Launched in 2014, Reddcoin (RDD) is a non-ICO 100% volunteer-run decentralized cryptocurrency used to send and receive payments utilizing social media channels (like Twitter, Reddit & Twitch) world-wide as the conduit to do so, without the need to partner or formally integrate with those channels. The technology is platform-independent and available on most common hardware and operating systems. Coins are mined by a wallet using their unique Proof-of-Stake-Velocity (PoSV v2) algorithm, which incentivizes both ownership (staking or holding coin) and activity (velocity or using the coin for transactions). That same algorithm allows Redd to self-fund its operations by using a small percentage of its staking rewards to cover operating expenses. In 2020, with over 60K followers in social media (called ReddHeads), listed in over 50 countries, Reddcoin was rebranded as “REDD”. They are a social organization whose goal is to champion a movement that brings value, balance, and leverage to the masses and also rewards people for their efforts. As society and technology changes and the concepts of “work” and “income” become more and more blurred, systems need to be put in place to empower people, level the playing field, and provide stability in people’s lives. Reddcoin was created around the concept of tipping, and it still does that, but over time it has expanded its ecosystem to include features and benefits that will easily allow RDD to become broadly adopted into our common and everyday experience. This will be facilitated by the integration of globally excepted credit and debit cards, which will eventually serve as onramps into mainstream commerce and financial transactions. The platform also supports API hooks that allow eCommerce systems to integrate promotional products and service offerings.
ReddCoin | The Social Currency的外部链接
317 Commercial St NE
US，New Mexico，Albuquerque
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Crypto/Blockchain Veteran since 2010 - ReddCoin (RDD) Core Project Leader, Speaker, Educator - "Redd Prime" - reddid:techadept
Celebrating 14 years “at Bitcoin”… Just wow. Thanks, LinkedIn for the reminder! ???????? #opensource #money #freedom #knowledge #power #bitcoin #reddcoin
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Global Co-Head of Tech Sector, U.S. Head of Fintech and Head of Blockchain and Digital Assets
?? ?? WHOA! *HUGE Breaking News* The Third Circuit rule that the SEC violated the Administrative Procedures Act when denying Coinbase's petition for rulemaking w/r/t #digital assets and #securities laws. Link to the opinion is here: https://lnkd.in/e8NTKfCT Coinbase Wall Street Blockchain Alliance Canadian Blockchain Consortium The British Blockchain Association Wharton BDAP Wharton Cypher Accelerator The Wharton School Ron Quaranta David Brill Dot Play Linklaters Tech Linklaters Americas Linklaters H/T Alex Thorn on X
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Good news. It looks like that, by the end of the month, proof of stake mechanisms underlying certain blockchains (e.g. #Ethereum #Solana) will not be considered collective investment schemes under #UK law. This is a good development because the management and promotion of CIS are heavily regulated. The way a blockchain works is NOT an investment scheme. It's cybersecurity. See https://lnkd.in/eWiFsi-a
Happy New Year from the #ReddHead family! As we turn the page to 2025, let’s keep growing, sharing, and giving back—together. Here’s to a year of meaningful connections, empowered communities, and plenty of reasons to keep smiling. #ReddCoin #NewYear #2025Goals #RDD #Altcoins #Bitcoin #BTC #ETH #blockchain
“Excluded from the Broker Definition: ?? Protocol Developers: Developers of decentralized software or protocols that allow peer-to-peer transactions without intermediaries.” ??????
?? Today, the IRS and U.S. Department of the Treasury issued final regulations regarding digital asset reporting requirements for brokers. The rules build on prior regulations issued earlier in 2024, which primarily addressed custodial brokers. The final framework expands to include certain DeFi platforms while excluding non-custodial entities. TLDR - ?? Definition of Brokers Under the regulations, brokers are defined as individuals or entities that, in the ordinary course of a trade or business, facilitate the sale or exchange of digital assets for others. This definition establishes who must comply with the reporting requirements. Included in the Broker Definition: ?? Centralized Trading Platforms: Platforms that directly facilitate sales and exchanges of digital assets for customers. ?? DeFi Front-End Service Providers: Platforms that offer interfaces to execute digital asset transactions on decentralized financial (DeFi) networks and directly engage with customers. Excluded from the Broker Definition: ?? Protocol Developers: Developers of decentralized software or protocols that allow peer-to-peer transactions without intermediaries. ?? Wallet Providers: Non-custodial wallet providers that allow users to store their digital assets without facilitating sales or exchanges. ?? Operators of Decentralized Protocols: Entities managing the underlying blockchain technology or protocols that are not intermediaries in transactions. ?? Entities that do not have access to the transaction data required for reporting, such as protocol developers or wallet providers, are explicitly excluded. ???? Application to DeFi Services DeFi platforms that directly interact with customers to facilitate digital asset transactions are classified as brokers under the final regulations. Specifically, this applies to platforms providing front-end services that enable customers to execute sales or exchanges on decentralized networks. This part of the definition will cause concern among some DeFi platforms despite the fact that IRS attempts to limit the blow by excluding protocols. ?? Reporting Requirements Brokers must file Form 1099 with the IRS, detailing the gross proceeds from digital asset sales or exchanges facilitated for customers. Reporting applies to both centralized and decentralized platforms that meet the definition of brokers. Brokers must provide payee statements (Form 1099) to their customers, outlining the gross proceeds from taxable events. Reporting is required for taxable events such as sales or exchanges of digital assets but does not apply to simple transfers of digital assets between wallets or accounts. Now to implementation and enforcement which is likely going to be a challenge particularly for decentralized services that, while may operate front ends, may still not have ready access to the information required. ?? Read the full regs here: https://lnkd.in/e4PzAHRW
