RedStone announced a strategic partnership with World Chain to provide oracle support, along with the pre-market debut of its RED token on Binance Launchpool and Bitget Pre Market.
RedStone and World Chain Partnership
RedStone, a provider of modular blockchain oracles, announced its collaboration with World Chain to deliver accurate price feeds and market data necessary for DeFi applications on the platform.
RedStone's Technological Edge
RedStone stands out with its modular architecture, which allows quicker integration with new blockchain networks. An example is its integration with The Open Network (TON). Additionally, RedStone employs a pull-based data request model, lowering costs and reducing network congestion.
RED Token Pre-Market Launch
RedStone released its RED token on Binance Launchpool and Bitget Pre Market. This allows early access and trading of the token. The RED tokenomics are designed to foster ecosystem growth and engagement, including community activity rewards and development support.
RedStone's partnership with World Chain signifies its strengthening position in the blockchain oracle market, while the RED token launch opens up new opportunities for investors and ecosystem participants.
