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Metacade Raises $14.7 Million as Presale is Set to Close in 72 Hours

by BlockNews Team
March 30, 2023
in Business, Gaming, Metaverse, Technology
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Metacade Raises $14.7 Million as Presale is Set to Close in 72 Hours
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  • Metacade has raised over $14.7 million in their presale, with over 90% of tokens sold.
  • The platform offers play-to-earn games and a Metagrants program that supports up-and-coming blockchain game developers.
  • Metacade tokens can be purchased until they sell out or until March 31st, and the MCADE token will be listed on Uniswap on April 6th and BitMart on April 16th.

Metacade, one of the most interesting GameFi ventures of 2023, has now raised more than $14.7 million as the presale enters its final hours. 

With over 90% sold, the project anticipates selling out ahead of its scheduled closing time of Friday, March 31st, 23:59 Pacific Time.

Metacade CEO Russell Bennett stated, “We are rocketing towards the finish line and think we may even get there ahead of time. The support from the community has been fantastic, and we are delighted with our success so far. Although the work has only begun for us, now is the time to prove what we can do by overdelivering on our roadmap and other fronts!”

Metacade tokens are available for purchase until they sell out or until March 31st, whichever comes first. Users can take part in the final stage presale right here.

Their impressive fundraising milestone is announced after a string of positive developments, presented in a live three-part ‘Metaseries’ by Metacade CEO Russell Bennet. This included a product walkthrough highlighting their progress thus far and a detailed overview of their staking and listing plans. 

Following the close of the presale, Metacade will list their MCADE token on Uniwsap on April 6th, followed by BitMart on the week ending April 16th, with several more exchange partnerships following shortly after. 

As one of the first community-driven arcades in the blockchain space, Metacade will provide a slew of play-to-earn (P2E) games that will reward players with the native MCADE token based on their achievements. This is a fantastic option for those looking to dive into the exciting world of community-driven arcades.

The earning mechanism at Metacade has been designed to appeal to a wide range of blockchain enthusiasts, with the platform aiming to become the go-to hub for Web3 users.

The Metacade whitepaper highlights several noteworthy features, including its innovative Metagrants program. The program, which operates on a voting system, allows members of the Metacade community to propose and vote on projects they believe are worthy of funding.

Once a project is approved for funding, the developer receives a grant from the Metacade treasury, which they use to develop their game. 

The Metagrants program promotes the growth of the blockchain gaming industry by providing financial support to promising new projects for aspiring blockchain game developers.

The Metagrants program is unique because it allows developers to submit funding requests to support the design and development of the next generation of GameFi titles. Once submitted, these are assessed by the Metacade community, where MCADE holders can vote in support of their favorite proposals.

The most popular ideas are rewarded with cryptocurrency investments to help fund the game development process, with the first Metagrant game set to launch on the platform in Q1 2024.

Metacade tokens are available for purchase until they sell out or until March 31st, whichever comes first. Users can take part in the final stage presale right here.

About Metacade

Metacade aspires to be the premier gaming destination in 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. 

Metacade appears poised to become an essential hub for the gaming community to connect and engage with like-minded enthusiasts by providing various income-generating opportunities and career-building pathways within the Web3 ecosystem.

The highly anticipated P2E platform has earned approval from CertiK, a top-tier blockchain auditor, putting it on par with other projects like The Sandbox, Polygon, and Axie Infinity, giving investors peace of mind that the project’s code and specifications have been reviewed and that the Metacade team has passed the KYC process, instilling confidence in the project’s legitimacy.

The overwhelming excitement surrounding Metacade’s presale indicates its potential to become the go-to GameFi hub for P2E gamers and a variety of other use cases.

Tags: BlockchainBusinessGamingMetacademetaverse
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