Crypto markets across the board struggled in 2022 with bear market conditions combined with the collapse of crypto giants, such as FTX, and challenging global economic conditions to drive the value of currencies down. One coin to have seen its value slashed by the crypto winter is SAND, the native coin of the decentralized GameFi real estate platform The Sandbox. However, the Sandbox price prediction for 2023 suggests better times for blockchain gaming.
Another blockchain gaming platform gaining tremendous momentum amongst those in the know is the virtual gaming arcade Metacade, which looks likely to deliver substantial price gains in 2023.
What is Metacade?
Metacade is a community-focused project aiming to disrupt and become a leader in the GameFi sector through its unrivaled range of flagship play-to-earn (P2E) gaming titles. Unlike traditional gaming, which sees sizeable multi-national gaming corporations dictating to gamers, Metacade’s topsy-turvy gamer-led approach will see games the users want to be released on the platform.
The blockchain gaming industry is continually growing, with the P2E games flooding the market. Metacade will rely on its wide array of titles to make the breakthrough into the mainstream, along with many other innovative and exciting features.
As well as the usual P2E capability, users can earn crypto rewards through several other routes. For example, the Create2Earn program rewards community members for writing game reviews, sharing alpha and gaming tips, and contributing to regular live chats. In addition, the Compete2Earn scheme allows gamers to stake the platform’s native MCADE token to enter online tournaments, and regular prize draws with lucrative rewards.
How does Metacade work?
Metacade is underpinned by the MCADE token, which is used for everything from paying for entry into tournaments to buying merchandise on the platform. Additionally, community members can earn MCADE tokens for leveling up in their favorite games, beta testing games, and as rewards for prize draws and tournaments.
Funding that allows Metacade to create a fully self-sustaining, revenue generating platform will be generated through several additional revenue streams, including advertising, releasing games from external studios, and hosting vacancies on the community’s jobs board from Q1 2024. This revenue will also flow into gamers’ wallets through rewards and power the gem in Metacade’s arsenal, the Metagrants scheme.
Metagrants is designed as a conduit to enable game developers to pitch ideas to the community membership, who then vote on the submissions to choose their favorites. The selected ideas gain funding to support the design and creation of exclusive new titles. Allowing the community to control which games are created ensures gamers’ continuing engagement in the platform’s development while providing game developers an essential leg-up into the Web3 gaming industry.
Metacade’s team has understood the importance of the project being led by the players who matter most. The diverse roadmap allows scope for the platform to transition towards becoming a fully-fledged and community-led DAO by Q4 of 2024.
Metacade price prediction: $1 is possible in 2023
Metacade has plenty to offer for the shrewd investor thanks to its clearly defined roadmap and assurance provided by trusted blockchain auditors CertiK, which has verified the constitution of Metacade’s team and the quality of their project coding. Any issues uncovered allowed the agile Metacade project team to react quickly, ensuring the minimum disruption to the platform’s route to market.
The MCADE token has proven highly successful during its presale phase, generating enormous momentum that’s translated into genuine success. The beta presale sold out in three weeks, raising more than $1.12 million, and the project has since seen more than $3.4 million flow in. Investors are flocking to the platform as the presale continues, with the price rising to an eventual $0.02 before it’s made available to the broader public on exchanges.
Price predictions for MCADE this year suggest that the value of MCADE tokens could break the $1 barrier thanks to a combination of circumstances. The continual growth in blockchain gaming will help. Still, the primary fuel behind MCADE is the enormous desirable project roadmap that will see early investors hold onto their tokens as demand begins to outstrip supply later in the year, pushing the price up.
The Sandbox price prediction: Gains likely as blockchain gaming continues to grow
The Sandbox’s native SAND token is currently at an extremely low price of $0.43, around 95% lower than its all-time high of $8.44, achieved during the bull market of late 2021. Meanwhile, the platform continues to enjoy the backing of several big names in fashion, music, and pop culture, such as Snoop Dogg, Adidas, Gucci, Warner Music, and Paris Hilton.
With an improving crypto market expected in 2023 as investors prepare for the return of bullish conditions expected in 2025, the current boom in blockchain gaming, historical value achieved by SAND, and improved market outlooks could lead to The Sandbox price prediction reaching highs of around $0.53 in late 2023.
Metacade (MCADE) looks set to provide excellent returns in 2023
Metacade’s potential for significant returns for investors in 2023 is highlighted by the combination of its superb, multi-layered roadmap that looks set to push the entire GameFi industry forward over the next 12 months and beyond.
The current presale price of $0.012 looks undervalued, and the hype around Metacade continues to swell ahead of its release at $0.02 on exchanges. Sandbox price predictions and the increasing popularity of blockchain games suggest enormous gains are available for those investing early in the Metacade platform as the project develops and new features roll out.
You can buy SAND at eToro here.
You can participate in the MCADE presale here.