Today, the airdrop coin launched by Alpha is Redacted ($RDAC).

Speaking of this project, it gets interesting. Originally, the announcement from Binance @binancezh yesterday stated that this Alpha airdrop would not be subject to the point deduction mechanism, but this morning, Binance announced again: based on feedback from community users, this $RDAC airdrop will also adopt the Alpha points consumption system.

This is quite a mysterious operation. Let’s just say, can we: deduct points from whoever gives feedback? A principle of: whoever questions, whoever provides evidence. How about that?

Despite the mix-up in the Alpha mechanism, it doesn’t stop us from learning about the project together:

1. Project Introduction

Redacted is a Web3 entrepreneurial platform focused on multi-track incubation and growth acceleration.

2. Project Members

Shan Kumar is the founder and CEO of PG and REDACTED, previously an engineer at Tesla.

3. Project Advantages

(1) Multi-Track Collaborative Incubation

By partnering with Kumu, the largest live streaming platform in Southeast Asia, we integrate Web3 incentive mechanisms into Web2 applications, reaching over ten million users.

(2) Data-Driven Staking Mechanism

Innovatively launched the Data Staking model, linking user behavior with token value, encouraging "the more you use, the more you gain."

(3) Endorsement from Leading Institutions

Supported by institutions like Spartan, Animoca, and Polygon, it has incubated 14 products and over 1.3 million users, providing entrepreneurs with plug-and-play resources and infrastructure.

4. Project Financing

Redacted has completed two rounds of financing:

· Seed round financing of $10 million at 24.6

· Public round financing of $3 million at 25.3

Major investors include: Spartan Group, Animoca Brands, etc.

5. Token Economics

· Token Name: $RDAC

· Total Supply: 1 billion tokens

Initial Circulation: 11.1% (111 million tokens)

· Token Distribution: Ecosystem: 27%, Community: 25%, Contributors: 13%, Financing Institutions: 11%, Liquidity Pool: 6%, Advisors: 5%, Public Round: 4.3%, Private Round: 4.2%, Seed Round: 4.6%

6. Token Price Prediction

Comparison with similar projects:

· $ANIME: Market Cap - $188M, corresponding $RDAC price ≈ $0.10884

· $G: Market Cap - $169.9M, $0.1699

· $AIC: Market Cap - $197.5M, $0.1875