Crypto News

AI Altcoins Lead Bear Market Rally – What Does That Mean For Metacade?

Published

8 months ago

February 17, 2023

The bear market rally has caused the highest trending crypto projects to rise massively in a short space of time. AI projects such as Fetch.ai (FET) and The Graph (GRT) have been strong, but few have outperformed the highest trending crypto projects in GameFi.

Metacade, a trending crypto project in GameFi, shows major signs of future growth. As the bear market rally continues, investors wonder whether AI or GameFi is the best option to buy.

AI and GameFi are the highest trending crypto projects during the bear market rally

Few altcoins have performed as well as artificial intelligence (AI) projects during the bear market rally. AI is a revolutionary area of technological advancement where machine learning is used to analyze and respond to complex data sets. While AI can be used for several purposes, it is on a collision course with blockchain since the distributed ledger is essentially a database.

AI and blockchain are two of the most cutting-edge technologies of our time, and their potential is exponential when combined. After the popularity of ChatGPT, an instant messaging application with an AI algorithm developed by OpenAI, investors have poured into AI-based cryptocurrencies such as FET during the bear market rally – which has now exploded over 400%.

Despite this, GameFi platforms remain some of the highest-trending crypto projects on the market. Decentraland (MANA) is almost 200%, and Metacade has nearly sold out 4 presale phases. So, what does the popularity of AI-based cryptocurrencies mean for new GameFi platforms such as Metacade?

Can MCADE reach $5 in 2025?

While heavily favoring AI technologies, the bear market rally has not stopped the major GameFi projects from being near the top of the trending crypto lists. Metacade’s crypto presale remains one of the strongest investment opportunities of the bear market rally, with the long-term price prediction for Metacade looking extremely promising.

The MCADE token will be launched on exchanges later in 2023, and the new GameFi platform will go live. This is expected to cause a 50x price increase for the new token by the end of 2023, before the token gains momentum ahead of a future bull market.

By 2025, MCADE is expected to reach over $5 in value. This will be a 350x price rise from the end of the presale as Metacade looks ready to rival the biggest GameFi platforms in Web3, including Decentraland (MANA) and Axie Infinity (AXS).

What is Metacade?

Metacade is a community-driven arcade built using blockchain technology. The platform aims to deliver many Web3 play-to-earn games, with many different gaming experiences available to Metacade’s user base.

Metacade looks to become a central hub for Web3 users, connecting like-minded crypto enthusiasts and offering extensive earning capabilities directly on the platform. Not only can players play some of the most addictive arcade games on the blockchain, but they can also uncover the latest trends, compete online, and gain unprecedented access to job opportunities.

How does Metacade work?

The metaverse arcade offers casual and competitive gameplay, as users can join paid entry tournaments to compete for major crypto rewards. The arcade games in the Metacade offer endless challenges for gamers, with each game having integrated financial rewards as players progress and beat their high scores.

Metacade’s community hub will reward users for creating content and contributing to the platform. This can include game reviews, sharing alpha, and interacting with others directly. All interactions in the Metacade community hub can earn users rewards, which is a ground-breaking feature that makes Metacade stand apart from other GameFi projects.

As well as this, Metacade is creating new jobs for Web3 users through the Work2Earn mechanic. Metacade will connect its community to its partner projects and post job advertisements ranging from part-time gig work to full-time positions. All jobs in the Metcade are fully paid, representing a useful method of getting a foot in the door at some of Web3’s leading projects.

MCADE is a game-changer

Like many of Web3’s leading AI projects, Metacade is changing the game for good. Users can gain brand-new benefits while playing games online and maximize their crypto income through the platform’s unique features.

Metacade has been taking off during the bear market rally and is fast becoming one of the highest-trending crypto projects on the market. Since the MCADE token is still in its presale, it is gearing up for major price action in the coming years.

AI vs. GameFi: Is MCADE still the best buy?

AI projects have a bright future in the world of Web3, and the recent performance of FET is a strong sign of what’s to come for the AI sector of blockchain technology. However, GameFi projects have been some of the highest-trending crypto projects for the past few years, with MANA, SAND, and AXS rising over 200x in 2021.

MCADE is set to repeat the feat, and it may outperform even the highest-trending crypto projects in AI. The MCADE presale looks like the perfect opportunity to get involved in the next 100x gem in GameFi, so check it out before the price potentially skyrockets.

You can participate in the Metacade presale here.

The post AI Altcoins Lead Bear Market Rally – What Does That Mean For Metacade? appeared first on Best Bitcoin Exchange.

Crypto News

“Unveiling 2021: UK Financial Watchdog Prepares to Launch Crypto Sandbox”

Published

4 mins ago

October 3, 2023

The British Treasury is hoping to launch a Digital Securities Sandbox (DSS) by the end of Q1 next year, according to Helen Boyd, Head of Capital Markets at the independent regulatory watchdog the Financial Conduct Authority (FCA). The FCA already has a similar engagement via its Regulatory Sandbox, where companies with viable products can begin pitching them to a closed circle of early customers. Boyd stated that the DSS will have a new rule set to allow it to do new things with digital securities, and that the FCA is waiting for HM Treasury to publish the results of its consultation before they can take forward the new powers and develop the regulatory framework. Boyd also mentioned that tokenization is likely to shake up the traditional finance world once traditional securities instruments are represented on-chain, and that trading, settlement, and clearing processes could be ‘revolutionized’.

