Information

Metacade Could Be the New Decentraland – According To Reddit

Author: Coinpedia
author-profile

Coinpedia right arrow

Author

Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]

    news-image

    The cryptocurrency market is looking for the next big thing and that could be Metacade, according to some of the chatter on Reddit. The popular investment channels on Reddit can sometimes be the fuel that ignites meme coin surges in a token’s price. Investors there are catching on to Metacade which is looking to disrupt the world of metaverse play to earn (P2E) gaming.

    What is Metacade?

    Metacade aims to be the ultimate community hub for metaverse gamers and gaming developers. Titles like Axie Infinity have shown how popular blockchain and metaverse gaming will be and you will find all of those games at Metacade. Players will be coming to the Metacade arcade to meet, earn money, and play a part in the future of Web3 and metaverse gaming.

    The Metacade platform will be fully driven by the community and will be an all-in-one platform providing value for developers, gamers, and investors at every step. Users can earn rewards and help the community with the MCADE token, whether they review play to earn titles, share tips, or test the latest metaverse games. This encourages the community to work together and build Metacade into the ultimate GameFi destination.

    This is only the start, as Metacade has plenty of disruptive ideas that could see it become one of the hottest metaverse gaming tokens on the market.

    What is Decentraland?

    Decentraland was one of the original entrants into the blockchain virtual universe. The project states that you can “create, explore, and trade in the first-ever virtual world owned by its users.” Decentraland’s MANA token trades on large crypto exchanges and can be used to acquire LAND tokens. These are the utility token used within the game to buy virtual land parcels. Once that land is purchased, users can use it to host whatever they want there. Holders of land parcels have hosted games, created parlors, and aligned with other landowners to create whole neighbourhoods. The project saw its token price rocket higher last year as talk of the metaverse heated up.

    Why should you invest in the metaverse?

    The term “metaverse” was first used in 1992 in the science fiction novel, Snow Crash, by Neal Stephenson. In the novel, humans use avatars to interact with each other in a three-dimensional virtual world and investors are taking note as that’s happening with today’s Metaverse.

    A recent report by Bloomberg said that global Metaverse revenue could reach $800 billion in 2024 vs. previous forecasts for $500 billion in 2020. Huge corporations like Walmart are also following Meta Platforms into the metaverse. The retail giant wants to eventually sell virtual products in the form of clothes, accessories, and furniture for your digital land. Investors should be looking to jump on board this train before it leaves the station as prices could blast higher in the blink of an eye.

    Why should you invest in Metacade?

    Metacade has all the attributes that Decentraland had and can see a similar surge in popularity. In reality, once Metacade disrupts the P2E market with a virtual arcade, the platform could even buy land on Decentraland to host it and gather a larger community. Decentraland saw its MANA token explode last year when Facebook announced a pivot of its business model to the metaverse. Meta platforms will be spending big on the metaverse and looking to grow the number of visitors rapidly. Metacade can be at the forefront of the virtual experience with gamers able to hang out and earn money.

    Conclusion

    Decentraland capitalised on its early-mover advantage in 2021 when the NFT craze swept through the cryptocurrency market. A surge in the project’s MANA token peaked in November 2021 and the platform also saw a record $2.4 million virtual land sale. The only way to keep going up for the metaverse is by bringing something truly unique to the table. Metacade is set to do just that with a community-driven P2E gaming hub. Investors who missed out on the MANA stampede should seriously consider this one.

    You can participate in the Metacade pre-sale here.

    Disclaimer and Risk Warning

    The article is intended for informational purposes only and should not be considered professional advice or a substitute for specific expertise. Coinpedia is not responsible, directly or indirectly for any losses incurred as a result or in connection with the utilization or dependence on any content, products, or services mentioned. Readers should do their research before taking any actions related to the company. Contact us if you have any issues or concerns.

    Show More

    Was this writing helpful?

    No Yes

    Related Articles

    Back to top button