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The crypto world is still reeling from the shock of the November 2022 collapse of FTX, the world’s second largest cryptocurrency exchange. The giant was forced to file for bankruptcy after his $8 billion black hole was discovered in the FTX cryptocurrency balance sheet. in US courts. FTX Crypto founder Sam Bankman-Fried was recently submitted for extradition to the United States and will face eight separate charges of fraud, money laundering and other financial misconduct.
With Bankman-Fried facing up to 115 years in prison if convicted on FTX cryptocurrency-related charges, it’s no surprise that investor confidence has been shaken. However, there are new crypto projects that allow investors to mitigate their losses. Metacade is one such project that captures the imagination of investors. The beta pre-sale phase sold out in just three weeks, raising $1 million. Metacade looks like a strong option for investors looking to limit losses from the FTX crypto scandal.
What is Metacade?
Metacade is preparing to become a central community hub, home to the world’s first virtual blockchain-hosted gaming arcade. Built on the Ethereum blockchain, Metacade integrates his cutting-edge Web3 technology to offer gamers a wide range of Play-to-Earn (P2E) titles designed by talent drawn from across the Metaverse. To do.
The platform has a comprehensive roadmap, and that roadmap white paperThese plans include the introduction of its own initiative, Metagrants, in the third quarter of 2023 to support the development of new Metacade exclusive titles. Additionally, there are plans to establish a recruitment committee in Q1 2024 and transition to his DAO by the end of Q4 2024.
With this exciting transition to a DAO, key roles within the platform will be filled by community members, and all holders of Metacade’s native coin, the MCADE token, will have a vote on governance issues and the future of the community. Helps determine direction.
How does Metacade work?
Metacade’s primary focus is on P2E titles within its game library. However, users have several other opportunities to earn money. For example, users are rewarded for interacting with the community through knowledge and alpha sharing, writing game reviews, and other social interactions. Meanwhile, more serious gamers can use MCADE tokens to participate in regular prize draws and tournaments, offering lucrative bonuses.
All this is funded by the platform’s massive revenue generating scheme. These include many paid titles similar to those found in actual video arcades, and sell advertising space to outside companies. Additionally, outside companies are encouraged to invest in Metacade through the Launchpad initiative, which allows companies to pay to release their own titles on the platform.
The funds will go to Metagrants, an innovative program designed to encourage and support game developers, as well as drive the platform’s revenue side. Developers can submit game suggestions to the community for consideration. MCADE token holders will be able to vote on proposals they would like to see reflected in the platform, and the selected developer will receive her Metagrant to fund the realization of the project.
Is Metacade a Sound Investment?
Metacade An excellent option for investing in the growing GameFi crypto industry. As GameFi continues to grow exponentially over the next few years, Metacade is well-placed to lead the revolution and set high standards within the industry, ultimately proving to be worthless FTX It provides utility directly, as opposed to crypto products.
Investors are understandably nervous after the FTX cryptocurrency crash of November 2022, but Metacade’s roadmap and transparency provide reassurance to those considering getting involved. For example, Metacade submitted specifications, team charts, and plans to CertiK for a full audit. This not only ensures that the platform coding works as expected, but also provides security and reduces common risks through corrective actions.
Unlike some other GameFi platforms that rely on one or a limited number of USPs, Metacade has multiple entry points for interested gamers and developers. The platform will continue to evolve with the regular release of new titles to maintain member interest and provide the rest of his FTX crypto investors with a longevity that many other projects lack.
How to participate in the MCADE presale
With the beta presale MCADE tokens selling out in just over three weeks, interested investors missed the chance to maximize their profits by purchasing MCADE at the lowest presale price of $0.008.
However, there is still profit opportunity for tokens that are currently in the first pre-sale stage and are worth $0.01 per dollar. There will be 9 pre-sale rounds, with MCADE’s price rising to a final $0.02 level in each phase, so investors who join quickly will get a good return on their initial investment before the pre-sale ends can do.
You can participate in the MCADE presale Here.
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