Over $933k Tokens Sold In Metacade’s Beta Presale, only 12% remaining before it sells out

Crypto investors are rushing into the Metacade beta stage presale to buy tokens at their lowest price. The world’s first play-to-earn arcade Metacade opened its presale with 1 MCADE token for $0.008. The blockchain gaming newcomer has received an electric welcome from the crypto community with over $933k worth of MCADE tokens sold in the beta stage in under 18 days

Once the beta stage closes the MCADE price will rise to $0.01 per token – a 25 percent increase. By the end of the presale, the token price will have increased by over 2.5x to $0.02 per MCADE.

As of writing, a phenomenal $933k has already been poured into the project since the Metacade presale opened. There are only 12 percent of tokens left before stage one begins, so it’s crucial to purchase MCADE tokens now before the price leaps. 

What is Metacade? 

Metacade is the next big thing in the metaverse and P2E gaming. The platform will be home to a tremendous array of arcade-style games where players can earn, compete and connect with fellow gamers. 

Metacade will also be home to the hottest gaming alpha and reviews, leaderboards of what’s trending on the platform and across the GameFi space, and a hub where users can chat in real time with like-minded gamers.  

Metacade isn’t just for hardcore gamers: the platform offers something for everyone. Investors can stake MCADE tokens to earn rewards. Entrepreneurs and developers can build games on the platform, supported by a funding initiative known as Metagrants. Job seekers can find their new roles in Web3.  

The community-driven blockchain gaming platform will take the GameFi platform by storm with its huge array of Web3-forward features that allow players to truly take control of their gaming experience, leaving traditional gaming far behind. 

The platform’s ultimate goal is to build a platform that gamers want and allow its community to shape the future of gaming and earn as they do so. Ultimately, Metacade will transition into a DAO, allowing the dedicated community to fully control and continue building the platform they love. 

How to buy $MCADE tokens 

MCADE tokens can be purchased on Metacade.co. Here are some easy steps to get your hands on your Metacade tokens before the token hits the major exchanges and the price shoots up. 

STEP 1 

Set up a crypto wallet. Metacade is built on the Ethereum blockchain, so ensure that you have a wallet that is compatible with ETH. The wallets supported by Wallet Connect are suitable. The Metacade team recommends Metamask for a smooth buy experience. 

STEP 2 

Get some crypto. Metacade can be purchased with ETH and USDT, so ensure you have enough of one of these currencies in your wallet before buying MCADE. 

STEP 3 

Connect your wallet to the Metacade website and access the DEX. You’ll be given the option to swap your ETH for $MCADE. Enter the amount you’d like to purchase and click “buy”. 

Here are some further details on how to purchase $MCADE.

Metacade presale is off to a flying start 

With beta presale tokens selling fast, there’s never been a better time to get in on a phenomenal GameFi project on the ground floor. 

Find out more on Metacade.co.

The post Over $933k Tokens Sold In Metacade’s Beta Presale, only 12% remaining before it sells out appeared first on CoinJournal.

Brazil Central Bank plans to launch CBDC in 2024

  • Brazil Central Bank is planning to launch a CBDC in 2024.
  • According to the president of the central bank, digital assets could drive participation.
  • Brazil will join the likes of China, the Bahamas, and Nigeria as nations with individual CBDCs.

The president of the Brazil Central Bank, Roberto Campos Neto has today revealed in a press conference that the bank is planning to launch a Central Bank Digital Currency in 2024.

Neto also revealed that the bank is planning to conduct a pilot program alongside other financial institutions prior to the full implementation of the CBDC. He also went on to give the benefits of implanting a digital currency issued by the central bank notably driving participation.

Neto said:

“I think that this digitized, paid-in, integrated system, with inclusion, will help a lot in the development and inclusion of people in the financial world.”

He also added:

“Greater inclusion, lower cost, intermediation, competition with reduced barriers to entry, efficiency in risk control, monetization of data, complete tokenization of financial assets and contracts. This is what we see in this digital economy in Brazil.”

It will be noted that today’s development comes about eight months after Brazil announced plans to develop digital currency.

If successful, Brazil will join the likes of China, Nigeria, India and other countries that have already launched their CBDC including plans to launch in the future. In general, there are many countries that are currently researching similar plans for launching CBDCs.

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Is it safe to buy Bonfida (FIDA) today?

  • Bonfida turned 2 years this week.

  • The volume of Solana Name Service (SNB) purchases has risen.

Bonfida price rose slightly as investors bet on a rebound of Solana’s ecosystem. FIDA rose to a high of $0.45, the highest point since November 28. It remains a few points below the November 21 high of $0.98.

Bonfida turns 2 amid a cloud of uncertainty

Bonfida is a blockchain project in Solana’s ecosystem. It provides solutions like the Solana Name Service (SNS) and Jaber. Solana Name Service is similar to Ethereum Name Service. It makes it possible for users to create a human-readable by replacing a decentralized address with a domain name of your choice.

Bonfida also runs Jabber, a mobile application for decentralized and encrypted messaging on Solana. 

Most importantly, Bonfida worked with Serum, one of the most important Decentralized Finance (DeFi) platforms in Solana. Until its collapse in November, Serum had millions of dollars in total value locked (TVL).

Serum was created by a team that included FTX. And unlike other decentralized autonomous organizations (DAO), Serum’s private key was not held by the DAO. Instead, it was held by FTX, which is not ideal, following the recent news. Therefore, as FTX collapsed, Serum holders exited, as I wrote in this article.

Now, the Serum community is working to rebuild its platform. The new platform is known as OpenBook and has a TVL of about $2 million. 

Bonfida turned two years this week amid concerns about its future. A key shining part of Bonfida is that the volume of domains sold has been rising in the past few days. This explains why FIDA went parabolic this week.

The next key catalyst for the FIDA price will be the upcoming interest rate decision by the Federal Reserve. Economists believe that the Fed will continue hiking interest rates albeit at a slower pace.

Bonfida price prediction

FIDAUSD chart by TradingView

The daily chart shows that the FIDA price remained in a consolidation phase this week. Its daily trading volume has dropped sharply. At the same time, the coin is hovering at the 25-day and 50-day moving averages while the Relative Strength Index (RSI) moved below the neutral point. 

The price is also slightly above the important resistance level at $0.27, the lowest point in June this year. Therefore, I suspect that the token will show some volatility after the Fed decision on Wednesday. A bullish breakout will see it rise to about $0.58. A drop below the support at $0.27 will signal that bears have prevailed.

How to buy Bonfida

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy FIDA with Binance today

Swapzone

Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.

Buy FIDA with Swapzone today

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