Redlight Chain

Redlight Chain

REDLC
$0.198141371%2.22

Key Metrics

Price$0.198141371
Real Volume (24H)$312,243.32
MarketcapN/A
Fully Diluted Valuation$31,943,342
ATH$9.04
ATH Date9/27/2022, 7:23:50 AM
ATL$0.132315
ATL Date3/8/2023, 10:11:18 PM
Circulating SupplyN/A
Total Supply210M
WebsiteN/A
WhitepaperN/A
Popularity Rank11985
Chart
What is Redlight Chain?

Redlight Chain ($REDLC) stands as a revolutionary decentralized Layer 1 EVM (Ethereum Virtual Machine) compatible Blockchain, spearheaded by Redlight Finance. With the goal of addressing the Blockchain Trilemma, encompassing Scalability, Decentralization, and Security, Redlight Chain introduces groundbreaking advancements to conventional EVM compatible blockchains.

In June 2022, Redlight Chain unveiled its initial Whitepaper, followed by the launch of REDLC in August 2022.

Redlight Chain presents a remarkable feature as it operates as a 100% gasless platform. Users are not required to pay any gas fees while engaging with smart contracts, executing token transactions, purchasing or selling tokens, or even minting NFTs.

This gasless approach plays a pivotal role in scalability and fosters the mass adoption of cryptocurrencies. Redlight Chain aims to serve as a bridge between DeFi and real-world businesses, simplifying the integration of traditional business systems and databases into blockchain technology without compromising security.

As of now, the Redlight Chain ecosystem encompasses the following projects:

$REDLC (The governance coin of the Redlight Chain Blockchain) DawnSwap (The native decentralized exchange) Midnight Trades (The native NFT marketplace) Validator staking pools

Redlight Chain has established partnerships with various projects and companies, including:

Nitro Network Sphere Finance Crowdbotics MyMetaVerse Physical Utility

These partnerships enable Redlight Chain to collaborate with like-minded entities, fostering innovation, and expanding the capabilities of the ecosystem. By joining forces, these entities contribute to the growth and development of Redlight Chain, bringing unique expertise and resources to the table.

Through strategic partnerships, Redlight Chain aims to enhance its offering, explore new use cases, and attract a wider user base. The collective efforts of these collaborations aim to drive the adoption and utility of Redlight Chain, positioning it as a formidable player in the blockchain industry.

Looking ahead, Redlight Chain envisions a future where blockchain technology seamlessly integrates with various sectors, transforming traditional systems and unlocking new opportunities. With a steadfast commitment to scalability, decentralization, and security, Redlight Chain strives to overcome existing limitations and revolutionize the way businesses and individuals interact with blockchain technology.

As the ecosystem expands, Redlight Chain aims to introduce additional projects, applications, and innovations that further enhance the functionality and usability of the platform. By constantly pushing the boundaries of what is possible, Redlight Chain seeks to position itself at the forefront of blockchain innovation and be recognized as a leading force in the industry.

Investors and enthusiasts can keep a close eye on Redlight Chain's progress, as the project continues to pave the way for a more scalable, decentralized, and secure blockchain ecosystem. By staying true to its vision and leveraging strategic partnerships, Redlight Chain aims to create a sustainable and impactful platform that empowers individuals and businesses alike.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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