“Radio Caca is one of the purest and truest DAOs because we are a fair-launch token. That means we did not pre-sell RACA tokens to anyone. Everyone, including the dev team, chose to get RACA at a market price just like everyone else. Everyone feels like a true member of the community and is devoted to it wholeheartedly. There is a unified vision and belief that RACA will continue to lead the world into the age of Web 3.0,”
With this sentence, Vitaliy Tyan addressed how Radio Caca (RACA) works to build its entire ecosystem of DeFi, Metaverse, and Web3. Tyan is Radio Caca’s Head of Marketing and exclusively manages Maye Musk Mystery Box (MPB) NFT.
Tyan says running a DAO feels quite different. According to him, multiple factors are involved in running a successful DAO company. And the first factor for the success of a DAO he highlighted was that it is necessary to have a loyal, organic, and passionate community.
The origin story of the project matters because it shows the transparency, fairness, and integrity of the project. When any community member feels like a second-class citizen, a true DAO cannot exist.
Furthermore, Vitaliy believes it is crucial to keep all members informed about progress and continuously adapt and make strategic pivots as necessary.
“Never fall prey to sunk-cost fallacy. We are building a new world here, it’s always about doing what’s right for the community and not about having your personal opinions validated.”
NFTs Need Both Development and Community Support
Vitaliy noted that players would soon be able to move their assets freely from one game world to another. But for people to transfer their investments from one place to another, he added, it has to make sense.
NFTs should have the most support/features/perks in the ecosystem that created them. But most projects only specialize in creating NFTs, not continuously developing for and around them.
“The best NFTs don’t just enhance your game experiences, they are also digital assets that should gain more benefits over time (beyond simple appreciation). That’s why you want to make sure that your NFTs have both the development and the community to go along with it. If your existing NFTs are not being supported by the original dev team, your next best bet is to find an ecosystem that can welcome and work with you to integrate them, so your community has a place to call ‘home,’” Vitaliy explained.
Metaverse and Modern Education
Talking about education, Vitaliy said that technology has advanced much faster than our education systems. Students need an immersive and engaging learning environment where they can be creative and collaborate.
However, instead of competing with existing education institutions, Radio Caca collaborates with them and combines the best of both worlds.
“By directly working with top universities and getting their student bodies engaged in Web 3.0/Metaverse/NFT as early as possible, we are facilitating a true exchange of ideas among people who have the optimism, time, and energy to educate, onboard, and lead a new generation into this new age. We at Radio Caca believe that if we continue to empower universities and students and give them all the tools to develop in our Metaverse, they will build and continually support their Metaverse presence in the ways that serve them most effectively” Vitaliy stated.
The RACA team collaborated with over a dozen academic blockchain societies from some of the world’s prestigious universities, including Cambridge University and Princeton University. The Princeton Blockchain Society tweeted that this partnership allows students to showcase their talents.
We are pleased to announce a new partnership with @RadioCacaNFT to build a vibrant and diverse network for Web3.0 natives in USM @USMverse. This is a great opportunity to engage and showcase the talents of the students at @Princeton. pic.twitter.com/cXG9TDJPin
— Princeton Blockchain Society (@pton_blockchain) February 15, 2022
The Metaverse: An Escape from Reality or a Way to Recharge?
Many people worry about how their mental health will be affected by the new reality where people spend most of their time in the Metaverse. However, Vitaliy believes these concerns are overblown.
“What is the difference between a real hobby and escapism? You engage in a hobby because it brings you happiness in some form or way. You engage in escapism because you need to take a psychological/mental/physical break from something. There is value in both.”
He explains that technology is a tool, and learning how to use and relate to it properly will further evolve our society. Any potential human-related problems that may arise would be challenges that society will evolve through together.
“The Metaverse can be a place where you can create, succeed, win, enjoy, collaborate, experience new things for the first time and old things in a new way, learn, make new friends, and re-meet your old friends. That is beautiful, right? It’s empowering. Just like in real life, your options here are limitless.
And if some experiences in the Metaverse allow you to take a break from your challenges in life, then people should take as much time as they need to heal and re-energize themselves. Just like in real life, we need people who are there for us – to celebrate victories with and to support us during adversities. It is up to us to be good humans to others in the real world and in the Metaverse. And as both worlds will converge more and more, the responsibility of the human stays constant – be a good neighbor to your community and continue to try your best,” Vitaliy summarized.
Disclosure: This is a sponsored press release. Please do your research before buying any Metaverse crypto coins.