- Redacted Group announces the launch of its native token $RDAC this week.
- The company intends to launch its public fundraise on MocaList, as per the official release.
Web3 accelerator Redacted Group confirms the launch of its native crypto token — Redacted Coin ($RDAC) — on MocaList, the co-branded token launchpad powered by Mocaverse and CoinList.
As per the official release, $RDAC is set to be launched via the community sale on March 13, 2025 at 17:00 UTC on the launchpad. After a 7-day window, the sale will conclude on March 20, 2025 at 17:00 UTC.
Crucial Info on the Upcoming $RDAC Token Launch
Notably, the Redacted team has allocated 4.3% of the token’s total supply — 43 million RDAC tokens — for the sale on the launchpad. As per the press release, the token will launch at $0.07 on the sale, potentially marking a fully diluted valuation of $70 million.
Tokens purchased in the sale will be partially released at TGE (token generation event). Meanwhile, the rest will be locked for a 1-month cliff period before being unlocked progressively over the next 2 months.
Furthermore, the company also hinted at planning for a public fundraise through the co-branded MocaList. Moreover, the company also hinted at planning for a public fundraise through the co-branded MocaList. Redacted Co-founder and CEO Shanjan Kumar (Shan) stated, “Our listing on MocaList marks an exciting step forward in expanding the reach of Redacted and our ecosystem. We’re thrilled to see how MocaList will help bring Redacted and the RDAC token to more users and wallets, furthering our visions for a more connected web3 space.”
What’s the Buzz Behind the “Entertainment Datasphere”?
Seemingly, the community isn’t forgetting a unique 10-hour sky networking event or a viral “don’t get rekt, get redacted” marketing campaign featuring the industry’s top voices. Does utility validate the hype? Redacted is projected as a blockchain and AI-powered ecosystem exclusively for gamification and entertainment products in the Web3 arena.
With a collective volume surpassing $500 million, more than 10 products form a core part of the Redacted ecosystem. The platform’s young product lineage includes RampX a.k.a crypto’s SuperApp (chain abstraction bridgeless token swap platform), Multifarm (reward aggregation platform), Maxis (gamified crypto/NFT marketplace), Biptap (crypto-centric banking solution), iAgent Protocol (AI agents) and others.
Ultimately, the platform serves as an ecosystem where users and degens can play, trade, watch, and earn rewards. Upcoming $RDAC token’s utility within this ecosystem will include primary access, governance, and incentives.
The platform prominently flexes a line of key backers, namely, Animoca Brands, Spartan Group, Polygon Ventures, Saison Capital and so on.
Disclaimer: This article is for informational purposes only and does not constitute investment or financial advice. TheNewsCrypto encourages readers to make decisions based on their own research.
