MetalCore (MCG) Metrics
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MetalCore (MCG)
What is MetalCore?
MetalCore (MCG) is a blockchain-based gaming project launched in 2022, designed to combine elements of gaming with decentralized finance (DeFi) and non-fungible tokens (NFTs). The project aims to create an immersive gaming experience where players can engage in battles, explore virtual worlds, and earn rewards through gameplay. MetalCore operates on the Ethereum blockchain, utilizing smart contracts to facilitate in-game transactions and interactions. Its native token, MCG, serves multiple purposes within the ecosystem, including governance, staking, and as a medium for in-game purchases and rewards. What sets MetalCore apart is its focus on integrating traditional gaming mechanics with blockchain technology, allowing players to truly own their in-game assets and participate in a decentralized economy. This unique approach positions MetalCore as a significant player in the evolving landscape of blockchain gaming, appealing to both gamers and crypto enthusiasts alike.
When and how did MetalCore start?
MetalCore originated in March 2021 when the founding team released its whitepaper, outlining the project's vision and technical framework. The project aimed to create a unique gaming experience that integrates blockchain technology with traditional gaming elements. Following the whitepaper release, MetalCore launched its testnet in September 2021, allowing early users to engage with the platform and provide feedback. The mainnet was subsequently launched in December 2022, marking a significant milestone in the project's development and making the platform fully operational for users. Initial distribution of the MetalCore token occurred through a token sale in early 2022, which helped fund the project's development and establish a community of early adopters. These foundational steps set the stage for MetalCore's growth and the expansion of its ecosystem within the gaming and blockchain sectors.
What’s coming up for MetalCore?
According to official updates, MetalCore is preparing for the launch of its beta version, which is scheduled for Q1 2024. This release will focus on enhancing user experience and gameplay mechanics within the MetalCore ecosystem. Additionally, the team is working on integrating new features that will expand the game's functionality and improve overall performance. Further initiatives include partnerships with various gaming and blockchain projects aimed at enriching the MetalCore universe and fostering community engagement. These milestones are designed to enhance the platform's scalability and user interaction, with progress being tracked through their official roadmap and community updates.
What makes MetalCore stand out?
MetalCore distinguishes itself through its unique blend of blockchain technology and gaming mechanics, specifically designed for the play-to-earn ecosystem. Built on a Layer 1 blockchain, MetalCore offers a robust infrastructure that supports high transaction throughput and low latency, essential for real-time gaming experiences. Its architecture incorporates innovative features such as decentralized governance, allowing players to have a say in the development and direction of the game. The project emphasizes interoperability, enabling seamless interactions with other blockchain networks and enhancing the user experience. MetalCore's ecosystem is enriched by strategic partnerships with gaming studios and technology providers, fostering a diverse range of tools and resources for developers. This collaborative approach not only accelerates the growth of the platform but also enhances its appeal to a broader audience. Furthermore, MetalCore integrates unique economic models that reward players for their participation, creating a sustainable environment for both gamers and developers. This combination of advanced technology, community-driven governance, and a focus on user engagement positions MetalCore as a distinct player in the evolving landscape of blockchain gaming.
What can you do with MetalCore?
The MetalCore (MCG) token serves multiple practical utilities within its ecosystem. Primarily, MCG is utilized for transaction fees, enabling users to send value and interact with various applications built on the MetalCore platform. Holders have the opportunity to stake their tokens, contributing to network security while potentially earning rewards. Additionally, MCG holders may participate in governance voting, allowing them to influence decisions regarding the development and direction of the MetalCore ecosystem. For developers, MetalCore provides tools for building decentralized applications (dApps) and integrations, fostering innovation within the platform. The ecosystem supports various wallets that facilitate the storage and management of MCG tokens, as well as bridges that enhance interoperability with other blockchain networks. Furthermore, users can engage in activities such as trading, participating in community events, and accessing exclusive features or rewards tied to their MCG holdings. Overall, MetalCore offers a comprehensive set of functionalities that cater to users, holders, and developers alike.
Is MetalCore still active or relevant?
MetalCore remains active through a series of recent updates and community engagements. As of September 2023, the project announced a significant upgrade focused on enhancing gameplay mechanics and user experience within its ecosystem. Development efforts are currently centered around refining the game's features and expanding its virtual environments. The project maintains a presence on various trading platforms, indicating ongoing market activity and interest. Additionally, MetalCore has been actively engaging with its community through social media channels, fostering discussions and feedback that help shape future developments. Recent partnerships with gaming and blockchain entities further bolster its relevance, showcasing MetalCore's commitment to integrating with broader ecosystems. These indicators support its continued significance within the gaming and blockchain sectors, as it adapts to the evolving landscape and user expectations.
