Ethereum and Ethereum Classic are the two most well-known projects in the cryptocurrency space. But if you are hesitating to invest in Ethereum or rather Ethereum Classic, then you might want to reconsider the whole thing. In fact, a new project called Metacade looks very promising, and is likely to dominate the scene in one of the fastest growing sectors on the planet. This Metacade project looks like a much better crypto-investment than ETH or ETC.
In this article, we are going to explain to you why you would be wise to refrain from investing in Ethereum or Ethereum Classic, and why you should instead start thinking about investing in Metacade while it is still in its pre-sale phase.
Ethereum (ETH) falls after merger and faces stiff competition
Despite Ethereum’s status as the second most traded cryptocurrency token on the market, its recent price action has left investors very disappointed after a recent bear market trend. After Ethereum soared to a high of $2,030 in mid-August, ETH has fallen to around the $1,300 mark.
This surge was caused in part by leverage following the rumored Ethereum merger on September 15, which was followed by a sharp ETH drop of more than -26% the following week. Less sophisticated investors believed that trading speed and commissions would improve overnight, but this was not the case, as they had hoped for Ethereum Developers..
While the benefits of Ethereum’s merger are not yet apparent to the average user, and projects like Polygon and Solana already offer much lower fees and faster speeds, it seems increasingly likely that Ethereum will continue to hold on to be in the $1,100 range.
ETH Classic (ETC) is lagging behind its higher-yielding companion
Ethereum Classic is the original version of Ethereum, created after part of the community decided not to modify Ethereum’s core code. One of the main differences between the two is that Ethereum Classic still uses the same Proof-of-Work consensus mechanism, while Ethereum now uses Proof-of-Stake after the merger.
Like Ethereum, Ethereum Classic can handle smart contracts, which allows it to run DApps. But while Ethereum has more than 4,000 DApps, according to the latest. Status of dAppsEthereum Classic is the basis of only 45 DApps, as shown in the. Ethereum Classic website.
For some, Ethereum Classic is not a smart contract platform, but a store of value, given its fixed supply. And with Bitcoin serving precisely the same purpose, it becomes complicated to find the real value Ethereum Classic offers investors.
What is Metacade (MCADE).
Metacade is a platform that aims to become a one-stop solution for all things GameFi. It is a virtual destination of choice where gamers can connect with other like-minded gamers, play the latest Play2Earn games and increase their income by doing what they love in a dynamic community environment.
To understand why Metacade could soon be your next best cryptocurrency investment, we first need to explain why you should consider investing in GameFi. With GameFi, players have the ability to earn money while they play, something traditional games have never been able to offer.
The traditional gaming industry has shown that it is far more interested in shareholder profits than in the players who actually play its games. As a result, many titles now include tedious Pay2Win elements and microtransactions that leave players with the promise of capturing some value, but without giving them much in return.
For this reason, GameFi is expected to grow 10 times faster than the traditional gaming industry by 2025, according to Cryptonews. Metacade, meanwhile, is positioning itself as the central core of GameFi. Its user base, like its MCADE tab, is expected to be sensational, as more and more players flock to the project to participate in the revolution that is taking place in the future of gaming.
Why is Metacade (MCADE) a better cryptocurrency investment?
Metacade is so special in part because of its community vision. The Metacade project aims to create a platform where you can find reviews, ratings and content that will allow anyone, regardless of their background and experience with the game, to get started with Play2Earn. Metacade will also host the most popular alpha versions of GameFi and you will be able to find all the explanations you need to understand how you can maximize your income while playing Play2Earn games.
Metacade community members who post these reviews and P2E gaming best practices will be rewarded with the MCADE token for their contribution and help to other community members. In fact, Metacade will offer different ways to earn money on its platform. There will be exclusive sweepstakes and tournaments offered at regular intervals, as well as opportunities to beta test new games developed on the platform and opportunities to earn money while using Metacade’s native testing environment.
In 2024, Metacade will even launch its own job board, where you can find work in the form of temporary assignments, internships or salaried positions at forward-thinking companies leading innovation on the Web3. If you want to start a career at GameFi, then Metacade could be your site of choice.
One of the most interesting features of the Metacade project is the incorporation of Metagrants. Metagrants are a way for gamers to recoup some of the financial revenue typically pocketed by game studios, up to $1 billion, by allowing them to directly fund upcoming Play2Earn titles they want to play that are available on the Metacade platform.
Metagrants are funds awarded in MCADE tokens to game developers who win the most votes in Metagrants contests. In these contests, dozens of potential game projects will be submitted, but in each contest only one winner will receive the Metagrant. Then, with this funding, the developer who wins the Metagrant will be able to develop the game to its final release stage. Metacade will offer these new community-supported titles in its virtual room for everyone to play.
Investing in Ethereum (ETH) or Ethereum Classic (ETC) vs. Metacade (MCADE).
Ethereum faces fierce competition and demand for ETH has been low since the merger. It is unlikely to be the best crypto investment at present. As for Ethereum Classic, it is hard to see a real use case outside of a purely speculative asset. Both tokens have their own merits, but their future seems uncertain at this point.
Metacade, meanwhile, is a newly launched project, poised to conquer the metaverse to become the leader in a sector that will undoubtedly grow rapidly in the coming years. Its multiple winning features and community-oriented approach are likely to attract thousands, if not hundreds of thousands, of users disappointed with the current state of the gaming industry. If Metacade succeeds in realizing its vision, it could soon become one of the most successful chips of 2023.
And there’s no better time to buy than now. Since Metacade is still in Phase 1 of its presale, you can get 125 MCADE tokens for just $1. In the final stage of the presale, phase 8, you will only be able to buy 50 MCADE tokens for $1. If you want to be part of GameFi and Metacade’s growth as a leader in this industry, there is no better time to start.
You can participate in the Metacade pre-sale. here.
À la une1 year ago
What is Injective (INJ) and how to buy it? ✅ 2022
News2 years ago
Amazon dans l’écosystème WAX | Où peut aller le $ WAXP ? Analyses
News5 years ago
Prix des crypto-monnaies aujourd’hui 23 avril 2019, une matinée de forte accélération pour BTC
News4 years ago
Prévisions Bitcoin, tout comme prévu! Prix BTC en tendance baissière … et maintenant?
News4 years ago
Prix du Bitcoin, prévu aujourd’hui: hausse en vue pour BTC? Voici à quoi s’attendre!
News5 years ago
Prix des crypto-monnaies aujourd’hui 10 avril 2019, marché en reprise
News5 years ago
Prix des crypto-monnaies aujourd’hui 8 mai 2019: marché en baisse pour le main et l’altcoin
News4 years ago
Prix Ethereum toujours supérieur à 180 $, attendez avant d’acheter ETH