- Crypto gaming platform Metacade has launched a new crypto staking pool offering up to 25% ROI in stake rewards.
- Staking v2 experienced a massive 87 million spike in staked MCADE tokens 30 minutes after the announcement
- At the time of writing, Metacade is up 26% in the past two weeks, indicating heavy buy pressure.
Crypto gaming and play-to-earn community platform Metacade (MCADE) is drawing fresh investment. The blockchain gaming protocol’s MCADE token has pumped by 26% in the past two weeks after the announcement of its Mainnet launch.
Scheduled for the end of October 2023, Metacade’s Mainnet launch coincides with a series of new developments expected to onboard new audiences onto the crypto gaming platform. One of the key milestones for Metacade is the launch of its new crypto staking pool, which will incentivize MCADE holders with a hefty 25% stake reward.
Metacade investors staked 87 million MCADE tokens within 30 minutes of the crypto staking program’s announcement, indicating heavy buy-side pressure and pumping MCADE token prices.
Read on to find out why Metacade’s fresh take on crypto staking is all the rage in the GameFi space—and determine if MCADE is worth buying as a long-term investment ahead of the next bull market.
October mainnet launch momentum pumping MCADE token prices
Premier crypto gaming platform Metacade is moving full speed ahead with its ambitious plans after raising over $16 million in its April 2023 ICO. The platform’s mainnet launch announcement, scheduled at the end of October, has led to a 26% spike in MCADE token prices in the past few weeks.
The launch indicates the protocol’s commitment to its roadmap and the efforts of its robust developer and user base. The blockchain gaming platform will feature a growing selection of titles soon. Not only that, the mainnet debut is further driven by Metacade’s partnership with top-tier influencer marketing platform Phenoms, boosting the protocol’s profile with new, younger audiences of passionate gamers.
Metacade crypto staking v2 launch reaches over 400+ million MCADE tokens staked
Metacade’s Staking v2 pool launch has led to a massive upswing in staked MCADE tokens, with almost 412,500,000 tokens locked and generating 25% stake rewards for early-stage investors. The amount was close to the crypto gaming platform’s 500 million staking pool target, indicating the heavy interest surrounding the MCADE staking launch.
Metacade’s staking v2 pool closed as of 9th October, with the crypto gaming platform receiving 87 million staked MCADE tokens 30 minutes after the launch’s announcement, as publicized by the protocol on X (formerly Twitter).
The first staking pool generated 40% ROI in six months. In its second iteration, the average annual return rate for stake rewards for Metacade Staking v2 is fixed at 25%. The total MCADE tokens staked in the new crypto staking pool represent 23.5% of the total circulating MCADE supply—up from 22% when the first staking pool was launched.
The massive returns on investment Metacade offers are exceptionally high for a top-tier GameFi project of its size and ambition.
The success of the crypto staking pool launch further lays down a marker for Metacade, indicating the growing number of investors betting on GameFi as the future of blockchain gaming.
Metacade’s partnership with fiat and crypto onramp Transak allows prospective investors to buy MCADE on the Metacade website with 0% fees. The partnership will open Metacade to more significant investment for non-crypto natives and establish the crypto gaming platform as a first-class long-term investment in the potentially lucrative blockchain gaming niche.
Finally, Metacade recently announced a breakthrough collaboration with Polygon Labs to focus on driving user acquisition, testing, and the adoption of hundreds of new games and customers on the Polygon protocols.
Metacade listing on Bitget exchange enables global access to MCADE
Metacade also listed the MCADE token on the global exchange, Bitget, in September 2023. The move is expected to expand global access to MCADE, with the crypto exchange boasting a thriving community of 20 million users and a robust spot trading volume of over $400 million.
Bitget is among the top 20 worldwide exchanges by trading volume, which bodes well for Metacade as the latter gains more significant exposure to new audiences looking to invest in the bright future of GameFi.
The final word: Should you buy Metacade in 2023?
Metacade is finding its stride at the right time. The launch of its crypto staking v2 protocol to massive investor acclaim—further propelled by the Metacade Mainnet launch—paints a bullish picture for the crypto gaming platform in 2023 and beyond.
With the bull market expected to arrive shortly after the next Bitcoin halving event of 2024, Metacade is a strong pick to outperform established, large-cap cryptocurrencies as far as price appreciation potential is concerned, possibly doing anywhere from 50x to 100x when the bulls stampede back.
