#RED Oracle Related Information
Founder: Jakub Wojciechowski
Co-founders: Alex Suvorov, Marcin Kaźmierczak
Total Supply: 1 Billion
Current Circulation: 40 Million
Current Market Value: 50 Million USD
Current Price: 1.2 USD
& The distribution mechanism is as follows:
Ecosystem and Community: 48.3%. Among them, protocol development accounts for 10%, ecosystem and data providers account for 28.3%, community and genesis distribution account for 10%
Core Builders: 20%.
Early Supporters: 31.7%.
Airdrop: 0.7% portion unlocked over four years
Launchpool: 4%, totaling 40 Million
& Introduction of Investors:
Lead Investor: Arrington Capital led the Series A financing; Lemniscap led the seed round financing
Co-investors: Coinbase Ventures, IOSG Ventures, SevenX Ventures, Kraken Ventures, White Star Capital, Spartan Group, Amber Group, etc.
Angel Investors: Including Smokey the Bera and Homme Bera from Berachain, Mike Silagadze, Jozef Vogel, and Rok Kopp from Ether.Fi, as well as Amir Forouzani, Jason Vranek, and Christina Chen from Puffer Finance, etc.
& Destruction Mechanism:
Transaction-related destruction: 30% of future RedStone ecosystem service fees will be destroyed
Re-staking destruction, etc.
Personal Suggestion: 1—1.2 USD can be a good entry point. It can be done!