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      Deutsche Bank Exploring Crypto Partnerships While Metacade’s Presale Gains Traction

      初級 4分

      Deutsche Bank has been making waves in cryptocurrency news circles as their asset management arm, DWS, is considering investments in two German crypto firms. DWS’ Group CEO Stefan Hoops, a well-known crypto enthusiast, is in talks to buy a minority stake in crypto-exchange products provider Deutsche Digital Assets and Tradias, a traditional finance market maker.

      With Deutsche Bank becoming the latest big-name financial behemoth to eye the crypto markets, Metacade’s presale is creating headlines in cryptocurrency news outlets as it continues to gain momentum.

      Why is Deutsche Bank eyeing up crypto investments?

      Cryptocurrency news outlets quickly pounced upon the recent report from Bloomberg that broke the story of Deutsche Bank’s interest in branching into crypto markets. In a recent earnings call, Hoops stated that DWS was beginning to assess strategic partners and commencing due diligence on potential targets. He also identified that the recent downturn in digital asset prices resulted in potentially exciting opportunities.

      Germany is regarded as one of the most favorable economies for cryptocurrencies to thrive, with zero capital gains tax on the sale of crypto held for more than a year. This cryptocurrency news of Deutsche Bank’s potential entry into crypto markets is a real tonic for markets as they look to build on encouraging performance early in 2023.

      Metacade gains traction during its presale event

      Metacade is a brand-new name in the world of crypto gaming that continues to exceed expectations as it gains momentum during its presale event. After launching in late 2022 at $0.008 per token, its native token, MCADE, has raised $10.8m in just 16 weeks.

      MCADE’s successful presale event has gained the attention of investors seeking an exciting new crypto project to back during the early weeks of 2023, with early bullish investors already seeing gains on their investment during the event and those just learning about Metacade’s prospects having plenty of time to get on board during the current bearish conditions.

      What is Metacade?

      Metacade aims to revolutionize blockchain gaming with its virtual online video gaming arcade bringing together gaming enthusiasts and crypto fans under one roof. Their platform will host the most comprehensive array of classic arcade titles with the best in cutting-edge Web3 designed titles, while integrating unrivaled play-to-earn (P2E) mechanics to provide ground-breaking opportunities to earn passive income.

      Alongside the primary P2E capability, Metacade’s ecosystem offers its community members several other routes to earn as they use the platform. Each facet, Compete2Earn, Create2Earn, and Work2Earn, provides members with tangible benefits and incentivizes the building of the GameFi industry’s largest and most vibrant community.

      For example, users will be rewarded with crypto tokens each time they interact socially with the hub. Every piece of content, such as game reviews, alpha, contributions to online forums, and live chats, will generate a reward. The more users interact, the more they earn. Meanwhile, users can stake their tokens in return for entry into online tournaments and prize draws via the Compete2Earn initiative. At the same time, the launch of Work2Earn in 2024 looks set to revolutionize the entire GameFi industry.

      How does it work?

      The MCADE token provides the impetus for Metacade’s platform, with the coin being the medium of exchange for all activity on the platform, from purchasing merchandise as the currency by which members gain entry to tournaments and access to the platform’s array of pay-to-play games. These funds, combined with external revenue generation sources such as advertising, launching external games on Metacade, and hosting job vacancies, will power Metacade’s development.

      One of the many underlying strengths of the MCADE token is the well-thought-out tokenomics. The coin offers holders excellent levels of utility, while the limited supply of 2 billion tokens is likely to push demand and the price of MCADE higher.

      Metacade: Driving GameFi innovation

      Another of the features that sets Metacade apart from its GameFi competitors is its ground-breaking Metagrants scheme which launches in Q3 2023. Aimed at incentivizing the creation of addictive new games exclusively for Metacade, developers can submit plans for new titles for consideration by the community’s members.

      Each MCADE token holder has voting rights to choose the titles that they want to see made, meaning that the most popular ideas are granted crypto funding to take their developments forward and turn them into reality. This level of community autonomy is just one part of the platform’s eventual transition to a fully-fledged DAO, by which time the MCADE community will be fully in control of the platform’s future development and governance.

      As well as driving Metacade to the forefront of the GameFi revolution, the wider Web3 industry will benefit from gaining access to the hottest new development talent that will bring their tried and tested innovative approach to development to external companies via the Work2Earn scheme.

      Is MCADE worth buying?

      While Deutsche Bank’s potential entry into the world of crypto is excellent cryptocurrency news to boost markets, Metacade continues to provide investors with a rare and golden opportunity to get involved with a brand-new game-changing project that offers excellent tokenomics, utility, and a huge community-led future.

      MCADE is currently trading at $0.0185 in final stage of its presale. As the event progresses, the price will rise to $0.02 when MCADE hits the exchanges. Demand is expected to surge at this point as the wider public jump on board the Metacade bandwagon, providing bullish investors with access to potentially enormous gains this year.

      You can participate in the Metacade presale here.

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        Deutsche Bank Exploring Crypto Partnerships While Metacade’s Presale Gains Traction