If you’re considering making an Axie Infinity investment, then you shouldn’t do so blindly. It’s important to compare the potential of AXS to other emerging projects in the GameFi sector, like Metacade, to ensure you make the smartest investment possible.
When it comes to Axie Infinity investment vs. Metacade, Metacade is the clear winner. This article explains how in the sections below.
What is Metacade (MCADE)?
Metacade is setting itself up to become Web3’s first virtual arcade. It’s a community gathering place where both casual and hardcore gamers, as well as crypto enthusiasts, can come together and experience the latest GameFi and P2E projects – all while earning in the process.
Metacade delivers many ways to earn money through Web3. For example, players will be able to make income by playing P2E games, entering tournaments, prize draws, and staking MCADE tokens – the platform’s native currency. Metacade will even help to connect Web3 entrepreneurs and job-seekers through its job listing board.
With so many different things to enjoy, the Metacade will truly have something to offer everyone.
Metacade will be more successful than Axie Infinity (AXS) – Here’s why
Making an Axie Infinity investment was a smart decision in the early stages of the last bull run. The project went on to become one of the market cycle’s top performers. However, there are several factors working in Metacade’s favour moving forward that should make it superior to an Axie Infinity investment. Here’s why.
Metacade Provides More Ways to Enjoy GameFi
Axie Infinity is a single game. That worked during the last market cycle when P2E projects were the hot new thing. But this cycle, there are many different P2E and GameFi projects competing for the same investment dollars. To stand out, projects need to do things differently.
Metacade brings together many P2E and GameFi titles in a single platform. That means, even if a player doesn’t enjoy the first title they try, they’ll still have a reason to stay in the Metacade ecosystem.
This gives Metacade a broader appeal than Axie Infinity (AXS) and helps to keep people using the platform for longer amounts of time. The result should be more users for the Metacade ecosystem in the long run.
Metacade also offers Metagrants to aspiring developers. These grants provide the funding needed to bring a developer’s vision to life and also help to replenish Metacade with a constant supply of new games for users to enjoy.
Metacade Hasn’t Been Hacked
Hackers stole more than $600 million from Axie Infinity (AXS) in late 2021 – one of the largest that crypto has ever seen. That’s led to an irrevocable loss of trust among major investors and users in the industry.
If you’re thinking about making an Axie Infinity investment in 2023 and beyond, this is something you have to consider. Metacade, on the other hand, has never been hacked. It still has the full trust of the community and its investors.
Metacade is More Than Gaming
It’s also important to note that Metacade does more than gaming. It’s also a platform that people can use to find jobs, socialize with friends, and enjoy the best of Web3 in a single place.
Axie Infinity (AXS) only does gaming. The project has a narrow focus, which has served it well in the past. But if you’re thinking about making an Axie Infinity investment moving forward, then you have to consider the limitations that this places on its upside.
Metacade Has More Upside Left
Metacade and Axie Infinity are also at two different stages of their respective developments. Metacade is just getting started, whereas Axie Infinity’s best days may already be behind it.
Even if Axie Infinity can reclaim its glory days, it still has a fully diluted valuation of over $1.5 billion with little room for growth, whereas Metacade’s market cap after it completes its presale will be just around $50 million.
That means each dollar investment in MCADE tokens helps to increase the project’s price by much more than an Axie Infinity investment.
Metacade is Ready to Take Center Stage
When you consider everything related to Axie Infinity (AXS) vs. Metacade, the winner is clearly Metacade. The project is just getting started and has a much broader potential user base thanks to its focus on bringing together the best GameFi, P2E projects, and more in a single place.
Metacade’s presale is still ongoing. Pricing started at 125 MCADE for $1 and will increase to 50 MCADE for $1 by the time the presale ends. That means the sooner you take action the better.
You can participate in the Metacade presale here.