Decentralized applications (dApps) like RACA and USM saw a 77% increase in activity in Q1 2024 and a total daily active user wallet count of 7 million, showing how the RACA ecosystem is part of a trend world of social transformation that will unite the physical world with the digital.
According to DappRadar, the increase in new users in dApps such as RACA shows a strong recovery, indicating the end of the longest bear market ever experienced.
DappRadar also noted renewed interest in non-fungible tokens (NFTs) throughout 2023, following a drop in usage in 2022. Unique daily active user wallet counts rose to 4.8 million in 2023, doubling from 2022. Additionally, NFTs saw the biggest growth, up 166% year-over-year.
This strength remained through 2024, with DappRadar seeing a 50% increase in trading volume to $3.9 billion and a 13% increase in sales to $11.6 million in Q1 2024.
The GameFi ecosystem, of which RACA is one of the largest projects within the BNB Chain, continues to lead on Web3, commanding a 30% dominance and attracting around 2.1 million unique active wallets daily, an increase of 59% compared to the last quarter.
Supported by DWF Labs, OKX Blockdream Ventures, and the Tachyon accelerator by Consensys Mesh, RACA serves as a web 3.0 infrastructure solution provider. Initially launched as a bidding token with the Maye Musk NFT, RACA has evolved into a robust web3.0 gaming ecosystem!
RACA, the USM native token, serves as a Crypto ‘dApp Store’ of AI Apps and Games, initiated by the ‘Elon Musk’s Mother & Koda NFT’ community
