Metacade, a new game project from Web3, has been getting a lot of attention. Recently, some people have been wondering what are the differences between Metacade and other projects like TRON. This article will explain the differences between the two and the reasons why you might want to invest in Metacade instead of TRON.
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What is Metacade (MCADE)?
Metacade is a Web3 community hub that is positioning itself as the ultimate platform for all things play-to-earn gaming. It’s the place where you can connect with like-minded gamers and crypto investors, immerse yourself in the GameFi world, and explore multiple opportunities to earn while playing your favorite games. Metacade is a single, integrated solution designed for the future of gaming. The team behind Metacade is looking to take advantage of the current gap in the market for community-centric Web3 gaming platforms. To do this, they are offering a variety of valuable features that are likely to attract thousands of players looking for a place to call home on Web3. For example, on the platform, you can find reviews, leaderboards, dedicated forums, live chat, and the most exciting GameFi alphas shared by experts in the business. Metacade will also host frequent competitions where you can earn MCADE tokens by competing in classic and exclusive titles on the virtual arcade platform. Metacade’s vision, however, goes far beyond these aspects. It aims to become the world’s first player-driven virtual arcade, responsible for producing some of the best play-to-earn games on the market – more on that shortly.
What Makes Metacade (MCADE) So Unique?
At the heart of Metacade’s philosophy is maximizing user value. Right now, the gaming industry is being dictated by multi-billion dollar game studios that put the interests of shareholders above the interests of gamers. This makes corporations like EA, Epic Games, and Activision Blizzard produce most of the games that people play. And if you’ve been a gamer for the last few years, you know that these games are often riddled with bugs in addition to pay-to-win microtransaction mechanics. Rather than taking profits and giving nothing back, Metacade aims to put games back in the hands of players. For example, this is why MCADE tokens are paid to anyone who posts reviews, alphas, or other useful content. In 2024, Metacade will launch its job board and service where you can discover opportunities to work and transform the gaming industry for the better. Most significantly, Metacade has the ambitious goal of funding the next generation of play-to-earn games through Metagrants. Metagrants allow MCADE holders to have a direct role in getting games off the ground by letting the community decide which titles receive funding. In each Metagrant competition, developers add their ideas for the community to vote on. The project that gets the most votes receives funding from Metacade’s treasury. Developers can even use Metacade’s native testing environment to get real-time feedback on their games! Once development is complete, the finished title is added to Metacade’s virtual arcade for everyone to enjoy. As mentioned, Metacade aims to become the world’s first player-controlled virtual arcade. To execute on this vision, Metacade plans to become a decentralized autonomous organization (DAO). At this stage, community members will begin to collaborate and take leadership roles, and MCADE holders will be able to vote on critical decisions for these leaders to implement, such as new features, partnerships, tokenomics, and more.
What is TRON (TRX)?
TRON is an open source blockchain that aims to provide the critical infrastructure needed for the decentralized network. It was created in 2017 as a way for fans to directly reward their favorite content creators without a centralized corporation like Google or Facebook being involved in the process. These days, TRON has evolved into a smart contract platform that competes with more popular solutions like Ethereum or BNB Chain to host decentralized apps (dApps) and Defi projects. TRX is the native token of the TRON crypto ecosystem and is used in transactions over the network. For example, content creators get TRX from their viewers, while those using SunSwap (a decentralized exchange built on TRON) need some TRX for gas fees. It is also used as an administration token for the TRON DAO, which allows TRX holders to vote on changes made to the network. Proponents of TRON point to the network’s incredibly low transaction fees and fast speeds as reasons why developers should build projects on it. However, TRON has come under a fair amount of criticism over the years, from allegations of code theft to concerns about token centralization.
Important Differences Between Metacade (MCADE) and TRON (TRX)
TRON is First and foremost a Smart Contracts Platform
The first key difference between Metacade and TRON is their functions. TRON is first and foremost a smart contract platform designed for developers to build decentralized apps on it. Meanwhile, Metacade is a community hub that allows players to immerse themselves in Web3, gaming and crypto culture – together with like-minded people – and does not offer smart contract capabilities.
