
The Cryptocurrency market might be on its way to recovery After many investors have begun exploring startups that could soar in the upcoming year. One of the most important gainers may be Metacade (MCADE). Here we explain why your MCADE card might soon have added features.
Why The Cryptocurrency Market is Expected to Improve in 2023
Although 2022 was definitely one of the most difficult crypto winters investors have experienced, 2023 could be a brighter year. After several projects in the crypto market have appeared to hit rock bottom, particularly in January, buyers may be looking for the beginning of an epic bull run.
It is becoming increasingly likely that a recession can be avoided through sky-high inflation, increasing interest rates, and other factors. One of the biggest causes of the cryptocurrency market’s collapse in 2022 was the decision to raise interest rates. But this year, with inflation decreasing quickly and the Federal Reserve not raising rates, the “risk on” attitude that gave crypto its big break in 2021 might be back.
Despite the bearish outlook for crypto, it is worth considering. Many tasks this year include sharding and other major steps. Ethereum and Cardano’s Djed are being used as a stablecoin cryptocurrency, while global adoption of blockchain by companies and businesses worldwide is expected to increase. For example, we will launch Instagram digital collectibles on the Polygon network.
What Is Metacade (MCADE)?
If things are not as bad as initially expected in the cryptocurrency market, Metacade may reap the biggest reward. This social platform is for gamers who play for real money (P2E). Their goal is to be the main Web3 destination for P2E gaming, offering a complete platform to gamers that provides everything they need to get to the GameFi space.
The site will feature dedicated boards for gamers to discuss the latest titles, reviews to help them find games worth playing, and areas where they can search the best GameFi alphas, as posted by P2E veterans. But many social platforms can take value from their users but give nothing in return. Metacade has several innovative features that aim to deliver value at every step.
Top 3 Reasons Why You Should Buy Metacade (MCADE)
1. Maximum Value for P2E Gamers
This values-based philosophy is best demonstrated by the rewards system. In recognition of his or her contributions to the community, the MCADE token rewards gamers for sharing opinions, tips, and participating in the group’s various activities. It’s a win-win situation: P2E pros can share their knowledge to increase their earnings, while newcomers can benefit from the collective knowledge and experience of the group.
The Metagrant Scheme is what really sets Metacade apart from its peers. The community can use -grants to distribute platform funds to game developers. Players can vote on competing projects. This democratic funding program not only stimulates innovation in the GameFi market, but also gives the community the ability to directly influence the games they play.
2. Community Focus
It’s easy to see how these two features can foster an engaged community that is deeply invested in the success of Metacade. User contributions and support will help take it to new heights. However, these elements are often not the only ones that lead to increased platform engagement.
You can also interact in real-time with other P2E fans and participate in tournaments, contests, or giveaways. There will even be a Jobs and Gigs board launching in 2024, where users can join Web3 or game companies to search for their next temporary, part-time, or full-time job.
Perhaps the most important step Metacade will take is to interact with the community as its decentralized autonomous organization (DAO). In 2024, the DAO will allow users to directly govern the platform and make decisions about future changes. This will ensure Metacade remains truly community-oriented and that user needs are always met.
3. Growth Potential
It is now clear why Metacade may soon rise up the ranks of the crypto market and become the home of Web3 P2E gaming. But how big will the GameFi market be outside of the basic offerings on the platform? Model Essence estimates the market will grow by 20.41% annually, reaching a value of $2.89 trillion by 2028. Crypto.com predicts the market for P2E will grow at a rate of 100% annually to $50 billion by 2025.
These figures show the immense growth potential in the GameFi market. As a community platform is needed, Metacade may have the solution to that problem, offering an exciting offer that is sure to attract thousands