Company Information

Get to know ReddCoin (RDD) & Project Redd

Launched in 2014, ReddCoin (RDD) is an open-source, decentralized cryptocurrency focused on social tipping and micropayments. Its mission is to facilitate the seamless appreciation and transfer of value across social media platforms, effectively becoming the "social currency" of the digital age. The project utilizes a unique consensus algorithm called Proof-of-Stake-Velocity (PoSV), which encourages both staking (ownership) and activity (velocity), rewarding users who actively participate in the network. Project Redd is a community-driven initiative managed by a core team of developers and volunteers dedicated to maintaining the network and developing tools like ReddID for easy social media integration.

Industry

Crypto CryptocurrencyPRIMARY

Contact

Social

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ReddCoin (RDD) & Project Redd

United States

Founded in

02 2月 2014 (12 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.