Day: January 12, 2023

Easing Inflation Could Be Key Catalyst for Decentraland (MANA), Sandbox (SAND) And Metacade (MCADE)

If 2022 taught us one thing, it’s that cryptos, interest rates and inflation are inextricably linked. It’s noticeable that every time the Fed announced a rate hike in response to rising inflation, the value of Bitcoin (BTC), and subsequently, the rest of the market, fell. Thankfully, as we now move into a period of easing inflation, the outlook looks brighter for cryptos. It’s welcome news, especially considering the predicted explosion in demand for GameFi and metaverse games.

Easing inflation could be a key catalyst for Decentraland (MANA), Sandbox (SAND) and Metacade (MCADE). Investors are often reluctant to move in times of high-interest rates and challenging economic conditions. They are far more likely to invest when there’s a stable economy with easing inflation and steadier rates. They’re also far more likely to invest in an exciting sector that is poised for rocketing growth in 2023.

Decentraland (MANA), Sandbox (SAND) and Metacade (MCADE) are all well-placed to benefit from an upturn in the economy and a rise in demand for metaverse games. But are there other factors apart from easing inflation at play here? And which of the three is best placed to surge ahead and give investors the best gains? Read on for insight and a considered analysis of what the future holds.

What is Metacade (MCADE), and how does it work?

Metacade will offer a stunning range of classic arcade and metaverse games for the serious blockchain gamer. Alongside genuine P2E (play-to-earn) functionality, Metacade also offers gamers the chance to generate income through testing, content creation, and new employment opportunities. But Metacade doesn’t stop there. It also acts as the ultimate Web3 community for GameFi developers, investors and crypto enthusiasts.

Metacade aims to allow developers and designers to connect directly with their target market. Developers can propose games directly to the community through the Metagrants program. M CADE holders will vote on proposals and the winner will receive a funding to develop their game for the Metacade platform. Meanwhile, investors and crypto enthusiasts profit from attractive staking and investment opportunities. Metacade (MCADE) works because it brings together all sides of the GameFi industry, combining them for mutual benefit.

Metacade plans to become a DAO where members are rewarded proportionally for everything they bring to the community and given full control of the future of the platform. The focus on community will see Metacade continually giving back to its members through token rewards, community events, and even a jobs board to help them find new roles in GameFi and Web3. 

The initial Metacade (MCADE) presale has already sold over $2.1m, so act now if you want to investbecause easing inflation will only make the offer more popular. 

What is Decentraland (MANA), and how does it work?

In the Decentraland (MANA) metaverse, players can buy virtual land and develop it in any way they like. That could be a store to sell NFTs and other self-created content, a buzzing music venue to promote new artists, or a dedicated space to showcase new fashion collections. Although there’s still a gaming part to Decentraland (MANA), its focus is much more on using events and experiences to create P2E opportunities.

Decentraland (MANA) scores highly because of its first-mover advantage. Other companies talk about being in the metaverse, but Decentraland (MANA) is already there. That said, user numbers have yet to really take off, and social interaction on the platform is limited. Perhaps a combination of easing inflation, lower interest rates, and the increasing prevalence of Web3 technology will allow Decentraland (MANA) to really fly in 2023.

What is Sandbox (SAND) and how does it work?

Sandbox (SAND) started life as a mobile phone game before morphing into a major player in the metaverse gaming sector. There can be a tendency in crypto gaming to focus more on the crypto and less on the gaming, but that accusation can’t be leveled against Sandbox (SAND). With the gaming element to the fore, players and investors can buy and develop virtual plots of land. They can then generate income through renting, trading, and creating NFTs and other content.

Sandbox (SAND) has much to commend it. It’s great fun and easy to use, it’s an established player with top brand partnerships, it offers genuine P2E functionality, and it’s a DAO that works for the benefit of its members. But is its target market too narrow? Time will tell. But as easing inflation and better economic indicators take hold, there are still plenty of people who believe that Sandbox (SAND) could once again reach the spectacular highs of November 2021.

Choosing between Metacade (MCADE), Decentraland (MANA) and Sandbox (SAND)

Metacade (MCADE) is a GameFi and metaverse platform for a community of gamers, developers and investors. Decentraland (MANA) features a virtual world full of events, concerts and experiences, attractive to digital artists. Sandbox (SAND) has a greater focus on games and gamers, with more P2E possibilities. 

