Radio Caca (RACA) is a Decentralized Autonomous Organization (DAO) that partners with top universities around the world to build a virtual world for students to learn and entertain. Its blockchain ecosystem, powered by its native token RACA, includes the United States of Mars (USM) Metaverse, an NFT marketplace, and a P2E game called Metamon. Cointelegraph spoke with the RACA team about its plans for user growth within the DeFi, NFT, and P2E gaming space.
At the time of publication, RACA ranks among the top 20 universe coins on CoinMarketCap with a market cap of $327 million. RACA is a token based on BNB Chain (formerly known as Binance Smart Chain), bridging Ethereum (ETH) and OEC, and is the governance token of the USM Metaverse.
Wolfgang Morton, head of investor relations at RACA, described the three-month-old USM metaverse as a 3D planet where users can own land, build houses, play mini-games and socialize. According to Morton, USM wants to remain accessible and inclusive compared to other metaverses like Decentraland or The Sandbox that have “high barriers to entry.”
"Our mission is to bring the Metaverse back to the people. We do that by keeping land prices low. We want to make sure USM allows people to participate through ownership."
To help build and grow their Metaverse, the RACA team has partnered with a dozen academic blockchain associations from some of the world's most prestigious universities, including Cambridge and Princeton. The Princeton Blockchain Association tweeted that the partnership provides "an opportunity to engage and showcase student talent."
USM #metaverse continues its rapid global expansion
The best universities in the world are partnering with us to transform real world events, #education, and promote #blockchain technology
join us. Together we build the future. #RACA #NFT @USMverse @JazChain
— RadioCaca (@RadioCacaNFT) February 23, 2022
According to Fuming, RACA’s director of business development, the company is offering blockchain societies free land and developers to build a sort of virtual campus on which students can attend lectures, ceremonies or spend virtual vacations. The idea is that the land will generate future cash flow benefits that can be used to fund blockchain education at these universities.
As online education becomes more standardized, the RACA team hopes that USM will be an environment where students learn about the technical aspects of blockchain early on and where they can “gather and share knowledge while contributing to the development of the Web3 space.”
Fuming added that in Turkey, where RACA is partnering with three universities, the Blockchain Association of Istanbul Technical University and Middle East Technical University plans to hold a blockchain course at USM next semester. The popularity of RACA in Turkey may be due to the influence of Turkish cryptocurrencies such as the Kripto Teknik team. At the time of writing, CoinGecko ranks RACA as the top five most popular cryptocurrencies in Turkey.
Likewise, Cointelegraph Brasil recently reported that the RACA token is a cryptocurrency that can be bought, after an InvestorsObserver analyst suggested a possible bullish move as the RACA token price dropped to $0.0016.
Additionally, Radio Caca is the exclusive manager of Maye Musk's (Elon Musk's mother) NFT collection and her collaboration with Koda Robot Dog.
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