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NFT Activity Down Over 90%, Will QUBE Spark Demand?

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The world of Non-Fungible Tokens (NFTs) has experienced tremendous growth and popularity in recent years. Recent statistics show a decline of over 90% in NFT sales and overall activity.

This downturn has raised concerns and left many wondering if the NFT trend was merely a temporary hype or if there is room for sustained growth. As the market searches for catalysts to reignite interest, all eyes have turned to innovative projects like InQubeta and its native token, QUBE.

QUBE: Igniting Demand in the NFT Market:

QUBE presents a unique value proposition within the NFT landscape. As the native token of InQubeta, an AI technology startup, QUBE leverages the power of blockchain and AI to create a dynamic and compelling ecosystem. InQubeta’s NFT marketplace offers fractional investment opportunities in AI startups, blending the world of NFTs with the rapidly expanding field of artificial intelligence. This fusion of two groundbreaking technologies has the potential to spark renewed interest in the NFT market and attract both seasoned investors and newcomers alike.

InQubeta’s strategic positioning sets it apart from other projects in the NFT space. The platform not only focuses on NFTs but also emphasizes the integration of AI technology. This dual approach opens up a wide range of possibilities, allowing investors to benefit from the growth potential of both NFTs and the AI sector. By investing in QUBE, individuals align themselves with an ecosystem that combines innovative technologies, investment opportunities, and a community-driven governance structure.

Visit InQubeta Presale

Join the Ongoing Presale and Seize the Opportunity:

Investing in QUBE during the ongoing presale holds significant potential for investors. The presale has already surpassed $360,000, indicating the project’s strong market interest and confidence. Industry experts have predicted that investing in QUBE tokens could lead to a potential 50x return in the future. With the combination of InQubeta’s visionary approach to AI and the utility of QUBE within its ecosystem, investors have a unique opportunity to participate in the resurgence of the NFT market.

It also presents a unique opportunity for investors to get involved in the InQubeta ecosystem at an early stage. By participating in the presale, individuals can secure QUBE tokens at a favorable price point and position themselves for potential future gains. As the demand for AI technology and NFTs regains momentum, QUBE holders stand to benefit from the growing interest in InQubeta’s ecosystem.

Visit InQubeta Presale 

Conclusion:

While the NFT market has experienced a significant decline in recent times, the emergence of QUBE offers a glimmer of hope for its revitalization. Through InQubeta’s innovative approach and the integration of AI technology, QUBE has the potential to spark new interest in the NFT market. The ongoing presale, which has already surpassed $360,000, is a testament to the market’s confidence in the project. 

By investing in QUBE tokens, individuals position themselves to benefit from the resurgence of the NFT market and the anticipated growth of InQubeta’s ecosystem. Don’t miss out on this opportunity to be a part of the QUBE revolution and unlock the potential for 50x returns in the future!

Visit InQubeta Presale 

Breaking The 4MB Barrier: Bitcoin’s New Frontier With Recursive Inscriptions

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Leonidas.og, the developer behind the Ordinals Protocol, has unleashed an exciting update, designated No. 2167, introducing a concept called “recursive inscriptions.” 

This groundbreaking development aims to shatter the 4MB barrier that currently restricts Bitcoin inscriptions. Drawing inspiration from BRC721, the proposal suggests that while individual inscriptions must remain within the 4MB limit, combining them can surpass this threshold.

The enigmatic Leonidas.og, known for their active presence on Twitter, recently expressed their bewilderment regarding recursive inscriptions. 

In response, they provided a comprehensive breakdown of this new feature. Previously, the Ordinals Protocol allowed users to independently inscribe files onto the Bitcoin blockchain, unaware of other inscriptions. 

However, with recursive inscriptions, a simple “/-/content/:inscription_id” syntax can be employed to request the content of other inscriptions, transforming the landscape of possibilities.

This innovation unlocks a myriad of powerful applications. For instance, instead of individually inscribing 10,000 JPEG files for a collection, which would prove costly, one could inscribe the 200 traits from the collection and subsequently create 10,000 additional inscriptions. 

