Polygon Ventures backed RDAC crypto to be listed on Binance Alpha today
By: bitcoin ethereum news|2025/05/13 16:15:04
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RDAC, the native token of Redacted, a Web3 startup accelerator and ecosystem supporting early-stage blockchain projects, is set to be listed on Binance Alpha following an exclusive TGE campaign hosted through the platform. In a May 12 official announcement, Binance revealed that RDAC will be available for trading on Binance Alpha, a spotlight section within crypto exchange Binance designed to highlight early-stage or trending crypto projects to users on May 13, 2025, at 10:00 AM UTC. Prior to the listing, the exchange will hold an exclusive TGE campaign hosted through Binance Alpha where Alpha users who meet a certain Alpha Points threshold will receive their airdrop within 10 minutes after trading starts. However, Binance has not publicly disclosed the total number of RDAC tokens earmarked specifically for this airdrop. The exact amount of tokens distributed per user depends on individual Alpha Points balances and the specific eligibility criteria set for this campaign. The eligibility threshold will be announced before the trade opens, per the announcement. Binance will be debuting a new Alpha Points consumption system for the RDAC airdrop, where a certain number of Alpha Points will be deducted from users who successfully participate in the exclusive TGE or claim the airdrop. While a listing on Binance Alpha does not automatically mean Binance will list the token, projects featured on Alpha often gain significant exposure, and if they demonstrate strong community interest, trading volume, and sustainability, they stand a higher chance of being fully listed on Binance in the future. According to its tokenomics, RDAC will have an initial circulating supply of 111 million tokens at TGE or 11.1% of the established maximum cap of 1 billion. Following its Binance Alpha listing, RDAC will also be available to trade on Bitget Launchpool and MEXC. The token was listed for pre-market trading on MEXC on May 12. According to Oriole Insights, an on-chain prediction platform, the majority of bettors believe RDAC will launch at an initial price of around $0.07, with a market cap close to $12 million. They also noted that the majority of predictors expect the token to gain 1x to 2x once the token is available for trading. What is Redacted? Redacted is a Web3 startup accelerator that helps launch and grow early-stage crypto projects across areas like DeFi, gaming, AI, SocialFi, and payments. Instead of building just one product, Redacted co-creates a range of projects that all connect back to its main token, RDAC. A key feature is data staking, where users can lock in data or take part in governance tasks to earn rewards. The RDAC token powers the ecosystem, used for governance, incentives, and accessing various features across Redacted’s network of apps. In 2025, Redacted raised $10 million from big-name investors like Spartan Group, Polygon Ventures, Animoca Brands, and Saison Capital. It also has backing from builders and execs who’ve worked at places like Tesla, Kraken, and LEGO. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Source: https://crypto.news/polygon-ventures-backed-rdac-crypto-to-be-listed-on-binance-alpha-today/
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