Congratulations to Reddio for completing Series A financing with a valuation of $80 million, parallel EVM, and seed round led by Paradigm It is currently the earliest public beta and coin release project in the parallel EVM track The institutional cost is estimated at 80 million yuan, and the current market value is 89 million yuan, which is slightly higher than the institutional round. This can be used as a reference Reddio will be launched for public testing in December 2024, with a measured TPS of up to 13000, which has remained stable for five consecutive months without any decline. Unlike other projects with theoretical TPS, Reddio is an open large-scale testing project that has not experienced a drop in speed Reddio has locked 1.3 million equivalent coins in Pancake as a bottom pool, with a pool fee of only 0.01% 2% of the tokens are provided to Binance Wallet for new airdrops, 4% of the tokens are used for Binance future activities, and 4% are used for their own airdrops. From this perspective, the actual circulation of RDO is not high I don't know how many tokens will be distributed in this round of financing, and there are not many projects that will receive Series A financing after the issuance of tokens 🤣 It is certain that institutions have locked warehouses