What is Radio Caca ? Radio Caca simply Explained In 3 Minutes.
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Radio Caca is a relatively new decentralized organization which has already garnered massive support from investors and crypto enthusiasts worldwide. Radio Caca is a web 3.0 infrastructure solution provider which is backed by OKX Blockdream Ventures. The project is operated by internet-native individuals all over the globe who share a single vision of building a virtual world of the future. The Radio Caca encompasses numerous domains of the crypto industry.
The native token is RACA Coin. RACA is deployed on Ethereum, Solana, OKExChain, and BNB Chain. RacaArmy is the official fandom of the project, which counts thousands of people who use the Radio Caca platform and participate in many initiatives of the project.
One of the most notable projects of Radio Caca was its first web 3.0 product, a collection of (profile picture style NFTs) for Maye Musk (the mother of Elon Musk). The total supply of Maye Musk’s NFTs is 6000. Radio Caca has its own NFT marketplace, and in 2021, Radio Caca earned $142 million in revenue from NFT drops. The trading volume of the marketplace surpassed $2 billion from August 2021 to Jan 2022, with tens of thousands of daily users.
The United States of Mars (or USM), a 3D metaverse created by Radio Caca in 2021. The team of Radio Caca developers supports PFP teams in integrating their digital assets into USM so the PFP creators can focus on scaling and building for their communities. RACA can be utilized by users of the metaverse to farm land, rare resources, and other NFTs. Essentially, RACA acts as the governance token of the USM Metaverse. Due to the fact that RACA is the native BEP-20 governance token, builders can stake RACA to build, earn extra land and rare resources.
The team of Radio Caca believes that the existing Ethereum Layer 2 solutions cannot fully meet the throughput requirements of large-scale decentralized applications. Therefore, one of the long-term goals of the project is to launch a public blockchain called USM Public Chain. The chain will have interoperability with other public networks, including Ethereum.
At the same time, Radio Caca is going to formulate a Global Developer Plan encouraging developers to create alternative scaling solutions to Ethereum 2.0. So, if Ethereum 2.0 continues to be postponed, Radio Caca will keep developing the USM Chain. Radio Caca aims to build a technology-agnostic solution which is ready to adapt to real scalability breakthroughs.
Radio Caca is a versatile platform that has many use cases. Therefore, the RACA token can be used by its holders to access different types of services and products of Radio Caca. RACA owners can purchase NFTs, stake their coins to participate in the economy of the United States of Mars metaverse, and engage in many other activities.
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