According to their website "Reddcoin is the social currency that enriches people’s social lives and makes digital currency easy for the general public. Reddcoin achieves 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".
To me this sounds very similar to what we are doing here on Steem. The two remind me of the competition of ipones and Adrorids. One has a little more flexibility as to what can be accessed while the other is exclusive to its site.
Is this a spin off competition where another site is trying to get a qicke buck from the success of Steem or is this healthy competition? #trvorjames
from my understanding, it isnt a social media platform like steemit but is a currency used on social media platforms.
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Nice post. I fully understand what you're talking about. Buy low, sell high, it seems so simple but most investors still don't seem to get it :-) This is quite an interesting website I found: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. Check for example: https://www.coincheckup.com/coins/Reddcoin#analysis To check Reddcoin Research report.
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