Home > News > New metaverse project, Metacade, seems to be the perfect alternative for The Sandbox (SAND)

New metaverse project, Metacade, seems to be the perfect alternative for The Sandbox (SAND)

Alice Davies

Crypto investors are loving the metaverse right now. There are countless innovative projects that look set to dominate the Play-to-Earn space over the coming years and they all appear undervalued.

While The Sandbox has been the investment of choice for many who are just getting into the space, yet even Sandbox crypto holders and experienced investors have been pumping up MCADE during its presale for a number of key reasons.

If you are looking to uncover the next metaverse gem, then Metacade may just be the opportunity of a lifetime.

Why do investors love the metaverse?

What is the metaverse?

The metaverse is a term used to describe a shared virtual space where users can interact with each other and with digital content. It is often seen as a natural extension of the internet and many believe that it will eventually replace physical reality as the primary way in which people interact with each other and with the world.

While the metaverse is still in its early stages of development, there are already a number of different digital worlds in existence, each with their own unique set of features and capabilities. One of the most well-known metaverses in traditional gaming is Second Life, which was launched in 2003. Second Life is a virtual world where users can create their own avatars and explore different environments. Games such as World of Warcraft and EVE Online also offer players extensive virtual worlds to explore.

In recent years, the metaverse has begun to gain traction in the world of cryptocurrency. A number of different projects are currently underway that aim to create metaverses that run on blockchain technology. These metaverses offer a number of advantages over traditional metaverses, including improved security and transparency. Some believe that crypto-powered metaverses could eventually replace physical reality altogether.

Crypto-powered metaverses

Metaverse worlds that are built using blockchain technology offer some incredible features. Fully-functioning platform economies are enabled by blockchain, and self-owned digital assets can be traded for a number of purposes. The combination of virtual economies that can provide real financial rewards and mind-blowingly realistic digital landscapes to explore is a powerful combination for blockchain-based metaverse worlds.

Revolutionising Gaming

Crypto-powered metaverses are revolutionising gaming. These immersive digital worlds provide fantastical alternate realities where players can dive in and spend hours exploring. Since open worlds have been a popular feature of gaming for over 30 years, the way in which metaverse worlds deliver a heightened sense of realism is nothing short of revolutionary.

Games like The Elder Scrolls, Assassin’s Creed, World of Warcraft, and many others, have all integrated massive worlds and become extremely popular as a result. The metaverse takes this one step further, and combined with blockchain technology, it is an area of technological advancement that looks set to conquer the world as time progresses.

High-potential investment opportunities

Investors are seeking the next big metaverse projects because they can be worth many billions of dollars over time. As more people are attracted to these worlds due to their unique capabilities, projects that can deliver on the core value proposition in new and exciting ways are sure to increase in value.

Experts are predicting that metaverse-based crypto projects will be the most profitable projects between now and the next bull market with many new titles being developed that can do some major gains. Projects like Decentraland and The Sandbox have already achieved massive success but investors are seeking new opportunities with projects that have a similarly high potential while they are in their early stages.

What is The Sandbox (SAND)?

The Sandbox is a blockchain-based virtual world where players can create user-generated content (UGC). The platform is built on the Ethereum blockchain and utilises NFTs (non-fungible tokens) to represent avatars, assets, and in-game objects. The game features a unique voxel-based art style and will allow players to Terraform their land, build custom 3D assets, and create game universes.

The Sandbox also features an in-game marketplace where players can buy, sell, or trade the experiences they have created in a kind of Sandbox crypto exchange. With its underlying blockchain technology, this metaverse world provides a decentralised environment for player-generated content that allows for true ownership and interoperability between games.

Minting assets as NFTs also enables a new level of digital scarcity, lending itself well to the idea of a unique Sandbox crypto feature which creates a sense of authenticity that cannot be replicated in traditional centralised gaming platforms. By offering players the chance to own, govern, and monetise their gaming experiences, The Sandbox is laying the foundation for a new paradigm in gaming.

Tokenomics

SAND is the native token for The Sandbox. It is an ERC-1155 token, which enables any number of other digital currencies – both fungible and non-fungible – to be created on top of it using advanced smart contracts.

There are 3,000,000,000 SAND tokens in total, with just under 50% in circulation. This Sandbox crypto is the primary medium of exchange in The Sandbox metaverse, allowing players to buy and sell user-generated content in the integrated NFT marketplace.