Each inscription could utilize a small amount of code to request traits and generate images programmatically, resulting in the same outcome. By storing art on-chain more efficiently, this advancement has the potential to save millions of dollars in transaction fees, as exemplified by BitcoinApes.

 Inscribing Code Packages On Bitcoin For Generative Art

Furthermore, developers like OnChainMonkey have taken this concept even further. They have fully inscribed the p5.js and Three.js npm packages on the Bitcoin blockchain and utilized recursion to invoke these packages in their upcoming Dimensions drop. 

This novel approach allowed them to create visually stunning 3D art in under 1 KB. The beauty of this development lies in its accessibility, as these inscribed packages become public goods, enabling anyone to create inexpensive generative art using them.

The implications extend beyond individual projects. With many code packages uploaded to the blockchain, a vast repository emerges, empowering developers to build on top of existing resources. 

It opens up unprecedented possibilities, including storing complex software, such as an entire 3D video game, directly on the Bitcoin blockchain. Essentially, Bitcoin is evolving into an internal internet, where files can seamlessly request data from one another.

Although the specific applications of recursive inscriptions are yet to be fully realized, this moment undoubtedly marks a significant milestone in the history of Bitcoin. 

Soon, explorers like the official ordinals explorer and ord_io will support recursive inscriptions, effectively transforming them into Bitcoin web browsers. 

The potential for innovation and exploration within this new paradigm is limitless, signifying a significant turning point for Bitcoin and its future.

Related Reading | PEPE and Meme Coins FOMO Fading, InQubeta Is a Long-Term Crypto Investment 

Level Up Your Avatar: Nike NFTs Enter the World of EA Sports!

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Nike plans to merge its digital assets, known as “virtual creations,” with EA Sports games, marking a significant advancement towards wider acceptance of cryptocurrency in the gaming community. The integration of Nike’s nonfungible token (NFT) platform called “Swoosh” with EA Sports games will potentially allow players to enjoy Nike’s virtual footwear and apparel within the gaming experience.

While the specific game titles featuring Nike’s digital goods have not been disclosed by either Nike or Electronic Arts, the collaboration is expected to unfold in the upcoming months, as stated by Nike on June 1.

Among the highly popular EA Sports games are FIFA, which was honored as the “most popular game” in 2022, along with the Madden NFL series and the NBA Live series, drawing in a massive fan base of millions of gamers. As Nike NFTs make their way into these games, it is anticipated that players will have the ability to acquire customizable wearable add-ons. These Nike NFTs will allow players to purchase and modify their in-game character avatars, providing them with a personalized and unique gaming experience.

.SWOOSH Making Way Into NFT’s

NFT
Level Up Your Avatar: Nike NFTs Enter the World of EA Sports! 2

Ron Faris, the General Manager of Nike Virtual Studios, expressed excitement about the partnership, stating that it would enable the .SWOOSH community and the extensive fan base of EA SPORTS to access extraordinary new experiences. The collaboration between the two entities holds the potential to unlock innovative and thrilling opportunities for both Nike’s virtual community( NFT’S) and the millions of dedicated EA SPORTS fans.

Nike introduced its .swoosh NFT platform in November 2022, but it wasn’t until the start of 2023 that they actually launched their first NFT collection.

On May 15, .Swoosh unveiled its initial collection of NFTs, which consisted of virtual shoes known as “Our Force 1.” This collection paid homage to Nike’s renowned line of sneakers, the Air Force One. As of now, data from Polygonscan indicates that over 97,000 sneaker NFTs have been sold to nearly 53,000 addresses.

In December 2021, Nike made its foray into the metaverse by acquiring RTFKT, a brand specializing in virtual sneakers and collectibles. Additionally, Nike introduced its own virtual world called Nikeland. Although .Swoosh, RTFKT, and Nikeland employ similar tools and technologies, it is important to note that they are distinct projects operated by Nike. Each initiative serves as an independent venture within the company’s overall metaverse strategy.