Who is MetalCore designed for?
MetalCore is designed for gamers and developers, enabling them to engage in a unique gaming experience that integrates blockchain technology. It provides tools and resources, including SDKs and APIs, to support the development of immersive gaming environments and facilitate user interactions within the game. Primary users, such as gamers, benefit from the ability to own in-game assets, participate in play-to-earn mechanics, and engage in a community-driven ecosystem. Developers are empowered to create and deploy their own games or features within the MetalCore universe, leveraging the platform's infrastructure. Secondary participants, including validators and creators, engage through staking and governance mechanisms, contributing to the network's security and decision-making processes. This collaborative approach fosters a vibrant ecosystem where all participants can thrive, aligning their goals with the broader mission of MetalCore to revolutionize the gaming landscape through blockchain integration.
How is MetalCore secured?
MetalCore employs a proof-of-stake (PoS) consensus mechanism, where validators are responsible for confirming transactions and maintaining the integrity of the network. This model allows participants to stake their tokens, which not only secures the network but also aligns their incentives with the overall health of the ecosystem. Validators are selected to create new blocks based on the amount of cryptocurrency they hold and are willing to "stake" as collateral. The protocol utilizes advanced cryptographic techniques, including elliptic curve digital signature algorithm (ECDSA), to ensure secure authentication and data integrity. This cryptography safeguards transactions against unauthorized alterations and ensures that only legitimate participants can validate transactions. Incentives for validators include staking rewards, which are distributed for their participation in the network, while penalties, or slashing, are imposed for malicious behavior or failure to validate transactions correctly. This dual mechanism of rewards and penalties helps maintain a secure and trustworthy environment. Additional security measures include regular audits and a robust governance framework, which allows the community to propose and implement changes, further enhancing the network's resilience against potential threats.
Has MetalCore faced any controversy or risks?
MetalCore has faced some risks primarily related to the technical aspects of its blockchain infrastructure. In early 2023, the project encountered a security vulnerability that raised concerns about potential exploits. The team promptly addressed this issue by implementing a patch to secure the affected components of the platform. They also conducted a thorough audit to ensure that similar vulnerabilities would not arise in the future. Additionally, MetalCore has navigated the regulatory landscape, which poses ongoing risks for many blockchain projects. The team has been proactive in maintaining compliance with evolving regulations, which includes regular updates to their governance framework and community engagement to ensure transparency. As with most blockchain projects, ongoing risks include market volatility and potential technical challenges. MetalCore mitigates these risks through continuous development practices, regular security audits, and an open communication strategy with its community to foster trust and transparency.
MetalCore (MCG) FAQ – Key Metrics & Market Insights
Where can I buy MetalCore (MCG)?
MetalCore (MCG) is widely available on centralized cryptocurrency exchanges. The most active platform is Meteora, where the MCG/USDC trading pair recorded a 24-hour volume of over $0.004277.
What's the current daily trading volume of MetalCore?
As of the last 24 hours, MetalCore's trading volume stands at $0.004277 .
What's MetalCore's price range history?
All-Time High (ATH): $0.009449
All-Time Low (ATL): $0.00000000
MetalCore is currently trading ~99.73% below its ATH
.
How is MetalCore performing compared to the broader crypto market?
Over the past 7 days, MetalCore has gained 0.00%, outperforming the overall crypto market which posted a 1.68% decline. This indicates strong performance in MCG's price action relative to the broader market momentum.
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.
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MetalCore Basics
| Website | portal.metalcore.gg metalcore.gg |
|---|---|
| Wallet | Coins Mobile App |
| Asset type | Token |
|---|---|
| Contract Address |
| Explorers (2) | etherscan.io solscan.io |
|---|
| Tags |
|
|---|
| Forum | instagram.com metalcore.gg tiktok.com |
|---|---|
| reddit.com |
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MetalCore Exchanges
MetalCore Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Other coins worth interest - similar to MetalCore
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $78 520 386 654 | $1.000037 | $16 543 265 641 | 78,517,453,465 | |||
| 9 | Lido Staked Ether STETH | $23 046 354 196 | $2 353.01 | $7 855 424 | 9,794,399 | |||
| 12 | Wrapped Liquid Staked Ether 2.0 WSTETH | $10 324 541 972 | $2 903.63 | $23 321 862 | 3,555,731 | |||
| 13 | Wrapped Bitcoin WBTC | $9 965 579 859 | $75 969.90 | $246 374 521 | 131,178 | |||
| 17 | WETH WETH | $8 875 684 207 | $2 356.86 | $542 911 046 | 3,765,896 |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
MetalCore


