News

According to official news, Redacted has announced the final allocation plan for the RDAC token. The official statement highlights that the token allocation reflects the principles of fairness, collaboration, and sustainable long-term development, aiming to incentivize early contributors, community participants, and builders. Within this plan, the Jirasan community will receive tokens with 25% unlocked at the TGE, followed by a 3-month cliff, and then linear monthly releases. There is potential for accelerated release upon reaching milestones such as Tier 1 listing, revenue, and market capitalization. Other community allocations will use different TGE unlock percentages, with a 3-month cliff and 24-month linear release. Team tokens are strictly based on market cap thresholds for unlocking, with a 12-month cliff. For every $100 million increase in market cap, 10% is unlocked; if the market cap does not reach $100 million, team tokens will be permanently burned, with the unlock cap set at a $1 billion market cap. Redacted stated that this model draws on the long-term incentive framework of Binance's founder, Changpeng Zhao, ensuring the team benefits only when goals are achieved. It also announced that previous versions of the token economic model are now void. Previously reported, Redacted completed a $10 million funding round, co-led by Spartan Group, with Saison Capital, Animoca Brands, and Polygon Ventures also participating.