The Play2Earn revolution (P2E) is here to stay. As recent reports predicted that the P2E market would reach $2.8 billion in 2028 from $776 million by 2021. Games like Axie Infinity have become extremely popular and now a brand new project called Metacade is looking to make a splash in the growing GameFi market.
In this article, we’ll explore why Axie Infinity is so popular and why Metacade could soon surpass it as one of the most valuable P2E projects.
Axie Infinity (AXS), offers numerous ways to make money while playing
Infinite Axie (AXS) is a P2E-game built on the Ethereum blockchain. It’s a Pokemon-style game in which players battle each other using Axies, virtual monsters stored as NFTs. They can be bought and sold by players on the blockchain, and some have been sold for over 369 ETH, worth more than $800,000 in July 2021.
This provides an incentive to participate and win duels and rewards can be exchanged for real money. There are other ways to generate revenue in Axie Infinity too, such as breeding Axies for their unique traits, or renting them out to other players.
The game has also become a lifeline for gamers in low-income countries like the Philippines and Indonesia, whose regular jobs were lost due to the coronavirus pandemic. P2E can provide them with a new source of income.
What is Metacade (MCADE)?
Metacade is a community center, a hub at the center of the GameFi industry. It allows gamers to network with crypto investors, discover the latest P2E gaming products, learn how to maximize their gaming revenues, and even voice their opinions about the games they want to play.
The core philosophy of Metacade is to make sure everyone can benefit from P2E, regardless of their background or resources. The ultimate goal is to build the first virtual arcade owned by players that generates some of the most popular P2E games available.
Why Metacade (MCADE) could be a leader in P2E?
The Ultimate Web3 P2E Resource
Metacade wants to make sure that everyone can participate in P2E gaming and earn more. To achieve this, they offer GameFi alphas, reviews and game breakdowns from some of the industry’s most prominent gamers. Anyone who wants to make it big in P2E can find the resources they need.
Reward the community
Experienced gamers need an incentive to share their knowledge with new players, so Metacade provides rewards through the MCADE symbol. This means that even if you’re new to P2E, you can still make money by sharing your opinions on a new game you’ve played.
The community supports the following titles
One factor that could drive Metacade’s launch in 2023 is Metagrants. This is a type of grant awarded to game developers who have won exclusive funding contests. In these contests, developers submit game ideas to the community for them to vote on, and the most popular will receive money from the treasury. Developers can also beta-test their game in the native Metacade test environment.
Become Fully decentralized
Once Metacade has become self-sustaining, the core team will resign and let it become a Decentralized Autonomous Organisation (DAO). Leadership positions will then be granted to the most prominent members and every MCADE holder will be able to vote on the future direction for the community.
Which is the best investment: Axie Infinity (AXS) or Metacade (MCADE)?
Axie Infinity is one of the first P2E games to become mainstream, and it was able to attract a large audience. At its peak, nearly 3 million players were present and it has the potential to change lives all over the world by creating a new source of income.
Think of Axie Infinity as the movie, and Metacade as Netflix, the platform that allows users to find and play these games. GameFi is projected to grow 10 times faster than traditional games by 2025, according to a recent CryptoReport from.com, so Metacade is an opportunity to get in on one of its most promising projects.
You can purchase Axie Infinity on eToro here. Participation in the Metacade presale here
