RACA
Crypto Overview
Purpose and Utility
Radio Caca (RACA) is the native token of the Universal Metaverse (USM) ecosystem. It serves multiple functions including governance, in-game currency, and NFT marketplace transactions within the USM metaverse platform.
Business Model Analysis
The project focuses on creating a metaverse gaming ecosystem where users can own virtual land, trade NFTs, and participate in various virtual activities. The business model appears transparent and does not inherently involve prohibited activities like gambling or interest-based lending.
Real-World Adoption
RACA has established partnerships with various gaming and metaverse projects. The platform maintains active development and user engagement in their metaverse ecosystem, particularly in NFT trading and virtual land sales.
Token Distribution and Governance
The token distribution includes allocations for ecosystem development, team members, and community rewards. There are vesting schedules in place for team tokens to prevent immediate dumping.
Technology and Development
The project maintains regular development updates and has a functioning metaverse platform. The team continues to expand features and functionality within their ecosystem.
Crypto Impact
To assign a comfort level investing in RACA from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to RACA.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.