ReddCoin is a social-focused cryptocurrency that lets people share, tip, and donate to others worldwide through popular social media platforms. Its ecosystem brings together multiple products designed for the overlap between social media and blockchain.

RDD is the native currency of the project. It works as a utility token that can be used to compensate content creators for their work across major social networks. RDD also has an important part in the network’s consensus process.

What are ReddCoin’s key features and how does it work?

The ReddCoin lineup includes the ReddNetwork, ReddBot, ReddShare, and RedWallet.

ReddNetwork is the project’s own blockchain, serving as the foundation for the other products. It is a secure, decentralized P2P blockchain. The network runs on a dedicated Proof-of-Stake-Velocity (PoSV) consensus model. This is designed to encourage RDD holders to stake their coins and collect rewards for helping secure the network. The network is self-funded and managed by volunteers

ReddBot is a tipping tool that enables users to tip their preferred creators with RDD. The bot is supported on five social platforms: Twitter, Reddit, Twitch, Telegram, and Discord. It can also be connected to live video streams and group chats. Using a selection of basic commands, users can carry out common actions-for instance, checking balances, sending tips, withdrawing RDD, and more through the right command.

ReddShare is Redd’s next product and acts as an advertising platform. Users-such as artists, brands, and content creators-can promote their content through the service. Promoters are able to publish posts and advertisements, then distribute them within the platform. Other users, including influencers on social media, can further boost that content. These supporters, called sharers, earn RDD rewards for helping spread the message.

The Redd ecosystem also includes the Redd Core Wallet. It supports Windows 64-bit, Windows 32-bit, macOS, and Linux OS 64-bit. With the wallet, users can send, receive, store, and earn RDD. By staking RDD through the ReddWallet, users can earn up to high-yield APY.

Where can you buy RDD?

RDD can be traded on the following CEXs and DEXs listed here. The best-known venues with the highest liquidity include MEXC Global, Gate.io, and KuCoin. RDD’s price may change based on the exchange you choose and broader market conditions. For current and historical information on RDD market prices, please check the price charts on this page.