Crypto Critic Peter Schiff Flips Stance: Unveils Bitcoin NFT Art Collection

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Crypto skeptic turned enthusiast Peter Schiff, who has long criticized Bitcoin and tried to discredit its value over the past decade, has surprisingly embraced the cryptocurrency by announcing his plans to release an NFT collection on the Bitcoin network.

In a seemingly satirical twist but with genuine intent, Peter Schiff, an economist known for advocating gold and skepticism towards cryptocurrencies, has revealed a collaborative nonfungible token (NFT) art collection on the Bitcoin network. This unique collection will be auctioned soon, adding an unexpected chapter to Schiff’s relationship with the crypto world.

Crypto Community Reacts With Shock To Peter Schiff’s Nft Collection Announcement

The cryptocurrency community on Twitter was taken aback and bewildered by the economist’s announcement, with some users even questioning whether his account had been compromised due to the surprising nature of the news. Crypto entrepreneur Anthony Pompliano tweeted, “Welcome, Peter, We have been awaiting your arrival” expressing anticipation for his involvement. Schiff responded by emphasizing that he had yet to embrace the crypto world fully but presented the opportunity for others to acquire commemorative items symbolizing the early days of Bitcoin and his position as its unwavering critic. He further mused that the signed, original prints might gain substantial value if his skepticism proves wrong.

According to Schiff’s statement, the collaborative NFT collection with Market Price includes the primary artwork titled “Golden Triumph,” along with a collection of prints and Ordinals recorded on the Bitcoin blockchain.

Despite unveiling his NFT collection and expressing his involvement in blockchain and Bitcoin, Schiff’s fundamental stance on the leading cryptocurrency remains unchanged. He still does not consider himself a member of the Bitcoin community. 

“This is art, and it’s a tribute to gold. But there is something here for Bitcoiners as well. But I’m still not a member of that club”

Schiff’s criticism of Bitcoin stems from his traditional economic beliefs, particularly his adherence to the Austrian School of Economics and his strong advocacy for gold. He contends that tangible assets and government-backed currencies, like gold, hold intrinsic value, while Bitcoin lacks such essential qualities. Schiff’s main concerns with Bitcoin revolve around its perceived lack of intrinsic value, volatility and risk, security and regulatory concerns, limited scalability, and energy consumption. He doubts the security of Bitcoin transactions and highlights the risks associated with hacking, theft, and digital wallets. He raises environmental concerns regarding Bitcoin’s energy consumption, considering it excessive and unsustainable.

Related Reading: | Crypto Clash: Coinbase Joins Lawsuit Against US Treasury Over Tornado Cash Sanctions

Crypto Influencer Outraged As Coinbase Labels Pepe Meme Coin As ‘Alt-Right Hate Symbol’

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Crypto influencer Borovik. eth has expressed outrage over Coinbase’s email alert on Twitter, which referred to the Pepe meme coin as an “alt-right hate symbol.” Borovik. Eth shared a screenshot of the email and asked why Coinbase was sending out such an email. 

Pepe, the mascot of the meme coin, has been co-opted by alt-right groups as a symbol of hate, according to the Anti-Defamation League. The meme token had become the fastest Ethereum token to reach the $1 billion mark last weekend before crashing more than 50% in the following days.

Coinbase’s Blog On Memecoins Frenzy

According to a blog post from Coinbase, meme coins, and Bitcoin NFTs are back in the limelight, with a renewed appetite for crypto spilling over into these low market cap tokens. 

Memecoins are enjoying a resurgence in popularity and trading volumes. Last week saw meme coins trading at over $2.3 billion, a surge of more than six times from the previous week and the highest recorded level since May 2021.

Pepe, issued around three weeks ago with a comically huge supply of 420 trillion tokens, has led the meme coin activity. Out of 179 meme coins tracked by CoinGecko, PEPE is the only one other than Dogecoin and Shiba Inu currently in the top 100 cryptocurrencies by overall market cap.

