Phore Blockchain and Reddcoin Announce Partnership With Phore Marketplace

For Immediate Release: Gibraltar, June 12th, 2018 — Phore Blockchain, a leading cryptocurrency and Blockchain platform, announced today a partnership with Reddcoin, a decentralized digital currency used with major social media platforms.

Phore Blockchain launched an open beta decentralized Marketplace in March 2018, supporting the Phore (PHR) digital currency. Upon full launch of the Marketplace, Phore will integrate Reddcoin (RDD), enabling both PHR and RDD to be used for eCommerce. This partnership will benefit both the Phore and Reddcoin communities by delivering a real-world use case with more flexibility, and a combined larger user base for buyers and sellers.

Image for post
Image for post
Phore Blockchain and Reddcoin announce partnership with Phore Marketplace

Phore’s partnership with Reddcoin will create more flexibility to buy and sell goods and services in the Marketplace for holders of both PHR and RDD, as well as give vendors more options as to which currencies to accept,” said Co-CEO, Thomas Ambler. “Reddcoin’s user base, combined with Phore’s users base creates a more powerful and flexible eCommerce experience.”

“We are very excited about the partnership with Phore Blockchain and what it brings to the Reddcoin community,” said CTO, John “Gnasher” Nash. “In addition to RDD being used with major social media platforms, the Phore Marketplace will provide more options for RDD holders to engage in decentralized eCommerce adding increased utility to RDD.”

eCommerce is live and active today in the Phore Marketplace and new buyers and sellers are encouraged to list goods and services for sale and shop for the many items available now. The open beta Phore Marketplace dApp is available for download from the website at:

About Phore Blockchain: Phore Blockchain enables the transfer of value across an accessible, standardized ecosystem that is secure, flexible and scalable. The platform supports a variety of applications and ventures which accord a growing range of capabilities including reliable and fast transactions that are either transparent or private, rewards for network participation, a decentralized marketplace, decentralized applications (dAAPs), and offers accessibility and usability. Phore Blockchain also offers blockchain technologies and services for B2B clients. Learn more at

About Reddcoin: Reddcoin makes digital currency easy for the general public. By integrating a digital currency platform seamlessly with major social networks, sending and receiving tips to content creators and other micro-transactions are cheap, fast and rewarding for everyone. An ecofriendly utility token that provides 5% annual rewards for nodes securing the RDD Blockchain, Reddcoin provides a simple mechanism to tip using names instead of complex addresses. Reddcoin is dedicated to one thing — tipping on social networks as a way to bring cryptocurrency awareness and experience to the general public. As social networks are now part of our everyday lives, they give every person on the planet a fair chance at showing the world how awesome each of them are. Getting an upvote, like, or retweet for your well-received comment or picture is fun, but unfortunately, they have no real value. Fortunately, there is now something better than imaginary internet points — Reddcoin. Learn more at

Image for post
Image for post

Written by

Innovating Distributed Ledger Technologies for real-world use with the vision of sustainable, decentralized commerce on a global scale.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store