While Decentraland (MANA) and Sandbox (SAND) both retain the capacity to regain their former highs, newcomer Metacade (MCADE) has immersive games, clear potential, and comprehensive functionality increase the likelihood Metacade will make it big in 2023. Metacade is currently in its presale stage, and, if it can enjoy the same value increases Decentraland and Sandbox experienced early on, it could easily hit $1 and beyond in the coming years.

On the basis of a stronger economy, a recovering crypto industry, and massive projected growth in the metaverse gaming sector, Metacade (MCADE), Decentraland (MANA) and Sandbox (SAND) all look like hot prospects for 2023. But Metacade (MCADE) comes out on top, thanks to its huge selection of games, its widespread appeal across the GameFi spectrum, and early mover advantage – but buy now, as the 1st stage presale at the best price ends soon.

You can participate in the Metacade presale here.

The post Easing Inflation Could Be Key Catalyst for Decentraland (MANA), Sandbox (SAND) And Metacade (MCADE) appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

Crypto Forecasts for 2023: Solana (SOL) and Metacade (MCADE)

The crypto forecast 2023 suggests the bear market could be nearing its end, as prices are expected to start rising before the year is up. Both Bitcoin (BTC) and Solana (SOL) are set to start gaining some momentum, while Metacade (MCADE) could produce explosive price action as a new cryptocurrency with huge potential.

Crypto forecast 2023: Will MCADE reach $1?

The MCADE token recently launched in its presale event and attracted over $2.1 million worth of funding in weeks. Its parent platform, Metacade, aims to become an exciting community-driven hub for GameFi, and looks to have the potential to become one of the biggest names in the blockchain gaming space.

When all presale stages are complete, MCADE could quickly skyrocket in value as investors realize the possibilities behind Metacade with its ground-breaking earning mechanics. The crypto forecast in 2023 for MCADE is that it could breach the $0.50 level, only meeting resistance at $1 – which would reflect an incredible 25-50x gain following the presale.

What is Metacade (MCADE)?

Metacade has plans ready to become the biggest gaming arcade to be found anywhere on the blockchain. The platform will be host to an increasing variety of different play-to-earn (P2E) games as well as a suite of additional features designed to reward its community directly.

Users can earn MCADE tokens for providing useful contributions to the platform, including writing game reviews, sharing alpha, and interacting with other members. These features are designed to boost the level of information-sharing across the platform and could help turn Metacade into a hive of activity to learn about all things GameFi.

The core features of the Metacade platform revolve around its play-to-earn arcade, in which gamers will gain access to a broad range of titles, including some classic games that have been remastered for the blockchain. Metacade will offer both casual and competitive gameplay, as users can access paid entry tournaments for the chance to win major MCADE prizes.

How does Metacade work?

Metacade offers a variety of features that enable its community to earn crypto. Create2Earn rewards users for their contributions, Play2Earn rewards users for playing games, Compete2Earn rewards tournament winners, and Work2Earn will offer exclusive job opportunities within the world of Web3 as the platform develops further.

From 2024 onwards, Metacade will have a jobs board that connects its users to roles at a variety of blockchain projects. The community can also find work testing new arcade games coming to Metacade, providing feedback to game developers with the aim of preparing new titles for official release.

Over time, Metacade aims to become a decentralized autonomous organization (DAO) and hand full control over to the community. MCADE holders will be able to vote on governance proposals to drive the development of the platform, and the core team of Metacade will be fully staffed by prominent members of the community.

What is Bitcoin (BTC)?

Bitcoin was the first cryptocurrency to be built using blockchain technology. The blockchain uses Nakamoto consensus, which is a robust and secure method of processing financial transactions in a distributed computer network. BTC is mined when nodes solve a complex mathematical problem, with new blocks being produced every 10 minutes on average.

Crypto forecast 2023: Will BTC reach $30,000?

The price of BTC usually follows its 4-year halving cycle, in which the number of BTC that is mined in every block is cut in half. This process is programmed into the BTC source code, and a crypto bull market has historically followed in the months after every halving.

