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<p>RedStone is a modular oracle platform designed to provide decentralized applications (dApps) with fast, accurate, and cost-efficient data feeds. Unlike traditional oracles that push data onto the blockchain at fixed intervals, RedStone employs an on-demand data fetching approach, storing cryptographically signed data off-chain and delivering it to smart contracts only when needed. This method enhances efficiency and significantly reduces costs for dApps. RedStone's modular architecture allows for easy integration of new assets and reduces latency, enabling dApps to scale more effectively. </p>

Launchpool Announcement Page On Binance

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<p>2024-07-02 RedStone raised $ 15 M in Series A round.</p>

RedStone

Canton Ecosystem

Morningstar Ventures

Moonrock Capital

The Spartan Group

GBV Capital

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Ascensive Assets

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Woodstock Fund

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Nexo

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Impossible

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Subsquid

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Erik Ashdown

Derek Yoo

Aurel Iancu

Delroy Bosco

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Batuhan Dasgin

Michael Chen

Etienne

Danish Chaudhry

Alchemy

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Linda Xie

Elad Gil

Floodgate

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Ethereum Foundation

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Wintermute

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AU21 Capital

StaFi

Jaynti Kanani

Sandeep Nailwal

Republic Capital

Bware Labs

Wodo Gaming

StarkNet

Humanode

Amber Group

Circle

Hack VC

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Miss Bitcoin

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Saudi Telecom Group

G-20 Group

Yield Guild Games (YGG)

UXLINK

Stanford Blockchain Accelerator (SBA)

PublicAI

Gavin Wood

HV Capital

Matterblock

Ed Hesse

Scytale Digital

Music Protocol

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Name	Total	Unlocked	Locked
Initial Community & Genesis	5.00%	5.00%	-
Team & Shareholders	22.5%	5.50%	15.5%
Treasury	18%	5.50%	15.5%
Community Airdrop	12.8%	5.50%	15.5%

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