There is no escaping the global economic turmoil. Around the world, there have been price-hike inflation and supply chain problems as we slowly return to the new normal after the COVID-19 pandemic. Developing countries are often disproportionately affected by the negative effects of global financial problems, but Web3 is offering an innovative way to mitigate some of these problems.
Decentralized finance (DeFi) is revolutionizing the way people experience the world of finance. A perfect example is GameFi, a fusion of DeFi and gaming. Many in developed countries are adopting play-to-earn (P2E) mechanics to supplement their income, giving a huge advantage to companies such as Metacade, the new blockchain-based gaming company.
What benefits will the adoption of games on blockchain give Metacade?
The biggest challenge associated with games on the blockchain is creating a strong user base. The growing market of gamers in developing countries is likely to give Metacade a significant boost, given the appeal of the Metacade ecosystem.
Expected increases in the price of the Metacade token could be achieved much sooner due to faster-than-expected user growth. In this case, the many investors who have already managed to purchase MCADE tokens at incredibly low presale prices will likely be ecstatic about the news.
What is Metacade?
Metacade is a new project by GameFi that has turned the heads of many in the cryptocurrency world after the publication of its detailed whitepaper and the huge interest in the presale, raising an impressive $9.4m in just 15 weeks since its inception.
The heart of the Metacade ecosystem, and one of its most valued components, is the P2E (play-to-earn) arcade, which will be the largest in the world.
Users who play on the Metacade platform will earn rewards. All types of gameplay are planned, from casual and relaxed to more competitive for those who want to climb the community leaderboards.
Investors have been won over by the incredible value of the MCADE token, which will be used across the entire Metacade ecosystem and will allow investors to receive a steady passive income stream through staking in anticipation of appreciation.
How high can MCADE go in 2023?
The great attention to Metacade’s presale shows that the project has enormous potential in the eyes of savvy investors. With planned releases in 2023 and a host of other activities that will raise awareness, the price of MCADE will likely skyrocket in 2023.
With the number of growing users that industry professionals anticipate, MCADE could experience a huge surge in purchase demand. This is further reinforced by the growing interest in P2E gaming worldwide.
If the stars align, we could see the price of MCADE break through the $1 barrier, a significant 50-fold increase over the final presale price.
What could the price of MCADE be by the end of 2025?
Should Metacade live up to the extraordinarily high potential that investor circles believe it has, the project could be headed for an incredible price appreciation by the end of 2025.
As more and more users come on board and Bitcoin halves in 2024, which is likely to kick off the next upward rush, we could see demand for the MCADE token rise to extremely high levels. This could mean that with such beneficial tokenomics, the price of MCADE will rise to $10 per token, as this would require a market cap of only $20 billion, less than a third of the all-time high reached by the low utility project Dogecoin (DOGE).
Is MCADE a good investment?
The opportunity MCADE is presenting is one not often seen in the cryptocurrency world. The vast majority of projects with such high potential are rarely available to ordinary investors at the incredible discount offered in the presale.
Being able to buy a utility token for a project that has a clear and well-considered plan to dominate the growing blockchain gaming industry could be a life-changing opportunity for those who are smart enough to get involved early on – this means Metacade is not just a good investment, but an extraordinary opportunity.
You can join the Metacade presale here.
*This article has been paid for. The Cryptonomist did not write the article or test the platform.