RACA (Radio Caca)
Metaverse as web3 infrastructure
I. Project Introduction
RACA token is the governance token of Radio Caca.
Radio Caca is a web 3.0 infrastructure solution provider. In July 2021, Radio Caca released its first web 3.0 product, a collection of PFP (profile picture style NFTs) for Maye Musk (Elon’s mother).
Radio Caca’s products always start with our community. We listen to their needs and build products that they love. We launched the blockbuster blockchain mini-game Metamon Island on BSC/ETH chains in October 2021 which now averages over 40,000 DAUs.
We took it to the next level by launching the United States of Mars (USM) in December 2021, our first in class and largest 3D Metaverse on BSC. Built on the unity game engine and developed by world class engineers, the Radio Caca team is able to develop features quickly and to spec for our community.
These two stellar products make up our newest infrastructure offering called the Radio Caca Metaverse Suite (RMS). A quick plug and play solution for PFP projects to onboard their collections into Metamon Island and the USM Metaverse. Our developers are there every step of the way to support PFP teams in integrating their assets into our 2D and 3D experiences. This allows PFP teams to leverage our infrastructure and experience to develop mini-games and give them a key to enter the Metaverse. This way they can focus on what’s important, scaling and building their communities.
Our support for PFPs and NFTs does not stop there though. We are releasing a massive Ethereum NFT Marketplace called OpenPFP on March 28, 2022. This will allow tight integration with the USM Metaverse which will introduce 100 out of the box galleries for PFP/NFT projects, artists, NFT collectors and DAO communities to display art and host community parties when OpenPFP launches.
We have plans to expand Metamon Island to become a more expansive world for our users outside of the battle royale arena. Metamon Island will be expanded into a 2D Metaverse where PFP NFT can come to life as avatars and pets and explore a new world filled with 2D PFP games. Taking inspiration from WorldWide Webb, Metamon Island will enter the 2D Metaverse.
Radio Caca earned $142 million in revenue from NFT drops in 2021.
The trading volume of Radio Caca's NFT marketplace surpassed $2 billion from August 2021 to Jan 2022 with more than 70,000 daily active users.
Radio Caca has a strong and growing community with more than 580K Twitter followers, 300K Telegram members, and 68K Discord members.
II. Token Information
1) Basic Information
Token name: RACA (Radio Caca)
Total supply: 431,418,233,271
Tokens in Circulation: 301,147,397,160
2) Token Distribution and Token Release Schedule:
|Party||% of the total||Token Release Schedule|
|Product & Ecosystem development fund||6.00%||0x9e8451158086ba066d93c11d8d4b6e1969bcbc8d (BNB Chain)|
Release by demands, for marketing, operation and development.
|Team & Advisors||10.00%||(1) 0x940716f2ff21ac70b454b9b0f418c02c7214d496 (ETH)|
For team. Start to vest in June 2022 with 36 months vesting schedule.
(2) 0x4085210a401ddc5e8e7d32cfda410078f4f34143 (ETH)
For eco partners. Start to vest in June 2023 with 24 months schedule.
|Future Investors||8.00%||(1) 0x612e23b85c9c666a200755893c332f60db78e067 (ETH)|
For future investors. Release in June 2024.
(2) 0x372b581804a3492f9d28affae2b496a29d69b632 (ETH)
For future investors. Release in June 2024.
|Burn||10.00%||At RACA V2's genesis, burned 50 billion RACA from the liquidity pool. The corresponding funds were used to buyback RACA from the public market.|
|Token liquidity||64.00%||At RACA V2's genesis, after the above burning, there were 320 billion RACA are held by public investors or left in the liquidity pool. So we count both into this part.|
|Staking payouts||2.00%||0xd2a8ae381f40d71a64ff20faa664efd6e86748e9 (BNB Chain)|
For BMM(NFT) holders to farm. Release linearly in one year from Sept. 2021.
III. Related Links
Official Website: https://radiocaca.com
Blockchain explorer Links:
Whitepaper Link: https://www.radiocaca.com/#/whitepaper
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Huobi does not take responsibility for any resulting direct or indirect losses.
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