Axie Infinity and Metacade: Trending Metaverse Projects for 2023

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Axie Infinity (AXS) and Metacade (MCADE) are two trending metaverse projects with an opportunity to make their mark in the metaverse. Although it’s still early days for wide metaverse adoption, it’s always a good idea to respect the early movers. Axie Infinity has a head start over Metacade but the latter brings a new concept to play to earn. In this article, we will dig deeper into both projects and how they can compete to be among the best metaverse projects.

Metacade is launching a new Web3 community that is built around a play to earn theme. The goal of the project is to create a community-led platform that offers something for casual gamers and serious P2E enthusiasts. Metacade will build its arcade further with grants for the best game ideas. Investors can vote on which games get funded by those grants staking MCADE tokens. Better still, those MCADE tokens will offer a share of project revenues.

Axie Infinity (AXS) has already proved what is possible in the metaverse with the right P2E model. The project saw its token rise from cents per AXS coin to a high of $160 ahead of the cryptocurrency bear market. Since then, the coin has slumped to $12 after user numbers dropped with the coin price.

The reason for the rollercoaster price move was a surge in daily users going up to 2.7 million at the peak. The coins were worth so much that playing to earn and selling NFTs was big business. That daily user count has since dropped to 110k, but we can’t count the project out. Gamers will stick to what they know and a resurgence in AXS would bring them back again.

Metacade is looking to bring the fun and social aspect of an