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Reddcoin: When Social Media Meets Crypto Currency

Tech & Gadgets

The world’s first crypto coin which is dedicated to tipping on social media. Have you ever wanted to give a little “thank you” to all the people helping you on twitter? Or the fans following and retweeting your tweets?

We are all familiar with the following situation; you’re planning a trip with your fiancé for the coming weekend, you want to know which is the best Italian restaurant to go. Since you believe in the power of the crowd, you tweet and ask your followers “What is the best Italian restaurant to go to?”. And what happens almost immediately? Dora tweets a suggestion for you, describing the delicious salmon pizza she just had at Marco’s Trattoria, which is to die for.

Since you are a person that values such quick, qualified, and personal responses, you ask yourself;

“How can I quickly repay a follower for helping me?”

This is where Reddcoin comes in. Just imagine with a simple tweet like:

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Reddcoin: When Social Media Meets Crypto Currency image Screen Shot 2014 03 03 at 4.01.08 pm 600x255

You can now tip your follower, Dora, with real money for helping you out! So I am sure you have some questions in mind, like what is 2000 RDD worth? 2000 RDD currently has a value of  approximately 10 cents USD, which is subject to change over time.

  • What is Reddcoin ?

Reddcoin  is a crypto currency like Bitcoin. Reddcoin varies as it is dedicated to tipping on social networks as opposed to paying for goods and services online like Bitcoin. The founders of Reddcoin believe tipping via social media is the way to introduce the concept of crypto currency to the general public.

  • How do I  get started and get my first Reddcoins?

First, download your wallet to manage your Reddcoins, once downloaded, your wallet is unique to your computer (Windows, Linux and Mac are all supported). To get your wallet started you can get some Reddcoins by mining them with your computer, this utilizes its GPU. The method I use for obtaining Reddcoin is from exchanging with other members. I got my first Reddcoins by joining the Reddcoin Community, someone donated them to help me get started.

  • How to tip people with Reddcoins on Twitter?

To be able to tip people with Reddcoins on Twitter you need to follow the Reddcoin Twitter bot and load your Reddcoin wallet with some coins. You can find  the perfect guide and a “How2″ on Reddcoins main website, which explains all the details and possibilities.

Overall, I must say  the concept of tipping people that are helping me or retweeting my blog-posts is outstanding. Tipping is a great way to show your respect and sincere thanks for their favor. I agree with the ideals of Reddcoin as a crypto currency as it allows an easy and reliable way to send money between friends and followers alike.

Comments on this Article: 7

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  1. Anthony says:

    Reddcoin is the first cryptocurrency with solid plans to expand on Social Media which will add fuel to its fire.

    I will certainly start b investing in Reddcoin because of its very promising future, and I’m certainly not gonna miss on this train…

  2. Daniel says:

    Nice to see that Business2Community is on the leading edge. Reddcoin is growing fast, but is still very much below the radar now. Any business owner can work Reddcoin tipping into social marketing plans without spending a lot of bread (i.e., Bitcoin). Thanks to the programmers in the Reddcoin community, a business owner can tip customers or prospects on Twitter – or send a tip as a “Thank you” to a new follower.

    Facebook functionality coming soon!

  3. Jacob says:

    Reddcoin is a premined scam coin created solely for the purposes of making the creators rich. The reddcoin creator, Rami Abramov, is everything that is wrong with cryptocurrency.

  4. Oh this are harsh words, What you mean by premined scam there was some premining for IPCO investors which allowed to put the coin to life and into existence.

  5. Nate Doge says:

    Haters gonna hate…
    Go hear Rami Abramov speak at the cryptocurrencyconvention.com

  6. Juergen Hoebarth says:

    Yes i have heard as well that the founder will speak at the conference will be interesting what he has to say.

  7. TY says:

    Next thing you know “likes” on Facebook will be trading as some form of crypto currency….with all these CC’s coming out now, it’s either a sure sign that it’s here to stay…or like the stock market or housing market…when everyone is “in”…you’ve reached a proverbial bubble….

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