Cryptocurrency Industry News

Metacade’s P2E Token Presale Crosses $10M

Published by
Written By: Michael Abadha
Share
    Summary:
  • Metacade is selling its MCADE token in a presale ahead of exchange listing scheduled for April 2023. We discuss the hype around the project.

Metacade , the fast-rising play-to-earn platform, has raised more than $10m its MCADE token pre-sale, as it now prepares to enter the seventh stage of the presale. With only 16 days left before the token goes public, the token has already confirmed listings on Bitmart and Uniswap, ahead of the pre-sale’s ending on 30th March,2023.

The recent announcement that the project has hired Principal Product Designer, Tyler Lange has accelerated interest in the project, and investos have been flocking the official Metacade website to buy MCADE.

Acording to the Metacade team, the entry of Tyler puts the project ahead of schedule in terms of the front-end development of their end product. Metacade is now better placed and prepared to start developing the initial app concepts. These concepts will be showcased in an upcoming AMA.

The MCADE presale success and what next for Metacade

With the presale amount raised now passing the $10 million mark, the team has high hopes for the price of MCADE as it launches on exchanges throughout April 2023. The platform will be focusing on delivering play-to-earn, create-to-earn, and compete-to-earn mechanics to deliver a GameFi product with a broad use case.

This approach is based on the belief that fostering a sense of community among its users will lead to increased engagement and ultimately fruitful interactions with the project, both financially and in terms of the quality of the members’ gaming experiences.

To succeed, Metacade says it will rely on ideas generated by its users and the principles of the Distributed Autonomous Organization (DAO). Also, it carries out regular polls and AMA platforms for investors and enthusiasts to have their say on developments on the platform.

The project also runs the Metagrants initiative, which helps game developers bring their concepts to life by funding the. This segment of Metacade in particular incentivizes developers to build platform-specific projects. By doing this, Metacade will be able to grow its gaming portfolio, expand its ecosystem and community of users. To qualify for a grant, developers should send their concepts for discussion and voting by the Metacade community. The community will vote to choose the winning proposals.

This post was last modified on Mar 14, 2023, 12:26 GMT 12:26

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