Memecoins have also hit the Bitcoin blockchain, thanks to the creation of a new type of token called BRC-20 tokens. Created in early March, they allow people to create fungible tokens (or other cryptocurrencies) on Bitcoin’s blockchain and have reached a market cap of nearly $1 billion. 

To date, more than 11,000 different BRC-20 tokens have been created, and at least one, the original ORDI, has been listed on some centralized exchanges. BRC-20 tokens include a BTC-native PEPE and tokens named MEME and PIZA, as per Coinbase’s blog.

However, the spike in trading activity is causing a key issue for Bitcoin: higher network fees. Bitcoin was built primarily for payments, and alternate use cases are clogging block space, which led transaction costs to jump from around $1.20 last week to $20 at the start of this week. The PEPE frenzy caused similar issues on Ethereum, which saw gas fees roughly double since the token’s launch on April 19.

While some traders have made significant profits through meme coin speculation, it is not without risks, as many meme coins have a history of being “rug pulls” or scam projects. 

Despite the risks, the frenzy surrounding meme coins and NFTs shows no signs of slowing down anytime soon. Observing how regulators and established financial institutions react to this new phenomenon in the crypto world would be intriguing.

Related Reading | Cardano Vs. Solana: ADA Trading Volume Surges By 70% Amidst Growing Network Competition

Binance To Expand NFT Ecosystem With Bitcoin Ordinals: Report

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Binance, one of the world’s leading cryptocurrency exchanges, recently revealed plans to introduce Bitcoin ordinals on its NFT marketplace. By incorporating the Bitcoin network, the strategic move will broaden Binance’s multichain NFT ecosystem, which presently encompasses BNB Chain, Ethereum, and Polygon.

The support for Bitcoin ordinals is expected to go live in late May, and it is expected to attract a large number of users who are looking to buy or sell NFTs using the world’s most popular cryptocurrency. 

This decision is expected to provide the platform’s users with more diverse options for buying, selling, and trading NFTs while also expanding the reach of Bitcoin’s ever-growing network. 

According to Mayur Kamat, the head of product at Binance, bringing ordinals to the NFT platform could be transformational. Kamat added that the network could aspire to be more than just an inflation hedge or store of value. 

The move will create “additional revenue-generating opportunities” for those creating BTC ordinals. With the addition of support for Ordinals, Binance users will be able to experience unparalleled ease in purchasing and trading Bitcoin NFTs directly from their Binance account, eliminating the need for a separate Ordinals wallet.

Additionally, creators will be able to earn royalties when their digital assets are bought and sold on the platform. Binance NFT is actively seeking collaboration with quality NFT projects focused on Bitcoin Ordinals, aiming to support the growth and development of the Bitcoin Ordinals ecosystem.

To participate in the special registration event and enjoy exclusive benefits, users can register on the Binance NFT website, according to the blog post.

Bitcoin’s BRC-20 Token Standard Gains Popularity

Meanwhile, as reported by TronWeekly, the BRC-20 token standard, a new fungible token in the world of cryptocurrency, has seen remarkable growth since its launch in March this year. According to brc-20.io, the total market value of all BRC-20 tokens is roughly $991 million.

Previously, Glassnode co-founder and CTO Rafael Schultze-Kraft tweeted about text inscriptions, now the most prevalent ordinal inscription type in the Bitcoin network. Text inscriptions, which denote JSON data ordinal inscriptions linked to the BRC-20 token standard, are utilized for deploying contracts and minting/transferring tokens. 

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These BRC-20 inscriptions also impact the Bitcoin fee market. On that day, miners received a total of $3.5 million in transaction fees, the highest value in two years when the price of BTC was $38,000. In recent days, up to one-third of all BTC fees paid to miners can be attributed to BRC-20 transactions.

The growth of BRC-20 and ORDI is impressive, and it highlights the increasing demand for new and innovative cryptocurrency solutions. On the other hand, Binance’s move to support BTC ordinals on its NFT marketplace is a significant step towards integrating cryptocurrencies into the mainstream.