After bottoming out between $10,000 and $16,000, the crypto forecast for 2023 suggests that BTC is expected to reverse its bearish trend and start to gain momentum ahead of the halving event in 2024. By the end of 2023, BTC could target a key resistance level of $30,000.

What is Solana (SOL)?

SOL is the native token for the Solana blockchain, which can support a high number of transactions at a low cost due to its unique consensus mechanism. SOL combines a proof-of-stake and proof-of-history consensus into a single protocol, which enables rapid block finality.

The SOL ecosystem is home to many different decentralized applications (dApps), including NFTs, DeFi services and blockchain games. After falling under $10 at the end of 2022, SOL is expected to recover in 2023 as it aims to reclaim its previous all-time high of $259.

Crypto forecast 2023: Will SOL reach $50?

The crypto forecast for 2023 suggests that SOL could reach $50 after recovering from a dismal performance during the 2022 bear market. The token suffered significantly following the collapse of FTX in November, but the ecosystem remains a strong blockchain with a bright future.

Crypto forecast 2023: Metacade is the best looking for the future 

The MCADE token presale has been a massive success so far as investors have been keen to get involved in MCADE at the current price level. The beta phase sold out 140,000,000 MCADE tokens at an astonishing pace, with future investment rounds quickly to follow suit.

The price of MCADE is set to rise from $0.008 to $0.02 during the presale stages. MCADE’s long-term price prediction is extremely bullish as the wider crypto market approaches the next bull market, which clearly makes the Metacade presale the best investment opportunity right now.

You can participate in the MCADE presale here.

The post Crypto Forecasts for 2023: Solana (SOL) and Metacade (MCADE) appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

Orange Financial To Launch Innovative Yield Farming Treasury – Stablecoin Rewards for NFT Holders

Geneva, Switzerland, 12th January, 2023, Chainwire

Orange Financial, a multi-chain yield farming treasury, is excited to announce its public mint date on February 1st, 2023. As the only NFT project to offer stablecoin rewards through yield farming to its holders, Orange Financial will revolutionize the world of yield farming and NFTs.

Through its innovative approach, Orange Financial has created a basket of DeFi assets and farming opportunities to provide yield for its NFT holders. The Treasury takes care of all the compounding and harvesting on behalf of its holders and routes the returns back through USDC, making it a convenient and secure choice for hands-off diversification.

One of the key features of Orange Financial is that the Treasury rewards users in stablecoins as opposed to using a native token. This allows holders to receive real-yield instead of devaluing volatile assets. The treasury participates in a wide range of yield farming opportunities to provide the best returns for its holders. With no native token and no fixed interest rate, the Treasury’s payout schedule is purely dependent on market conditions and is transparently posted on a weekly basis.

In addition to its diversified DeFi Treasury, Orange Financial is also Polygon native and does not require any staking or interaction from NFT holders after they mint their NFTs. All USDC rewards are air-dropped directly to the wallet of each holder, making it a hassle-free way to participate in yield farming.

Orange Financial NFT’s can be stored on cold wallets with no connection to the internet, making it a safe and convenient way to receive stablecoin rewards. With a low cost of entry and no minimum stake requirement, Orange Financial allows NFT holders to diversify into a basket of high-cost-of-entry yield farming projects and receive all the compounding benefits without any additional effort.

Be sure to catch the launch of Orange Financial on February 1st, 2023 and keep an eye out for updates on Orange Financial’s progress as we work to revolutionize the DeFi industry and offer real-yield opportunities for NFT holders.

About Orange Financial
Orange Financial was Created from a desire to have a service in the web3 space that simply did not exist: A efficient, yet incredibly transparent yield farming treasury that has no native token and no fixed interest. A treasury that pays rewards to holders only when they are due- and always in an asset that never loses value (USDC).

As DeFi continues to grow the price of entry for certain projects continues to rise. Orange Financial believes everyone should have the opportunity to participate in DeFi. With a low cost of entry, Orange Financial NFT holders are able to diversify into a basket of high-cost of entry-yield farming projects and receive all the compounding benefits without lifting a finger.

Social media:

Website
Twitter
Discord

Contact

Chief Marketing Officer, John Talbot, Orange Financial, pr@orange.financial

The post Orange Financial To Launch Innovative Yield Farming Treasury – Stablecoin Rewards for NFT Holders appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.


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