I’m sure we all know what its like to “accidentally” spend 2 or 3 hours on a site like Twitter, Facebook, or Reddit. Although it is quite fun and can be utilized for many things, sometimes it doesn’t pay all too well. Now, ReddCoin, a new scypt-based alt-coin, is taking a unique spin on new ways to integrate both crypto-community and mainstream social media.
So how is ReddCoin a Social-Currency?
“Reddcoin will be dedicated to one thing: tipping on social networks as a way to bring cryptocurrency to the general public.”
By utilizing what is called a tipbot, ReddCoin users can “tip” as much of the crypto-currency as they would like to their friends and fellow users anywhere in the globe using their favourite social media account. Currently, ReddCoin can tip with Twitter, Facebook, Reddit and more. Like a photo? Read a good article? Someone tweet something that made your day? Tip ‘em. Safely, securely and quickly.
A common challenge many people have is they are interested in Bitcoin and other crypto-currencies but don’t know where to begin. Now, through ReddCoin we have “a seamless cryptocurrency tipping system with all major social networks to make the process of exchanging coins simple, fun and rewarding both for the giver and the receiver.”
To my pleasant surprise today, I was formally introduced to, and kindly tipped by, the ReddCoin Community via Twitter. With the constant hustle and bustle of any social media feed today, ReddCoin takes a quite a welcoming approach that could pay off in the long run. Personally, I believe the concept has the potential to see long-term success.
As this article is being published, ReddCoin has a $520,083 market cap with 15,546,850,018 RDD on the market, trading at a fraction of a penny.