Metacade’s Community-Driven GameFi Platform Raises Over $10M in Presale

chainwire

Play-to-earn favorite Metacade continues to draw investor attention after raising more than $10m, as it now enters the penultimate stage of the presale. With confirmed listings on Bitmart and Uniswap due after the presale ends on the 30th of March, there are only 16 days left before the token goes public.

 

 

 

 

 

 

MCADE is available to buy on the official Metacade website.

Russell Bennet, CEO of Metacade, said of the recent presale success: “I’m absolutely thrilled that we’ve continued our traction and have hit such a huge milestone. The confidence that our supporters have put in us is something that will drive the team forward as we enter our final stage.”

The accelerated interest in the project has undoubtedly been helped by the recent announcement that the project has hired Principal Product Designer, Tyler Lange.

Russell further elaborated by saying, “We’re delighted to have Tyler on board. This puts us ahead of schedule in terms of the front-end development of our end product. We’re now in a position to start developing the initial app concepts, which I’ll be showcasing in an upcoming AMA.”

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, following hot on the trail of this year’s GameFi trend that captures international audiences made up of both investors and gaming enthusiasts.

Metacade focuses on community-driven concepts and very much embraces the DAO ethos, with regular polls and AMAs offering investors and enthusiasts the opportunity to guide the direction of the project. The platform will deliver play-to-earn, create-to-earn, and compete-to-earn mechanics to deliver a GameFi product with a broad use case that can grow and develop whilst rewarding its members both financially and in terms of online and mobile app gaming experience.

The Metagrants initiative in particular draws in investors as a source of funding for game developers, who are incentivized to build platform-specific projects. Following the social chats, especially on Telegram, we’ve already seen a number of exciting concepts being sent in from users and addressed in recent AMA events. The most popular proposals will be subject to community votes on what is the best direction for upcoming development.

The stamp of approval from CertiK, the leading blockchain auditors, reassures investors that the project specifications and code are reviewed and the Metacade team has passed KYC. This puts Metacade on the same level of confidence as other CertiK projects including Aave, Polygon and Chiliz. The full audit results are available on the CertiK website.

About Metacade
Metacade is the premier destination for gaming in the metaverse. As Web3’s first community arcade that allows gamers to hang out, share gaming knowledge and play exclusive P2E games. The platform offers users multiple ways to generate income, build careers in Web3 and connect with the broader gaming community.

Metacade will be the one-stop destination for users to play, earn and network with other passionate gamers worldwide. Once the project reaches the end of its roadmap, Metacade will be handed over to the community as a full-fledged decentralized autonomous organization, evidencing its commitment to people-led gaming.

Links
Website  | Whitepaper | Socials | CertiK Audit

 

Contact

CEO
Russell Bennett
Metacade
[email protected]

Read this next

Retail FX

IronFX Celebrates an Award-Winning Start to 2024 with a Series of Industry Recognitions

IronFX, a global leader in online trading, has embarked on 2024 with a spectacular display of accolades that highlight its commitment to excellence and innovation in the competitive financial services sector.

Industry News

FIA urges CFTC to regulate use cases rather than AI itself

“We urge the CFTC to refrain from crafting new regulations that generally regulate AI because this approach presents certain well-known pitfalls. By approaching the issue from the perspective of AI as a technology, rather than the use case for the technology, corresponding regulations would likely necessitate a definition of AI. We anticipate that any attempt to properly define AI would be very challenging and require considerable resources.”

Education, Inside View

The Power of Public Relations in Finance: Shaping Perceptions & Building Reputation

It’s safe to say that the finance industry has faced its share of reputation crises over the years, from the 2008 financial collapse to the many scandals around irresponsible lending, political corruption, and even Ponzi schemes. 

Digital Assets

Crossover’s crypto ECN executed over $3 billion in Q1 2024

“Our growth is also driving continued increases in the percentages of trades that are ‘Order Crossing Order’ (OXO). Currently, roughly 10% of all trades executed on CROSSx are OXO, another differentiator in our platform’s capacity. This capacity and our unique execution model provide value to both the market maker and taker, as evidenced by our commercial model.”

blockdag

BlockDAG’s Explosive Presale Hits $20.3M In April Swaying Investors From XRP’s Price Trends Upward, & Polygon’s NFT Market

Learn about BlockDAG’s impressive $20.3M presale results, XRP’s price increase prospects, and the booming NFT market on Polygon among the top 10 cryptocurrencies.

Retail FX

Financial Commission warns of Eplanet Brokers

The Financial Commission, a self-regulatory compliance specialist for the financial services industry, is ramping up its scrutiny of unregulated brokerage firms. Today, the independent association warned against a company called Eplanet Brokers.

Retail FX

Dubai crypto exchange steps into prop trading

Dubai-based cryptocurrency trading platform, CoinW Exchange, marked its sixth anniversary by announcing a rebranding initiative and launching a proprietary trading product.

Fintech

Bitcoin payments app Strike launches in Europe

Bitcoin blockchain-based payments app Strike launched in Europe on Wednesday, allowing users in the region to buy, sell, and withdraw bitcoin (BTC).

Chainwire

Bandit Network’s Points SDK and Brave Ads Power Astar zkEVM’s Quest Platform “Yoki Origins”

“Yoki Origins,” supported by Bandit Network and Brave Ads, introduces a gamified and rewarding experience for Astar zkEVM users, marking a significant milestone in Web3 adoption.

<