Currently underperforming…

The Sandbox crypto SAND has had a poor performance of late. During 2022 alone, the price of SAND has crashed over 90%, leaving investors speechless. The project has extremely high long-term potential, but with such terrible Sandbox crypto price action, many investors have been seeking new opportunities to make some gains.

The metaverse remains a hotbed of technological advancement and investors want to find out more about the up-and-coming projects that could take over not just the Sandbox crypto users, but the entire scene by storm in the next few years. With the bull market just over the horizon, preparations are being made, and one project that has been performing well despite the current bearish conditions is Metacade.

What is Metacade (MCADE)?

The Biggest Arcade On-Chain

Metacade is building a metaverse where players can enjoy a vast array of Play-to-Earn titles. There will be endless opportunities to earn MCADE tokens while enjoying some of the most addictive arcade-style games around and Metacade is building it all on the Ethereum blockchain.

With such ambitious plans, it is important that the project has a high level of security to protect users for the long term. Ethereum’s Layer 1 provides exactly that, and its recent move to a Proof of Stake consensus mechanism, coupled with innovative scaling solutions, such as Polygon and Optimism, are a promising technological trifecta that look set to usher in the next wave of blockchain usership.

Metacade leverages the advanced Ethereum ecosystem to deliver a blockchain gaming experience like no other. Players gain unprecedented access to Play-to-Earn arcade games, and can earn a real income while having fun online. There are a number of unique features that make Metacade a prime investment during these bearish conditions, so let’s dive in and see what it’s all about.

Community-Focused

Metacade is inherently driven by serving the community. In addition to offering a broad selection of Play-to-Earn games, Metacade offers players the chance to earn MCADE rewards for contributing valuable content to other community members.

Through sharing the latest tips and tricks, players gain access to brand-new information that is otherwise near-impossible to find elsewhere. You can form direct relationships with GameFi experts in Metacade, who will each be sharing all that they know so that you can uncover the best that the industry has to offer. Metacade has an advanced incentive structure that rewards players for adding this kind of value and it has been attracting a high level of investment from gamers as a result.

In addition to this, Metacade has plans to become fully governed by its community over time. As the game is built, more and more gamers will be attracted by the fun titles, integrated reward potential, and the ability to form strong relationships with like-minded individuals online. Metacade will then hand over control to this community, as they will begin using their MCADE tokens to vote in governance proposals on the platform.

Driving Growth

Metacade will offer brand-new methods of expanding the GameFi sector itself. To its large and dedicated community, Metacade will offer exclusive input on some of the hottest new Play-to-Earn titles long before they hit the markets. The aim is to connect innovative developers with a gaming community that is ready to play, so that brand-new Play-to-Earn titles can be tested out and critiqued.

For providing feedback to the development teams of these up-and-coming GameFi platforms, the Metacade community can earn MCADE tokens in return. This feature is an amazing way to ensure that all future progress is built on a solid foundation, as gamers will be able to freely share their thoughts after testing out new titles and watch as their suggestions for improvement are implemented during the final stages of development.

As well as this, Metacade will offer Metagrants to brand-new projects that are looking to get off the ground. For early-stage crypto projects, funding is crucial – it can make or break the development process, and can determine whether innovative new ideas ever see the light of day. The Metacade community will be able to handpick the projects that they like the sound of and it also ensures the arcade continues to grow only with gamer-endorsed, exclusive titles which are guaranteed support.

Pure Innovation

The metaverse is a central hub of technological development and looks set to conquer the world. People everywhere will be attracted by projects building these digital services and crypto-based metaverses in particular look primed to make major gains over the coming years.

While The Sandbox may have already had its moment in the sun and its Sandbox crypto may begin drying up soon, Metacade is only just getting warmed up. The MCADE presale has only recently launched and investors have been quick to capture a juicy bag of tokens for themselves. With so much value in the roadmap and a dedicated team that is determined to deliver, Metacade looks like a solid investment for the next bull market.

Even in these bearish conditions, MCADE looks set to make significant gains in value. As investors continue to find out more about its unique capabilities, many are now expecting even higher returns over the next few years. At the start of the presale, investors can get 125 MCADE tokens per dollar invested. As the presale goes on, the price will increase to 50 MCADE tokens per dollar. The metaverse certainly seems like the place to be for a lucrative investment, so the sooner you get in on Metacade, the better. 

You can buy SAND here at eToro.

You can participate in the MCADE presale here.

We use cookies to personalise content & ads, provide social media features and offer you a better experience. By continuing to browse the site or clicking "OK, Thanks" you are consenting to the use of cookies on this website.