Redacted Group, a leading platform that accelerates Web3 start-ups across verticals and that has over 1.3 million active users across 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.
Backed by leading venture firms, including The Spartan Group, Animoca Brands, Polygon Ventures, and others, Redacted co-owns and co-develops over 10 major products with a collective volume exceeding $500 million in value.
These include RampX, “Crypto’s SuperApp” – a chain abstraction bridgeless token swap platform supported by some of the most prominent angels and investors, and Biptap, a global banking solution for crypto.
Redacted’s blockchain-powered ecosystem, driven by its upcoming RDAC Token, aims to offer enhanced experiences and targeted commercial opportunities for both Web2 and Web3 companies.
The company plans to launch its public fundraise on MocaList, a premier launchpad powered by Mocaverse and CoinList. Mocaverse is the consumer brand of Moca Network and is among the first to adopt Moca Network’s Account, Identity, and Reputation SDK (AIR SDK), alongside SK Planet and One Football. Mocaverse provides curated experiences and rewards to users based on their identity and reputation through Moca ID and products including Mocana, MocaDrop and MocaList.
MocaList was created exclusively for the Mocaverse and CoinList community and designed to facilitate priority access to culture and entertainment projects within the crypto space.
By leveraging CoinList’s expertise and Mocaverse’ engaged network, MocaList aims to provide high-quality fundraising opportunities while fostering deeper participation and utility for its members. CoinList is the leading crypto launchpad and has raised over US$1.2 billion for notable projects like solana, Immutable X, and NEAR Protocol.
Since its inception in 2017, CoinList has hosted 58 public raises. MocaList was created exclusively for the Mocaverse community and designed to facilitate priority access to culture and entertainment projects within the crypto space.
The RDAC token community sale will officially launch on March 13th, 2025, at 17:00 UTC on MocaList, and will conclude on March 20th, 2025, at 17:00 UTC.
Co-founder and CEO of Redacted Shanjan Kumar said in a statement,
“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.”
Kenneth Shek, Project Lead of Moca Network, said,
“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, creating a more accessible and engaging environment for both users and startups through the upcoming RDAC Token.”
A total of 43 million RDAC tokens, representing 4.3% of the token supply, have been allocated for the MocaList sale at a price of $0.07, a fully diluted valuation of $70M. Once the tokens are purchased in the sale, a portion will be released at TGE while the rest will be locked for a 1-month cliff before vesting over the next 2 months.
About Redacted
Redacted is a leading platform that accelerates Web3 start-ups across verticals across its user and data ecosystem. Users will be able to interact through an ecosystem of entertainment and gamification products powered by RDAC. The core team, recognized as Web3 thought leaders since 2021, combines crypto-native expertise with backgrounds from top-tier companies like Tesla, Bank of America, Kraken, and LEGO.