Cryptocurrency Industry News

Metacade Presale Hits $14.7 Million As Deadline Approaches

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Written By: Michael Abadha
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    Summary:
  • Metacade has been pre-selling MCADE tokens since Q4 of 2022 and it is now nearing completion, with 90% of the presale tokens sold.

As its presale nears its conclusion, the GameFi project Metacade has announced that it has raised almost $14.7 million. Until they are gone, or until March 31st, users can get their hands on some MCADE tokens at a lower price before they are listed on exchanges. The deadline for the presale is this Friday, March 31, at 23:59 Pacific Time, and with the current sales rate, it’s expected that all available tokens will be purchased well before then.

As soon as the pre-sale ends, on April 6, Metacade will list its MCADE tokens on Uniswap, and the following week, on April 16th, it will list them on Bitmart. Soon after, the project intends to list MCADE on more exchanges once they reach agreements.

Metacade’s mission to shake up GameFi

With its innovative monetization strategy, Metacade aims to become the central hub for Web3 users and attract a diverse audience of blockchain lovers through GameFi. Metacade will be one of the first community-driven arcades on the blockchain, and it will feature a wide variety of play-to-earn (P2E) games. The project’s native MCADE tokens will be used in-game to reward players for their efforts.

In addition, Metacade administers Metagrants, a program that invites game developers to submit requests for financial assistance in order to facilitate the development of future GameFi titles. Members of the Metacade community offer projects they’d like to have funded, and the community votes on which ones are the best. Metagrants is designed to promote the growth of the blockchain gaming industry by helping emerging blockchain game developers create and market their work.
Metacade is poised to become a vital node for the gaming community to interact and engage with like-minded gamers by providing a variety of revenue-generating and career-building possibilities inside the Web3 ecosystem. The success of the Metacade presale is further evidence of the project’s potential.

This post was last modified on Mar 29, 2023, 16:32 BST 16:32

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha