Axie Infinity vs Metacade: Which is the better long-term investment?
If you are considering making an Axie Infinity investment, don’t do it blindly. It is important to compare the potential of AXS with other new projects in the GameFi sector, such as Metacade, to ensure that you are making 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 set 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 making money in the process.
Metacade provides many ways to make money through Web3. For example, players will be able to earn money by playing P2E games, participating in tournaments, prize draws and staking MCADE tokens – the platform’s native currency. Metacade will even help connect Web3 entrepreneurs and job seekers through the job board.
With so many different things to enjoy, Metacade truly will 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 favor going forward that should make it a superior Axie Infinity investment. Here’s why.
Metacade provides more ways to enjoy GameFi
Axie Infinity is a single game. It 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 must do things differently.
Metacade brings together many P2E and GameFi titles on a single platform. That means even if a player doesn’t like the first title they try, they’ll still have a reason to stay in the Metacade ecosystem.
This gives Metacade a wider appeal than Axie Infinity (AXS) and helps keep people on the platform for longer. 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 fill Metacade with a constant supply of new games for users to enjoy.
Metacade has not been hacked
Hackers stole more than $600 million from Axie Infinity (AXS) at the end of 2021 – one of the largest cryptos have ever seen. This has led to an irreversible loss of confidence among large investors and users in the industry.
If you are thinking of making an Axie Infinity investment in 2023 and beyond, this is something you need to consider. Metacade, on the other hand, has never been hacked. It still has the full confidence of the community and its investors.
Metacade is more than games
It’s also important to note that Metacade does more than gaming. It is also a platform that people can use to find jobs, socialize with friends and enjoy the best of Web3 in one place.
Axie Infinity (AXS) is in the business of gaming only. The project has a narrow focus, which has served it well in the past. But if you’re thinking of making an Axie Infinity investment going forward, consider the limitations this puts on the upside.
Metacade has more upside again
Metacade and Axie Infinity are also at two different stages of their respective development. Metacade is just getting started, while Axie Infinity’s best days may already be behind it.
Even if Axie Infinity can recapture its glory days, it still has a fully diluted valuation of over $1.5 billion with little room for growth, while Metacade’s market cap after it completes its pre-sale will be around $50 million.
This means that every dollar invested in MCADE tokens helps increase the project’s price by much more than an Axie Infinity investment.
Metacade is ready to take center stage
When considering everything related to Axie Infinity (AXS) vs. Metacad The winner is clearly Metacade. The project has just started and has a much wider potential user base thanks to its focus on gathering the best GameFi, P2E projects and more in one place.
Metacade’s pre-sale is still ongoing. The price started at 125 MCADE for $1 and will increase to 50 MCADE for $1 when the pre-sale ends. This means that the sooner you take action the better.
You can participate in the Metacade presale here.