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Information
**RACA USM Metaverse**
Backed by OKX Blockdream Ventures and Tachyon accelerator by Consensys Mesh, RACA is a provider of web 3.0 infrastructure solutions.
In July 2021, RACA launched its first web 3.0 product, a collection of PFP (profile picture style NFTs) featuring Maye Musk (Elon's mother).
RACA generated $142 million in revenue from NFT drops in 2021.
The RACA NFT marketplace was launched in September 2021. Within 7 months, the total trading volume on the RACA NFT marketplace exceeded 682 billion RACA by April 6, 2022, equivalent to approximately $1.3 billion based on the RACA price on April 6.
There is an NFT marketplace within Metamon Island on BNB/ETH chains. The trading volume in March 2022 reached 3 billion RACA, equivalent to around $60 million. Over the past 6 months (by April 6), a total of 500,000 Metamon game characters have been released and have engaged in approximately 1.2 billion battles.
RACA has the largest 3D Metaverse on BNBChain/ETH, known as the United States of Mars (USM), which was launched in December 2021. In March 2022, RACA gained over 30,000 registered wallet users within 30 days.
RACA has more than 20 language communities, 660K Twitter followers, 510K Telegram members, and 90K Discord members.
Information
What is Radio Caca (RACA) Crypto?
Radio Caca is a Web 3.0 infrastructure solution provider that operates the RACA NFT Marketplace. RACA is also home to the United States of Mars (USM) 3D metaverse and popular blockchain game Metamon World.
Radio Caca (RACA) is a community-driven decentralized autonomous organization (DAO) and metaverse platform for game studios. The RACA project and DAO are backed by OKX Blockchain Ventures and the Tachyon accelerator by Consensys Mesh.
Radio Cacas USM Metaverse consists of several regions called states and can be used to conduct virtual events and build VR-based online worlds. RACAs Metamon World is a popular Play-to-Earn blockchain game featuring NFT characters called Metamons. The game features more than 500,000 unique Metamon NFTs, which can be hatched, collected, trained, and pitched in battle against other players NFT characters to earn exciting rewards.
The Radio Caca platform also supports the RACA NFT Marketplace. You can use this marketplace to buy or sell virtual pieces of land that make up the USM Metaverse. Also available for purchasing and trading on the NFT platform are RACA branded NFTs and digital collectibles. Till September 2022, the trading volume of the RACA NFT Marketplace has exceeded $1 billion since its launch.
RACA is the native token of the Radio Caca or RACA ecosystem. It is available as an ERC-20 token on Ethereum, a BEP-20 token on BNB Chain, and OKC. It pays for transactions within the USM Metaverse, Metamon game, and the RACA NFT Marketplace.
How Does Radio Caca Work?
Radio Caca offers Web3 infrastructure for the metaverse. It uses RACA as its governance token. $RACA also serves as the native token of the USM.World - the United States of Mars metaverse developed on the Radio cap platform.
RACA is governed by a DAO - a decentralized community of members that submit proposals and vote on others proposals on how the project evolves in the future. The DAO model ensures true democratization and decentralization of Radio Caca, allowing the project to grow based on the communitys interests.
The RACA community is responsible for the RACA ecosystems governance and oversees how the $RACA token is used and distributed within the platform. In addition, the DAO Is also responsible for engaging community members in fostering the growth of the Radio Caca ecosystem.
The Web 3.0 solutions provider boasts a community of developers, volunteers, and a fanbase. In addition, the project includes leading investment partners such as Tachyon accelerator, Consensys Mesh, OKC, and Protocol Labs.
History of Radio Caca and RACA Token
Radio Caca was launched in May 2021, when the RACA DAO first started. In October 2021, the developers behind the project launched the P2E game Metamon Island on the platform.
The same month, the RACA NFT Marketplace went live on the BNB Chain. In December 2021, the 3D metaverse United States of Mars (USM) was launched.
In April 2022, the Radio Caca team launched OpenPFP, an ETH-based NFT marketplace. As of September 2022, upcoming releases from the RACA team include the launch of a 2D metaverse integrated with the Metamon Island P2E game. Another key focus area for the developers is rolling out cross-integration between the USM Metaverse and the OpenPFP NFT Marketplace.
