Review on ReddCoin by Xayal Safarov
ReddCoin
Reddcoin is a cryptocurrency with no centralized structure that is designed to be used on social networking sites. Its major goal is to make money acceptance in social networks easier, faster, and more effective. You can tip Reddcoin to the lucky person who owns the share if you enjoy a post on any social media network.
This incentivizes individuals to provide high-quality material for social media sites. I believe Reddcoin is the only cryptocurrency that directly targets social media sites. This eliminates the need for Reddcoin to compete, giving them an edge.
The social media network has hundreds of millions of people that follow it. If Reddcoin is successful on social media sites, I believe it has a potential to make the top ten cryptocurrency list.
Pros
- Allows for the trading of cryptocurrency via major social media platforms.
- Create a digital payment mechanism for cryptocurrency trading and content delivery businesses.
Cons
- More development and promotion of the project is required.
- This coin is not mineable.
