Monat: Februar 2023

A public spat between the old and new CEOs of FTX has recently hit the headlines, but investors have not lost confidence in the future of Web3. Metacade, a brand-new project, is helping the industry move away from the FTX collapse, with significant success already during the first half of its presale.

More FTX news in the wake of the FTX collapse

After the FTX collapse in November 2022, Sam Bankman-Fried has struggled to stay out of the headlines. The most recent FTX news involving Sam Bankman-Fried relates to the new CEO, John Ray, of the former second-largest digital asset exchange in Web3.

John Ray recently stated FTX’s intentions to restart operations. Sam Bankman-Fried responded negatively, suggesting that John Ray is just paying lip service and should return all users’ funds if he is serious about his intentions.

In response, John Ray called Sam Bankman-Fried’s comments “unhelpful.” It remains to be seen whether the recent FTX news will have a positive result for thousands of users that lost funds on the insolvent exchange. Either way, the FTX collapse continues to produce fallout for the rest of the crypto markets.

Yahoo recently reported that BlockFi had over $1.2 billion in digital assets tied up in FTX and Alameda during the FTX collapse. BlockFi is a crypto custodian and cryptocurrency lending protocol that recently went bankrupt due to the FTX collapse, citing overexposure to the exchange as a core reason behind its insolvency.

FTX news continues to make headlines due to the extensive collateral damage of the event. As the second biggest cryptocurrency exchange at the time of the FTX collapse, the platform had many billions of dollars worth of user funds tied up that suddenly and without warning became inaccessible.

What does the FTX news mean for new projects such as Metacade?

The FTX collapse hurt many Web3 projects, but Metacade has continued unaffected. In fact, Metacade continues to go from strength to strength as the MCADE token presale reaches its half-way point. 

Metacade has raised $7.6m in 14 weeks since the presale went live. This is a testament to the promising long-term potential of the new GameFi platform, which will become the biggest project of its kind that can be found anywhere on the blockchain.

There are fundamental differences between a project like Metacade and a project like FTX. FTX is designed to hold digital assets for its customers, while Metacade is a decentralized application designed to provide gamers with financial rewards.

Metacade uses blockchain technology to provide a secure and tokenized gaming experience. Certik recently audited the platform to ensure that all smart contracts on the platform deliver safely, which is in stark contrast to FTX, where customer funds were mismanaged by the now disgraced former CEO, Sam Bankman-Fried.

What is Metacade?

Metacade is the first community-driven arcade on the blockchain. It will offer the largest arcade games out of any existing project, with each title having integrated financial rewards through play-to-earn capabilities.

Metacade is set to revolutionize the Web3 world by becoming a user-centered social hub, with users who can unlock lucrative earning potential through innovative mechanics. With Metacade, play-to-earn opportunities have never been more promising. 

How does MCADE work?

The metaverse arcade offers a comprehensive GameFi experience. Users can play solo and earn cryptocurrency rewards while progressing through endless levels in Metacade’s range of arcade games or join paid entry tournaments to win major prizes paid in MCADE.

The Metacade social hub takes crypto earning up a notch and will reward users for their community contributions. Content creators can post game reviews, share the latest insights about the blockchain gaming space and interact with other users, while earning a crypto income.

The project also shares new crypto jobs for Web3 with users through the Work2Earn feature. This will connect users to paid job opportunities with Metacade’s partner projects, ranging from part-time to full-time positions. Work2Earn aims to help users kickstart a career in blockchain technology. 

Metacade is helping crypto to move past the FTX collapse

Innovations such as Metacade can help expand the use cases for blockchain. The project is helping to improve sentiment across the crypto markets due to its unique and valuable services.

Not only that, but Metacade is also a fully secure investment opportunity and can help to rebuild trust following the FTX collapse. Despite the constant stream of FTX news, positive projects such as Metacade continue to attract investment due to long-term investor confidence in blockchain and Web3.

Is MCADE worth buying?

The MCADE token presale could be the best investment opportunity since the FTX collapse. The project has significant long-term potential despite negative FTX news, as investors have not lost confidence in Metacade’s ability to deliver a comprehensive GameFi experience using blockchain technology.

The MCADE presale will see the price of the token rise from $0.008 to $0.02, so investors should be quick to buy MCADE at the best possible price. Without a doubt, Metacade is helping to move the industry beyond the recent FTX news and into a more positive space. As a result, MCADE continues to attract major attention for its unique capabilities.

You can participate in the Metacade presale here.

The post FTX News: New CEO Takes FTX Reins While Metacade Surges in Presale appeared first on CoinJournal.

