In addition to artificial intelligence, the Web3 market is emerging as one of the most promising areas of technology, with projections indicating exponential growth in the coming years. Web3, the third iteration of the internet, builds on blockchain technologies to create a more decentralized internet where users have more control over their data and online interactions and is an integral part of the RACA ecosystem and our solutions and developments.
Currently, the global Web3 market is valued at approximately USD 2.25 billion in 2023. Forecasts indicate that this market could grow at a compound annual rate (CAGR) of 49.3% by 2030, reaching approximately USD 81.5 billion.. This impressive growth is driven by the growing demand for decentralized solutions that offer greater security, privacy and autonomy to users, like those that the RACA ecosystem works on, develops and implements with the support of its community.
Therefore, RACA believes that some factors are essential for the growth and expansion of Web3, and they guide the construction of our ecosystem:
1. Adoption of Blockchain and Cryptocurrencies: The use of blockchain for secure and transparent transactions is on the rise.
2. Security and Data Privacy: Web3 promises to solve many of the privacy and security problems that exist in Web2, offering an infrastructure where user data is controlled by themselves and not by large corporations or governments.
3. Technological Innovations: Technologies such as Artificial Intelligence (AI), Machine Learning (ML), Cloud Computing, and Internet of Things (IoT) are being integrated into the Web3 ecosystem, creating new opportunities and applications in various sectors and that is why we announce the 4090 AI Pack.
The BFSI (Banking, Financial Services and Insurance), retail and e-commerce, and healthcare sectors are among the biggest beneficiaries of Web3 technologies. These sectors use blockchain to improve transparency, reduce transaction costs and increase data security, opening up a whole new field for the Web3 crypto ecosystem.
The combination of emerging technologies and the demand for greater control and data security, such as what we have developed in the RACA ecosystem, are driving this digital transformation, promising to revolutionize the way we interact with the internet and digital services.
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
