RACA ecosystem helping to transform the billion-dollar Web3 market
The Web3 market is growing rapidly and has significant potential to transform several sectors of the global economy. In 2023, the global Web3 market value was estimated to be approximately USD 2.25 billion, and is expected to reach USD 33.53 billion by 2030, with a compound annual growth rate (CAGR) of 49.3% during this period. This accelerated growth is driven by protocols such as the RACA ecosystem that implement tools aimed at its community, encouraging technological innovation and promoting the integration of everyone into a large decentralized network.
The public blockchain segment such as BNB Chain, of which RACA is an integral and transformative part, dominated the market in 2023, accounting for 56.4% of global Web3 revenue. The main advantage of public blockchains is their open and unrestricted nature, allowing anyone to participate in the network, ensuring high security, transparency and decentralization.
North America leads the Web3 market, with a 37.3% share of global revenue in 2023, driven by the presence of large blockchain solution providers and the growing adoption of blockchain-based systems. The Asia-Pacific region is projected to be the fastest growing, driven by the rapid adoption of digitalization in financial services companies and the growth of the e-commerce and retail sectors.
Therefore, the RACA ecosystem is part of a large digital transformation network that includes games, DeFi, smart contracts, artificial intelligence, metaverse and the Web3 market, which is on an impressive growth trajectory, with the potential to transform several sectors through of its decentralized, secure and transparent capabilities. As technologies continue to evolve, Web3’s impact on the global economy is expected to expand even further, creating new opportunities and addressing important challenges along the way.
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