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In light of recent events and coinciding announcements, we at Redlight would like to issue a public statement to explain our situation, both past and present. We hope that this shines a light on what has transpired, our reasons for delaying announcements, and allows us to begin earning the right to your trust and confidence again as we begin moving forward. We have been working on significantly upgrading our blockchain infrastructure for some time now, and outline in this statement more information around this process for those who missed our most recent AMA.
In this blog post, we are excited to provide you with an exclusive glimpse into the inner workings of the organization following our recent structural change. We believe it is essential to acknowledge and learn from our past mistakes, as well as outline the steps we are taking to address them. In order to do so, we will delve into the roles within our hierarchy and highlight their direct impact on Redlight Network's operations.
We find ourselves at a crucial juncture as we embark on a pivotal phase of expansion. Recognizing the significance of this upcoming milestone, we are delighted to announce a series of enhancements to our corporate structure. These strategic improvements will empower us to leverage emerging opportunities, fortify our industry position, and propel us towards continued success.
We are thrilled to announce a groundbreaking partnership with DeHedge Fund. This collaboration is a powerful confluence of ideas and technologies, paving the way for a remarkable future for both projects. DeHedge Fund, recognized for its innovative approach and dedication to diversification, brings an array of benefits to the Redlight Network ecosystem. Let's take a closer look at the key components of DeHedge Fund, and explore how this partnership is set to shape the future of both platforms.
We are excited to announce that Redlight has partnered with HOM DAO, the creator of the HOM-NFT Minting App, the HOM Protocol, Vote-to-Earn staking awards, and a completely decentralized finance approach to real estate lending; The Title app.
We are proud and extremely excited to announce our new staking mechanism, Pinnacle Staking. This system is meticulously designed to reward supporters who believe in the future of a coin or token, whilst also combating any downwards pressure that affects alternative staking systems.
We are happy to announce our third form of $REDLC utility. This builds on news that we have further expanded Midnight Trades to support the ERC-1155 token standard, which is the most popular gaming standard in the world, created by Enjin.
The world of blockchain and cryptocurrency is constantly evolving and pushing boundaries in new and endless ways and we are excited to unveil our latest contribution Web3 space – Redtag. Redtag is a revolutionary new Web3 identity that goes beyond being an address used for sending and receiving cryptocurrencies and NFTs.
We are excited to announce that we have officially changed our name from Redlight Finance to Redlight Network.
Double Protocol is an entirely decentralised NFT rental platform with a huge network of partners. They are already active multiple very well established blockchains and now our very own Redlight Chain! Our relationship with Double Protocol is incredibly collaborative and has surpassed the bounds of utility alone.
Zombie Nation is launching in Open Alpha on the 22nd of April. Contrary to the name, Zombie Nation is a living, breathing world - and what this team is building is just begging to be experienced by all of us.
I am beyond excited to unveil Redlight’s new partnership with Physical Utility – a project that is laser-focused on bringing the benefits of NFTs and true asset ownership to the realm of the physical…and beyond.
We’re pleased to announce that we’ve hired my long-time friend and one of Enjin’s top content creators as a marketing advisor for Redlight Finance.
We are happy to share that Infinity Realms, the world's most innovative Web3 MMORPG, is coming to Redlight Chain!
It’s with a deep sense of responsibility that I’m choosing to work with the Redlight team at this important time in their history.
We’re pleased to announce that Redlight Chain ($REDLC) is officially trading live on MEXC.
We are glad to advise you that Simon Kertonegoro, Former VP of Marketing and Developer Success at Enjin will be joining us as a full-time Operations and Marketing Advisor.