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Cryptocurrency News Articles

Binance Alpha Announces Airdrop for Redacted's New RDAC Token, Making it the First Platform to Host the Asset

May 14, 2025 at 04:45 am

Binance, the world's largest crypto exchange, has been hosting many airdrops lately. A recent study claims that the firm controls 94% of the airdrop and staking market

Binance Alpha Announces Airdrop for Redacted's New RDAC Token, Making it the First Platform to Host the Asset

Binance, the world's leading crypto exchange, is hosting an airdrop for Redacted's (RDAC) new token, making it the first platform to feature the asset. Claiming will begin on May 13 at 10:00 UTC on the Alpha Event page.

Binance Alpha to Host Redacted Airdrop

As with other recent projects, Binance Alpha attracted a lot of notoriety when it announced an airdrop for Redacted’s new RDAC token.

"Binance is the first platform to feature Redacted (RDAC), with trading beginning on May 13, 2025, at 10:00 UTC.

"Eligible Binance users with at least 205 Alpha points can claim an airdrop of 482 RDAC tokens on the Alpha Event page starting at 10:00 UTC on May 13. ..."

Redacted, a platform designed to accelerate startups across various Web3 sectors, was founded in 2021. It first launched RDAC in a closed sale this March, aiming to raise $3 million for the initiative.

RDAC powers Redacted’s broader blockchain ecosystem, encompassing infrastructure platforms, staking rewards, and more. These platforms provide features like cross-chain bridging, a DePIN GameFi project, marketplaces, NFT minting, and other essential modules.

Revenue generated by these platforms is plowed back into the ecosystem to support the long-term sustainability of RDAC.

Binance's airdrop announcement generated significant interest among the community, as it presented the first opportunity for the average retailer to acquire RDAC.

Users can earn the asset by completing tasks within the Redacted ecosystem, such as engaging with community channels. They can then stake RDAC to unlock additional benefits and rewards.

Crypto airdrops can often exert immense selling pressure, and RDAC's Binance debut was no exception. Speculative investors quickly began dumping the token, causing its value to plummet by over 50% in the first three hours.

However, the token has been steadily recovering throughout the day, showcasing community interest in buying it and participating in Redacted's ecosystem.

Hopefully, RDAC's quiet gains after the Binance airdrop are an encouraging sign for the ecosystem's viability. Redacted has been developing its startup accelerator for several years and has ambitious plans for the future. A high-profile introduction like this can help set RDAC up for long-term success.

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Other articles published on May 14, 2025