This is the 2nd community private sale, giving the opportunity to smaller stakeholders and supporters!
While the first round of the 2nd private sale is over, we’ve been receiving messages and emails from early supporters and users wanting to participate with lower cap amounts. You know us, we are all about inclusion, so we couldn’t let this slide.
Seeing the market in this condition, we want to extend our fundraising campaign for $RED therefore we opened an FCFS portal on Tokensoft for smaller stakeholders and users to invest in the private sale with a 60% discount!
For those who don’t know the criteria:
Terms of the Pre-Sale
- Total Raised Goal: $500k
- Price per $RED token: $0.40 (60% discount)
- Min/Max Cap: $100/$10k per wallet
- Token Vesting: 6-month lockup with 18-month linear vesting
- Blockchain Network: Ethereum (ERC-20)
If the goal is reached first, awesome, otherwise the portal will close on the 31st of July ’24. Then you’d have the chance to participate in the pre-sale if you wish to.
Why RED?
Remember how we discussed making cross-border payments faster, cheaper, and more secure? We are bringing #BanksonChain through a regulation-friendly infrastructure platform. While $BAX secures ReDeFi L1, the main blockchain infrastructure of our ecosystem, $RED is the native utility token that powers the ReDeFi L2 sidechain.
This is the only official link to acquire $RED with a 60% discount:
What are the steps of buying $RED?
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Step 1: Getting Started
First, fire up your browser and follow the link above to be directed in the page.
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Step 2: Connect your Wallet
You’ll need to connect your ERC-20 self-custody wallet. Click on the ‘’Connect Wallet’’ button above and select your wallet.
You can select Metamask or any other ERC-20-compatible wallet you have.
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Step 3: Verify your account
After connecting your wallet, you’d need to sign a message to verify that the wallet is actually yours. That’s an extra security measure, it doesn’t interact with any on-chain activities or paying any gas fees.
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Step 4: Read the SAFT Document
Please read carefully all the terms in the SAFT Document provided. Once you read and understand everything, click the ‘tick’ ✅ bracket and hit ‘Next.’
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Step 5: Ready to participate?
On the next screen, you’ll see the following, without the ‘red arrows.’ 😄
Method = you can choose between ETH, USDC, USDT
USDT Value = the amount you’ll purchase with (min $100 / max $10k)
RED Token Purchased = the actual amount you’ll receive based on the purchase value (remember, the discount is 60%)
Once you are certain with the numbers above, remember to tick ✅ the two remaining brackets if you are happy with everything and proceed to click ‘Next.’
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Step 6: Confirm and Purchase
On the next page, you’ll see the Payment Confirmation page. Essentially a brief description of the details you entered in the previous step.
Once you confirm the details above proceed to ‘tick’ ✅ the two acknowledgements below and hit the ‘Purchase’ button.
Note: As you’ll have to pay transaction fees, make sure you check the Ethereum gas tracker (gwei) before buying to pay the least amount of fees. You can do so here → https://etherscan.io/gastracker
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Step 7: Congratulations
The last page is the actual receipt of your purchase. Upon clicking on the ‘My Purchases’ button, you’ll be able to see all your purchases in your Dashboard.
And that’s it, you successfully bought $RED with a 60% discount. If you require any sort of help, kindly reach out to our community servers (links below).
If you don’t have a self-custody wallet and still want to participate via a bank transfer, please reach out to us via email: finance@getbabb.com.
Last but not least, if you want to invest more than $10k, please reach out to us via email: finance@getbabb.com.
About ReDeFi
ReDeFi is a Financial Infrastructure Platform (FMI) merging TradFi and DeFi. It uses a Substrate Layer-1 blockchain for decentralisation, while the Layer-2 sidechain focuses on privacy for B2B cross-border transactions, banks and financial institutions clients and so much more. The MVP is Onchain Money, a tokenised deposit system that mirrors fiat currencies in traditional bank accounts on-chain, enabling transactions using standard bank details.
All Official Links:
https://linktr.ee/redefi_world
https://linktr.ee/getbabb
Risk Disclaimer:
Don’t invest in cryptocurrencies unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
