Brothers who bought red before the market opened, please pay attention. The new currency red will open on time at 9 o'clock tonight. What is your price expectation? Learn about the new currency in advance and get ahead of others!
What is RED coin?
RedStone (RED coin) is a modular oracle network designed to provide fast, secure and cost-effective data feeds for EVM and non-EVM compatible blockchains. Its unique architecture can be effectively expanded and can also provide customized data streams to meet the diverse needs of modern DeFi protocols. It is one of the most advanced oracles in the blockchain field, known for its deep pricing discovery, speed and high data quality. It is trusted by more than 130 customers, including top DeFi protocols, running on more than 70 blockchains and supporting more than 1,250 assets.
RED Team Members and Partners
The RedStone team members are experienced and have been deeply involved in blockchain technology and software development for many years. Founder and CEO Jakub Wojciechowski co-founded Alice, a platform focusing on social impact projects, before founding RedStone. He also served as a blockchain architect for Akropolis.io and a smart contract auditor for Zeppelin Solutions. Co-founder and COO Marcin Kazmierczak is not only the co-founder of the famous blockchain conference ETHWarsaw, but also selected as the Polish Forbes 30 Under 30 Elite List. As a co-founder and senior software development engineer, Alex Suvorov has extensive experience in software engineering. He has worked as an independent full-end engineer at Toptal and founded codenplay.io, a platform for teaching programming. RedStone's innovative approach has attracted investment from many leading venture capital firms and industry stakeholders, such as Arrington Capital, Blockchain Capital, Coinbase Ventures, etc.
RED Token Economics
The maximum supply of RedStone is 1 billion REDs, and the initial circulation is 30%, or 300 million. Its economic model design is closely linked to data services, and tokens are used to incentivize ecosystem participants. For example, data suppliers can receive RED rewards for providing data, ensuring the continuous and high-quality supply of data; node operators can also receive corresponding token incentives for maintaining network operations. This incentive mechanism helps maintain the stable operation and development of the RedStone oracle network.
Summary + Price
As a modular oracle network, RedStone occupies an important position in the field of blockchain oracles with its team experience, strong technical strength and innovative design, meeting the needs of DeFi and other fields for reliable data feeds.
If the opening price is above 1 USD, you can directly short the medium-term small position. If it is below 1 USD, you can directly buy the spot. Compared with similar oracles, there is still an expectation of rising prices.
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