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Redacted to Launch RDAC Token on MocaList, Powered by Mocaverse and Coin List
Redacted, a leading platform accelerating Web3 start-ups across verticals within its user and data ecosystem, is set to launch its native cryptocurrency token SRDAC on one of the most prominent token launch platforms in the industry: MocaList created in partnership with Mocaverse and CoinList.
The company, which has over 1.3 million active users across its ecosystem, will be listing its tokens on MocaList at a price of $0.07 per token. This strategic move aims to bring Redacted’s ecosystem and the RDAC token to more users and wallets, ultimately furthering the vision for a connected Web3 space.
As part of this initiative, a total of 43 million RDAC tokens will be allocated for the MocaList sale, representing 4.3% of the token supply. This allocation is earmarked for purchasing by the community, with a portion set to be released at TGE while the rest will be locked for a 1-month cliff before vesting over the next two months.
According to Shanjan Kumar, Co-founder and CEO of Redacted, “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 vision for a more connected Web3 space.”
Mocaverse’s Project Lead, Kenneth Shek, has also expressed enthusiasm for this collaboration, stating, “We are genuinely excited to launch Redacted on MocaList, showcasing innovative products like Rampx and MultiFarm that are backed by top venture firms such as The Spartan Group and BitKraft. This initiative is a fantastic opportunity for our community to connect with a project that is set to redefine user experiences and commercial opportunities in the Web3 ecosystem.”
The listing on MocaList represents an essential milestone for Redacted, allowing users to participate in the sale of RDAC tokens. As part of this effort, the company will be releasing its token at a fully diluted valuation of $70 million.
With the listing set to conclude on March 20th, potential investors are encouraged to explore the opportunity and learn more about Redacted’s vision for a more connected Web3 space.
As always, it is essential for interested parties to conduct their own due diligence before making any investment decisions.
Source:
Source: https://blockonomi.com/redacted-to-launchrdac-token-on-mocalist-powered-by-mocaverse-and-coin-list/
