Metacade Presale Passes $2 Million – Only $690k Remaining Before It Sells Out

London, United Kingdom, 10th January, 2023, Chainwire

Metacade has exceeded expectations as investors flocked to its presale to purchase MCADE tokens, raising over $2 million for the GameFi project.

The beta stage of the presale saw $1 million pour in over a matter of weeks and momentum has continued despite the 25% increase in token price. There is now only $690k remaining of the token at $0.01 before the price rises 20% in the next round.

$MCADE is available to buy on the official Metacade website.

Metacade is the world’s first community-run play-to-earn (P2E) arcade built on blockchain. The Ethereum-backed metaverse project will offer a thriving GameFi hub for gamers and crypto enthusiasts alike. It will be a place to earn, learn and connect with like-minded individuals while playing some of the hottest P2E games that GameFi space has to offer. 

Built to last, the Metacade roadmap showcases the project’s ambition and longevity. Beyond its stellar blockchain game offering, the platform will host leaderboards, trending games, GameFi alpha, and much more to keep the community engaged. To further show its support to the gaming community the platform will launch a jobs board to help people new roles in Web3 and a Metagrants initiative to support game developers keen to build on the platform. 

MCADE, the platform’s native token, will power activity and transactions on Metacade. Players will use it to access pay-to-play games and be rewarded for their gaming efforts in MCADE. There will be further earning opportunities through competitions and tournaments, sharing gaming alpha, and writing reviews. Staking will also be an option for MCADE holders wanting to top up their income. 

MCADE 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. 

MCADE will soon be listed on Bitmart, one of the world’s largest cryptocurrency exchanges, which is ranked 21st in the CoinMarketCap exchange rankings. Metacade signed the terms with the Singapore-based digital asset exchange in December 2022 and shared the news on its Twitter account. This is just the beginning for the MCADE token as the team has revealed they are in talks with other crypto exchanges and have a top 10 exchange listing announcement coming soon. 

Head of Product for Metacade Russell Bennett said: “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.”

The P2E GameFi platform has the stamp of approval from leading blockchain auditing firm Certik. Metacade joins the ranks among Polygon, ApeCoin, and BNB Chain as a trusted platform in the crypto space. Certik employs cutting-edge technology and mathematics to analyze and evaluate the specification and code of blockchain projects. The auditors also carried out a full KYC of the Metacade team to ensure they are genuine and provide further transparency of the project. The full audit results are available on the Certik website.   

The Metacade presale has now sold over $2 million worth of tokens in under 7 weeks and at the time of publishing has under 25% remaining. 

About Metacade
Metacade  is the premier destination for gaming in the metaverse. As Web3’s first community arcade that allows gamers to hang out, share gaming knowledge and play exclusive P2E games. The platform offers users multiple ways to generate income, build careers in Web3, and connect with the wider gaming community. 

Leading investing site Invezz has called Metacade: “A place where GameFi and the Metaverse intersect, with the potential to be one of the biggest names in its space, and potentially the industry overall”.

Metacade will be the one-stop destination for users to play, earn, and network with other passionate gamers worldwide. Once the project reaches the end of its roadmap, Metacade will be handed over to the community as a full-fledged DAO. After all, Metacade wants you to have a hand in shaping the GameFi world of tomorrow.

Website | Whitepaper | Socials | CertiK Audit


Head of Product
Russell Bennett


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Metacade Presale for Web3’s First-Ever P2E Crypto Arcade Raises Over $670k in Under 2 Weeks

London, United Kingdom, 8th December, 2022, Chainwire

Metacade, the first-ever community-developed play-to-earn (P2E) blockchain arcade, has announced the launch of its highly anticipated $MCADE token presale. 

The sale of Metacade’s native utility token sold over an incredible $670k in under 2 weeks, with their Beta Sale stage now over 60% SOLD OUT.

$MCADE is available to buy on the official Metacade website.

Positioning itself as a Web3 community hub, this gaming-first platform is set to attract gamers, investors, and entrepreneurs alike by offering a multitude of ways to earn, play, and connect. It looks to be a central hangout for all of those interested in GameFi and metaverse. 

To ensure investor confidence, $MCADE has been audited by leading blockchain auditing firm CertiK, a security-focused platform that analyzes and monitors blockchain protocols and DeFi projects. Verification and approval from CertiK mean that the code behind Metacade is highly secure and has been scrutinized for any weak spots. 

