Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
Backed by OKX Blockdream Ventures and Tachyon accelerator by Consensys Mesh, RACA is a web 3.0 infrastructure solution provider.
In July 2021, RACA released its first web 3.0 product, a collection of PFP (profile picture style NFTs) for Maye Musk (Elon’s mother).
RACA earned $142 million in revenue from NFT drops in 2021.
We launched the RACA NFT marketplace in September 2021. In less than 7 months, the total trading volume on the RACA NFT marketplace was more than 682 billion RACA by April 6, 2022. That is about $1.3 billion of trading volume based on the RACA price on April 6.
There is an NFT marketplace inside Metamon Island on BNB/ETH chains. The trading volume during March 2022 was 3 billion RACA, which is about $60 million. A total of 500,000 Metamon game-characters have been released and have battled about 1.2 billion times in the past 6 months (by April 6).
We have the largest 3D Metaverse on BNBChain/ETH, called the United States of Mars (USM), which was launched in December 2021. We gained registered wallet users of more than 30,000 within 30 days in March 2022.
RACA has more than 20 languages communities, 660K Twitter followers, 510K Telegram members, and 90K Discord members.
What is RACA?
RACA (RACA) stands out as a prominent player in the Web 3.0 landscape, recognized for its significant role in the Metaverse on the BNB Chain. As a cryptocurrency, RACA is integral to the Radio Caca ecosystem, serving as a token for the Crypto 'dApp Store' of AI Apps and Games, with ties to the 'Elon Musk's Mother & Koda NFT' community. The journey of RACA began with the release of profile picture NFTs for Maye Musk in July 2021, marking its entry into the NFT space. This venture generated $142 million in revenue from NFT drops that year.
The RACA NFT marketplace, launched in September 2021, quickly gained traction, achieving a trading volume of over 682 billion RACA by April 2022. Metamon Island, a part of the ecosystem, hosts an NFT marketplace on BNB/ETH chains, with significant trading activity. The United States of Mars (USM), RACA's expansive 3D Metaverse, launched in December 2021, further solidifies its presence, attracting over 30,000 registered wallet users within a month.
Backed by OKX Blockdream Ventures and Tachyon accelerator by Consensys Mesh, RACA continues to expand its influence, supported by a vast community across multiple platforms, including Twitter, Telegram, and Discord.
What is the technology behind RACA?
The technology behind RACA (RACA) is deeply rooted in the evolution of Web 3.0, a transformative phase of the internet that emphasizes decentralization, user empowerment, and enhanced digital interactions. At its core, RACA operates on blockchain technology, which is pivotal in ensuring security, transparency, and immutability. This blockchain foundation is crucial in preventing attacks from malicious actors, as it employs a decentralized network of nodes that validate and record transactions. Each transaction is encrypted and linked to the previous one, forming a chain that is nearly impossible to alter without consensus from the majority of the network participants.
RACA's focus extends beyond traditional cryptocurrency applications, delving into the realms of NFTs (Non-Fungible Tokens) and gaming. This is evident in its substantial $16 million investment from DWF Labs, aimed at bolstering its expanding ecosystem. The NFT marketplace launched by RACA in September 2021 showcases its commitment to digital collectibles, with impressive trading volumes that highlight its popularity and utility. The marketplace is integrated within Metamon Island, operating on both BNB and ETH chains, which facilitates seamless trading of game-related NFTs. This integration allows users to engage with over 500,000 Metamon game characters, which have participated in approximately 1.2 billion battles, illustrating the vibrant activity within the ecosystem.
The RACA USM Metaverse, known as the United States of Mars (USM), represents a significant leap in virtual reality experiences. Launched in December 2021, it stands as one of the largest 3D metaverses on the BNBChain and ETH networks. This expansive digital universe allows users to explore, interact, and create within a decentralized environment, attracting over 30,000 registered wallet users within just 30 days of its launch. The metaverse is not only a playground for digital exploration but also a hub for economic activity, where users can trade NFTs and engage in various virtual experiences.
RACA's technological prowess is further supported by strategic partnerships and backing from prominent entities such as OKX Blockdream Ventures and the Tachyon accelerator by Consensys Mesh. These collaborations provide RACA with the necessary resources and expertise to innovate and expand its offerings within the Web 3.0 landscape. The introduction of profile picture style NFTs for Maye Musk in July 2021 marked RACA's initial foray into the NFT space, generating significant revenue and setting the stage for future developments.
The blockchain's inherent security features are complemented by RACA's active community engagement across multiple platforms, including Twitter, Telegram, and Discord. With a diverse community spanning over 20 languages, RACA ensures that its technological advancements are accessible and inclusive, fostering a global network of users who contribute to its dynamic ecosystem. This community-driven approach not only enhances security through decentralized participation but also drives innovation as users actively engage with and shape the platform's evolution.
What are the real-world applications of RACA?
