Analysis
Utility Token Metacade (MCADE) is a Solid Long-Term Buy, Investors Say
The cryptocurrency market has gone through a painful bear market but investors are looking for the best projects to lead the next bull run. A new project called Metacade taps into the meme token power of play to earn (P2E) gaming and the metaverse and the project’s MCADE utility token could be a great opportunity for crypto investors. What is Metacade? Metacade is set to be a brand new Web3 community where gamers and crypto fans can meet, to communicate and collaborate on the best metaverse games. The project is seeking to build a fun, dynamic meeting place where gaming enthusiasts can become absorbed in the latest GameFi trends and earn rewards. One of Metacade’s key goals is to create the world’s first community-driven, play-to-earn arcade and that positions it well to be a potent r...
Banks still show interest in digital assets and DeFi amid market chaos
The cryptocurrency sector is the Wild Wild West in comparison to traditional finance, yet a number of banks are showing interest in digital assets and decentralized finance (DeFi). This year in particular has been notable for banks exploring digital assets. Most recently, JPMorgan demonstrated how DeFi can be used to improve cross-border transactions. This came shortly after BNY Mellon — America’s oldest bank — announced the launch of its Digital Asset Custody Platform, which allows select institutional clients to hold and transfer Bitcoin (BTC) and Ether (ETH). The Clearing House, a United States banking association and payments company, stated on Nov. 3 that banks “should be no less able to engage in digital-asset-related activities than nonbanks.” Banks aware of potential While ba...
How is Metacade (MCADE) Different from Other Metaverse Worlds Like the Sandbox (SAND)
Metaverse worlds like The Sandbox saw mainstream popularity after the term ‘metaverse’ became part of the public discourse back in late 2021. As investors seek to take advantage of the growing metaverse gaming industry, a new token known as Metacade has been attracting some attention in crypto circles. Today, we’re going to explain what the difference is between The Sandbox and Metacade, and which one you should consider investing in. Player Ownership is the Foundation of The Sandbox (SAND)’s Economy The Sandbox is one of the leading metaverse platforms on the market today. It’s a 3D virtual world powered by the Ethereum blockchain that allows its users to create immersive gaming experiences. To start creating games, players must first purchase The Sandbox’s digital real estate, represente...
Metacade is Starting to Get Attention with its Presale Release in Q4 2022
With its presale in November, Metacade (MCADE) is getting investors’ attention. Branded as the world’s first community developed, Play to Earn metaverse arcade, the platform is beginning to make waves in the crypto market. Its virtual arcade will provide both gamers and developers a place to test, review, and earn, all in a completely decentralized marketplace. In this article, we’re going to take a deep dive into Metacade, and find out exactly why this project is gaining so much traction among investment circles. What is Metacade? Metacade is a virtual community hub where gaming enthusiasts can go to discover the most popular metaverse games, chat in real time, and learn about GameFi as well as ways to earn through play to earn games. Metacade will have everything you want to know about G...
Metacade (MCADE), a New P2E Project to Contend with Axie Infinity (AXS)
The Play2Earn (P2E) revolution is here to stay. Or so says Absolute Reports, who forecast that the P2E market will reach a $2.8 billion valuation by 2028, up from $776 million in 2021. Games like Axie Infinity have risen to become incredibly popular, and now a new project called Metacade is seeking to reach mainstream success in the growing GameFi market. In this article, we’ll explore what made Axie Infinity so popular and why Metacade could soon be overtaking it as one of the most valuable P2E projects. Axie Infinity (AXS) Offers Multiple Ways to Earn While Gaming Axie Infinity (AXS) is a P2E game built atop the Ethereum blockchain. It’s a Pokémon-style game where users collect and battle Axies. Axies are virtual monsters that are stored on the blockchain as NFTs, which players buy and s...
Bitcoin price bottom takes shape as ‘old coins’ hit a record 78% of supply
Bitcoin (BTC) and the rest of the crypto market have been in a bear market for almost a year. The top cryptocurrency has seen its market valuation plummet by more than $900 billion in the said period, with macro fundamentals suggesting more pain ahead. Another bear cycle produces more BTC hodlers But the duration of Bitcoin’s bear market has coincided with a substantial rise in the percentage of BTC’s total supply held by investors for at least six months to one year. Notably, the percentage of coins held for at least a year has risen from nearly 54% on Oct. 28, 2021, to a record high of 66% on Oct. 28, 2022, data shows. Bitcoin hodl waves. Source: Glassnode This evidence suggests that long-term investors are increasingly looking at Bitcoin as a store of value, asserts Charles Edward...