Metacade harnesses the power of Web3 to take blockchain gaming to the next level. The project goes beyond play-to-earn and offers a place to discover what games are trending, view leaderboards, publish game reviews, and access the hottest and most advanced GameFi alpha.

Head of Product for Metacade, Russell Bennet said: “The crypto gaming space is crying out for a single destination where we can all go and learn, earn and play games with fellow enthusiasts without having to jump from platform to platform”.

Metacade isn’t out to just improve the existing P2E and metaverse worlds but also to foster the future of this space. The project’s hallmark feature is Metagrants, a source of funding awarded to game developers to bring new games to the Metacade. The Metacade community will vote on which projects get funded to turn the collective vision into a reality on the platform. The first game developed using the first Metagrant will be launched in 2024.

By the end of 2024, the project intends to transform into a DAO, handing over key roles and responsibilities to the Metacade community and achieving a fully community-staffed business. It looks to achieve this by deploying Play2Earn, Create2Earn, and Work2Earn functionalities with each of these initiatives giving a little more control of the project over to the community in the coming years. 

Reflecting on the core ethos of Metacade, Russell said: “We want to create a community that has zero barriers to entry whether you want to work in the space, launch a business or just hang, out, play, and have fun.”

$MCADE has a fixed supply of 2 Billion $MCADE tokens. Seventy percent of these (1.4 billion $MCADE tokens) are being made available during the token’s presale event. The remaining thirty percent will be used on exchange listings, during development, providing liquidity, and funding the competition pool. 

$MCADE is the utility and governance token powering the project. It plays a crucial role in the platform’s functionality as holders can use it to vote on the project’s future direction and new game proposals. It will be the main tool for interacting with the Metacade ecosystem: holders can use it to enter tournaments and exclusive prize draws, purchase merchandise, and many other things as the platform develops. 

Token holders will have plenty of opportunities to earn rewards through the project. $MCADE holders can earn from activities such as contributing content, reviewing and testing games, and generally engaging within the ecosystem. $MCADE holders may also stake their tokens in liquidity pools to earn rewards and APYs based on the amount staked. Staked rewards are paid in a stablecoin amount rather than in $MCADE to protect the value of the funds from inflation and price swings. 

To further promote a deflationary attribute to the token, Metacade plans on introducing a burn mechanism or a buyback scheme. Token burning will help the ecosystem permanently erase a given percentage of supply, thereby lowering the overall supply and boosting the value of $MCADE in the long run.

Right after the $MCADE presale is complete, Metacade will roll out the website and build a founding team. In Q1 2023, the goal is to list the $MCADE token on Uniswap and the top five centralized exchanges, along with popular crypto aggregators. With an ambitious road map, Metacade is on track to revolutionize how a traditional community hub is owned and operated.

The Metacade Beta sale has now sold over $670,000 worth of tokens in under two weeks and at the time of publishing has under 40% remaining. 

To buy $MCADE, visit and join the presale now. 

About GameFi
GameFi, one of the most talked about and promising sectors of Web3, creates a virtual gaming ecosystem that relies on the use of cryptocurrency, non-fungible tokens (NFTs), and blockchain technology. At the core of the GameFi ecosystem is the play-to-earn (P2E) gaming model. Unlike the traditional pay-to-play model, P2E allows gamers to earn financial rewards by participating in challenges and tasks.

About Metacade
Metacade is the premier destination for gaming in the metaverse. As Web3’s first community arcade that allows gamers to hang out, share gaming knowledge and play exclusive P2E games. The platform offers users multiple ways to generate income, build careers in Web3, and connect with the wider gaming community. 

Metacade will be the one-stop destination for users to play, earn, and network with other passionate gamers worldwide. Once the project reaches the end of its roadmap, Metacade will be handed over to the community as a full-fledged DAO. After all, Metacade wants you to have a hand in shaping the GameFi world of tomorrow.



Head of Product
Russell Bennett


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P2E Arcade2Earn Raises $3.2M in Seed Funding Led by Capital

Arcade2Earn has earned $3.2 million in a seed funding round led by Capital.

shutterstock_2097738238 2.jpg

The play-to-earn (P2E) gaming platform – built on the Solana blockchain – also announced that other investors included Solana Ventures, Shima Capital, KuCoin Labs and GSR.

According to Arcade co-founder Jaleel Menifee, the funding was realised via a simple agreement for future tokens (SAFT). The company’s utility token is also known by the same name, arcade.

