Radio Caca Vietnam Technology Seminar Concludes, Prospects for RACA Price and Future Trends of the Industry
Singapore, Singapore--(Newsfile Corp. - January 28, 2022) - In Jan 2022, the exclusive manager of Maye Musk Mystery Box (MPB) NFT and the Universal Metaverse (USM) brand issuer Radio Caca hosted a grand closed-door technical seminar in Vietnam on a number of topics including the Radio Caca token price and future trends of the industry. Under the market downturn, the active members of the RACA Vietnam community and their KOLs conducted multiple in-depth discussions. During this closed-door meeting, the participants discussed the pressures and conditions faced by major leading Metaverse brands under the current market conditions and predicted future trends that practitioners in the field will need to cope with.
Naturally, when it comes to the current situation of Radio Caca, people's biggest concern is always its token price. Some attendees made a comment that it is difficult to evaluate the market condition and predict the future token price, which was also the main topic raised in the meeting.
In the meeting, the KOLs from the RACA community answered many price-related questions, which were everyone's main concern, and discussed the price as a key point. "Why does RACA have the confidence to talk about its token price? Because we are confident enough to present the facts and our reasoning," the spokesman said.
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As we all know, through the candlestick chart of Radio Caca token price, it can be seen that RACA has experienced relatively large ups and downs and reached a peak value of about 0.012 BUSD. Comparing the chart of ADA, it can be analyzed that a major break-out could take a rather long period of accumulation to play out. Whereas ADA had experienced the largest drop of as much as 98%, the token price of ADA eventually broke the previous high and peaked at about 3 times of the previous all-time-high. Reviewing the token price chart of ADA, people should understand the truth: the timing of buying is very important, so is the mentality of HODLing.
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Recently, the blockchain game market has fluctuated greatly due to both external and internal factors. Take RACA as an example, the external factor is the overall decline of the crypto market, and the internal factor is that RACA changed the economic model of the Metamon Island game as an effort to cooperate with the beta release of the USM Metaverse. These two factors have been the main causes of RACA token price's recent underperformance.
Many people doubted the frequent revisions from the Radio Caca team: "the original Metamon gameplay was doing well, why did we change it"?
As the Radio Caca team explained before: super high yield is not sustainable under volatile market conditions as speculators tend to keep selling when the market sentiment is fearful. This has been proved by a few competitor projects. Proactively bursting the bubble, or soft landing, is the way to keep projects alive for the long haul. Currently, APR remains at a relatively healthy high level despite the reduced ROI of the Metamon game. RACA will continue to empower Metamon NFTs and ensure their values in the USM.
This question also goes deep into the nature of Radio Caca's corporate brand. The emergence of the USM Metaverse is definitely beneficial to the RACA ecosystem, which is like adding a market booster to RACA to achieve a closed loop ecosystem. At present, some people still do not understand the significant value of USM in Radio Caca's ecosystem and grand strategy. The fact that they only focus on the revenue of a mini-game is very unwise. To be clear, industry analysts believe that Radio Caca wants to make the 'business cake' bigger, so that everyone can share, rather than causing the loss of involvement. A true community grows together and makes every member richer and better as opposed to zero-sum games.
In addition, data show that RACA's players are still growing strongly and continuously, and there are already more than 540,000 fans. Therefore, their USM did not appear out of nowhere, but appeared in the existing market step by step in a planned way. The entire plan of USM is a positive change to the RACA ecosystem. This is a law of nature how the business format is developed. In the future, it is inevitable that the Radio Caca ecosystem relies on the USM Metaverse. As a classic 1+1>2 business case, it is highly likely to lead the trend and studied by the industry.
In this closed-door meeting in Vietnam, people also systematically and effectively summarized the various measures that RACA has taken in response to the market. No matter how the market goes, the Radio Caca team keeps BUIDLing.
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The above picture clearly shows many important metrics including the daily activity users of the Metamon game, MPB sales numbers, and the RACA buyback and token burning programs. It also shows Radio Caca's recent achievements, such as winning MVBIII No.1 Metaverse award, launching the Metamon game, in-depth collaboration with Maye Musk and the Binance NFT marketplace team, etc. Obviously, RACA's accomplishments are not by accident, and it has great potential to continue excelling in the crypto industry.
We mentioned that Radio Caca is planning to launch the USM Metaverse, which is currently in alpha testing. You may ask: what exactly is USM, and what impact will it have on the RACA ecosystem?
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USM stands for the United States of Mars, which is also being referred to as the Universal Metaverse. The emergence of USM will greatly stimulate the ecosystem growth of RACA. According to the current RACA Medium articles and previous announcements the Metamon game will be integrated into the USM. Metamons will be important characters in the Metaverse as well as 'Metamon Kingdom DAOminance', a 3D game that is under development. The Metamon game players will be able to stake their Metamon NFTs and in-game consumables to earn valuable items in the USM Metaverse including land NFTs, which some believe will one day be as valuable as land in the real world. Launching USM empowers and maximizes the value of all RACA NFTs. Obviously, Radio Caca intends to keep the promise that "every NFT issued by RACA will be valuable".
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The good economic ecosystem could mark the beginning of the birth of a unicorn. Despite the current testing period, the Technology Seminar held by the Radio Caca Vietnam community has shown us that there are some good reasons to believe the advent of the Metaverse can lead to a bright future and huge growth for both the industry and Radio Caca.
Company Name: RADIO CACA FOUNDATION LTD.
Contact Person: Mike Radio
Website URL: https://www.radiocaca.com/
City, State, Country: 3 Fraser Street, #05-25, Duo Tower, Singapore, 189352
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111730