Key Takeaways
- Marcin Kaźmierczak co-founded RedStone Oracles and helped create a modular, fast, and efficient blockchain oracle.
- His crypto journey began in 2017, working on Bitcoin transaction tracking at the Polish Accelerator of Blockchain Technology.
- RedStone Oracles launched in 2021 to improve the speed, cost, and flexibility of blockchain data feeds.
Who Is Marcin Kaźmierczak?
Marcin Kaźmierczak is the co-founder and COO of RedStone Oracles, a fast-growing blockchain oracle built with a modular approach. He also helped start ETHWarsaw, the biggest Web3 tech conference in Central and Eastern Europe. In 2020, he graduated from the Warsaw School of Economics, where he studied e-business. He later took an MBA course at National Chengchi University in Taipei, writing his thesis on blockchain technology and how businesses can use it.
Early Career
Entering the Crypto Space
Marcin Kaźmierczak started his journey into the crypto space in 2017 while studying quantitative economics. His interest in blockchain technology grew, and in 2018, he joined the Polish Accelerator of Blockchain Technology. There, he worked on tracking Bitcoin transactions for Polish institutions. This gave him practical experience with blockchain and helped him learn more about the industry.
Meeting Jakub Wojciechowski
In 2018, Marcin met Jakub Wojciechowski, a skilled engineer with over 20 years of experience in software development. Their meeting would play a key role in their future work together. Jakub was already becoming well-known in the blockchain industry and later won the 2020 New York City Blockchain Week Hackathon for his unique approach to leveraged trades.
While Marcin was gaining experience in Taipei and working with Google Cloud, Jakub studied the weaknesses of oracle solutions like Chainlink and found ways to improve them.
How Blockchain Oracles Have Changed
Before RedStone, oracles like Chainlink were the main way to bring outside data into smart contracts, but they had cost, speed, and flexibility issues. Marcin and Jakub saw these problems and set out to create a better oracle that is modular, faster, and works well across different blockchains. This section could explain what makes RedStone different from older oracles and why its design is a big step forward.
Founding RedStone
In 2021, Marcin and Jakub came together again to start RedStone, focusing on improving blockchain oracle technology. They wanted to create a flexible, efficient, and affordable oracle solution to deliver accurate data for decentralized applications. Using their skills, they worked to fix the problems with existing systems and build a better option.
Early Funding and Growth
Investors quickly noticed their work. In April 2021, RedStone raised $525K in early funding, helping it improve its product and grow its team. By March 2022, after proving their first product worked, they secured $7 million in funding led by Lemniscap, with support from Blockchain Capital, Coinbase Ventures, Maven11, and other major investors.
Scaling and Industry Recognition
As RedStone grew, more investors took notice. In June 2024, they raised $15 million in Series A funding, led by Arrington Capital. Over three years, Marcin and Jakub secured strong funding and gained support from key leaders in the blockchain industry, including Stani from Aave, Sandeep from Polygon, and Emin from Avalanche.
RedStone’s Role In DeFi
In an episode of the Epicenter podcast, Marcin Kaźmierczak talks about how DeFi has changed since Chainlink launched in 2018 and how RedStone is filling the need for better oracles. As L2 rollups, liquid staking, and BTC DeFi grow, accurate and flexible data feeds are more important than ever.
RedStone now secures over $6.6 billion in assets across 60+ chains without a single pricing mistake. The discussion covers Marcin’s background, the growth of oracles, RedStone’s technology, its business model, and how it compares to other oracles like Pyth. They also talk about restaking, oracle extractable value, and the role of big investors in the oracle space.
Key Partnerships and Teamwork
RedStone has grown not just with investor support but also through strong partnerships in the blockchain industry. The company works with top blockchain projects to ensure its oracle system connects smoothly across different networks. By teaming up with major DeFi platforms and infrastructure providers, RedStone has become a trusted oracle solution for blockchain developers.
Marcin’s Contributions to Web3
Outside of RedStone, Marcin helps grow the Web3 community. He co-founded ETHWarsaw, one of the biggest Web3 events in Central and Eastern Europe. This section shows his efforts in blockchain education, bringing people together, and creating opportunities for developers, investors, and others.
RedStone’s Future Vision
RedStone wants to provide fast, reliable, low-cost data for blockchain apps, helping DeFi, gaming, and real-world assets grow. It keeps improving its oracle system to support blockchains and deliver data more efficiently. With a focus on scaling, security, and new tech like AI, RedStone aims to be the top oracle, making it easier for apps to use real-world data.
Final Thoughts
Marcin Kaźmierczak went from studying blockchain to co-founding RedStone Oracles and ETHWarsaw, making a big impact in Web3. RedStone’s oracle system is helping DeFi, gaming, and real-world assets by providing fast, reliable, and low-cost data. With strong support from investors and billions in assets, it is becoming a key player in blockchain, working to improve data solutions for the future.
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