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News

RACA Raised $16 Million From DWF Labs To Create The Web3 Game Ecosystem

April 6, 2023 - Around 2 mins mins to read
Key Points:
  • RACA has effectively raised 16 million USD, according to the official Twitter website of DWF Labs.
  • The DWF Labs money will assist RACA in its aim of becoming a larger Web3 gameplay environment.
RACA, a Web3 game environment, has secured 16 million USD in funding from DWF Labs.
RACA Raised $16 Million From DWF Labs To Create The Web3 Game Ecosystem

According to the information, DWF Labs’ agreement to engage in RACA involves a commitment to purchase back a number of RACA tokens. The DWF Labs money will assist RACA in its aim of becoming a larger Web3 gameplay environment. 

Web3 gaming is a new business that uses blockchain technology to deliver a decentralized gaming experience to consumers. Web3 games, as opposed to conventional gaming platforms, enable players to completely own and manage their in-game assets, making the gaming experience more intense and engaging. Furthermore, because of the openness and security provided by blockchain technology, Web3 gaming sites provide a more visible and secure atmosphere for players.

The firm has reached a major milestone with the investment from DWF Labs, showing that the company’s idea for the future of Web3 gaming is getting momentum in the investment community. It is also a clear sign of Web3 gaming’s potential, as investors increasingly recognize the worth of open gaming platforms.

RACA Raised $16 Million From DWF Labs To Create The Web3 Game Ecosystem

We can anticipate even more invention and development in this exciting new sector as the business continues to develop its platform and extend its products. The platform is positioned to become a significant participant in the Web3 gaming environment, with an emphasis on building realistic and compelling gaming experiences.

RACA, formerly known as Radio Caca, has grown from curating Elon Musk’s mother NFT library into a blockchain game environment akin to Steam. The platform has introduced R3 game infrastructure, USM WORLD, a Sim-City influenced Sandbox game, Looki Looki Jazzi social picnic game, DID wallet, NFT marketplace, and other products. RACA is currently trading at $0.000024, up 25% in the last 24 hours.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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