According to research, funding for web3 investments has fallen this year, however, gaming projects have remained valuable or popular as most venture funding has gone to NFTs and gaming in the third quarter.

Arcade claims a unique selling point, it says that it has a unique concept called “mission pools” which allows gamers to make money without owning NFTs.

According to the company, users who have gained approval from the company can be a mission pool operator and gain access to games using NFTs owned by Arcade’s treasury or lent to Arcade. Later, they can be used to generate rewards.

Furthermore, mission pool contributors can become arcade token holders who get to decide which operators and in-game activities they wish to support by depositing their xarcade tokens in a mission pool.

“Not everyone is good at playing or has time to play games and earn,” Xinlu Yu, head of KuCoin Labs, said in a statement. “This is where Arcade fills the gap by enabling those groups of people to enjoy earning yields through their specific products without directly playing the games themselves.”

Currently, Arcade has 20 people working for the company, including its six co-founders. Menifee has also said that the Arcade platform is currently under development and its demo has been scheduled to launch before the end of this year.

Image source: Shutterstock


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Axie Infinity Transitions its P2E Gaming Platform to a New Game Mode

Online pay-to-earn (P2E) gaming platform Axie Infinity has announced the transition of its gaming mode from classical to a better-developed one dubbed Axie Infinity Origin.


According to the blogpost shared by the platform, the transition to the new game mode will be completed in 30 days, starting from last Friday. Axie Infinity has often developed an online gaming platform where users earn in crypto assets, ensuring that withdrawal is seamless. The new upgrade, however, promises a better experience for users on the platform.


In the former game mode, the Smooth Love Potions (SLP) token was well featured, however, the new gaming mode will see this vital token now integrated into the Origin’s ranked gameplay mode and completely removed from Classic (v2). The Origin Season 0 mode is billed to be fully integrated starting from the 12th of August.

The team notes that transitioning from the Classic game mode is necessary so that it achieves an expanded ability to balance the SLP economy. Hence, every step taken in this light is geared to achieve this aim.

Despite this transition, the Axie Infinity team said the SLP token “will continue to only be distributed in PvP Ranked mode when players win battles, and the higher Rank that one is competing in, the more SLP rewards they will receive per win.”


P2E games are becoming more of a central pursuit to the Non-Fungible Token (NFT) ecosystem and more startups are committed to developing new gaming titles for Web3.0 users. As one of the pioneering P2E game outfits, Axie Infinity is committed to continuous game development and strategic updates that can help keep it on top as one of the most competitive platforms today.

This is even so necessary as Venture Capital firms like Andreessen Horowitz (a16z) and Magic Ventures amongst others are largely committing new funds to bootstrap startups with unique gaming models.

Image source: Shutterstock


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HK’s PANGU Plays a Magician in Metaverse, Expanding P2E Model for Business Growth

Hong Kong-based start-up PANGU, a metaverse agency appointed by Sandbox, is helping clients to enter into the metaverse by providing asset creation and branding consultation services. The company said it is building various business models, including the play-to-earn (P2E) model for clients to support its growth. - 2022-06-17T165817.235.jpg

Kenny Ng, the founder of PANGU by Kenal (left) believes the Metaverse would be the tendency of the future; 
and Zero Chung (right) thinks that providing customied solutions to clients is key advantages of the company.

Interior designer in the Metaverse

Stepping into the office located at Kowloon Bay, Eastern Kowloon in Hong Kong, a mini botanical garden has been set up at the base’s main entrance. Agave americana, more commonly known as Century Plant, and other various potted plants are growing under the care of the owner. The vibe of the working environment and its inspirations also come from the green belief.

PANGU, the visual design production company established as its affiliate of the Kenal Group, has hired over 20 staff and still rapidly expanding. Kenny Ng, Founder of PANGU by Kenal, established his team around eight months ago. Ng shared his experience with Blockchain.News, “just like other start-up companies, we are gradually expanding our scale, starting from building up our products with designers, then developing business and marketing teams at the following stage.”

Furthermore, the company plans to establish community management in the long term, PANGU’s Ng shared his ongoing business plans to Blockchain.News.

This company has connected with the Sandbox since last November in 2021 and was just appointed as the official TSB Metaverse agency in April, which is rare for HK-based startups in the global market. According to PANGU, the agency raised its capital independently followed by grants from Sandbox’s “game maker fund”, which aims at connecting with the next generation and the tendency of web 3.

