London, United Kingdom, March 29, 2023 – Metacade, one of the most exciting GameFi ventures of 2023, has now raised over $14.7 million as the presale enters its final hours. With over 90% sold, the project expects to sell out ahead of the scheduled closing time, set for Friday, March 31, at 23:59 Pacific Time.
Metacade’s CEO, Russell Bennett, commented:
“We are rocketing toward the finish line and think we may even get there ahead of time. The support from the community has been fantastic, and we’re delighted with our success so far. Although the work has only just begun for us, now is the time to prove what we can really do by overdelivering on our roadmap and other fronts!”
Metacade (MCADE) tokens can be purchased until they sell out or until March 31 — whichever is sooner. Users can participate in the final stage presale here.
The announcement of its impressive fundraising milestone follows a string of positive developments presented in a live three-part “Metaseries” by Metacade CEO Russell Bennet. This included a product walkthrough, highlighting the progress made so far, and a detailed overview of its staking and listing plans. The Metaseries can be viewed on its YouTube streams channel here.
Following the presale closing, Metacade will list its MCADE token on Uniswap on April 6 and BitMart on the week ending April 16, with several more exchange partnerships following shortly after.
As one of the first community-driven arcades in the blockchain arena, Metacade will offer a plethora of play-to-earn (P2E) games that will incentivize players with the native MCADE token based on their achievements. This a highly appealing option for those looking to explore the exciting world of community-driven arcades.
Metacade’s earning mechanism has been tailor-made to appeal to a wide range of blockchain enthusiasts, with the platform striving to become the go-to hub for Web3 users.
The Metacade white paper highlights a number of noteworthy features, but one that stands out is its innovative Metagrants program. Operating via a voting system, the program allows members of the Metacade community to propose and vote on projects they deem worthy of funding. Once a project has been approved for funding, the developer receives a grant from the Metacade treasury, which they can use to develop their game.
One of the key advantages of the Metagrants program is that it fosters the growth of the blockchain gaming industry by providing financial support to promising new projects for up-and-coming blockchain game developers.
The Metagrants program operates innovatively, allowing developers to submit funding applications to support the design and creation of the next generation of GameFi titles. Once submitted, these are assessed by the Metacade community, where MCADE holders can cast their votes in support of their favorite proposals. The most popular ideas are awarded crypto investments to support the game production process, with the first Metagrant game set to debut on the platform in Q1 of 2024.
Metacade tokens can be purchased until they sell out or until March 31 — whichever is sooner. Users can participate in the final stage presale here.
Metacade aims to become the go-to hub for gaming within the metaverse. As the first community arcade in the Web3 space, it provides a platform for gamers to socialize, share their gaming expertise and play exclusive P2E games. By offering various income-generating opportunities and career-building pathways within the Web3 ecosystem, Metacade looks set to become an important hub for the gaming community to connect and engage with like-minded enthusiasts.
Putting Metacade on par with other projects like The Sandbox, Polygon and Axie Infinity, the highly anticipated P2E platform has earned approval from CertiK — a top-tier blockchain auditor — which gives investors peace of mind that the project’s code and specifications have been reviewed and that the Metacade team has passed the Know Your Customer process, instilling confidence in the project’s legitimacy.
The overwhelming enthusiasm surrounding Metacade’s presale is indicative of its potential to become the go-to GameFi hub for P2E gamers alongside a wide range of other use cases.
Website | White paper | Metacade socials