RACA
Crypto Overview
Understanding Intended Utility
Radio Caca (RACA) is a decentralized organization that operates as the exclusive manager of Maye Musk Mystery Box NFT and serves as the governance token for the Universal Metaverse (USM). The project aims to build a universal metaverse ecosystem that includes gaming, NFTs, and virtual real estate.
Platform Features and Utility
The RACA token serves multiple purposes within its ecosystem: Governance rights for USM Metaverse decisions, In-game currency for metaverse activities, NFT marketplace transactions, and Staking for platform rewards.
Actual Implementation and Usage
The platform has demonstrated actual utility through: Active NFT marketplace operations, Functional metaverse environment with regular user activity, Integration with multiple blockchain gaming projects, Partnerships with various blockchain projects and traditional businesses.
Token Distribution and Governance
The token distribution shows a structured allocation with vesting periods for team and advisor tokens. The project maintains transparency in its operations and development progress through regular community updates and technical documentation.
Development Activity
The project shows consistent development activity with regular updates to its platform and ecosystem components. The team maintains active GitHub repositories and provides detailed technical documentation.
Revenue Model
The platform generates revenue through NFT sales, marketplace fees, and metaverse asset transactions. These revenue streams do not involve interest-based mechanisms or gambling activities.
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.