Metacade
MCADE
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Metacade (MCADE) is an on-chain gaming platform token spanning Ethereum and Base. While the project benefits from verified smart contract audits by CertiK (Skynet score of 87.31 AA, confirming no honeypot, mintable, or tax mechanisms) and a partially public leadership team led by CEO Russell Bennett, its fundamentals across all other operational dimensions are critically weak. Active engineering output is near non-existent, with negligible GitHub commit activity or transparent roadmaps. On-chain volume and community participation have collapsed following a steep, unrecovered price decline exceeding 94% year-over-year. Tokenomics suffer from significant holder concentration—with top holders controlling over 53% of non-exchange/non-locked supply—and missing vesting transparency. Market capitalization remains micro-tier ($1.3M–$2.0M) alongside thin liquidity in a crowded GameFi sector. No qualifying security exploits, regulatory enforcement actions, or fraudulent mechanisms were identified. Based on the weighted aggregation of all evaluated sections, MCADE scores 3.3/10.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Metacade (MCADE)
Metacade (MCADE) is an on-chain gaming platform and play-to-earn hub deployed across the Ethereum and Base blockchain networks. The project operates an official platform and launchpad aimed at blockchain gaming, with the MCADE token intended for multiple platform utilities including in-game transactions, staking, platform activity burn mechanisms, and community governance.
The token features a capped maximum supply of 2,000,000,000 MCADE, with an audited smart contract footprint verified by CertiK. The security assessment verified that the token contract contains no minting functions, zero transaction taxes, and no honeypot or blacklisting functions. The project's leadership is partially public, led by Chief Executive Officer Russell Bennett alongside a pseudonymous development lead known as Quix.
Despite maintaining an operational platform and audited contracts, the project faces notable operational and market risks. MCADE has experienced a severe, unrecovered price decline exceeding 94% over a one-year period, resulting in a depressed market capitalization and low daily trading liquidity. Additionally, the project exhibits a high degree of supply concentration, minimal ongoing verifiable development activity on its public repositories, and an absence of formal governance activity or published vesting schedules.
