RACA

Halal Rating :
Comfortable
Last Price $0.00018 Last updated:
Rank 554
1D Change -5.39 %
Market Cap $72.95m
Circulating supply 410,670,371,068
Maximum supply 500,000,000,000

Crypto Overview

Categories
  • Collectibles & NFTs
  • Gaming
  • Metaverse
  • Play To Earn
  • MVB
  • BNB Chain

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.

Rating Justification

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