It’s expected that the metaverse will revolutionise the gaming industry as we know it. As this happens, many metaverse business opportunities will begin to present themselves, and now is the time for companies to start thinking about how to position themselves in the exploding gaming sector.
One project tipped to play a pivotal role in the future of metaverse gaming is Metacade. In this article, we’ll be exploring what novel metaverse business opportunities Metacade could create and why you should start looking into it as a serious option for the future.
Why Invest in the Metaverse?
Before we can start examining why you should consider investing in Metacade, we need to explain why the metaverse is worth investing into in the first place. The metaverse is expected to grow from a $100 billion industry in 2022 to be worth a massive $1.52 trillion by 2029, with a compounded annual growth rate (CAGR) of 47.6% during this period, according to Fortune Business Insights.
Big companies like Facebook, Google, Microsoft, Nike, and Epic Games are charging into the metaverse, placing big bets on metaverse business opportunities becoming exceptionally lucrative in years to come. This is in part because the metaverse has great potential to enable new dynamics, where users can experience social interactions unavailable to them in their daily lives.
As the culture surrounding the metaverse develops, a variety of new sales channels are also becoming apparent. Companies are looking to use them to better focus on boosting reach, brand awareness, and ultimately increase their revenue. It enables an entirely new kind of product class to be created and sold: digital products which derive their value from community.
What is Metacade?
So, where does Metacade fit into all of this? The platform is developing a Web3 community that’s designed to be the number one hub for everything metaverse and gaming related. Metacade plans for its platform to be the place where crypto fanatics, Web3 enthusiasts, and game developers meet to share ideas with one goal in mind: to create a community that adds value and direction to the future of gaming.
Plans for community-developed Play2Earn titles and a reward system that incentivises users to contribute to their community hub will likely attract plenty of users to the Metacade platform. When combined with Metacade’s intention to give its users everything they need to succeed and earn in the revolutionised gaming landscape, Metacade offers some fantastic metaverse business opportunities.
What Metaverse Business Opportunities Does Metacade Present?
Virtual Events Boost Awareness
Metacade plans to host virtual events on land it intends to purchase in existing metaverses like The Sandbox and Decentraland and on its platform. These will likely look like meetups, competitions, and even seminars from GameFi’s most established influencers. As Metacade’s community grows as envisioned, its virtual events could make for incredibly lucrative targeted sponsorship campaigns that boost customer brand’s visibility.
Target Consumers Through Influencer Marketing
As a product of Metacade’s expected growth, we’ll likely see the rise of Metacade influencers. Influencer marketing is an excellent way for companies to advertise through figures that the public knows, increasing trust and preference for a particular brand. Provided the community grows enough, Metacade’s influencers could be one of the best ways to target Web3 consumers with the latest games and accessories.
Synchronise Your Strategy With the GameFi Community
Companies have often used Reddit to find out exactly what consumers think and what direction the public’s tastes are heading in. Like Reddit, Metacade will allow companies to find the pulse of the GameFi market by accessing its open community hub. Gamers can share their thoughts in reviews, vote for their favorite games, and communicate in real-time.
A savvy developer might scour the Metacade review system to find what issues plague current Play2Earn titles, check out what players love about the most successful games, then ask users for their opinions. As you might be able to tell, this could represent an incredible metaverse business opportunity from the direct interactions between end-user and developer.
Develop, Test, and Launch Games With Metacade
One of Metacade’s most exciting features is the ability to test and launch your games with the community by your side at every step. Metacade plans to offer a testing environment and launchpad, which gives developers an edge over other studios relying on traditional launch methods.
For example, the increasing detachment from the community and focus on profit has led to disastrous launches of games like Battlefield 2042 and No Man’s Sky. When you have a dedicated, enthusiastic testing community giving you real-time feedback on bugs and features, your chances of creating a successful game skyrocket.
Could Metacade Open Up a Whole New World of Metaverse Business Opportunities?
Many of the aspects above rely on Metacade’s ability to grow its community to a sufficient level, and time will tell if the platform can live up to all of its potential metaverse business opportunities. However, if Metacade can pull off even only a few of them successfully, then it could see itself become an incredible investment in the years to come.
You can participate in the Metacade pre-sale here.
The post New Emerging Business Opportunities in the Metaverse – A Focus on Metacade appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.
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Author: Alice Davies
