RedStone builds two products: A cross-chain data Oracles for Web3 & DeFi protocols; And Warp, data-driven Smart Contracts layer on Arweave.
RedStone is a quickly growing blockchain startup, building two data-focused products aimed to unlock the potential of DeFi & Web3:1. RedStone Oracles: A new generation of blockchain oracles with a novel architecture that optimises the way data is delivered to decentralised Apps (dApps). RedStone provides 1,100+ data feeds delivered at a few seconds refresh interval to Ethereum, Polygon, Avalanche, Arbitrum and 30+ other top chains. We support price feeds for assets such as popular & long-tail tokens, fiat currencies, commodities, stocks, NFTs floor and RedStone can deliver also other types of data i.e. transactions volume data or results of real-world events like sports games.Available feeds -> https://app.redstone.finance/ ; Sample integration on popular chains -> https://showroom.redstone.finance/2. Warp: A data-processing Smart Contract layer on top of the Arweave data storage chain. Warp is optimised for data-heavy use cases such as sophisticated gaming & social dApps, interactive NFTs, simple on-chain Machine Learning and other blockchain-based solutions that have not been feasible before, due to huge data processing costs on chains like Ethereum or Avalanche.Warp overview -> https://warp.cc/ ; Warp Academy -> https://academy.warp.cc/RedStone Gitcoin grant -> https://gitcoin.co/grants/5477/redstone-new-generation-of-oracles-for-defiWarp Gitcoin grant -> https://gitcoin.co/grants/7733/warp-contracts-on-arweave-revolution-of-on-chain-
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Aug 30, 2022 | Seed | $7M | 9 | Lemniscap | — | Detail |
Jul 13, 2021 | Pre-seed | $525K | 6 | Maven 11 Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Lemniscap | Yes | Seed |
Blockchain Capital | — | Seed |
Coinbase Ventures | — | Seed |
Arweave | — | Seed |
Bering Waters Ventures | — | Seed |
Distributed Global | — | Seed |
Lattice Ventures | — | Seed |
Maven 11 Capital | — | Seed |
SevenX Ventures | — | Seed |
1kx | — | Pre-seed |