The FCA told crypto companies advertising in the UK that they have until October 8th to get in line with the regulator’s existing financial promotion regime, and that failure to comply can result in two years’ imprisonment, a fine, or both. Boyd mentioned that certain firms running late for registration may be able to get an extension.

This is good news for the crypto industry, as it will provide a safe and secure environment for those looking to bring innovative products to the market. It will also set up clear regulations for companies advertising in the UK, ensuring a safe and secure environment for customers.

#Crypto #DigitalSecurities #FCA #RegulatoryFramework #Tokenization

You can read more about this topic here: Decrypt: UK Financial Watchdog Hints at New Crypto Sandbox for Next Year

The post “Unveiling 2021: UK Financial Watchdog Prepares to Launch Crypto Sandbox” first appeared on Byte Syze Crypto.

Crypto News

“Follow Sam Bankman-Fried’s Historic Trial Live: Get the Latest News and Insights Here”

Published

1 hour ago

October 3, 2023

The trial of Sam Bankman-Fried, the disgraced founder of FTX and former crypto billionaire, has begun. Federal prosecutors accuse him of masterminding one of the most significant financial frauds in U.S. history. Bankman-Fried, once celebrated as a crypto billionaire, is alleged to have orchestrated a multibillion-dollar fraud and faces charges related to defrauding customers on his digital currency exchange, FTX. These accusations include wire fraud, securities fraud, and money laundering. The former CEO was arrested in December 2022 in Nassau, Bahamas, and extradited to the U.S. where he pleaded not guilty to all charges in January 2023. He was under house arrest at his parents home in Palo Alto, Claifornia, but in August 2023 his bond was revoked due to alleged witness tampering. Since then he’s been incarcerated at the Metropolitan Detention Center in Brooklyn. Jury selection began on Tuesday, October 3 at the New York courthouse, and the case has been described by Damian Williams, U.S. Attorney for the Southern District of New York, as “one of the biggest financial frauds in American history.” Bankman-Fried’s trial could potentially last up to six weeks.

This is definitely bad news for Bankman-Fried, as he faces a lengthy trial and potential prison sentence. The court denied his motion to be released from jail during the trial, so he will remain incarcerated. This news is important for the crypto industry, as Bankman-Fried’s case may set a legal precedent for future crypto-related frauds.

#CryptoFraud #FinancialFraud #SamBankmanFried #FTXExchange

You can read more about this topic here: Decrypt: The Trial of Sam Bankman-Fried: Live Blog, Latest News and Insights

The post “Follow Sam Bankman-Fried’s Historic Trial Live: Get the Latest News and Insights Here” first appeared on Byte Syze Crypto.

Crypto News

Sotheby’s and Ledger Join Forces to Bring Digital Art Collectors Exclusive Deals

Published

3 hours ago

October 3, 2023

Crypto wallet provider Ledger has partnered with art auction house Sotheby’s to offer exclusive benefits to digital art collectors. The tie-up entails that beginning in 2024, buyers of the most valuable digital art at Sotheby’s will receive a limited-edition Ledger x Sotheby’s Nano X hardware wallet. The partnership will also soon feature the introduction of a special edition of the Ledger Stax. Additionally, Sotheby’s elite collectors can enjoy a premium “white-glove concierge onboarding” facilitated by Ledger, which will seamlessly integrate them into the Ledger Academy’s educational resources. This move comes amid Ledger’s strategy to become a key player in the digital art world. Last year, the firm began development on an NFT Art collection and set up a fund specifically for aiding artists globally.

As for Sotheby’s, the auction house is hoping to merge its new interest in the digital art space with higher security standards via Ledger’s offering. They have also organized notable auctions like “Grails” that featured prominent digital artworks as well as an auction dedicated to legendary generative artist Vera Molnàr. “From announcing our secondary market platform as part of Sotheby’s Metaverse to further developments to be announced later this year, our goal remains to build a comprehensive digital art environment for collectors, and this partnership with Ledger is a key step in that development”, said Fahey.

This partnership between Ledger and Sotheby’s is great news for digital art collectors, as they will now be able to enjoy exclusive benefits such as limited edition hardware wallets and premium white-glove concierge onboarding. The partnership also extends to the development of an NFT Art collection and a fund for aiding artists, in order to further integrate digital art into the mainstream market.

#Ledger #Sothebys #NFT #DigitalArt

You can read more about this topic here: Decrypt: Ledger and Sotheby’s Team Up for Digital Art Exclusives

The post Sotheby’s and Ledger Join Forces to Bring Digital Art Collectors Exclusive Deals first appeared on Byte Syze Crypto.