The excitement surrounding Bitcoin ETF spot trading has also sparked a resurgence in enthusiasm for blockchain games, according to Animoca Brands founder Yat Siu.
Web3, GameFi, and the Metaverse are key sectors for RACA, at the core of the USM ecosystem and the products and services RACA has been developing. Siu mentioned that the rise in prices of many cryptocurrencies has reignited investors’ confidence in the Web3 gaming market and triggered a new wave of on-chain-related activities.
“The appreciation of tokens builds user confidence and has utility. It’s not just about having money but also feeling confident about what you own,” he said.
Siu explained that the key indicators of growth and conviction in the GameFi sector can be more accurately measured by closely observing on-chain activity, a metric in which RACA consistently leads among BNB Chain projects, as shown by BSC Daily data, placing RACA as the Top Most-holding on BNBChain Tokens.
https://twitter.com/bsc_daily/status/1748151719614349355
According to Sun, instead of only considering the token price of a project to evaluate its success, Siu said investors need to take into account a series of factors — similar to analyzing the different factors determining a country’s economic strength.
At this point, RACA emerges as one of the leading projects on the BNB Chain, accumulating the best user metrics, community engagement, among other aspects, demonstrating the strength of our ecosystem.
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.
