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Is Reddcoin (RDD) Dead?




The chief goal of Reddcoin (RDD) is to become the epitome of cryptocurrency use on social media platforms for transactions such as tipping and other microtransactions. The current low value of the coin and the high supply means that it is ideal for the earlier mentioned micro-transactions. RDD is currently valued at $0.0067. The circulating supply is the entire total supply of 28.808 Billion RDD. There is no RDD locked up in escrow as is the case with XRP.

Reddcoin can so far be used to tip on Telegram, Twitter, and Reddit. The tipping is usually done when one member makes a noteworthy contribution to a discussion. This, in turn, promotes discussions with substance and a platform where ideas are shared.

But why say Reddcoin is dead?
Answer: The entry of other cryptocurrencies you can tip with on social media.

There are more cryptocurrency projects realizing the potential in having crypto being used on social media platforms.

Ripple (XRP): Any member of the XRP and Ripple SubReddit communities, has been tipped or has tipped a fellow Rippler on the platform. There is an XRP tip bot that can be utilized. Further instructions on how to use the tip bot can be found on the XRP Tip Bot Website.

Nano (NANO): Twitter has a Nano Tip bot that can be used to tip fellow Twitter members on its platform.

Bitcoin Cash (BCH): The tipping aspect of BCH is not active yet since the lowest amount of BCH that you can send is 546 Satoshi. However, CoinGeek and nChain are joining the ‘Miner’s Choice’ initiative to allow miners to have the freedom to determine if they can offer free transactions and also to lower the sending limit to 0.00000001 BCH. This means that BCH can soon be used for tipping since the transactions levels have been lowered and free transactions will also become a reality.

What next for Reddcoin if it is to fight off the competition?

The next move for Reddcoin, its team members, and fans, is simply to market the coin harder and promote its adoption in the currently available platforms of Reddit, Telegram, and Twitter. More crypto enthusiasts need to be made aware of the brilliant qualities available on Reddcoin such as the RDD ID that will allow the seamless use of your Reddcoin identity on all social media platforms. You can then tip from this one ID or even send microtransactions using ti. This will indeed be the game changer for the Reddcoin project moving forward.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange



Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited ( ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub ( ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Should Crypto Projects Devote Resources to Community Growth and Marketing?



2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata



Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub ( will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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