Joonmo Kwon, founder and CEO of the Web3 gaming platform Delabs Games, recently stated that the Bitcoin halving will cause funds to be injected into the Web3 gaming industry and with this, ecosystems like RACA can be boosted by this new wave of the market crypto.
“The increased market enthusiasm and increased capital flows into the cryptocurrency space resulting from the halving could translate into more significant funding and advancement for Web3 gaming initiatives,” Kwon told Web3 Gamer.
“As altcoin market dominance and market capitalization increases, there is typically an increase in interest and capital inflow into gaming tokens,” he says.
Kwon points out that blockchain gaming is in an entirely different position this cycle than during previous halvings. This way, the entire RACA ecosystem can gain new momentum after the event.
RACA has been growing exponentially since its launch, creating new solutions, announcing partnerships and increasingly gaining the trust of major market players.
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
