REDC

RedChilliesREDC

Rank #6123
Token
On 118 watchlists

RedChillies Price (REDC)

$1.53
7.60%

0.00003656 BTC7.20%

0.00049 ETH6.93%

Low:$1.42
High:$1.60
24h
REDC  RedChillies REDC
Price:
$1.53
 7.60%
Market Cap
- -

Why is there no Market Cap? 

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Fully Diluted Market Cap
$3,065,199
7.60%
Volume
24h
$7,167
111.00%
Volume / Market Cap
--
Circulating Supply
--
Max Supply
2,000,000
Total Supply
--
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REDC Price Statistics

RedChillies Price Today
RedChillies Price$1.53
Price Change24h$0.1082
7.60%
24h Low / 24h High
$1.42 /
$1.60
Trading Volume24h$7,167.38
111.00%
Volume / Market CapNo Data
Market DominanceNo Data
Market Rank#6123
RedChillies Market Cap
Market CapNo Data
Fully Diluted Market Cap$3,065,198.78
7.60%
RedChillies Price Yesterday
Yesterday's Low / High
$1.42 /
$1.60
Yesterday's Open / Close
$1.46 /
$1.52
Yesterday's Change

4.52%

Yesterday's Volume$4,856.17
RedChillies Price History
7d Low / 7d High
$1.14 /
$2.05
30d Low / 30d High
$0.4851 /
$2.65
90d Low / 90d High
$0.4176 /
$2.65
52 Week Low / 52 Week High
$0.4176 /
$2.65
All Time High
Jan 08, 2022 (11 days ago)
$2.65
42.19%
All Time Low
Dec 08, 2021 (a month ago)
$0.4176
266.99%
RedChillies ROI
No Data
RedChillies Supply
Circulating SupplyNo Data
Total SupplyNo Data
Max Supply2,000,000 REDC

REDC to USD Converter

REDC

RedChillies

USD

United States Dollar

REDC Price Live Data

The live RedChillies price today is $1.53 USD with a 24-hour trading volume of $7,167.38 USD. We update our REDC to USD price in real-time. RedChillies is up 7.60% in the last 24 hours. The current CoinMarketCap ranking is #6123, with a live market cap of not available. The circulating supply is not available and a max. supply of 2,000,000 REDC coins.

RedChillies is a gaming platform built on Zilliqa blockchain that utilizes ZRC-2 token REDC. It has defined four types of users in its platform: Game Developer, Game Host, Game Player and Game Governor.

RedChillies operates in REDC token with circular tokenomics and max supply of 2 millions REDC tokens. REDC is a ZRC-2 compliant fungible token which will primarily act as a gas fee to host any games. Every hosted game will normally cost 1 to 10 REDC tokens and every game-result will only reward 2 REDC tokens. RedChillies are distributed from prize pool to max 4 parties (Game Developer, Game Host, Game Player and Game Governor); thus maintaining inflation rate and implementing fair distribution of token supply.

Game Developer: RedChillies will provide efficient tools for game developers to integrate web-based games with Zilliqa blockchain in near future. Initial phase 0 will focus on game developments curated by the core team to stabilize the system. There will be 5 games in Phase 0 as Bet Games, Ludo Dice, Poker, Racing and Shooter. RedChillies will open its gaming platform for game developers in Phase 1. There will be no impact in REDC tokenomics while transitioning from Phase 0 to Phase 1. For every game played, the developer of that game receives 10% of prize pool amount in Phase 0 and 1; 8% of prize pool amount from Phase 2.

Game Host: Each game available in RedChillies platform needs to be hosted by the user to make it available for players to join the game. Instances of games are thus created by users themselves to become the Game Host by paying 1 REDC token. Game Hosts are rewarded with 10% of the prize pool in each hosted game in Phase 0 and 1; 8% of prize pool amount from Phase 2. For any hosted game which fails to start or receive players will suffer the loss of 1 REDC token.

Game Player: Anyone having Zil tokens can participate in any hosted game which is not yet started. Game players need to bet at least 50 Zil tokens via ZilPay wallet. Winners of each game are rewarded 80% of the prize pool amount. For any game betted which fails to start, players will be refunded for betted Zil.

Game Governor: We want to make RedChillies - a community driven project by Phase 2. Holders of REDC tokens will have voting power from Phase 2. Each of the game results will need a "verification" vote before rewards can be claimed. Voting power counteracts any attackers or events who/which dishonestly or unfortunately influence the game results. Anyone with more than 1000 REDC tokens will have voting power and those who participate are called Game Governor. Game governor of each game will receive 4% of the prize pool amount.

Minting(Phases) Game Reward Locked(Involved Parties) 1,000,000(Token Supply (REDC)) 50%(Percentage Own)

Minting Exchanges 600,000 30%

Minting Marketing 100,000 5%

Minting Team Development 300,000 15%

Max Supply 2,000,000 100%

REDC charged from hosting of each game is stored in a Treasury Contract for a month. On 1st of every month, Leaderboard Wallet receives these (2 * number of games played last month) REDC from Treasury + Reward Wallet. From Leaderboard Wallet:

a) Top 10 players are rewarded with these 60% REDC tokens based on ranking.

b) Highest better from a single game gets 10% REDC tokens.

c) Biggest winner from a single game gets 10% REDC tokens.

d) Most games playing wallet receive 10% REDC tokens.

e) Random players will also get 10% REDC tokens.

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REDC Price Statistics

RedChillies Price Today
RedChillies Price$1.53
Price Change24h$0.1082
7.60%
24h Low / 24h High
$1.42 /
$1.60
Trading Volume24h$7,167.38
111.00%
Volume / Market CapNo Data
Market DominanceNo Data
Market Rank#6123
RedChillies Market Cap
Market CapNo Data
Fully Diluted Market Cap$3,065,198.78
7.60%
RedChillies Price Yesterday
Yesterday's Low / High
$1.42 /
$1.60
Yesterday's Open / Close
$1.46 /
$1.52
Yesterday's Change

4.52%

Yesterday's Volume$4,856.17
RedChillies Price History
7d Low / 7d High
$1.14 /
$2.05
30d Low / 30d High
$0.4851 /
$2.65
90d Low / 90d High
$0.4176 /
$2.65
52 Week Low / 52 Week High
$0.4176 /
$2.65
All Time High
Jan 08, 2022 (11 days ago)
$2.65
42.19%
All Time Low
Dec 08, 2021 (a month ago)
$0.4176
266.99%
RedChillies ROI
No Data
RedChillies Supply
Circulating SupplyNo Data
Total SupplyNo Data
Max Supply2,000,000 REDC