These services support its business growth by providing a one-stop solution, including land purchase with development, offering marketing strategy, digital assets creation and branding collaboration for clients from online to offline.

Kenny Ng, Founder of PANGU said:

“As an agency of (the Sandbox), we wish we are able to provide complete solid service with own our resources, instead of outsourcing works to other parties, which is not practical. So, that would be our direction in practice.”

“Our partnership (between Sandbox and clients) is more like property developers, and we play our role as the builder and property management unit as a contractor, offering consultations for clients on how to develop their own lands and promote their branding through online and offline activities,” Chung added.

Projects such as Metagreen or clients from Standard Character are part of their key clients, these corporate firms have entered into the Metaverse through the Sandbox. In the project of Metagreen, PANGU said they are mainly responsible for purchasing land and its development, non-fungible token (NFT) creation, but also partnerships from online to offline, including partnerships with NFT gallery, NGOs and running other community channel management, such as Discord.

The founder told Blockchain.News that “in this early stage of the Metaverse, most clients are still discovering and exploring what they can do after investing in these virtual lands. Some clients prefer to shape a revolutionized image and identity in the virtual space, while some clients prefer to promote their branding traditionally,” adding that “we are working together with clients to find out a potential and possible (virtual) identity by helping them to build its ecosystem in this space.”

The Chief strategist suggests customized design and creative solutions for various clients would be one of the advantages for the company to remain competitive in the industry, as the company is not just serving local customers but serving globally.

P2E Development

Meanwhile, inspired by environmentally sustainable beliefs, the company also transformed itself into a game developer, trying to bring different scenarios to this virtual space.

Earlier this month, the game developer virtually launched an NFT drop project, connecting with a gamification-based metaverse space. Featuring ecology conservation and environmental sustainability, the company is introducing a gamification-based platform for players to explore another virtual world– Ecoland.

The Ecoland is a diversified ecosystem, featuring environmental and educational theme interaction for players, according to PANGU. The company said its assets creation is fully designed from scratch by itself. Their voxel characters are unique with high quality. - 2022-06-17T170804.958.jpg

Operating through the Play-to-Earn (P2E) model, the platform has associated with the Sandbox, players can earn SAND tokens or win some exclusive NFTs after completing several missions in the game in exchange for upgrading their equipment and tradings.

In addition, the gaming platform also wishes to escalate its landscape in the Metaverse, bringing more interactive ways in different scenarios, such as “Play to learn”, to deliver educational messages to players by completing some mini-games in the space. “We are also cooperating with several environmental NGOs, so we will donate serval amount to NGOs we cooperate with when customers buy specific NFTs from them. These objectives would help us fulfil social responsibility obligations,” Chung added.

Regarding crypto adoptions, PANGU said currently it would only use tokens for necessary transactions or trading among campaigns during the execution stage, such as paying gas fees during the minting of NFTs. “The company might use tokens in the future as the incentive for staff, encouraging them to stay tuned in the crypto space,” Ng added.

Previously, the company participated in the event the Artaverse, to increase its exposure to the industry.


PANGU discloses the company is expanding regional and overseas markets during Q3 and Q4 this year. 

Promising Potential Value in the Metaverse

According to the latest research from McKinsey & Company, the study suggests the preliminary value of the Metaverse it creates in the space could grow up to $5 trillion by 2030.

E-commerce would be the largest driving force, which takes up to $2.6 trillion, followed by virtual learning ($270 billion), advertising ($206 billion) and gaming ($125 billion) sector.

Meanwhile, the blockchain-related application and scenarios on the Metaverse are still expanding.

Author of “Snow Crash”, Neal Stephenson, who created the term “the Metaverse” nearly 30 years ago, has recently announced a new project named LAMINA1, according to online media outlet Decrypt.

The project was described as a “free metaverse”, a blockchain-based network for building the open Metaverse. “We’re going to have all the facilities of a full layer one (blockchain) to help support and encourage the creators who want to build with us. That is my and Neal’s strategy—align everything around getting the best thing built and getting everybody all the tools they need to build what they want,” Vessenes explained.

Imagination of Virtual Land

The land issue in Hong Kong remains one of the most challenging issues in the city. With limited space and high demand, physical land has become one of the rarest resources for housing, real estate and other property developments.

