Disclaimer: RedMagic NFT is an independent blockchain project and holds NO association with REDMAGIC the mobile gaming-phone brand (redmagic.com, operated by Nubia). We share the name only. RedMagic NFT is a separate, independent team with no affiliation, endorsement, or connection to any phone manufacturer.
Names can be confusing. Let's be direct about it: RedMagic NFT and the REDMAGIC gaming-phone brand are two completely different things.
One name, two entities
The REDMAGIC gaming phone (nubia, redmagic.com) is a hardware brand that makes phones. RedMagic NFT is an independent, on-chain digital-collectible project running on BNB Smart Chain. They do not share a team, a treasury, a company, or an endorsement. The similarity is in the name alone.
We state this clearly and prominently because transparency means not letting anyone misread what this project is.
So what is RedMagic NFT actually?
It is a decentralized ecosystem built on these principles:
- Fully on-chain. No backend server, no central operator, no delete button.
- Open and auditable smart contracts.
- State-of-the-art multi-signature governance for the foundation treasury.
- Self-custody: users hold their own keys.
Its economy uses two currencies — R-MAB, a privilege token, and RUSDT, a fixed-supply stablecoin — settling independently across its NFT membership and its blockchain horse-racing game.
Decentralized by design
If you value projects that practice decentralization rather than just use the buzzword, take a look. The whole system is designed to be verified by code, not trusted by fiat.
Official website: https://redmagic.pro · NFT platform: https://nft.redmagic.pro
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