What Is Radio Caca (RACA)?
Radio Caca is a DAO (decentralized organization) run by a community united to create a new virtual world and improve its visibility to a broader scale. Radio Caca offers play-to-earn games, and users can also mintNFTs (non-fungible tokens) on the platform. Radio Caca is also the manager of Maye Musk Mystery Box (MPB) NFT. Besides this, Radio Caca is regarded as a gateway that serves as a link between its users and various trading places for NFTs. The platform's primary premise and design philosophy are to empower and enable users to play to earn.
The native token of Radio Caca is RACA. RACA can be used to make purchases on the platform and is also the native token for play-to-earn games like Metamon and Universal Metaverse. Being a medium of exchange, RACA also has value outside of the space and can be exchanged for other cryptocurrencies. Apart from this, RACA is available on three blockchains: Ethereum (ETH), Binance Smart Chain (BSC), and OEC.
Furthermore, Radio Caca serves as a DeFi (decentralized finance) provider and a GameFi solution in the USM (United States of Mars) Metaverse. The USM is a virtual 3D planet of numerous "states" or regions. Each state has distinct qualities waiting to be discovered and is made up of numerous geographical pieces. Land is the most significant and precious resource in the USM. Land parcels are issued as NFTs that can be exchanged. Some Land NFTs are Doge State Land (MML), Bake State Land (BMM), etc. NFTs can be traded within USM or transferred to blockchains, allowing ownership to be traded on decentralized marketplaces. Digital estate, like real estate, appreciates as economic/commercial activity on the land expands.
All participants can contribute to the building of the USM Metaverse. Everyone can design their buildings, avatars, vehicles, paintings, and sculptures in the Metaverse. In the USM Metaverse, physical laws do not apply, and concerts and wedding ceremonies, for example, are entirely customizable. The backbone of commerce in USM is technologies that enforce agreement conditions between individuals and organizations. A comprehensive set of tools is available in the USM to assist communities in managing and governing their organizations. Also, smart contracts are created and managed by and for communities.
As the website states, a minigame named Metamon has been integrated with the USM Metaverse of Radio Caca. Metamon is built with a play-to-earn model on the Binance Smart Chain. In the gameplay of Metamon, Metamon is the protagonist, and users need to collect more and more Metamons. Users can also control these Metamons. Almost all in-game items, including Metamon, are NFTs. These NFTs are entirely owned by the users, who can list, gift, or trade them on any NFT marketplace.
History of Radio Caca (RACA)
The NFT marketplace of the platform was launched in September 2021. Additionally, Metamon was launched in October 2021, and the USM game was launched in December 2021.
How Are New RACA Tokens Earned?
As Radio Caca has multiple play-to-earn games like Metamon and USM, users can earn RACA and NFTs through playing these games. On the other hand, RACA and NFTs can also be staked to earn more NFTs. RACA holders and NFT holders can store their assets on DeFi platforms to get incentives.
How Many RACA Tokens Are There?
The total supply of RACA on ETH is 148,471,497,874.35, on BSC is 274,623,991,209.65, and on OEC is 8,680,011,000.00.
