Part A: REAL LIFE VALUE OF PROJECT (55/100)
We see the purpose of RDD, but we doubt of people are going to pay each other for social content. The target audience are mainly young people and they are used to get online content for free.
Part B: DISRUPTIVENESS OF PROJECT (75/100)
The project is pretty disruptive by adding a layer to pay for social content, this is pretty cool and can be a great value in the near future. At the other hand, RDD is probably inspired by Steemit by having the same feature with ''upvoting''
Part C: TEAM AND ADVISORY BOARD (0/100)
The team is, in our opinion, one of the most important things as it comes to a project. The ReddCoin team is unknow, we cannot found what they did in the past or who they are. The only thing we can find are some Reddit names. This really worries us and is the main reason we will not invest in RDD.
Part D: COMPETITORS (75/100)
The only competitor we can think of is Steemit. And you are now most probably thinking: okay that's good, right? We think it's not. We think the market is not ready for a product like RDD and therefore there is no competition. So, in terms of a lot of competition, no there is not. But if that is a good sign, we think not.
Part E: WHAT IS IN THE CHARTS (45/100)
We saw a major spike in the charts over the few weeks. This is new money floating in (it also happened to Doge, and that project really has no value). We think there will be a huge sell-of soon.
Action to take: sell, do not buy anymore!