Getting to the top in the sea of different cryptocurrencies can be harsh, so ReddCoin is taking one (or more?) step further towards setting up this currency’s attainability.
Why is this so important for ReddCoin and can we actually name it that way?
What many cryptocurrencies lack and ReddCoin is currently working on is establishing attainability by adding features that would make RDD more available and open to communicate with holders. In the end, ReddCoin’s main objective is to make RDD and blockchain transactions available and possible through using social media platforms.
So, let’s see what ReddCoin has been up to these days and how these changes might affect or might have affected RDD.
ReddCoin: Speaking in Tongues
As you already know, especially if you have been following up with ReddCoin and its progress, the main goal of ReddCoin’s team of developers is to make operating with digital values simple and easy. Besides from this objective, another one of their prior goals is to make digital currencies along with the possibility of easy and fast transactions widely available.
They are working on making their goals happen by trying to introduce their own digital asset to the users that would be interested in operating with digital coins through social networks. Given the fact that you can find millions and millions of people across different social platforms online at all times, this isn’t such a bad strategy for sky-rocketing a coin.
What goes under RDD’s goal is to create a currency that is highly understandable although it there is a new technology in the center of the story. In that spirit, ReddCoin has added more languages to the table, supporting the story of easily attainable technology and even easier to use the decentralized platform.
RDD platform already supports more than several languages, and as of the recent changes, they have added Russian and Spanish languages.
Even though they have added more languages to the ReddCoin’s operating slate, RDD is still dizzily dropping while suffering from the most recent market dip and the bad news about the crypto jacking of Binance.
ReddCoin and Java API
Even though the added languages aren’t doing any good to the dropping price, although Russian and Spanish are pretty nice additions to the RDD community, maybe the new API tools could do something about it.
ReddCoin developers’ team has partnered up with Jan Hoeve in the terms of bringing new API to RDD. With the new improvements with Java API tool, Hoeve has given his contribution to the developing digital asset RDD represents. The improvement was made in form of more fluent API, that would necessarily provide easily accessible and simple, easy to use interface.
This idea could additionally improve RDD’s progress on the crypto market as well as help the team get closer to their goal by making RDD and their interface feel closer to their targeted users.
Hopefully, the change in the interface regarding the API will benevolently affect the price in the following days and help RDD recover from the frequent drops and trading in the red.
ReddCoin: Recovering After Being Dumped
If you are only observing the price of RDD and following up only with the state of the coin on the market, you have surely missed the opportunity to notice that ReddCoin is in fact slowly recovering from being dumped.
After the last, and the original, team dumped RDD as a project they were no longer interested in, ReddCoin is finally recovering behind the scenes as the new development team is working on new improvements and features.
As things are being patched up, RDD is getting more and more investors which can be noted in the coverage that has grown over the last couple of months, now resulting in the bigger network for ReddCoin. Bigger network means more investors and more investors means that eventually, a price could rise dizzily as well.
To make sure that ReddCoin and their currency would be accepted within a large community that would enjoy the perks of having fats payments on a blockchain-based platform that guarantees privacy and practices decentralization, they have decided to first build a community.
The community is named Reddcoin Global LLC and its goal is to gather as many holders and users as possible in order to make digital currency widely practiced and accepted.
ReddCoin and the Absolute Availability
The new team, with some most recent improvements that will be soon introduced to the public, is taking their goals pretty seriously. So, in order to show that ReddCoin can, in fact, become more accessible with having decentralized blockchain technology more comprehensive for the masses, the team has decided to answer all of your questions.
That’s right: on March 17th you will be able to ask the team behind RDD and Reddcoin Global LLC everything that comes to your mind. The campaign is named AMA, or Ask Me Anything and it will be hosted on Reddit.
All RDD enthusiasts, potential investors, investors, users, and holders will be able to ask anything they want to know about the coin and the platform behind RDD. This could also make a great opportunity for anyone interested in hearing what the team has planned for ReddCoin in the future.
So, if you have any questions regarding RDD and ReddCoin, mark March 17th in your calendar and get your questions ready for AMA Reddit campaign.
How is ReddCoin doing at the Current Moment?
Although the team behind RDD is working on numerous improvements that could potentially sky-rocket ReddCoin, RDD is still struggling on the market.
With the most recent drop in its price, RDD has fallen by -13.02 in the last 24 hours, which is needless to say a horrific turn of events. Although many other currencies are suffering from the market dip, this case is not a consolation for the dropping ReddCoin.
RDD can be currently bought at the price of 0.0053$ per one unit as the currency is being traded in the red at the moment.
Hopefully, the new API will set the mood and boost RDD’s growth a bit.
We will be updating our subscribers as soon as we know more. For the latest on RDD, sign up below!
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.
Image courtesy of jangkwee via Flickr
XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), 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 (market.xno.live ), 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…
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…
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 (https://xno.live) 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…