Maybe Metacade is the right choice?

This article is a submission and is not the responsibility of Crypto Insider. This is not financial advice and our analysts are not financial advisors. Investment involves risks. Always consult an advisor when making financial decisions. The information and tips on this website are for educational purposes only.


Ethereum vs. Polygon was the choice that came to mind for many investors over the past year as the bull market continued to rumble. While Ethereum (ETH) was the blockchain of choice for decentralized finance projects and NFT releases, Polygon (MATIC) started to become a competitor for free NFT listing on OpenSea. There was a chance that Polygon could overtake Ethereum, but if investors are looking for outrageous profits, neither is likely to pay off in the short term. This is where Metacade can come into play.

What is Metacademy?

Metacade is a brand new project currently engaged in a token presale for its MCADE utility token. The project focuses on the booming play-to-earn gaming sector within the growing metaverse. Both sectors look set to have a huge future impact in the cryptocurrency and metaverse world, and Metacade hopes to magnify this by coming up with something that can cause a stir. The Metaverse platform aims to be the ultimate hub where developers and players can meet and collaborate in a complete gaming ecosystem.

At this stage, the primary goal of the project is to grow a strong user base and build the world’s first community-driven metaverse arcade. Metacade strives to provide great value to developers, players and investors at all levels of the gaming community. Users can earn rewards and support the project with MCADE efforts. Developers can earn grants to build new games, and players can then test and review them in a cyclical, sustainable way.

Instead of investing in a single project or game that could be a success or a flop, Metacade has the advantage of being the metaverse hub for multiple projects. Diversification is therefore much better. It’s like investing in Disney or Netflix instead of a single movie. Or invest in Sony instead of a single game.

Ethereum merger does not change in the short term

Ethereum (ETH) recently made a long-awaited switch from a Proof-of-Stake (PoS) blockchain architecture to Proof-of-Work (PoW). The so-called Merge upgrade was many years in the making, and many investors hoped it could trigger a rally in the coin. In the end, the PoS movement simply made ether 99.95% more energy efficient. It is a step in the right direction, but there is no major rally for ETH right now.

Polygon lost its chance to overtake

Last year, when it started to become a popular option for OpenSea NFT purchases, Polygon started to show some signs of being a top five coin in the making. But in reality, the maximum market cap for the project was $20 billion, which was nowhere near the $500 billion peak in ETH at the time. One of the main disadvantages of Polygon is a much larger coin circulation of 8.5 billion compared to Ethereum’s 122 million. Polygon has missed an opportunity to establish itself in the bull market, and the near-term outlook does not point to a major change in fortunes.

Why should you invest in Metacade?

Metacade offers a disruptive platform that will serve two of the most popular crypto sectors in the coming years: play-to-earn and the metaverse. The project also extends the play-to-earn theme with Create2Earn, an opportunity for developers to leverage their efforts. The obvious path for a P2E arcade in virtual worlds includes NFTs and DeFi elements for a fully metaverse Game-Fi platform.

Ethereum and Polygon are focused on providing services to other projects and hosting smart contracts and decentralized apps. The dream of using these as a payment option is gone, and while they will eventually attract investors and developers, the benefit will be slow to emerge. P2E and metaverse could bring a huge rush of everyday users in the future, and Metacade’s arcade would be the perfect hangout for both casual and more serious gamers.

Conclusion

Cryptocurrency investors have been hurt by the bear market, and Polygon lost its chance to overtake Ethereum (ETH). The latter has now been upgraded to a cleaner blockchain, but the near-term outlook for both is likely to improve slowly. The roadmap for Metacade to 2023 starts with a major marketing campaign to attract a large community. Once completed, the project can grow significantly. The development of the arcade and the worldwide acceptance of the metaverse will be the real spark for this innovative project.

Join the Metacade presale here.


This article is a submission and is not the responsibility of Crypto Insider. This is not financial advice and our analysts are not financial advisors. Investment involves risks. Always consult an advisor when making financial decisions. The information and tips on this website are for educational purposes only.

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