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Valued at $70 Million, Redacted Is Set to Launch on Major Exchanges with Surging Economics

0x04FB1Dd0B1D4Cc9240BA38f381F80c0b745ef748

0x04FB...f748

On May 12, BN Alpha announced the upcoming listing of REDACTED (RDAC), which will officially go live on May 13, 2025. Eligible users will receive incentives within 10 minutes of the launch.

Introduction to Redacted

Redact (RDAC) is a Web3 entertainment ecosystem focused on multi-track and growth acceleration. It is dedicated to building a sustainable, user- and data-oriented regenerative system that connects startup products, cultural platforms, and decentralized user communities to create a long-term value network.

Redact aims to support its entertainment and gamified products through data protocols, covering 14 ecosystem matrices with over 1.3 million users. Its core vision is to become the "Uniswap of the entertainment industry."

Core Advantages of Redacted

One of Redacted's achievements is the seamless popularization of Web3, achieving a diverse metaverse architecture, user base, and sustainable economic model:

  1. Multiple Application Scenarios: The Redacted ecosystem covers more than 14 Web3 fields, such as RampX, iAgent, Mintify, and FlashX, providing possibilities for Web3 applications to break through to mainstream audiences.

  2. Unlocking New Rights: The Data Staking mechanism links interaction with value, creating a two-way flywheel between players and the platform.

  3. Web2 to Web3 Transition: For traditional internet (Web2) users, Redacted integrates technology into existing platforms to achieve seamless popularization of Web3.

Redacted Team

Founded in 2024, Redacted has limited public information available. Its members come from renowned companies such as Tesla, Bank of America, Kraken, and LEGO, as well as experts in the fields of cryptocurrency, gaming, and NFTs:

  • Shan Kumar: Founder and CEO of Redacted, a former Tesla engineer with extensive experience in Web3 product incubation and ecosystem building. He specializes in the design of multi-chain interaction systems and the implementation of data-driven incentive models.

Redacted Financing

To date, Redacted has undergone two major funding rounds to support the construction of its Web3 entertainment and gamified ecosystem.

Summary of Redacted

Redacted, as a multi-track Web3 acceleration ecosystem, centers around $RDAC and covers multiple directions, including entertainment, gaming, AI, and content platforms. It has received in-depth support from Kumu, as well as backing from Saison Capital, Animoca Brands, and Polygon Ventures. It is poised to lead the next wave of blockchain innovation.

Valued at $70 Million, Redacted Is Set to Launch on Major Exchanges with Surging Economics