Answers
Is Radio Caca (RACA) a Good Investment?
Radio Caca is a provider of Web 3 solutions that drive the GameFi and metaverse movements. Being involved in two of the most promising areas of the crypto industry, it is worth considering as an investment for portfolio expansion.
The Radio Caca price could experience an increase due to the growing adoption of its ecosystem by game studios, developers, and end users on the USM.World metaverse, RACA NFT Marketplace, and games like Metamon Island. Additionally, higher staking activity for the $RACA token can contribute to strengthening its price in the market.
What is the RadioCaca Price Prediction?
While it is impossible to offer an accurate price prediction for Radio Caca over any duration, a few factors could potentially drive a price change in $RACA:
Level of Adoption of Radio Caca Ecosystem
A higher level of activity on the RACA platform among developers, dApps, and end users could increase the value of the Radio Caca token and push it to test its all-time high. Conversely, a reduction in platform usage could weaken the token's price and market capitalization.
Staking Activity
Increased interest in staking $RACA can cause the Radio Caca price and its fully diluted valuation to rise. The token becomes more valuable as more users buy, hold, and stake their $RACA tokens. Conversely, a decline in staking activity could weaken interest in the token and lead to a decrease in its price and market cap.
Crypto Market Sentiment
Market sentiment is a significant driver of price action in the crypto market. A risk-on sentiment encourages buying activity in digital assets and could potentially increase investor interest in the Radio Caca token, driving up its price. Conversely, a bearish sentiment or a risk-averse mood in the global financial markets could lead to a sell-off in crypto assets, resulting in a downtrend in the price of Radio Caca.
What is RACA Token Used For?
RACA is the native cryptocurrency of the Radio Caca ecosystem and has several uses, including:
Governance Token
It functions as the governance token of the RACA DAO. $RACA holders can submit proposals and cast votes on other proposals that dictate the future evolution of the Radio Caca project.
Utility Token
$RACA serves as the utility token within the USM metaverse, Metamon Island game, and RACA NFT Marketplace. It is used to purchase NFTs on these platforms and is the native currency for buying and selling virtual land in the metaverse and in-game assets like Metamons.
Staking Token
RACA holders can stake their tokens and earn attractive returns. This contributes to increasing the security and resilience of the Radio Caca ecosystem while generating a stream of passive income.
Crypto Asset to Trade and HODL
You can trade Radio Caca on supported exchanges, including BYDFi, to profit from market movements. Buy or sell RACA against other crypto assets or invest in it for the long term if you believe in the future potential of the Radio Caca project. Make sure to check the live Radio Caca price, RACA live market cap, circulating supply, 24-hour trading volume, and the latest crypto news before trading RACA.
How to Play Metamon Island on Radio Caca
Metamon Island is a leading play-to-earn game in the RACA ecosystem. Here's how you can play and earn rewards:
1. Visit the Metamon tab on the Radio Caca website and click on Play Now to open the game's app.
2. Select your network and connect your wallet to get started.
3. Visit the marketplace to purchase a Metamon NFT or an egg that will hatch a new Metamon for you to start playing the game. You will need sufficient funds in RACA to buy Metamon NFTs.
4. Ensure you have enough funds to start playing the game. A minimum balance of 60 u-RACA, the game's native currency, is required to enter a Battlefield.
5. Earn rewards when you win matches at each level, with higher rewards offered as you level up.
How to Stake RadioCaca
Staking is a great way to earn passive income while contributing to the overall growth and development of the Radio Caca project. Follow these steps to stake $RACA:
1. Visit the Raca Farms page on the Radio Caca website.
2. Connect your wallet to access all the information on this page. Ensure you have sufficient funds by purchasing $RACA on BYDFi or other supported platforms and transferring the funds to your wallet.
3. Select the chain from the top right section of the page to see active staking farms on BNB, ETH, and OKC networks.
4. Choose an option from the list after reviewing the lock-in period and rewards offered.
5. Click on Details and enter the number of RACA tokens you wish to stake.
6. Click on Approve to process the transaction and lock up your staked $RACA in the farm.
7. Sit back and earn rewards for staking $RACA.
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