Low-Cap Altcoin Surges by More Than 121% This Week Amid Booming Trading Volume

A low-cap non-fungible token (NFT) platform has surged by more than 120% percent in the past seven days amid booming trading volume.

Radio Caca (RACA) bills itself as the “exclusive manager of Maye Musk Mystery Box (MPB) NFT and DeFi+GameFi vehicle for The Universal Metaverse.”

RACA, the 104th-ranked crypto asset by market cap, is trading at $0.00793562 at time of writing.

The project launched on the Binance Smart Chain (BSC) in October and was named one of the BSC’s “Most Valuable Builders” that month.

Binance Smart Chain also promoted the project on Twitter earlier this month.

This week, Radio Caca announced it had nearly $107 million in daily trading volume on the Binance Smart Chain, a new record for the NFT platform.

“New record!!!!!! On [Binance Smart Chain],

the 24-hour trading volume of RACA reached $106.93M”

Source: RadioCacaNFT/Twitter

The project also noted on Twitter this week that its “Metamon Game” had more than 10,000 daily active users.

Radio Caca says Metamon is the main character in its blockchain-based game on the Binance Smart Chain.

The project plans to expand the Metamon game into the Universal Metaverse (USM), which it bills as a “3D Mapping Metaverse” massively multiplayer online game (MMO).

Radio Caca explains,

“In the Metaverse, you use VR/AR technology to live in the virtual world with a new identity: new clothes, new body, new skills, new social status, etc.

In the USM Metaverse, each player is also a builder. They build a social network around themselves, establish a complete economic system and finally build a new virtual civilization. What’s more, they can create arts and mint into NFTs as their assets to exhibit or trade in the Metaverse.”

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Featured Image: Shutterstock/Veronika Yeroshenko/Vladimir Sazonov


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Infinite Fleet: A Sci-Fi MMO Stratgey Game Launches STO With $1m Tether Investment

Infinite Fleet has launched a Security Token Offering (STO) on the STOKR platform with a major investment of $1 Million by Tether’s parent company, Tether International Limited.

Depending on local securities regulations, the general public will be able to invest in the STO in select European Union countries using Euro (EUR), Bitcoin (BTC), and Tether (USDT) starting at $100.

Infinite Fleet’s official in-game currency will be the INF token, a cryptocurrency that can be taken and purchased out of the game by players. This cryptocurrency can be transferred to a player’s crypto wallet and interacted within the game just as any in-game currency in other titles.

Investors who are not in the United States but want to invest more than $10000 will need to contact the developer directly in order to do so. This represents one of the largest capital raises by a blockchain-based gaming company so far.

Infinite Fleet is an epic sci-fi massively multiplayer online (MMO) strategy game.

Infinite Fleet is an epic sci-fi massively multiplayer online (MMO) strategy game.

Infinite Fleet’s Investment Pitch for EU Residents

The Infinite Fleet security token is issued by Exordium S.C.S. and offers equity in the Exordium parent company with the equivalent shares on future profit.

Stokr is a startup based in Luxembourg focused on pioneering in the digital securities sector. It provides turn-key solutions to ventures of all sizes, allowing them to access capital markets in compliance with the European Union’s regulations.

An STO That May Attract More Attention

The STO is currently led by Tether International Limited, the parent company behind the most popular stablecoin Tether (USDT). With an investment of $1 million in EXOeu tokens, the company kickstarted the funding campaign.

The STO round has so far raised over $2.5 million in funding since its launch on January 17th, 2021, in what seems likely to surpass a previous STO in which the developer raised $3.1 million on the STOKR platform.

Tether International Limited’s CTO, Paolo Ardoino, shared is expectations for the integration of cryptocurrencies and videogames by stating:

“As a former MMORPG game developer myself, I see great potential in the application of crypto assets to multiplayer online games. It is a perfect match of two rapidly growing digital sectors with tremendous upside. Samson Mow and his team are veterans with proven track records in both fields, with a clear vision of what they want to achieve.”

The videogame industry remains one of the most important niches for cryptocurrency mass adoption, with 2020 representing a year of incredible growth for blockchain gaming.

Gaming Developed Around Cryptocurrency

By using a Proof-of-Participation consensus algorithm, players will be able to “mine” the currency by participating in the game and in special events where INF will be awarded, just like gold or other currencies would be earned in other MMORPGs.

This gamified version of Proof-of-work represents an innovative approach in the videogame industry, effectively providing players with rewards that have value beyond the game and they can truly own by using blockchain technology.

INF will be issued using the Liquid Network, a layer-2 network built over the Bitcoin Blockchain. This approach will use federated signings and real-time BTC pegging to allow high-frequency transactions required by the game while keeping the decentralization of the network.

The game will take place in space and be a strategy massive online multiplayer game that will see thousands of players compete against each other for control of the galaxy, explore, and create their own fleets.

Infinite Fleet’s development started in June 2018 and has been making headlines ever since due to its ambitious and triple-A nature, an unprecedented in the blockchain gaming niche.

It appears that the blockchain gaming space is heating up – and may become the next hot sector in an area that seems to attract more investment all the time.



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