Metacade is a web3 community hub for gamers and crypto enthusiasts. It is designed to be a vibrant, engaging virtual hangout spot where individuals with similar interests in gaming and cryptocurrency can connect, communicate, and collaborate. Metacade aims to revolutionize traditional community gaming hubs by leveraging Web3 technology, providing a decentralized environment for users to explore the world of GameFi and experience the diverse culture of Web3. The platform offers a variety of play-to-earn games, allowing users to earn the nativeMCADE tokens, which can be used for various purposes within the platform, such as entering competitions and prize draws.
Metacade is more than just a gaming platform; it is a self-sustaining ecosystem with a vision to become the world’s first player-owned virtual arcade. It plans to transition to a decentralized autonomous organization (DAO) by Q4 2024, giving community members the power to make critical decisions and assume leadership roles. The platform values user contribution and aims to put game creation and development back in the hands of the gaming community, fostering innovation and user value maximization.
Metacade operates as a community-driven platform, offering a plethora of play-to-earn (P2E) games and rewarding users with MCADE tokens for their participation and contributions to the community. Users can earn by playing games, writing game reviews, sharing knowledge, and interacting with other community members. The platform also features a Compete2Earn scheme, allowing players to test their skills against others globally, and a Create2Earn mechanism, rewarding users for their innovative ideas and contributions to the platform.
To fund rewards and become self-sufficient, Metacade relies on multiple revenue streams, including competition entry fees, advertising, game releases via Metacade’s Launchpad initiative, and job postings from external GameFi and Web3 companies. Starting in 2024, Metacade will introduce a Work2Earn scheme, featuring a job board with opportunities in Web3 development, paid gigs, and internships for the gaming community.
Metacade is also a proponent of GameFi innovation through its Metagrants program, allowing developers to apply for funding to create new arcade titles for release on Metacade. MCADE token holders have the power to vote for the submissions, ensuring the development of games that the community desires. The platform aims to release the first Metagrant-backed title in Q1 of 2024.
MCADE has a max supply of 2,000,000,000. The current circulating supply of MCADE is unknown.
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