The crypto market crash of 2022 has seen the value of cryptocurrency plummet. This has certainly been bad news for current crypto holders, but it also provides an opportunity to invest in cryptocurrencies that should see a steady rise as the market rebounds.
Monero vs. Bitcoin is a common comparison when talking about which cryptos will have the best future growth. At the same time, a newcomer, Metacade may just be the better investment going forward.
Bitcoin vs Monero has been a question crypto enthusiasts have asked since the early stages of Monero’s conception. With the former now recognised as a store of wealth, its open blockchain has its drawbacks, making it an uncomfortable option for privacy advocates. Monero offers a significantly higher degree of privacy, but its uptake has nevertheless been relatively sluggish in terms of investment.
While the debate between which is the better of the two should go on, a more successful investment may actually be a relative newcomer to the crypto sphere, particularly as it has avoided the crypto market crash. Metacade, and more specifically its token MCADE, will build off the success of past cryptocurrencies and the popularity surrounding NFTs, to cement its place as one of the best investment opportunities of the future.
One of the arguments against cryptocurrencies, whether Monero vs Bitcoin or others, has been that there’s no intrinsic value. Unlike a stock, which is backed by the performance or assets of the company the stock represents, cryptocurrencies are measurements of digital currency themselves, meaning they aren’t tied to the success of any particular business, company, or good. NFTs, otherwise known as non-fungible tokens, are different in that they are connected to whichever site or game has issued them but similarly, their value is determined purely by market sentiment – as a digital product, they also often possess no intrinsic value.
Native to the Metacade virtual arcade, the MCADE token directly offers utility across the platform and in a sense represents the value of the arcade. As a GameFi project hub, Metacade is squarely targeting an intensely popular segment and looks to offer strong attraction to gamers, gaming enthusiasts, and game developers for years to come.
Metacade is a virtual community hub where Web3 enthusiasts can become immersed in all things GameFi, offering the chance not just to play to earn, but to shape the future of metaverse gaming, by allowing users to choose which games are developed by voting on which developers recieve grants, known as Metagrants, for their proposals.
Metacade users will be offered a strong level of interaction, not only with each other, but also with developers behind titles on the platform, creating an extraordinary user-operated virtual arcade in the metaverse. Community members will be rewarded additional tokens for game testing.
The platform cleverly incentivizes users to participate, by offering them MCADE tokens for activities such as writing reviews, sharing top gaming alpha, winning tournaments, and staking. This means that Metacade is set to become both an exciting space to hangout and earn in, as well as contribute to a broader aim to revolutionize the gaming world.
Metacade, with its decentralized GameFi structure, ability to craft the very future of games, and plentiful chances to earn, all while becoming a vital part of the larger gaming scene, will undoubtedly draw gaming enthusiasts from across the globe.
With its presale only just underway, Metacade has managed to carefully avoid the pitfalls of the crypto market crash and is predicted to see steady gains as the popularity of its target sector continues to expand during the crypto market rebound. This will make Metacade one of the most successful investment opportunities in the crypto sphere and make irrelevant any debate about Monero vs Bitcoin, or any other cryptocurrency.
You can participate in the Metacade pre-sale here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.