Related Reading |  Bitcoin BRC-20 Tokens’ Market Cap Inches Closer To $1B

Solana Co-founder Sparks Controversy: Ethereum Lacks Credibility, Value Extraction Too High

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In a recent tweet, Anatoly Yakovenko, the co-founder of Solana Labs, made some controversial comments about Ethereum. According to Yakovenko, Ethereum lacks neutral credibility and is not as close to a public good as Solana. He also claimed that Ethereum’s value extraction is too high and that it lacks fundamental philosophical aspects to be considered a viable L1.

The tweet responded to Abdel Bakhta’s tweet, which claimed that Solana lacks neutral credibility and its governance is not as decentralized as Ethereum. Bakhtin also claimed that Solana’s hardware requirements are too high and that it lacks fundamental philosophical aspects to be considered a viable L1.

The community responded to Yakovenko’s tweet, calling his words “fighting words” and saying that he was “feeding the trolls” who are wedged in a certain paradigm. Yakovenko, however, replied that he was a veteran of the Linux file system wars and that it turned out that one of the systems was evil.

Solana’s Credibility & Viability Debated In Community

Some community members also questioned whether Solana is credible and neutral. Yakovenko replied that the code could run anywhere and that if push came to shove, an Ethereum or Bitcoin node on a home Comcast connection would not be able to bridge the network to Russia or China.

Others in the community mentioned Bitcoin’s lack of neutral credibility and value extraction, claiming that it is not as close to a public good as the SOL network. Another community member requested that it be made not to require being turned on and off every two months.

Many community members preferred Solana over Ethereum for practical everyday use. One member stated that they could mint and verify an NFT as ticketed entry to a festival on Solana for less than what they have paid for gas on some transactions using Ethereum.

However, the comments made by Yakovenko have sparked debate within the cryptocurrency community, with some agreeing with his sentiments while others disagree. It remains to be seen how these comments will impact the future of SOL’s network and Ethereum.

Related Reading | Binance To Enable Bitcoin Lightning Network After Withdrawal Woes

Cardano’s Ecosystem Flourishing With dApps & Upgrades

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A prominent ADA whale recently tweeted about the vibrant ecosystem of Cardano, acknowledging that some news goes unreported. In response, the latest update on Cardano, titled “#LatestOnCardano,” highlights both minor and major developments in the network, including L1+L2 upgrades, stats, dApps, SPO, NFT, governance, community, and more.

One significant development in Cardano is the mainnet compatibility of the state channel protocol Hydra, which is a crucial component of Cardano’s scalability plans. This achievement is expected to facilitate payments and auctions, similar to BTC Lightning.

Cardano dApps Enhance User Experience

Several dApps are making significant strides on the network. Wingriderscom added a light mode and pro view for easier transactions, while SundaeSwap’s v2 layout places the portfolio front and center, making buying and selling more intuitive. 

MuesliSwapTeam is the first exchange to move away from using only ADA as the base for all trading, which is a natural step towards diversifying the Cardano economy.

Helios_lang’s developers have released some updates, which have garnered praise from many ADA enthusiasts. The platform’s dev experience coming of age is considered one of the most exciting themes of 2023. Several projects are coming to the network, with big announcements expected from DEMUPro. 

Similarly, AadaFinance is a fast-growing lending protocol that is soon bringing pooled lending to the network. Pool Manager NFTs have profound implications for the traditional finance industry, and the network is establishing itself as an incubator for media projects focusing on books, music, video, and more.

Moreover, NucastIO has released its Android app, allowing the decentralization and tokenization of video ownership. Book_io is building a digital library, while ExtractDEX has partnered with official mocossi to improve liquidity for Cardano NFTs. 

GoKeyFinance is a project with big ambitions, building a decentralized P2P real estate finance dApp with a DAO allowing the community to invest in real estate.

