RED X Answers

In the entertainment industry, for Web3 projects to achieve global mass adoption,

1. Lack of Real Business

2. Poor UI/UX

3. Regional Limitations Solving these three challenges is essential, and RED X will address them through the following initiatives.

1. Utilization of RED X in Existing Businesses Centered around RED° TOKYO TOWER

RED° TOKYO TOWER is an icon of Tokyo and Japan, attracting over 3 million visitors annually. It serves as a hub for stakeholders in the RED X project.

By leveraging both offline and online services connected through RED° TOKYO TOWER, we aim to provide globally accessible real-world applications for fans. The RED X project begins with collaboration centered on "RED° TOKYO TOWER," Japan's largest digital amusement facility, which opened in April 2022.

2. UI/UX Innovation through Payment Tokens and Mass Adoption via TON (The Open Network) Mainnet

The RED X project will introduce an off-chain payment token called REZ or RED Points (hereinafter referred to as "REZ"), which can be purchased with fiat currency, in order to build a system that can be easily purchased and used by anyone globally, as well as the on-chain token REDX, which uses TON.

We will construct a user-friendly service that allows not only cryptocurrency users but all entertainment users to access RED X's services globally, without being tied to a specific country. This will be achieved through a hybrid of on-chain REDX and off-chain REZ, providing a UI/UX comparable to that of existing Web2 solutions.

Furthermore, the initial REDX mainnet blockchain will adopt TON (OpenNetwork) and establish a strong partnership with TON Foundation. This will enable seamless integration with TON for business development based on Telegram, which has over 1 billion users worldwide.

We will drive powerful mass adoption to reach users globally.

3. Global Business Expansion and Ensuring Global Access through Payment Tokens

Starting from RED° TOKYO TOWER, we aim to achieve mass adoption of Web3 in entertainment by providing a globally deployed service platform with a UI/UX comparable to familiar Web2. The hybrid model of RED X services and REDX/REZ eliminates regional restrictions, making it accessible to people of all ages around the world.

Overall view of the RED X solution