BNB
by BSC News
April 6, 2023
Strategic investors in RACA include DWF Labs, a Malaysian gaming guild and Hong Kong AI company.
The expanding Web3 gaming ecosystem from RACA has gotten a major boost in the form of $30 million in new funding from DWF Labs and other investors.
Reportedly, the majority of the strategic investment is coming from DWF Labs, which has committed $16 million. Other investors include a Malaysian gaming guild, a Hong Kong Exchange-listed AI company, and more, according to a tweet from RACA.
Components of the RACA DAO ecosystem include the Metamon Non-Fungible Token (NFT) GameFi platform, USM Metaverse, JAZ DID gaming infrastructure and social game Looki Looki Jazzi.
According to RACA, upcoming games include:
RACA, formerly known as Radio Caca, is a decentralized autonomous organization (DAO) that aims to build a new virtual world and the infrastructure around it. One of its projects, the United States of Mars (USM) metaverse, is a three-dimensional planet where users can own land, build homes, and play games. RACA is the native token for the Universal Metaverse. USM Lab is the creator of the Universal Metaverse(USM) and the P2E blockchain game Metamon. The USM is a 3D Planet virtual world where users can socialize, own lands, build buildings such as stores and art galleries, and create and play games.
For more information about Radio Caca, see these links:
Related News
Latest News
April 27, 2024
Weekly Article Recap: 4/22-4/26
April 26, 2024
Terraform Labs to Restrict Access for US Users Amid SEC Legal Battle
April 26, 2024
Can Chinese Investors Buy Hong Kong's New BTC and ETH ETFs?
April 26, 2024
World's largest Asset Custodian Bank, BNY Mellon Holds Bitcoin ETFs: Report
April 26, 2024
SEC Files $5.6M Lawsuit Against Geosyn Bitcoin Miner For Fraud
April 25, 2024
Nigeria Appoints Pro-Crypto Leader to Head SEC
April 25, 2024
BNB Chain Shows Strong Growth in Q1, 2024 Report: Key Details
April 25, 2024
Ethereum Spot ETFs Is Likely to Face SEC Denial in May: Reports
More News