Is RedStone a scam?

Asked about RedStone (RED), market cap rank #481.

Short answer

RedStone (RED) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.

Source: isthiscoinascam.com · Updated 2026-05-11

Red flags raised

  • Less than 50% of supply is circulating

Positive signals

  • Tokenomics distribution and max supply publicly described by the project on its blog (RED supply/distribution and category percentages).
  • At least one third-party security assessment is publicly listed (Hacken audit page for RedStone SDK).
  • Team leadership is publicly listed on the project site.

Security audits

1 audit on record.

  • Hacken (2025-03) — issues_resolved

Team transparency

The RedStone team is doxxed — public identities are known.

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