WhiskeesNFTs is a hand-drawn NFT collection that allows NFT owners to have crowdfunded partial ownership in rare aging whiskey casks, yielding 15-20% a year. IagonOfficial has published its multi-sender dApp on Cardano mainnet, while PXLZ NFT is teaming up with PaimaStudios to build the PXL Wars game.

CogitoProtocol introduced the testnet demo of its first “tracercoin” called Green Coin, which is tied to non-currency indexes. GeniusyieldO staking dapp is adding some other tokens to its platform, while VyFiOfficial is launching on May 15th. Liqwidfinance is having a vote on shifting to a dynamic rewards scheme, while JPGStoreNFT is teasing its forthcoming token.

TapTools now supports NFTs, and MetaDEXfi has teased what looks like a snapshot of its dapp. Finally, Indigo_protocol yields remain juicy as ever, making it the second-largest Cardano DeFi app. 

Meanwhile, Eikonikos_HQ is building an open metaverse, including social and economic components, metaverse malls, avatars, and much more.

Related Reading | Floki Inu Takes Off: 2000% Surge in Trading Volume Fueled By Multiple Catalysts

Floki & Pepe Take Center Stage: Binance Announces Listings On Innovation Zone

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Binance, one of the leading crypto exchanges, has announced adding two new tokens to its trading platform. Starting from 00:00 on May 6th, the exchange will list FLOKI and Pepe on its Innovation Zone, allowing users to trade these innovative tokens.

The spot trading pairs available for trading are FLOKI/USDT, FLOKI/TUSD, PEPE/USDT, and PEPE/TUSD. Users can begin depositing both coins in preparation for trading, and withdrawals will be open from 16:00 (UTC) on May 6th.

Notably, Binance has waived the listing fee for both coins, and users trading in TUSD will enjoy zero maker fees until further notice. Furthermore, within 48 hours of the listing, Binance will introduce FLOKI/USDT and PEPE/USDT as new borrowable assets with margin trading pairs on an Isolated Margin.

FLOKI started as a meme coin project and has expanded its offerings to include a range of products such as an NFT-based game, NFT collections, and a crypto debit card. FLOKI serves as the utility token for this product ecosystem.

On the other hand, Pepe is a meme coin based on the popular cartoon character “Pepe the Frog.” It is important to note that it has no utility and is created by an anonymous team.

According to Binance:

Please note that, as of the time of writing, PEPE has no token utility or value support mechanism. Also, there are signs that certain insiders or team members were able to buy 7% of the total token supply minutes after TGE. 

Pepe Coin & Uniswap: Fueling The Memecoin Frenzy

Meanwhile, another development has emerged, indicating that the increased attention on Memecoins has resulted in a notable rise in the number of users actively utilizing Uniswap – a well-known decentralized exchange.

According to the latest data from Ultrasound Money, Uniswap-related contracts have burned more than 15,000 ETH in the past seven days alone. That’s a staggering amount of money, indicating much interest in Memecoins among cryptocurrency enthusiasts.

PEPE is one of the most popular Memecoins that’s been making headlines lately. Despite only being around for a few weeks, this quirky little token has already completed over 410,000 transactions on Uniswap. And all those transactions have burned a total of about 5,300 ETH in gas fees, which translates to roughly $10 million.

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Nevertheless, it’s clear that Memecoins are here to stay, and Uniswap is at the forefront of this exciting new trend in the world of cryptocurrency.

Related Reading | Dogecoin Wallet Awakens After Being Dormant for 9.3 Years

Metacade Explores Adding NFT Art to Its Platform. Could Adding NFTs Further Drive the Price of Metacade Tokens?

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Non-fungible tokens (NFTs) have proven extremely popular with crypto fans, with projects like Yuga Labs’ Bored Ape Yacht Club (BAYC) capturing the imagination. Meanwhile, other platforms, such as Decentraland and The Sandbox, have recognized the value of adding NFT art to their metaverse worlds in the guise of exhibitions to attract new users.

New GameFi project Metacade is the latest platform to consider adding NFT art to its platform, with experts asking whether doing so could further increase investor interest in its native MCADE token and drive the price higher.

