In this DSound exclusive audio, we talk ReddCoin (RDD) and OmiseGO (OMG) in this 22nd Cup of Coffee 'N Crypto.
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We go more into detail about the following information and more:
ReddCoin (RDD)
ReddCoin has been around since 2014 and aims to become the social currency because of its focus on tipping on different social media sites.
You can tip users and content creators on mainstream social media platforms such as Facebook, Twitter, and YouTube with cryptocurrency with ReddCoin.
It uses a new consensus mechanism called Proof of Stake Velocity (PoSV) which combines coin-aging functions to encourage velocity of the currency in a way that also encourages ownership through staking (called minting with ReddCoin).
Is the new integration into Minecraft where you can mine ReddCoin while playing Minecraft driving the price up?
More information in audio.
OmiseGO (OMG)
OmiseGO is a blockchain movement that focuses on helping those without bank accounts to be able to transact and have access to "banking features."
It allows for the transfer of fiat, cryptocurrency, and digital assets through a decentralized chain based on the Ethereum blockchain.
They are focusing on the 73% of Southeast Asia that does not have access to traditional banking. As a result they just signed a Memorandum of Understanding with the government of Thailand to develop a nationwide payment and digital identity system built on the OmiseGO network.
Is this newest agreement boosting the price?
More information in audio.
Hope this DSound audio helps provide value to you while you navigate this cryptospace.
Other Cups in this Series:
- Cup #21: POLY & VEN
- Cup #20: LINK & XVG
- Cup #19: XEM & ENG
- Cup #18: ETC & GXS
- Cup #17: CVC & LSK
- Cup #16: AGI & CNX
- Cup #15: R & SNT
- Cup #14: NAS & XRB
- Cup #13: PPT & ICN
- Cup #12: KCS & Dragonchain
- Cup #11: RaiBlocks, DigixDAO, & AE
- Cup #10: IOST, PART, & Hshare
- Cup #9: CND, SRN, & NXT
- Cup #8: Stratis, NEO, & PPY
- Cup #7: NEBL & SC
- Cup #6: NEO, GAS, & STRAT
- Cup #5: EOS, STEEM, & BTS
- Cup #4: SMARTCASH & VEN
- Cup #3: XRP, ARK, ARD, & BNB
- Cup #2: TRON, EOS & BTS
- Cup #1: Cardano, XRP, & TRON
Much love and appreciation for your time and attention.
Sources:
- https://www.reddcoin.com/
- https://www.reddcoin.com/#Resources
- https://coinmarketcap.com/currencies/reddcoin/#charts
- https://wiki.reddcoin.com/index.php?title=Main_Page
- https://www.reddcoin.com/papers/PoSV.pdf
- @offgridlife/is-it-possible-to-mine-reddcoin-on-minecraft
- https://omisego.network/
- https://omisego.network/#about
- https://cdn.omise.co/omg/whitepaper.pdf
- @danyelk/your-crypto-news-on-steemit-february-20-2018
- https://coinmarketcap.com/currencies/omisego/
- https://hackernoon.com/omisego-omg-real-problems-real-solutions-everything-you-need-to-know-8-reasons-to-buy-92551527c0a7
Image Sources:
- Blog header created by myself
- Screenshots by myself from coinmarket.cap.com
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