✨Vision & Mission

The RACA DAO, governed by $RACA holders, oversees the project. The goal of RACA is to allow communities to bootstrap new, decentralized metaverses. We believe that metaverses are community-written stories, and resources are threads by which the fabric of the metaverse is sewn.

The DAO votes on which projects to onboard, RACA distribution, and revenue sharing agreements for the marketplace. RACA has enjoyed a strong grassroots community in its brief history. Over time, we expect the DAO to cultivate a much larger ecosystem with multiple product offerings. In 2022, the DAO launches a generalized NFT marketplace (OpenPFP) as an additional revenue source. The marketplace simply provides the DAO with additional runway to continue supporting the growth of the overall RACA ecosystem.

Over time, RACA hopes to become the beacon of decentralization across the entire NFT ecosystem. The DAO will begin building decentralized competitors to existing NFT products, using this revenue to jumpstart new projects and continue growing older ones. RACA acts as a flywheel to increase decentralization in the metaverse.