Since the arrival of Metaverse and virtual lands in recent years, the bond and chemistry between these two topics have the caught attention of investors who wish to join the virtual space instead of trading physical land. More local entities or corporate firms in Hong Kong, as a result, foresee the potential benefit and investment opportunities in the Metaverse. However, these firms still need a builder’s help to construct the Metaverse infrastructure.

Apart from projects coordinated by PANGU, more local firms, such as Telcom operator PCCW and local railway operator MTR, also shared optimistic views by joining the Metaverse space, aiming at raising their awareness and exposure in the virtual space. Meanwhile, Yahoo and Meta, formerly named Facebook, have also announced to launch of a metaverse connection in the city in the hope that to reserve the old style and image of the city.


Tagged : / / / / / / / Corp Launches Hulk Labs, Focusing on GamFi and NFT

Toronto-based publicly-traded Blockchain technology company Corp. has launched Hulk Labs, a platform focusing on Crypto-Play-to-Earn gaming and Non-fungible token (NFT) investment.

In addition to crypto staking and Metaverse businesses, Hulk Labs provides and monetizes investment opportunities in the gaming and NFT space for shareholders. Hulk Labs, a subsidiary of, will represent’s new Web3 vertical, focusing on the Play-to-Earn (P2E) space.

Play-to-earn (P2E), or GameFi, is the next major opportunity for Web3 and blockchain.

P2E is a popular business model that stays in the blockchain game world that integrates both Web3 and blockchain, which corresponds to the F2P (Free to Play) model common in the real world of the game industry.

Andrew Kiguel, CEO of, expressed his great pleasure to enter the new Web3 vertical with an excellent team, and hoped that in addition to providing investors with crypto assets related to Metaverse, DeFi and NFT, it will also develop games, becoming “one of the only public companies to offer a complete range of Web3 exposure”

He also added that the crypto gaming industry has grown dramatically over the past two quarters, with more than 600 games and a multi-billion dollar cryptocurrency market cap. is a publicly-traded company that uses shareholder capital to invest in digital assets used for crypto staking and DeFi and also provides transaction processing and validation services for various digital assets that power Decentralized Finance (DeFi) applications and Non-Fungible Token (NFT ) platforms. 

The corporation is listed on exchanges in three different countries: Canada’s NEO Exchange: COIN; Germany’s Frankfurt Stock Exchange: 76M; OTCQB United States: SMURF.

Earlier this month, the Professional drone racing League (DRL) joined the Metaverse world by launching its first game. A money-making crypto sports game on the Algorand blockchain in partnership with Playground Labs, a Web 3 game developer from crypto investment fund Hivemind.

Image source: Shutterstock


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Sega will likely not introduce NFTs for play-to-earn if ‘perceived as simple money-making’

The leadership at video game firm Sega Corporation’s holding company has suggested that they may avoid nonfungible tokens in play-to-earn model games based on the response from users.

In a Dec. 14 meeting of Sega Sammy Holdings’ CEO Haruki Satomi, senior executive vice president Koichi Fukazawa, and Sega Corporation President Yukio Sugino, the trio said they needed to “carefully assess” how to potentially introduce nonfungible tokens, or NFTs, into Sega titles to “mitigate the negative elements” and work within Japanese regulations. The executives cited “negative reactions” from users overseas rewarded in NFTs for gameplay.

“In terms of NFT, we would like to try out various experiments and we have already started many different studies and considerations but nothing is decided at this point regarding [play-to-earn],” said Sega. “We will consider this further if this leads to our mission ‘Constantly Creating, Forever Captivating’, but if it is perceived as simple money-making, I would like to make a decision not to proceed.”

The executives added that any rollout of NFTs in play-to-earn model games would “be better to work with partners on new technologies and domains […] rather than dealing with them in-house.” It’s unclear how the video game company intends to move forward with gauging user interest.

Related: Play-to-earn games are ushering in the next generation of platforms

The Sega Corporation is a Japan-based game developer and a subsidiary of the Sega Group Corporation, which merged with the Sammy Corporation in 2004. The company has been behind many popular games since the introduction of Sonic the Hedgehog in the 1990s — Sega’s latest title in the series, Sonic Frontiers, is scheduled to be released in 2022. In April 2021, the company announced it planned to expand into NFTs through a partnership with game developer double

Should Sega move forward with using NFTs in play-to-earn model games, it would be joining a variety of gaming companies incorporating the technology. In March 2021, France-based game publisher Ubisoft launched One Shot League, a fantasy soccer game developed in collaboration with the Ethereum-based game Sorare.