Positioning itself as a hub of the Web3 community, this first gaming platform is set to appeal to gamers, investors, and entrepreneurs alike by offering a multitude of ways to win, play, and connect. It seems to be a central gathering place for all those interested in GameFi and the metaverse.
To ensure investor confidence, $MCADE has been audited by leading blockchain auditing firm CertiK, a security-focused platform that analyzes and monitors blockchain protocols and DeFi projects. CertiK verification and approval means that the code behind Metacade is highly secure and has been analyzed for weaknesses.
Metacade harnesses the power of Web3 to take blockchain gaming to the next level. The project goes beyond just playing to win, providing a place to find out what games are hot, view leaderboards, post game reviews, and access the latest and most advanced GameFi alpha.
Metacade’s head of product, Russell Bennet, said: “The crypto gaming space is crying out for a one-stop destination where we can all go and learn, win and play with other enthusiasts without having to hop between platforms.”
Metacade not only aims to enhance the existing P2E and metaverse worlds, but also foster the future of this space. The hallmark of the project is Metagrants, a source of funding given to game developers to bring new games to Metacade. The Metacade community will vote on which projects are funded to turn the collective vision into a reality on the platform. The first game developed with the first Metagrant will be released in 2024.
By the end of 2024, the project intends to transform into a DAO, handing over key roles and responsibilities to the Metacade community and achieving a fully community staffed business. It seeks to achieve this by implementing the Play2Earn, Create2Earn and Work2Earn functionalities with each of these initiatives giving a little more control of the project to the community in the coming years.
Reflecting on the core ethos of Metacade, Russell said, “We want to create a community that has no barriers to entry, whether you want to work in the space, launch a business or just hang out, go out, play and have fun.”
$MCADE has a fixed supply of 2 billion $MCADE tokens. Seventy percent of these (1.4 billion $MCADE tokens) will be available during the token pre-sale event. The remaining thirty percent will be used for stock listings, during development, providing liquidity, and funding the competition pool.
$MCADE is the utility and governance token that powers the project. It plays a crucial role in the functionality of the platform, as holders can use it to vote on the future direction of the project and new game proposals. It will be the main interaction tool with the Metacade ecosystem: owners will be able to use it to participate in exclusive tournaments and raffles, purchase merchandise and many other things as the platform develops.
Token holders will have many opportunities to earn rewards through the project. $MCADE holders can earn from activities like contributing content, reviewing and testing games, and generally participating in the ecosystem. $MCADE holders can also stake their tokens in liquidity pools to earn rewards and APY based on the amount staked. Stake rewards are paid out in a stablecoin amount instead of $MCADE to protect the value of funds from inflation and price fluctuations.
To further promote a deflationary attribute of the token, Metacade plans to introduce a burn mechanism or buy-back scheme. Burning tokens will help the ecosystem to permanently remove a certain percentage of the supply, which will reduce the overall supply and increase the value of $MCADE in the long run.
Immediately after the $MCADE presale is complete, Metacade will launch the website and create a founding team. In the first quarter of 2023, the goal is to list the $MCADE token on Uniswap and the top five centralized exchanges, along with popular crypto aggregators. With an ambitious roadmap, Metacade is on its way to revolutionizing the way a traditional community center is owned and operated.
The Metacade Beta sale has now sold over $670,000 worth of tokens in less than two weeks and at press time has less than 40% remaining.
To purchase $MCADE, visit metacade.co and join the presale now.
About GameFi GameFi, one of the most promising and talked about sectors of Web3, creates a virtual gaming ecosystem that is based on the use of cryptocurrencies, non-fungible tokens (NFTs) and blockchain technology. At the core of the GameFi ecosystem is the play-to-earn (P2E) gaming model. Unlike the traditional pay-per-play model, P2E allows players to earn financial rewards by participating in challenges and tasks.
About Metacade metacade it is the primary destination for games in the metaverse. As Web3’s first community game room that allows players to hang out, share game knowledge and play exclusive P2E games. The platform offers users multiple ways to generate income, build careers on Web3, and connect with the gaming community at large.
Metacade will be the one stop destination for users to play, win and network with other passionate gamers from around the world. Once the project reaches the end of its roadmap, Metacade will be released to the community as a full DAO. After all, Metacade wants you to be involved in shaping the GameFi world of tomorrow.
Product Manager russell bennett metacade email@example.com