Music Catalogs Are Worth More as Streaming Grows — Here’s Why
The long-term potential of music streaming has had a growing influence on the price investors will pay for an artist or songwriter’s catalog. That’s according to a new paper titled How Streaming Has Impacted the Value of Music by Larry Miller, clinical professor and director of the music business program at New York University’s Steinhardt School of Culture, Education and Human Development. Miller, with the help of graduate students Felipe Garrido and Matt Palermo, found that streaming revenues were positively correlated with the multiples paid for music catalogs. Here, the term multiple refers to the acquisition price as a multiple of net publisher share (NPS), a publishing catalog’s annual royalties; or net label share (NLS), a recording catalog’s annual royalties. From 2011 to 202...
Will Metacade (MCADE) Rise More Than PancakeSwap (CAKE) and Polkadot (DOT)?
During the bull market run of 2020 and 2021, several tokens came onto the market that quickly saw great success. This new influx of crypto projects, alongside bored investors stuck at home during the pandemic led to some dramatic gains, particularly with projects like PancakeSwap (CAKE) and Polkadot (DOT). If you missed out on being an early investor in PancakeSwap and Polkadot, don’t panic. You might still have a second chance with a new token from Metacade (MCADE). So let’s dive in and see why investors are talking about it. What is PancakeSwap (CAKE)? PancakeSwap is a decentralised exchange (commonly known as a dex) that uses the BNB Chain. Decentralised exchanges were created as an alternative to traditional centralised exchanges, which left their users’ accounts susceptible to hacking...
Monero or Metacade: What Makes $MCADE so Unique?
As the war for dominance in crypto endures, investors are continually searching for the next big hitter to rocket from the depths. A new platform, Metacade, has been making some serious waves online, and from what we’ve uncovered so far, it’s set to create steep competition against even established cryptocurrencies. One such cryptocurrency is Monero. While attracting attention for its privacy utility, the Monero crypto coin is ultimately limited in that it can only ever be a store of value. $MCADE, on the other hand, is tied to a complete and self-sustaining platform, which utilises the utility token throughout. In this article, we’re putting the $MCADE token against the Monero coin, and exploring how its unique properties within Metacade help push it above and beyond what you’d expect. Wh...
Tech talent migrates to Web3 as large companies face layoffs
As inflation continues to grow, coupled with a looming recession, many tech firms are having to cut portions of their staff. To put this in perspective, data from Layoffs.fyi found that over 700 tech startups have experienced layoffs this year, impacting at least 93,519 employees globally. It has also been reported that tech giants like Google, Netflix and Apple are undergoing massive job cuts. While many of these layoffs are likely due to an economic downturn, this has resulted in an overwhelming amount of talent flocking to early-stage Web3 companies. For example, Andrew Masanto, a serial entrepreneur who has founded a number of startups, told Cointelegraph that he recently launched Nillion, a startup specializing in decentralized computation, to help ensure privacy and confidentia...
Metacade Plans Unveiled. Why It Might Be the Next Big Thing in the Crypto Space
One of the latest tokens to hit the metaverse scene is within a play to earn gaming project called Metacade. It’s a platform that aims to be the leading hub for everything Web3, by putting the community first at its core. Social media circles have been speculating that it could become one of the best new platforms coming into the metaverse in late 2022, and in this article, we’re going to dive into why it could also be a great early investment opportunity for crypto enthusiasts. What is Play2Earn? First of all, what is Play2Earn, and why should you care? A Play2Earn (or P2E) game is one that lets players earn in-game assets that can be sold for real-world money. A game like Axie Infinity, for example, allows players to acquire Axies, which they then battle with to win Smooth Love Potion (S...
New Emerging Business Opportunities in the Metaverse – A Focus on Metacade
It’s expected that the metaverse will revolutionise the gaming industry as we know it. As this happens, many metaverse business opportunities will begin to present themselves, and now is the time for companies to start thinking about how to position themselves in the exploding gaming sector. One project tipped to play a pivotal role in the future of metaverse gaming is Metacade. In this article, we’ll be exploring what novel metaverse business opportunities Metacade could create and why you should start looking into it as a serious option for the future. Why Invest in the Metaverse? Before we can start examining why you should consider investing in Metacade, we need to explain why the metaverse is worth investing into in the first place. The metaverse is expected to grow from a $100 billio...