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In a world of #blockchains chasing #profit, we’re here chasing purpose. #Crypto isn’t just about markets—it’s about empowering #communities, one #microtransaction at a time. #PayItForward #ReddCoin #CryptoForGood #BlockchainCommunity
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Founder & CEO of 100 Franklins — The Next-Gen Crypto Launchpad for Long-Term Profit and Support
Do you feel that the world is on the brink of global changes—ones the crypto community has been anticipating for years? We’re talking about the global adoption of crypto ??? The recent U.S. elections marked a turning point. Trump’s team officially announced plans to accumulate Bitcoin as part of the country’s reserves alongside gold. This is a step that few would have expected from the world’s leading economy just a year ago. Bitcoin, long considered a purely speculative asset, is now transforming into a strategic financial tool. As other countries follow the U.S.'s lead—and many are clearly preparing to do so—this could mark the beginning of a new era. The global financial system, traditionally built on conventional assets, is poised for a radical transformation. Bitcoin will lead this shift, with other cryptocurrencies joining in, and the world will never be the same. We’re incredibly excited to be part of this pivotal moment, bringing to market a product that will set new standards for the industry. We believe the 100 Franklins platform will become a key tool for both companies and investors, enabling sustainable, long-term growth for everyone involved ?? #100F #web3 #crypto #fintech #innovation #sustainability
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Crypto/Blockchain Veteran since 2010 - ReddCoin (RDD) Core Project Leader, Speaker, Educator - "Redd Prime" - reddid:techadept
More households use crypto than buy now, pay later, according to the FDIC's latest survey on un- and underbanked households: The data, collected in June 2023, show that just 3.9% of households reporting using a pay-in-four-style buy now pay later service in the prior 12 months. By comparison, 4.8% of households reporting using or holding crypto in the prior 12 months, with the vast majority, 92.6%, indicating they did so as an investment. Other key findings: -the overall rate of unbanked households dipped to 4.2%, though this wasn't a statistically significant change from the last survey in 2021 -there remain significant differences in the rate of unbanked households across demographic groups, with the unbanked rate of Black, Hispanic, and American Indian/Alaska Native households remaining four to six times as high as for White households -of households who did not have a bank account but were interested in having one, the single biggest blocker they cited was not having enough funds to meet minimum balance requirements -mobile banking is the most common primary method by which households managed their accounts, with nearly half (48.3%) citing this as their preferred method — a nearly 43% point increase since 2013 (for frame of reference, the iPhone first launched in 2007)
Head of Industry, Banking/Fintech @ Taktile | Publisher @ Fintech Business Weekly | Board Advisor
More households use crypto than buy now, pay later, according to the FDIC's latest survey on un- and underbanked households: The data, collected in June 2023, show that just 3.9% of households reporting using a pay-in-four-style buy now pay later service in the prior 12 months. By comparison, 4.8% of households reporting using or holding crypto in the prior 12 months, with the vast majority, 92.6%, indicating they did so as an investment. Other key findings: -the overall rate of unbanked households dipped to 4.2%, though this wasn't a statistically significant change from the last survey in 2021 -there remain significant differences in the rate of unbanked households across demographic groups, with the unbanked rate of Black, Hispanic, and American Indian/Alaska Native households remaining four to six times as high as for White households -of households who did not have a bank account but were interested in having one, the single biggest blocker they cited was not having enough funds to meet minimum balance requirements -mobile banking is the most common primary method by which households managed their accounts, with nearly half (48.3%) citing this as their preferred method — a nearly 43% point increase since 2013 (for frame of reference, the iPhone first launched in 2007) Full analysis in Sunday's Fintech Business Weekly -- you know where to find it.
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Crypto/Blockchain Veteran since 2010 - ReddCoin (RDD) Core Project Leader, Speaker, Educator - "Redd Prime" - reddid:techadept
If you're wondering what's happening with #Bitcoin and the wider crypto landscape, there’s more in motion than you might think. Yes, the incoming Bitcoin-friendly administration has provided a timely catalyst, but that’s not the full story. The key narrative here is twofold: First, we’re over six months post-halving, and that’s created a classic Bitcoin supply shock. With new supply slashed, demand at current price levels can't be met. In crypto economics, that means one thing: prices need to rise until a new supply-demand equilibrium is found, fueling the next market surge. But it’s not just about Bitcoin. Enter #ReddCoin (#RDD), which plays a complementary role in this ecosystem. As a social digital currency designed for rewarding and tipping across social platforms, ReddCoin offers unique value as the world shifts towards decentralization and digital assets. RDD enables users to engage, tip, and reward in ways traditional finance doesn’t, making it a natural fit in the post-halving bull market where the crypto spotlight grows broader. ReddCoin’s innovative proof-of-stake technology also supports community-driven staking, helping to secure its blockchain while users earn rewards. With RDD, we’re seeing the rise of a utility token that empowers social interaction, creating real-world value outside of mere price speculation. This bull run isn’t just about price bubbles. It’s about the evolution of digital assets like ReddCoin, which bring tangible use cases to crypto. So as Bitcoin captures the headlines, remember that ReddCoin is redefining how we connect and reward each other in the digital age. Welcome to the post-2024 halving bull market—and beyond. It’s not just Bitcoin going higher; it’s the whole space, with ReddCoin here to shape the future of social currency. #Bitcoin #ReddCoin #Crypto #BullMarket #DigitalAssets #Halving #SocialCurrency #CryptoEconomics #Blockchain