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What is Metacade? A new Metaverse trend has arrived

Trends come and go, but it looks like the metaverse is firmly here to stay. In crypto, we’ve seen a wide range of trends: DeFi, NFTs, and now, metaverse tokens. One project hoping to capitalise on the metaverse trend is Metacade, a community-centred platform aiming at the heart of GameFi.

In this article, we’ll explain why you should be interested in investing in the metaverse, as well as how Metacade intend to revolutionise how GameFi within that.

The Future of the Metaverse

Before we talk about Metacade, we need to set the scene. The metaverse, particularly metaverse gaming, is set to become one of the fastest-growing industries in the world over the coming years.

Analysts at Emergen Research expect that the metaverse will expand to be worth $1.6 trillion by 2030, growing at a compounded annual growth rate (CAGR) of 43.3% during this period. Similarly, according to Global Market Estimates, the metaverse gaming market is projected to grow to be worth $710.2 billion in 2027, growing at a CAGR of 38.2% between 2022 and 2027.

If these stats aren’t enough to impress you, then take a look at what insiders in the gaming industry think. As of late 2021, EY reported that 97% of gaming executives believe that the gaming industry is positioned at the center of the metaverse as it stands today. This represents incredible opportunities for gaming platforms like Metacade to dominate the marketplace and grow at a rapid pace.

What is Metacade?

Metacade is a community hub built for gamers by gamers. It’s a platform that plans to be at the forefront of the latest Web3 and metaverse trends while revolutionising the gaming industry in the process. The team behind Metacade have a vision of a thriving virtual arcade where players meet up, discover the latest play to earn games, and have their say on the future of gaming.

The current state of the gaming industry is heading towards ever-increasing centralisation and monetisation while simultaneously managing to deliver underwhelming games. Metacade’s team wants to flip this model on its head: they aim to create a decentralised community that directly rewards its users for the value they add, while encouraging the development of only the best Web3 and metaverse games.

What Makes Metacade a Hot New Metaverse Trend?

Giving Players an Edge in GameFi

Metacade aims to be the ultimate haven for everything GameFi. Part of this plan is to feature leaderboards, a comprehensive review system, and a repository for the most valuable GameFi alpha - to help create equal access for anyone interested in the latest blockchain gaming and metaverse trends. Eventually, they believe this will lead to Metacade becoming the internet’s number one resource for Web3 gaming.

Rewarding Players For Their Role in the Community

To further incentivise players to contribute to the Metacade community, they will reward users with their native MCADE token every time they post a review, share the best tips, or even participate in testing the latest play to earn games. This opens up a new avenue for players to earn more from their passion, and its innovative reward model alone could make Metacade one of the hottest metaverse trends of 2023.

Funding the Best Play2Earn Titles

At this point, you might wonder how Metacade plans to encourage the development of Web3 and metaverse games on its platform. The answer is through Metagrants. Essentially, Metagrants are a way for the community to allocate funding to the GameFi projects they want to see built. Developers enter their ideas into a competition, and the Metacade community votes for their favourite, creating a democratic development process that allows even the smallest studios to get their big break over the billion-dollar titans of the gaming industry.

Start a Career in Web3

Play to earn games and giving back to the community aren’t the only ways to make money with Metacade. As the metaverse trend grows ever stronger, the number of opportunities to find casual and long-term work in this industry will increase exponentially over the upcoming years.

Part of Metacade’s roadmap for 2024 is the introduction of a job board where players will be able to find work with developers working at the cutting edge of Web3. This might range from a one-off testing role helping a small team of indie developers, to greater positions - perhaps as an exclusive senior developer role with some of crypto and GameFi’s biggest names.

Right now, no platform currently exists where these roles can be found in one place; typically, you need to know the right people or spend hours hunting and marketing yourself. Metacade aims to be the platform that brings the solution into focus.

Metacade: One of Web3’s Hottest Metaverse Trends

No matter your opinion on the metaverse, the proof is in the numbers: it is here to stay. Given Metacade’s epic plans for the future, it’s safe to say the platform could herald in a new metaverse trend: community-run game development across the metaverse. For this reason, it wouldn’t be surprising if Metacade quickly climbs the ranks to become one of Web3’s most groundbreaking communities.

You can participate in the Metacade pre-sale here.

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