RED

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RedStone

Yes, RedStone is planning to launch a crypto token called RED[1][3]. The total supply will be 1 billion RED tokens[3]. The token is designed to be used for staking to enhance network security and will enable holders to earn rewards from RedStone data users across various blockchains[1]. The RED token launch is expected to occur later this year, following RedStone's $15 million Series A funding round[3][9].

Based on the available information, RedStone is planning to launch a token called RED, which will likely include an airdrop component[2][8]. The project has completed multiple funding rounds and is preparing for a Token Generation Event (TGE)[2][5]. RedStone has also been running community engagement activities called "RedStone Expeditions," where users can earn RSG points that may contribute to airdrop eligibility[4][7]. While an official airdrop announcement hasn't been made, these activities and the planned token launch strongly suggest that an airdrop is likely to occur in the future.