According to a report released by Strategy and PwC, the metaverse industry, in which RACA. with its metaverse the USM is inserted, it will inject around US$ 15 billion in the GCC (Gulf Cooperation Council) countries alone by the year 2030, revealing the disruptive potential of the metaverse in social transformation and in the interaction between governments and citizens.
The study observes existing initiatives related to the metaverse in Saudi Arabia and the United Arab Emirates, suggesting that such initiatives could expand to other countries in the region. Strategy and PwC highlighted the GCC’s interest in exploring the “huge potential impact” of the metaverse, envisioning its ability to revitalize and transform various sectors in their economies, just as RACA believes that it is developing, expanding and expanding interactions in the USM aiming to unlock the full potential of digital technologies.
The report emphasized the potential for metaverses like USM to offer a vast array of possibilities beyond next-generation gaming and online shopping. According to the analysis, the metaverse has the power to reshape the way people in GCC countries work, transact, plan, design, build, shop, play, travel and live.
The report cited four advanced technologies that underpin the GCC metaverse program. They include virtual reality (VR), augmented reality (AR), blockchain and haptic technology. All this potential highlighted by the research shows how much RACA is at the forefront of the movement for social transformation and interaction between the physical and digital world, further reinforcing RACA’s leadership movement in the construction of this new ‘future’ in the metaverse.
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
