Thanks for accepting the terms and conditions.
Participate in the auction by sending ETH to the below address:
Warning: Only send ETH from ERC-20 compliant wallets which allow you to control your private key. Make sure to backup your private key. Do NOT send from an exchange, your ETH will be lost.
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ETH sent to auction:
ETH required to end auction:
Implied value of offered supply:
Implied value of total supply:
Latest auction end (CET):
ETH sent to auction:
Auction start (CET):
Auction end (CET):
The Project token (RDN) is a general purpose, decentralised cryptocurrency envisaged to be compatible with and used on the Raiden Network. Upon its generation, the Project Token can be used to create micropayment channels on µRaiden and perform payments over these channels. For more information on the RDN token, review the token contracts or see this blogpost.
A total (fixed) supply of 100,000,000 tokens will be generated which will be allocated as follows:
Learn more about the initial allocation of RDN tokens in this blogpost.
The launch will be facilitated via a same price Dutch auction and a fixed percentage of tokens are offered. Read this blogpost for more details.
A Dutch auction should allow everyone to participate without having to rush while offering certainty about the maximum total value of all tokens at the time of a bid. Everyone gets the same price at the end of the auction. Read this blogpost for more details.
If you don’t meet the KYC threshold, participating in the token launch works by simply sending ETH to the auction address. The address is shown after accepting the Terms and Conditions. Check out the token launch instructions for details.
Only participants who intend to bid more than 2.5 ETH in total, need to go through the KYC process to get whitelisted. See the KYC FAQ for details.
Generally, ERC-20 compliant wallets, which let you keep control over your private key should work. We have tested and successfully participated with the following wallets on the mainnet: Mist, MetaMask, MyEtherWallet, and Parity WebUI as well as the Foundation and the Gnosis multisig-wallets. We cannot, however, guarantee a similar successful result.
You will be able to access your acquired tokens 7-10 days after the token launch has ended. RDN tokens will be credited at the address from which ETH was sent.
The RDN Tokens will be distributed to the ETH address you bid with 7-10 days after the end of the auction.
Yes. You can bid multiple times from the same ETH address. If the sum of the bids exceeds 2.5 ETH, you will have to complete the KYC check.