TRON Token Distribution is Highly Centralized
Critics of TRON, such as the corporation’s longtime CTO Lucien Chen, have noted that the network suffers from a high degree of centralization, claiming that most “overrepresentative” nodes are controlled by TRON in some way. This would allow TRON to effectively control the administration of the chain, although this claim is disputed by TRON founder Justin Sun. What is irrefutable, however, is that the distribution of TRX tokens suffers from a lack of centralization. Just over 29% of TRX tokens are held by three wallets, and the top 100 TRX holders own 44.06% of the amount in circulation (CoinCarp). Compare that to Metacade, which will launch with 70% of its tokens available on pre-sale. There is no risk capital allocation, and tokens are being sold in nine stages to allow for even distribution. The other 30% is being used for development, decentralized exchange liquidity, marketing, and competitions.
TRON Faces Plenty of Competition
TRON is just one of several smart contract platforms that are vying to knock Ethereum off the top, and it could be argued that there are much better projects out there. Solana, for example, offers much faster speeds than TRON. Binance Coin enables the BNB Chain, which is a much more popular option for developers looking to make decentralized apps. This problem is exemplified when looking at TRON’s Defi numbers. Of $49.43 billion USD locked up across all DeFi projects in November 2022, $4.3 billion USD is locked up in TRON (DeFiLlama). Ethereum is worth a whopping $28.49 billion, while the BNB chain is worth $6.46 billion. TRON will likely never catch up with Ethereum or Binance Coin because they are much more important in the crypto space. Simply put, TRON seems to have refused to remain at “average” status. In contrast, Metacade has very little competition. Bearing in mind the fact that GameFi is one of the newest trends in the crypto space, Metacade has the first mover advantage, being the only community gaming hub on the Web3. While imitators will likely appear over time, Metacade will likely have built up a loyal fan base by this point.
TRON Plagiarism Claims
One of the biggest criticisms TRON faces are allegations that many of its whitepapers and protocols were plagiarized from other projects. Juan Benet, CEO of Protocol Labs, claimed the whitepaper was “mostly copied”, including large sections of your project’s whitepaper. Although it was not copied word for word, much of its content, vocabulary and structure were copied from documents prepared by Protocol Labs. Justin Sun said this was a mistake made during the translation of the original Chinese document into English, but reviews of the Chinese version found that it too had been plagiarized. Additionally, researchers found that much of TRON’s code had been copied from other projects such as Ethereum, with certain aspects modified to obscure the code’s origin and with no references given. Meanwhile, the Metacade whitepaper is free of plagiarism, with original ideas, content and layout. It’s too early to tell whether the code has been plagiarized due to the fact that the project is still in development, but it’s unlikely that Metacade would risk its reputation by taking shortcuts at this stage.
The Founder of Tron is Controversial
In addition to being accused of stealing other people’s work, Justin Sun has faced a lot of scrutiny over the last few years. From falsely announcing a partnership with Liverpool Football Club to canceling lunch with Warren Buffet because of kidney stones, despite being seen laughing and joking on a live stream the next day, Justin Sun is a somewhat controversial figure. in the crypto world. In early 2022, The Verge released a bombshell article alleging that Sun had personally engaged in insider trading and price manipulation of TRX, apparently raising prices in coordination with big money investors and then selling for massive profits. The article discusses dishonest dealings with Poloniex, possibilities for fee evasion, and just plain theft — all confirmed by 15 current and former Sun employees and “hundreds of pages of leaked documents.” The Metacade team has a much better track record. “Metaheads” (as they are referred to in the Metacade whitepaper) have a squeaky clean record, and their personal information is completely transparent. They are even seeking CoinSniper and Certik certifications to demonstrate their commitment to transparency and honesty.
Metacade (MCADE) Looks Much More Attractive Than TRON (TRX)
As you can see, TROX and Metacade couldn’t be more different. TRON has been mired in controversy for years now, and frankly, its future doesn’t look very promising. Issues such as high competition, centralized token distribution, and allegations of plagiarism are likely to drive many potential investors away from TRON, as there are simply far more promising tokens out there without any of these issues. These investors will likely be impressed with Metacade. With a strong value proposition, little competition, and a community-first approach, Metacade is uniquely positioned to outperform TRON for years to come. Combine that with being a pioneer in a fast-growing industry and a token still on pre-sale: Metacade looks like an excellent investment opportunity. Do you think Metacade can grow quickly and become a leader in play-to-earn gaming? Then you’ll want to check out the Metacade pre-sale ASAP. This is because you will earn more MCADE the sooner you buy. For example, in phase 1 of the pre-sale, you can get 125 MCADE for $1. In phase 8, you would only earn 50 MCADE for $1. This means you are able to potentially double your MCADE income simply by being an early investor in this exciting new project! If you’ve been considering buying some TRON, think again: Metacade might be a much better investment.
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