade’s ‘Metanomics’ economic system. It aims to make Metacade self-sustainable by generating revenue through advertising, tournaments, job listings, pay-to-play arcade titles, and Metacade’s much-anticipated launchpad tool.
Metacade’s new developments make it an exciting investment choice for 2023
After initial price rises upon release on crypto exchanges, the value of the MCADE token fell due to the overall bearish market sentiment. However, the investment community and broader market will be reassured that Metacade is making good on its promises and looks likely to push on in 2023’s last couple of months.
With several exciting partnerships in the bag, including one with Polygon Labs, which looks likely to introduce Metacade to a global gaming audience while continuing to revolutionize the GameFi landscape, Metacade’s future looks bright.
Still in its infancy, with several exciting developments in the next few months, Metacade looks like a compelling investment option for anyone wondering which crypto to buy now. With its uniting cause, a new staking pool with a hugely enticing 25% ROI, and a partnership with Transak that allows MCADE to be bought with 0% fees, it’s no wonder that so many are once again touting Metacade as the best crypto to buy now ahead of an exciting 2024.You can buy the MCADE token via the Metacade website.
