DWF Labs has invested $16 million in RACA to promote the Web3 gaming ecosystem.
The investment by DWF Labs amounted to a total of $16 million in funding and purchase of RACA tokens. RACA has now rolled up its sleeves for a gaming platform on Web3.
RACA Is Working For The Blockchain Gaming Ecosystem
A blockchain-based gaming ecosystem, which is the main reason for the investment RACA has received, is attracting a lot of attention these days. Blockchain has evolved from managing Elon Musk’s mother’s NFT collection to a Steam-like Blockchain gaming ecosystem.
Market maker and investment firm DWF Labs has invested a total of $16 million in Web3 company RACA, a deal that includes buying an unspecified amount of RACA tokens. The funding will help RACA continue its goal of being a comprehensive Web3 gaming ecosystem.
The company announced the details in a tweet thread.
https://twitter.com/RACA_3/status/1643708185994469381
Founded in 2021, RACA (formerly Radio Caca) appeared as the manager of Elon Musk’s mother, Maye Musk’s NFTs. After that, the company launched an R3 gaming infrastructure, the SimCity-like Sandbox game USM.WORLD, the social party game Looki Looki Jazzi, the cross-game DID wallet JAZ, and an NFT marketplace.
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