Metacade has announced selling over $2 million worth of tokens on its presale. The team stated that the milestone was reached in under seven weeks, and only under 25% of the tokens remain.
The platform boasts of being the first community-run play-to-earn arcade on the blockchain. The Ethereum-backed metaverse project offers a GameFi hub for gamers and crypto enthusiasts. The team states that it will be a place to earn, learn and connect with like-minded individuals while playing games.
Metacade’s roadmap presents the project’s goals of becoming a long-term platform. Aside from its blockchain game offering, the platform will host leaderboards, trending games, and GameFi alpha, among other features.
The platform also looks to launch a job board to help people find new roles in the Web3 space, along with a Metagrants initiative to support game developers keen to build on the platform. Activity and transactions on Metacade will be powered by MCADE, the platform’s native token.
According to the press release, MCADE currently has a fixed token supply of 2 billion tokens, with seventy percent of these being made available during the presale. The other thirty percent of these tokens have been reserved for development, liquidity provisions, competition pool funding, and exchange listings.
Head of Product for Metacade, Russell Bennett, made comments:
“The Bitmart listing will give millions of people easy access to the MCADE token in a secure and safe trading environment. The public listing will propel awareness of Metacade and help the project gain further traction and following. With another popular exchange announcement soon to be revealed, we’re thrilled by the spectacular welcome Metacade has received from the GameFi space.”
Metacade’s end goal is to become the one-stop destination for users to play, earn, and network with other passionate gamers worldwide. The team states that once the project reaches the end of its roadmap, the platform will be handed over to the community as a full-fledged DAO.