CDS Crypto News Raca Raises 16 Million in Funding
Crypto News

Raca Raises 16 Million in Funding

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Raca Raises 16 Million In Funding
Raca Raises 16 Million in Funding

RACA, a web3 gaming environment, raises $16 million in funding from DWF Labs to create a web3 gaming ecosystem

Raca Raises 16 Million In Funding
Raca Raises 16 Million in Funding

Raca Raises 16 Million in Funding

Growing and evolving day by day, web3 games offer users a decentralized gaming experience. It does this by using blockchain technology. Unlike traditional gaming platforms, users fully own in-game assets. Having 100% ownership can lead to greater adoption and interest in games. Additionally, again thanks to blockchain technology, web3 gaming platforms are more secure and open than traditional ones.

This is where RACA secured $16 million in funding from DWF Labs to become a larger Web3 gaming environment.

Rising Value

Raca Raises 16 Million In Funding
Raca Raises 16 Million in Funding

Having received a good amount of funding from Dwf Labs, the company has passed another milestone toward its goal of becoming the largest Web3 environment. According to the information received, DWf labs‘ agreement to join RACA includes a commitment to receive RACA tokens.

Dwf labs’ investment in this web3 environment is proof that the company is looking forward to the future of web3 gaming. As RACA and other web3 environments continue to develop their platforms, we can expect even more inventions and developments in this sector.

About RACA

Raca Raises 16 Million In Funding
Raca Raises 16 Million in Funding

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.

SOURCE

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Written by
Burak DANACI

The author focused on financial markets after graduating from Anadolu University, Department of Economics. After meeting with blockchain technology in 2019, he produces content on youtube and twitter in this field.

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