Bitget has announced the addition of the RDAC token, belonging to the Redacted project, to its Launchpool. Users of the platform will be able to lock BGB tokens and receive RDAC from May 13 to 18, starting at 1:00 PM Kyiv time.
This is reported by Бізнес • Медіа
Participation Conditions
A total of 12,516,000 RDAC will be distributed among participants. VIP users from levels 1 to 7 can lock up to 30,000 BGB, while for VIP 0, the maximum limit is 5,000 BGB. The minimum threshold for participating in the campaign is 5 BGB.
The Redacted Project and Its Goals
Redacted offers solutions for the sustainable launch of Web3 startups in areas such as DeFi, artificial intelligence, trading, payments, and NFTFi. The company addresses sustainability issues in the Web3 industry, particularly the instability of token values due to frequent changes in metadata and decreased demand after TGE, which leads to reduced user interest.
“Currently, the Web3 industry faces sustainability challenges: due to constant changes in metadata, token values are unstable. Combined with a lack of real use cases and decreased demand after TGE, this results in a loss of interest from users.”
The Redacted ecosystem has 1.3 million users, and its social media reach is 1.1 million. The project’s total volume amounts to $500 million, and the team has raised $10 million in investments from companies such as Spartan Group, Animoca Brands, and Polygon Ventures.
To participate in the campaign, users must complete the KYC process. It is important to note that the campaign is not available for sub-accounts, institutional clients, and market makers. Bitget reserves the right to change the terms of the promotion or cancel it without prior notice.