How could NFT art help Metacade?

When done well, there is money to be made with NFT art. The most expensive NFTs have reached between $50 million and $100 million. For budding artists, producing NFT art is an excellent way of showcasing their work in front of a whole new audience while offering them the chance to monetize their creativity.

Metacade’s ethos is to empower individuals and promote creativity, as shown with their groundbreaking Metagrants scheme. Providing a platform for new NFT art creators could offer another potential audience stream. NFTs are also going to be used increasingly in play-to-earn (P2E) games. Metacade will not find itself displaying or selling anything to challenge the most expensive NFTs. Other platforms, such as BAYC, have shown that NFT art can build a solid and dedicated following.

What is Metacade?

Metacade is a brand new project in the GameFi sphere that gained significant momentum during its successful presale event, raising $16.4 million before listing on leading exchanges Uniswap (at $0.022) and, more recently, BitMart. A further listing on MEXC will take place in early May, while leading crypto sites CoinMarketGap and CoinGecko have also added MCADE to their sites.

The primary offering of Metacade is to provide crypto fans, gamers, and developers a space where they can hang out, collaborate, and unite under a common goal, to help Metacade become a pioneer in the P2E  gaming industry. The platform’s wide-ranging feature list includes live chats and forums in its vibrant social community, the world’s largest virtual arcade, and a careers board as part of its much anticipated Work2Earn initiative.

The ecosystem will be fueled by Metacade’s native MCADE token, which powers the platform’s comprehensive rewards system and provides a medium of exchange. It offers coin holders extensive utility and, in 2024, full governance voting rights. In addition, users can earn MCADE tokens as a reward for contributing to the building of the community each time they post social content to the hub.

Why are investors flocking to Metacade?

While the extraordinary speed at which MCADE sold out its presale is one reason behind the rate at which investors are flocking to Metacade, other innovative features, such as the pioneering Metagrants scheme, are contributing to maintaining the momentum. In addition, developers are encouraged to apply for crypto funding to support their ventures in designing new, exclusive titles for Metacade; They are invited to submit their ideas, which the Metacade community votes on. The most popular can be awarded a grant from the central treasury and go into production.

Metacade has been quick to establish a partnership with a reputable gaming studio,  MetaStudio, which has recently enjoyed success collaborating with Kung Fu Panda and Pirates of the Caribbean and is now bringing its expertise to the virtual shelves of Metacade. Such partnerships will likely help Metacade drive user retention to unprecedented levels while attracting more new members to the platform to increase its community.

Finally, recent developments in support of MCADE’s listing on Uniswap and BitMart are contributing to this upstart platform’s roaring success. For instance, Metacade filled its 250 million token staking pool in less than five hours, allowing its lucky members to earn passive income as the platform develops and releases exciting new features.

Early investors who reserved their MCADE tokens during the beta presale phase at $0.008 have already seen a jump in their holding of around 125% at the time of writing. With features coming throughout the year and other listings to come, the value of MCADE could increase rapidly, potentially even breaking the $0.50 barrier by the end of the year.

With or without NFT art, MCADE could be a viable investment opportunity

It’s questionable whether Metacade needs to add NFT art to achieve success. While they may strike gold and collaborate with someone that might produce one of the most expensive NFTs ever, the platform’s interesting and ambitious whitepaper has more than enough exciting features and ideas to grow into an enduring success in its own right.

That said, NFT art has a history of enhancing a platform’s appeal by widening its total addressable market (TAM). With this being a stated aim of Metacade, any expansion into NFTs is only likely to enhance the platform’s desirability to a broader audience.

Whether or not Metacade eventually decides to go down the NFT art road, the platform has a bright future that will likely prove profitable for investors purchasing MCADE tokens. With the project still in its infancy, a rich toolkit of features being released throughout 2023, extensive token utility, and a transition to becoming a DAO in 2024, MCADE looks to be a very promising investment for the coming months and years. 

You can find more information, including how to buy MCADE, here.