Radio Caca wants to ‘return the Metaverse to people’ by partnering with university students
Radio Caca (RACA) is a decentralized autonomous organization, or DAO, that has partnered with top global universities to build a metaverse for students to study and play. Its blockchain ecosystem, powered by its native token RACA, consists of the United States of Mars (USM) metaverse, a nonfungible token, or NFT, marketplace and a play-to-earn, or P2E, game called Metamon. Cointelegraph spoke to the RACA team about its plans for user growth within the DeFi, NFT and P2E game spaces.
At the time of publication, RACA ranked among the top 20 metaverse tokens on CoinMarketCap with a $327 million market capitalization. RACA is a token based on the BNB Chain, formerly known as Binance Smart Chain, that is bridged to Ether (ETH) and OEC, and it is the USM metaverse's governance token.
Wolfgang Morton, RACA's Head of Investor Relations, described the three-month-old USM metaverse as a 3D planet where users can own land, build homes, play mini games and socialize. Compared to other metaverses like Decentraland or The Sandbox with “a high barrier to entry,” according to Morton, USM wants to remain accessible and inclusive.
“Our mission is to return the Metaverse to people. We do that by keeping our land prices low. We want to make sure that the USM allows folks to participate in it through ownership."
In order to help build and develop their metaverse, the RACA team partnered with over a dozen academic blockchain societies from some of the most prestigious universities in the world, including Cambridge University and Princeton University. The Princeton Blockchain Society tweeted that this partnership provides the "opportunity to engage and showcase the talents of the students."
The USM #Metaverse continues its rapid global expansion
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