Metacade (MCADE) is a cryptocurrency that powers a decentralized gaming platform, offering a community hub where gamers and blockchain enthusiasts can interact, share ideas, and participate in various activities. The platform leverages blockchain technology to create a self-sustaining community owned and run by its users. MCADE token holders can vote on game development funding, participate in governance, and access in-game items and features, driving the growth of the GameFi ecosystem.
The crypto Metacade (MCADE) is used in various ways within the Metacade ecosystem, which serves as a community hub for both gamers and crypto enthusiasts in the Web3 space. Here are some key use cases:
Deflationary Tokenomics: Metacade employs a unique algorithm linked directly to actual revenue, time, and the introduction of new tokens. This mechanism allows Metacade to regulate the reduction of circulating supply, benefiting those who hold the $MCADE token.
Staking: Users can stake their tokens and accumulate rewards in $MCADE by locking up their position, preparing for potential growth during the gaming bull run.
Content Contribution: Content contributors on the platform can earn $MCADE tokens each week while building their reputation within the community.
Referral Rewards: Users receive $MCADE tokens as a token of appreciation when they introduce Metacade to other communities and gaming partners who successfully onboard the platform.
Participation in Gaming Activities: Users can earn $MCADE tokens by enrolling in-game tests, review groups, competitions, and partner-related activities.
Voting on Game Funding: MCADE token holders have the authority to vote on developer-submitted games eligible for funding through the Metagrants program, democratizing the game funding process.
- Access to Reward Pools, Tournaments, and Competitions: Holding the MCADE token unlocks entry into reward pools, tournaments, competitions, and airdrops, enriching the gaming experience.
To store Metacade (MCADE) tokens, you need a reliable crypto wallet. Here are the steps to set up and use a wallet:
Choose a Crypto Wallet: Select a wallet that works well in your area, accepts your payment method, and follows your preferred policies. Popular and reliable options include Coinbase Wallet, MetaMask, and TrustWallet. You can download the wallet extension on Google Chrome or the wallet app from the iOS App Store or Google Play.
Set up Your Wallet: Create an account by providing your personal information and selecting a strong password. You will be given a Secret Recovery Phrase or Seed Words, which are crucial in case you lose your wallet. Accurately note them down before proceeding.
Fund Your Wallet: Transfer your base currency (e.g., Ethereum, Bitcoin, or Tether) to your wallet. This will be used to trade MCADE tokens.
Connect to a Decentralized Exchange (DEX): Choose a DEX that supports your wallet. For example, if you use Trust Wallet, you can go to 1inch to make the transaction.
Buy and Store MCADE Tokens: Use your base currency to buy MCADE tokens on the DEX. Once the transaction is complete, the tokens will be stored in your wallet.
Remember to keep your wallet secure by storing your seed phrase safely and being cautious of scams.
To buy Metacade (MCADE) tokens, you can follow these steps:
Choose a Platform: You can purchase MCADE tokens on various platforms, including centralized exchanges like Bitget, BitMart, Coinstore, and MEXC, as well as decentralized exchanges like Uniswap.
Set Up an Account: If you don't already have an account on your chosen platform, create one and complete the necessary verification steps, such as KYC (Know Your Customer) if required.
Fund Your Account: Deposit funds into your account using methods such as debit, credit cards, bank transfers, or other cryptocurrencies like USDT. Ensure you have sufficient funds to cover the purchase.
Connect Your Wallet: If using a decentralized exchange like Uniswap, connect your wallet (e.g., MetaMask) to the platform. This will allow you to store and manage your MCADE tokens.
Buy MCADE: Navigate to the MCADE token listing on your chosen platform and execute a trade to purchase the desired amount of MCADE tokens using your available funds.
Store Your Tokens: Once the purchase is complete, your MCADE tokens will be stored in your connected wallet. You can then hold, trade, or transfer them as needed.
Remember to always use the official token contract address (0xed328E9C1179a30ddC1E7595E036AEd8760C22aF) to ensure you are buying genuine MCADE tokens.
