Friday, October 3

MetaPocket, one of the leading GameFi wallets, has teamed up with Salad Ventures-backed Arcaden to tame the bear market.

Despite the recent GameFi value crash, millions of tokens are still being held by people around the world, with nowhere to spend while odds- based crypto games are still growing strong. In response to the market trend, MetaPocket has entered into strategic partnership with Arcaden, a perfectly placed solution for this current market.

What makes Arcaden stand out in the current scenario? Arcaden is a new Web3 utility arcade based on blockchain game tokens, where players are guaranteed to win a prize after they play a mini game.

Arcaden will be the go-to platform where all popular GameFi tokens are accepted and exchanged for credits. Players accumulate tickets by playing on Arcaden, and these tickets are used to redeem prizes such as NFT assets, collectibles and more. These NFT prizes include sponsored prizes from top GameFi brands, and users can collect multiple prizes to unlock a whitelist opportunity and obtain upcoming NFT collections.

In joining up with Arcaden to bring it to the market, MetaPocket has also been appointed as the Preferred Whitelist Partner where its users will be able to participate in Arcaden’s offerings as well.

With strong use cases and demand for the product, both MetaPocket and Arcaden are confident that it will be widely adopted within the blockchain and GameFi community.

James McKennie, CEO of Metapocket, said:

“We are so proud and excited to be appointed as the Preferred Whitelist Partner for Arcaden. We choose to work with Arcaden as it has a brilliant team, terrific idea and comes with the strong backing of experienced investors and advisors.”

Arcaden is backed by play-to-earn think-tank Salad Ventures.

Salad Ventures earlier this year raised $13.5 million in a private sale round to build GuildOS, Salad’s upcoming operating system for managing a play-to-earn guild.

Read Also: Game Studio Mighty Bear Raises $10M to Build Immersive AAA Web3 Games

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R Shah is a journalist and writer based out of Delhi, India. She is an Economics graduate from Delhi University. She can be reached at R.Shah@alexablockchain.com.

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