Metacade is an upcoming blockchain-based gaming platform that aims to revolutionize the way we play and monetize games. As they say, "Play, Earn, Build, Connect." The platform allows game developers to create their own games, build and operate their own gaming ecosystem, and leverage the power of blockchain to create new forms of digital assets. They call themselves the "ultimate Web3 community hub where gamers and crypto fanatics can communicate and collaborate." The goal of Metacade is to become a self-sustaining, revenue-generating community. Lofty ambitions that sounds good but I'm sure we've heard it before. Can Metacade be the one that actually delivers?

These are their Revenue Stream plans for the project once up and running include: 

• Advertising Revenue
• Tournaments/Events/Prize draws
• Job Listings
• Pay to Play arcade
• Game testing and access to community
• Launchpad

The Metacade platform is being built on the Ethereum blockchain, and it will use the ERC-721 standard for its non-fungible tokens (NFTs). This will allow game developers to create unique and one-of-a-kind in-game items that can be bought, sold, and traded on the open market.

In order to fund the development of the platform, Metacade will be holding a presale event for its native token, the Metacade Token (MCADE). The presale event is designed to give early investors the opportunity to buy MCADE tokens at a discounted price. This will also allow the Metacade team to raise the necessary capital to develop the platform and its ecosystem.

There is a total of 2 billion tokens, 70% of which is available during the presale! They will be released in 9 stages with varying prices. Currently we are still in stage 1 where MCADE tokens will be sold at a fixed price of 0.01 USD per token. This price is scheduled to increase to 0.012 $ once a certain amount of tokens are sold etc. The minimum recommended investment is 30$. Participants will also be able to take part in the presale using USDT or ETH. 

The presale is a unique opportunity for early investors to get in on the ground floor of a promising new blockchain gaming platform. With the rise of blockchain technology and the growing interest in gaming and NFTs, Metacade has the potential to make a big impact in the gaming industry.

It's always important to consider a thorough research of the project, team, the market and the industry before investing in any kind of presale, even more so in blockchain space where there is a higher level of volatility and uncertainty. Metacade has been audited by Certik and you can read the audit here. Certik rates the project as good though it does point out that it is highly centralised.  DAO Governance is on the roadmap.

All ICOs (Initial Coin Offerings) or presales come with their own set of risks and benefits. Here are some pros and cons to consider when thinking about buying into a crypto ICO or presale:

Pros:

• Potential for high returns: Investing in a successful ICO or presale can lead to significant gains, as the value of the token can increase significantly after it hits the market.
• Early access: Presales often give investors the opportunity to buy tokens at a discounted price before they are available to the general public.
• Investment in innovation: Buying into an ICO or presale allows you to support a project that you believe in and be a part of its growth and development.

Cons:

• High risk: The value of a token can drop dramatically after an ICO or presale, and in some cases, projects may not even launch, leading to a total loss of your investment.
• Lack of regulation: The lack of regulation in the crypto space means that there is a higher level of fraud and scam projects. It's important to conduct thorough research before investing.
• Lack of liquidity: Tokens purchased during an ICO or presale may not be tradable on exchanges immediately and may not be able to be sold or traded until they are listed on an exchange
• Limited information: Often, projects in the early stages of development may not have a fully functional product, complete team or a whitepaper that contains all the necessary information to make an informed investment decision.

It's important to keep in mind that investing in any kind of ICOs or presales is highly speculative and comes with a high level of risk. Always conduct thorough research and due diligence before investing (DYOR), and only invest what you can afford to lose. Note: this is not financial advice.

If you're interested, you can look at the whitepaper here. Check out how to buy here, and actually join the presale here. 

Let me know your thoughts on Metacade in the comments ;-)

You take care out there!