Hi all
As Reddcoin reached their 3rd Birthday just a few days ago, I thought I'd share with you the Crypto I have most been involved with for the last 3 years since it founded. Full disclosure, I have held this coin from the very start and have seen its price fluctuate vastly over the last 3 years. I remember in mid 2014 when I gathered some spare parts off Gumtree (an Australian Craigslist) and built a mining rig in a milk crate. At no point however did I consider selling any of my coins, as this is a coin that I believe can provide significant societal value once awareness increases. As always do your own research
What is Reddcoin?Reddcoin is the social currency that enriches people's social lives and makes digital currency easy for the general public. Reddcoin plans to achieve this by integrating a digital currency platform seamlessly with all major social networks to make the process of sending and receiving money fun and rewarding for everyone.
YouTube LinkWhy Reddcoin?First, I love the idea of Crypto Currency as a way to give thanks within social communities. Whether thanking a YouTuber, Twitch Streamer, musician, artist, or even just a friend, I am fond of the idea of being able to give more than an upvote or a "like".
Second, I feel as though making a Crypto Currency based around social media makes it more accessible. Everyone has heard of Bitcoin, but when I consider its market sector it is in a weird situation. I know that many of those who are passionate about Crypto as the future of decentralized currency have their concerns about Bitcoin (processing time, increasing difficulty/lack of profitability etc.). In contrast, there are billions of people who are afraid of the concept of Bitcoin, think it is too complicated to setup etc. I like to consider Reddcoin as the happy medium between those two, and feel it has a lot of potential to grow as social media continues to become a constant part of day to day life.
Finally, the community around Reddcoin is very friendly and helpful. We have a great lead dev in Cryptognasher, a ReddHeads newspaper and head office in Belgium
See Here , a SubReddit of people looking to contribute, and a Slack of inner circle Reddheads who contribute their ideas on the coin daily.
ConcludingAs someone who considers Crypto to be one of my main passions and hobbies, I have seen unfathomable amounts of gimmick coins come and go in the last few years. New ideas popping up one day for an "ICO", only to have the developer give up on the project, or run off with the money. Having survived 3 years and still having a strong community, I consider Reddcoin to be different to these, and has the potential to provide a lot of value to the internet as awareness increases.
If anyone has any questions or comments on the coin and my views, I'd love to discuss with you.
Cheers