The blockchain gaming space is proliferating, as more and more investors gravitate toward the possibilities on offer in the metaverse. The rich potential offered by expansive virtual worlds and integrated play-to-earn (P2E) earning mechanisms has created some of the best crypto opportunities found in the GameFi space. Metacade’s plans to become the biggest online arcade in the world are helping this brand-new platform become a potentially valuable gem.

Even as blockchain gaming grows, Metacade’s unique capabilities make the hub stand out from its competitors. Here’s why it’s proving such a hit with investors.

Metacade is a P2E gaming pioneer

Following the launch of Metacade’s MCADE token presale event recently, investors are becoming increasingly excited about the online arcade’s prospects in the next few years. The presale has raised $7.6m in just 14 weeks, with strong forward momentum.

The hype surrounding Metacade is clearly justified, thanks to its vast upcoming range of online arcade games, alongside rich earning possibilities for users who can collect passive income as they play. With the increasing adoption of blockchain games threatening to disrupt the gaming industry, projects like Metacade are ideally placed to improve the user experience.

The GameFi sector is expected to reach a $40 billion valuation by 2025, although most GameFi titles are offering a single gaming experience to their gamers. Metacade will raise expectations through this diverse range of games and its unique additional earning streams outside the traditional play-to-earn (P2E) mechanics.

Can MCADE reach $1 in 2023?

When the MCADE presale ends, the token will be launched across centralized and decentralized exchanges, and MCADE coins will be available to the general public. The release of a fixed number of tokens on exchanges is expected to provoke a surge in demand, which will likely result in a steep price rise.

As word-of-mouth travels, marking out Metacade as the place to hunt out the best P2E blockchain games and gameplay experience, MCADE is again likely to explode in value. Many analysts believe that $1 is an achievable aim for MCADE, a barrier that would mark 50X returns from the deal at the end of the presale.

What is Metacade?

Metacade is the world’s first online arcade that will offer a community-driven approach across a vast array of GameFi and P2E games, with features stretching beyond just gaming. As well as a bursting compendium of online arcade games with integrated P2E mechanics, the community and broader Web3 ecosystem stand to benefit in several ways.

Metacade’s plans to build a burgeoning online community of blockchain game enthusiasts and Web3 aficionados will be greatly helped by their Create2Earn scheme, which rewards users that post social content on the hub. Interactions could range from game reviews to sharing alpha, passing on gaming tips to participating in live chats, and threads on Reddit-style sub-forums. Each useful interaction reaps a reward.

How does MCADE work?

Metacade’s reach extends to appeal to both the casual and seasoned competitive gamer. Whether a player wants to take on friends in a head-to-head duel or enter tournaments to take on the world, climb leaderboards and gain rewards, Metacade’s hub is shaping up to be the ideal place to go.

The hub also aims to become a central point for the larger Web3 community, appealing to the hottest talent to find the most exciting job opportunities in the industry. From 2024, Metacade’s hub will incorporate a job board to connect community members with part-time and full-time blockchain game job opportunities. In addition, their Work2Earn feature will see the posting of gig work, freelance roles, and beta-testing roles within Metacade with crypto rewards on offer.

Metacade: A blockchain game innovator

Arguably the jewel in the Metacade crown is its innovative Metagrants initiative. Designed to promote the creation of new blockchain games exclusively for Metacade, developers can apply for early-stage funding to support the process of bringing the most exciting new titles to the platform.

Metacade’s community can choose which games are granted funding by voting for their favorites from a pool of ideas. Those that get the most votes go into production, with the benefit of funding to help the process along. These voting rights form part of Metacade’s gradual transition to becoming a fully-fledged DAO by the end of 2024 when all power will be devolved from the project team to the community.

MCADE: An excellent crypto to buy now for long-term gains

The MCADE presale event represents a fantastic opportunity for investors to make serious gains and be part of the growing GameFi revolution. After launching at just $0.008, the current value of MCADE is $0.0155. This value will eventually rise to $0.02 at the end of the presale before MCADE is listed on crypto exchanges.

Metacade’s rich project plan, excellent longevity, and pioneering attitude look set to make it a giant and true standard-bearer in P2E gaming. Investment in MCADE now could be a rare opportunity to make enormous gains as Metacade becomes the online arcade of choice for gamers and crypto fans worldwide.

You can participate in the Metacade presale here.

The post Metacade Poised to be the Biggest Online Arcade in the World With MCADE Tokens Selling Fast appeared first on CoinJournal.