The term “metaverse” has become increasingly popular in late 2021, as investors attempt to capitalize on the growing metaverse gaming industry. A new cryptocurrency, Metacade, has recently come to the attention of crypto circles.
Today we’ll explore the differences between The Sandbox and Metacade, and which one may be right for you.
Player Ownership is at the Core of The Sandbox (SAND)
The Sandbox is one of the most popular metaverse platforms available. It is powered by Ethereum Blockchain technology, allowing users to create immersive gaming experiences. Before they can start building, players must first purchase LAND NFT on The Sandbox Marketplace.
Using the VoxEdit tool, players can create unique items for their LAND and store them on the Blockchain as ASSET NFTs. Additionally, entire sets can be created within the Game Maker environment and stored as GAME NFTs. This system has enabled a variety of games and experiences to be created within The Sandbox, including titles from well-known brands such as Rabbids, The Walking Dead, and Atari.
Every NFT can then be traded on the The Sandbox Market, creating a whole industry around user-generated content. LANDs can be sold for as much as $2,000, while virtual sculptures are available for as little as $16,000.
What is Metacade?
Metacade is an online community hub that seeks to be at the heart of Web3 and GameFi. It provides a place for gamers to get lost in metaverse worlds, earn money by playing games, and connect with other crypto and gaming enthusiasts, all with the aim of maximizing the growth of the GameFi industry.
Metacade will reward its users with the MCADE token for every review, alpha game experience, or article/video they produce. This is a mutually beneficial system, in which gamers are rewarded for sharing their knowledge, while newcomers can quickly improve their skills on the platform.
Not only does Metacade plan to acquire and develop land within existing games such as The Sandbox, it also aims to be the all-in-one solution to help anyone succeed in the blockchain gaming space.
What Makes Metacade Different from Other Metaverse Platforms like The Sandbox?
The key difference between The Sandbox and Metacade is that it is not just another metaverse world. Rather, it is the go-to destination for anyone looking to make the most out of the rapidly developing GameFi industry.
Metacade also plans to employ its own funding system, called Metagrant. This will allow the community to vote on and fund the games they want to see developed. Furthermore, developers will have access to beta features on the Native Sandbox platform to get direct feedback from users and host their games within Metacade’s virtual arcade. Eventually, the platform hopes to fill its virtual world with some of the best P2E games ever created.
Metacade also plans to launch a jobboard in 2024 to help the community find short-term and long-term jobs in testing, developing, and managing metaverse worlds. Whether it’s just a quick gig to play a video game for a few hours or a permanent position, the platform will enable users to discover these unique opportunities.
Which is a Better Investment: The Sandbox or Metacade?
The Sandbox has achieved immense popularity among crypto investors, but its actual user base leaves a lot to be desired. According to Radar Dapp, the number of active wallets (UAWs) that interact with The Sandbox smart contracts rarely exceeds 1,000 per day and peaked at 4,533 in early 2022.
Metaverse games are still relatively new, so it may take time for gamers to fully embrace them. However, some games, such as PUBG and Rust, have seen player counts of 17,000 and 9,000 respectively in their first months, according to Steam Charts.
This isn’t to say that Metacade isn’t successful. In fact, the platform’s vision of democratizing funding and developing games will allow gamers to choose what they want, resulting in a more vibrant industry. Metaverse worlds like The Sandbox can come and go, but Metacade is here to stay.
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