RACA, a cryptocurrency with the ticker RACA, is making strides in the digital world by offering a variety of real-world applications. As a utility token, RACA plays a significant role in the blockchain ecosystem, particularly within the realms of gaming and NFTs. One of its notable applications is in the gaming industry, where it introduces decentralized revenue models. This allows gamers and developers to engage in a more equitable distribution of profits, enhancing the gaming experience and fostering innovation.
The NFT marketplace is another area where RACA shines. Launched in September 2021, the RACA NFT marketplace quickly gained traction, achieving a trading volume of over 682 billion RACA within seven months. This platform enables users to buy, sell, and trade digital assets, offering a space for creators and collectors to interact and transact. The marketplace is integrated into Metamon Island, a virtual world on the BNB and ETH chains, where users can engage with game characters and participate in battles.
RACA's involvement in the metaverse is exemplified by the United States of Mars (USM), a 3D virtual world on the BNBChain and ETH. This expansive digital landscape allows users to explore, create, and interact in a decentralized environment, attracting a substantial user base shortly after its launch. The metaverse serves as a hub for social interaction, commerce, and entertainment, powered by RACA.
Additionally, RACA has formed partnerships with AI projects, contributing resources and expertise to advance technological developments. This collaboration highlights RACA's commitment to integrating cutting-edge technology into its offerings. Furthermore, RACA's implementation of NFTs with major brands demonstrates its versatility and potential for widespread adoption. Through these applications, RACA is carving out a niche in the ever-evolving digital landscape, offering users a multifaceted platform for innovation and engagement.
What key events have there been for RACA?
RACA, a cryptocurrency that has evolved into a comprehensive web3.0 gaming ecosystem, has made significant strides in the blockchain space. The journey began with the release of its first web 3.0 product in July 2021, a collection of profile picture style NFTs for Maye Musk. This marked the beginning of RACA's foray into NFTs, which would become a cornerstone of its ecosystem.
In September 2021, RACA launched its NFT marketplace, quickly becoming a hub for digital asset trading. By April 2022, the marketplace had achieved a trading volume of over 682 billion RACA, equivalent to approximately $1.3 billion at the time. This rapid growth underscored the marketplace's importance in the NFT sector.
December 2021 saw the launch of the United States of Mars (USM), RACA's expansive 3D metaverse on the BNBChain and Ethereum networks. Within 30 days, the USM attracted over 30,000 registered wallet users, highlighting its appeal and the growing interest in metaverse projects.
RACA's integration of NFTs extended into gaming with the Metamon Island, where an NFT marketplace operates on BNB and ETH chains. In March 2022, the trading volume on this platform reached 3 billion RACA, translating to about $60 million. The Metamon game itself saw the release of 500,000 game characters, which engaged in approximately 1.2 billion battles over six months, illustrating the vibrant activity within the ecosystem.
The cryptocurrency has also formed strategic partnerships to bolster its ecosystem. Collaborations with AI projects aim to enhance the DeFi landscape, while partnerships with companies like DWF Labs, OKX Blockdream Ventures, and Consensys Mesh have provided significant investments and support. These alliances have been pivotal in RACA's development as a web 3.0 infrastructure solution provider.
RACA's commitment to building a robust metaverse and integrating decentralized finance, NFTs, and play-to-earn gaming has been evident through its various initiatives. The native token, RACA, plays a crucial role in governance and virtual gameplay, further embedding itself within the ecosystem.
The community surrounding RACA is extensive, with more than 20 language communities and a substantial presence on social media platforms, including 660,000 Twitter followers, 510,000 Telegram members, and 90,000 Discord members. This widespread engagement reflects the project's global reach and the interest it has garnered in the blockchain community.
RACA's journey is marked by its innovative approach to web3.0, leveraging blockchain technology to create a dynamic and interactive digital environment. The integration of NFTs, gaming, and metaverse elements continues to drive its evolution, positioning RACA as a significant player in the cryptocurrency and blockchain space.
Who are the founders of RACA?
RACA (RACA), a prominent player in the web 3.0 infrastructure landscape, was founded in May 2021 by Jeff Watney, a Californian entrepreneur. Watney serves as the CEO and is recognized for his role in the creation of the French Family Membership NFT. Alongside him, rapper French Montana and Justin Sun are also associated with RACA's inception. The project has gained significant traction, backed by OKX Blockdream Ventures and Tachyon accelerator by Consensys Mesh. RACA's ventures include a successful NFT marketplace and the expansive United States of Mars (USM) Metaverse, reflecting its innovative approach in the blockchain space.
The live RACA price today is $0.000254 USD with a 24-hour trading volume of $13,677,944 USD. We update our RACA to USD price in real-time. RACA is down 3.21% in the last 24 hours. The current CoinMarketCap ranking is #477, with a live market cap of $104,178,707 USD. It has a circulating supply of 410,670,371,068 RACA coins and a max. supply of 500,000,000,000 RACA coins.