The race is on to see which metaverse project will come out on top and which coin will give investors the biggest return in 2023. Decentraland had a head start compared to others in the industry, but can its MANA token stay ahead? of the best newcomers next year? A look at the big moves to come in this market shows that Metacade and its coin MCADE are set to outperform Decentraland.
Table of Contents
What does the MANA coin do?
To understand Decentraland’s prediction for 2023, and why it looks like Metacade will outperform, it’s important to understand what the MANA Token is all about. This is a native currency of the Decentraland platform and is an Ethereum-based token. It is used to pay for goods and services within the game, but the disappointingly low number of active users has caused the game’s progress to stall. This caused the token to underperform in 2022, which dropped from its December 2021 high of $5 to around $0.60.
What is Metacade?
The Metacade platform brings an arcade complete with retro games to the metaverse, rather than focusing on just one game. In fact, the project’s ultimate goal is to be a one-stop shop for everything gaming related on Web3. More specifically, Metacade will be a core node for P2E gaming. Metacade will be focused on building a gaming community. Metacade aims to be a place where gamers and designers come together to harness that shared passion, play, test, and review games in a way that benefits everyone. Furthermore, Metacade will help developers make games with Metagrants, community support, and a group of test players. This means that users will be able to have a say in what happens at Metacade, and how its future will look like. To support this, the project will have a DAO-style attitude, with the decision-making process distributed and self-regulating. As in the case of Decentraland, the Metacade project has a native token, which is called MCADE in this case. However, what is immediately obvious looking at their whitepaper is that this project has an excellent tokenomics model that makes it stand out from other metaverse projects like Decentraland. This is because the MCADE token is used as part of a self-sustaining ecosystem where income is generated through various means, and then funneled back to token holders as a series of rewards. In this way, it strikes an impressive balance between acting as a gaming hub and being an opportunity for a smart investment.
A look at how Metacade works
The first part to understand about the Metacade project is how it generates the revenue that drives the economic model and provides the rewards. This is done in a variety of ways, such as through advertising income, job listings, and game testing. The pay-to-play section of the arcade is another crucial part of the model that will keep revenue coming in. The other element is the earning potential for investors who buy MCADE tokens and want to see their money grow. More tokens can be earned through methods such as prize draws, exclusive championships, and staking investment. All of which means that the Metacade whitepaper and token pre-sale are well worth a look, whether you’re an avid arcade gamer or looking for a crypto investment.
Metacade is well positioned for a strong 2023
With the metaverse being one of the biggest advances in the world of technology today, it’s no surprise to see people waiting for the Metacade project far surpasses others. That’s because it’s a metaverse-based arcade where players can enjoy an immersive collection of games, as well as being able to earn money. The pre-sale of the tokens has revealed how much was expected, just look at how the 1.4 billion tokens being sold at this stage have been in huge demand. With a small price starting at 0.008 (which rises to 0.02 as the pre-sale reaches its conclusion) getting in early to grab a share of this new project has proven to be a popular decision.
Is it worth buying Cryptocurrencies now?
The year 2022 has seen many cryptocurrencies lose value, not just MANA. The forecast for Decentraland suggests that it may be some time before this platform starts to gain users and see a boost in value. Only time will tell if that will be enough to save her, or if she will slip into obscurity as other projects take her place with fresher ideas. However, this does not mean that the market should be avoided. There is still profit to be made by choosing a project like Metacade, with a token economy model that makes sense and a pre-sale that is exciting a lot of people. Check out the whitepaper to see exactly what’s being offered.
You can participate in the Metacade pre-sale here🇧🇷
