- Metacade presents itself to be the first community arcade on Web3 that could be considered a virtual hub for a number of purposes
- Metacade also offers the possibility of its community members making money in a lot of new ways
The world of crypto is in a state of constant change. Even though many interesting metaverse projects were presented during the crypto market’s latest cycle, senior projects like Enjin Coin and Axie Infinity are simply not considered to be as innovative as they once were. And the question is – where do we go from here?
The key to understanding the metaverse is to learn about the underlying technologies behind it. A BTC buying guide might come in handy, as it explains the phenomenon as well as its key components.
Metacade – what is it?
The third phase of the internet is widely known as Web3 or Web 3.0. Metacade presents itself to be the first community arcade on Web3 that could be considered a virtual hub for a number of purposes – gaming, socializing and hunting for jobs within the crypto industry. The aim is for people to visit the Metacade wanting to try new GameFi projects, looking to participate in game tournaments and interact with their friends.
Metacade also offers the possibility of its community members making money in a lot of new ways. Members are looking at the prospect of monetizing basically anything within the virtual hub that is Metacade: playing P2E games and winning highly competitive tournaments, posting content or staking MCADE tokens. There will also be a completely new tool available on Metacade: Metagrants. This tool will help community members to bring life to their best ideas in crypto gaming.
The potential market for Metacade is huge, and the project promises to offer something for everybody. And this broad market potential could actually be the key factor that will make Metacade stand out among all other metaverse projects.
MCADE – what does it do?
Within the metaverse, any type of virtual currency is referred to as “tokens”. MCADE is the token going up for use on the Metacade platform. As per usual, this virtual currency will be used for pretty much anything that goes on – pay-for-play-gaming, tournament participation, posting of open job positions at Metacade’s business platform, etc. All of Metacade will be powered by MCADE, which means that if the Metacade project is successful then so will its currency.
Can Metacade potentially change the metaverse in 2023?
So, what does Metacades potential success have in store for the metaverse industry moving forward? Is there any potential for the platform turning the whole metaverse on its head? Maybe. Let’s have a look.
In the center of everything: community
Metacade has taken a completely community-centric approach to its development. This is one big reason why the Metacade is considered different from other projects within the metaverse. There has been no intake of venture capital by the development team at Metacade, so the more the Metacade grows the more the community benefits.
This will probably help the project to organic growth and provide a sense of authenticity that will be hard to match by other projects. If it’s successful you can rest assured that other projects will follow suit.
An array of games available on site
Metacade has the potential of evolving into the Steam of Web 3.0. The developers’ intent is to offer players access to a vast array of games directly off the Metacade hub, and this is bound to greatly expand Metacade’s appeal to the online gaming community. And again, if this turns out to be the success Metacade is hoping for, other projects will most likely hop on the same train.
Funding for developers – Metagrants
Metagrants is perhaps the most intriguing aspect of the gaming side of Metacade. And one that may be the key factor to Metacade potentially winning the metaverse race. With Metagrants, Metacade will offer financing for developers of Web3 games. And incorporated in that deal, is the availability of the developed games for everyone to enjoy on the Metacade.
Where the money goes, developers will follow. And the gamers will follow developers. All things considered; it looks like it will be an interesting year in the metaverse in 2023.