RedChillies (REDC) is a governance token with utility features of all dApps and DeFi product of RedChillies Labs.
RedChillies Labs contributes in development of decentralized applications to support mass adoption of blockchain technology. REDC token is currently used in ZilChill gaming platform for gaming utilities and governance purposes, while there can are additional utility use-cases of REDC in DeFi and collaborated dApps; making REDC a cross-chain and multi-app token.
REDC token is currently utilized in various products:
All native dApps of RedChillies Labs operate in REDC token with max supply of 2 million. REDC is a ZRC-2 compliant fungible token which primarily acts as a fee to host and play any games. RedChillies tokens are also distributed from leaderboard pool to max 4 parties (Game Developer, Game Host, Game Player and Game Governor) in a model of play to earn.