ReddCoin (RDD)

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Name Price Supply Volume Market Cap
reddcoin
Reddcoin
$0.0013
29.30B RDD
$108,526.00
$37.69M

TRENDING

Nothing earth shattering in the cryptosphere at the moment. Check back soon!

QUICK STATS

Proof of Stake(PoS)
Upbit
Bittrex
Vebitcoin
Reddcoin is a “social currency” that allows the public to use digital currency with ease. Reddcoin aims to accomplish this by integrating its digital currency platform with all of the major social networks in order to make the process of sending and receiving money fun and rewarding for those who use it.
Reddcoin aims to attract anyone who uses social media platforms, creates content, or uses content. The idea is similar to DOGE in regard to the tipping aspect between those who create content and those who interact with it, except this system is to be integrated with major platforms and easy to use, not only rewarding the content creators but those who use it.
DogeCoin(DOGE), Bitcoin(BTC), Ethereum(ETH)

VIDEOS

BACKGROUND

Whitepaper Summary
Although they have a professional site and a lot of content to review, they do not have a “Whitepaper”. They have bundled what would normally be in a white paper into their Road Map. They are very vocal about the coin, its goals, its utility, and its progress, but they do not have others label an official “Whitepaper”.
Problem Solved
Many social media platforms have their own form of transferring cash between users. The problem with these is they are platform specific and require the user to setup an account with each platform in order to use it. ReddCoin aims at making their coin usable between platforms, and not just allow the user to send money to those they know, but also “tip” other users for the content they put out, without dealing with transaction fees.
Competitive Edge
While there are coins like STEEM which platform are specific, and BTC, which takes time to send and will have transaction fees, REDDCOIN is usable between platforms and does not have transaction fees. The system is already active on Twitter, Reddit, Twitch, and Justin.TV
Development Roadmap
Although they have a very detailed Roadmap for 2016 – 2017, they do not currently have roadmap that covers 2018 and beyond.

INITIAL COIN OFFERING (ICO)

February 2, 2014 Reddcoin was released after their IPCO (Initial Public Coin Offering) came to a close.
N/A
$100,000 USD
Reddcoin was created on Jan 20th, 2014, as a PoW cryptocurrency.

TEAM INFO

Creators / Founders
John Nash and Leonard Simonse
Core Development Team
John Nash
Lead Developer

Leonard Simonse
Core Developer

Samuel Gosling
Tibbot Guru and Physicist

Ryan Colditz
Art Director and Designer

Daniel Platten
Social Media and Coordination

Jason Brink
Marketing

Notable Advisors
Jay Laurence
Advisor / Moderator
Notable Investors
N/A

Trade Crypto Live Sentiment

As a concept, this coin is excellent. Zero transaction fees are a huge plus, and with American culture being one that emphasises “tipping” I can see this coin taking off huge once a large platform integrates it, such as YouTube or Facebook. I am not a huge fan of the fact they do not have an info out on their future endeavours, however, with the price hovering around 100 sats, and combining that with the purpose of the coin and the communities they do have, I think this coin is a steal right now. We still have yet to see crypto hit the mainstream, and when it does, coins like Reddcoin, coins that make it easy for consumers to use, will take off exponentially, whether the masses think they are special or not. Ease of access is king when it comes to crypto, and Reddcoin has done that. They just need adoption.
Reference & Links
https://coincentral.com/reddcoin-rdd-beginners-guide/
https://www.reddcoin.com/wp-content/uploads/2016/09/ReddcoinRoadmap_2016-2017.pdf

ReddCoin (RDD): A Dollar Price Goal For HODLing


https://coincheckup.com/coins/reddcoin/