Bitcoin Forum

Anyone have any thoughts to share on Reading Coin - ReadingCoin.org?  (http://ReadingCoin.org?)

Thanks, looking forward to replies.
Feel free to ask any questions,

Founder - Matthew Jones

I don't know anything about these coins. I visited their website and did not find much information. If you think people should know more about this project, you can write more details about this project here. So that people will be interested to know about this project. Because no one will find any information to visit the website that will attract them.

https://i.ibb.co/0c3rvKB/20200720-234419.jpg

You are the one that introduced this coin and I doubt that there will be people who are familiar with the project. The announcement thread (https://bitcointalk.org/index.php?topic=5262969.0) was made by yours. I wouldn't spend any of my time to visit the website if the guy have already visited it and found nothing interesting.
And that picture tells about pay for a reading, what kind of consensus is that?

Just a bunch shittoken on here.

The platform/project not really worthy at all, how they will grown with only these main ideas? No one investing in these coins.

• How they can track the people who read our content? by accessing their camera laptop, that's mean your privacy could be dangerous.
• Did the content provide by you or we freely any content on the internet.
• Did you see the survey right now about a people who actually read a book or other resource? Based on the survey that's could be effected on the project, I'm not sure the project will succeed. They did not provide any information about how to work these project, just build the website the faster they can and doing som ICO

just know about this coin from you buddy,,
look like the site is very simple and i don't see any social media link there, maybe such as telegram, twitter and something else
i think you must be careful and think twice before drop your money there

That's also the first question popped up in my head. How do you know if they really read your content or not? Is it by simply dragging  or swiping down and that tends to be the sign that they have reached the end of the article? How?
 Also, the project's target audience are obvioualy the readers. Not everyone are fund of reading though. The site was too simple no other informations about the project, just an overview about it.

It is new pages so many peoples are just check the information of the coin. I think it is not a efficient in current traffic, Because in this whitepaper not much a perfect information and Road map is mentioned in milestone it is also not a perfect manner. Then everyone checked the social media information it is also not available and finally this project is not satisfy for me and So I never recommend to anyone.

Not much details about their goal. Also thinking of the concept of reading and get paid,I think it will not create a massive impact, this is just a very easy concept that most people will not buy. I think too many developers are running out of ideas to use blockchain as it is. Cause even a platform for reading is now being itnroduced.

I must say this will not be so good in the end. Sorry but that's only my opinion. Create more details and features and maybe it will be a good coin later.

Many thanks for the feedback and ideas everyone.  Some social links have been added and an about page.  It seems some more explanation for how the app will work is needed.  Basically the camera on a persons device will be used to track their eye movements to prove they have read a specific page.  This way you can create a useful proof of work, rather than mining (guessing psudorandom numbers) that contributes to society, thus giving reading coin (XED) an advantage over bitcoin in that regard. 

Still, I haven't listened about this kind of coin that is Reading coin. Maybe I thought you are falling in a scam project. If you have invested recently and loss a little bit then withdraw your fund immediately from this coin and invest like IOTA, BNT, CAPP etc.

In all of the the shitcoins that do exist in the market then i dont really have much time on knowing the names of each one of it.I havent heard about that Readcoin and basing of on the

basic definition on where you do earn token by just reading via a eye tracking software. On what point? what people do need to read on?

Also, not all people will really be willing to download any software in the net just for them to earn some shitty Readcoin!

This will be free for the user to decide, but the rating system will determine how much is earned based on the DAO voting system on quality content and its reading age.

ofcourse you never heard of this project because no publication is made for the coin, when i click twitter icon on website its redirect me to twitter account with username @matt_ideas founder of this coin ( its state on bio ) that announce his new project on 18th July. no more clear information regarding coin develoment, the founder only make a tweet about thier ICO is start


only twitter link of founder are working, the discord link are broken.

what I think about this coin is that there is no interesting information after I saw the website and I think this project not have complete details. in my opinion this is not a good coin to invest and if this project is want to succeed, then the team must make very good details and can to attract the attention of many people or the investors. please update your website again.

Yes. They should short this out to get some investors to their project. This is one of the new coin, so the team should made a clean explanation about the project. Some new traders may inverse in this coin, but to get good investor they should update their website and good marketing team to promote their project.

With lack of preparation I think people will not interest with the coin.

Even more to many new coin appear with good idea but no development.

I guess you need to develop more and run the roadmap first, and fix the website and add more information about your project. Maybe we can know your point by creating that project, and what your project can give to the people. After that, maybe we can give more suggestions to you to do a better project. The rating system will not help much, but the project's development will be the one thing for the investor to invest their money in your project.

I haven't known about reading coin before, but hitting on the site shows less information about the coin, I think you should visit their twitter page and check up there updates because good project practices good socai media updates for follow up by investors.

One advantage with this ICO it allows ICO investors in at the ground level, funding round 2 will cost at least 20x more than in the ICO, so it is higher risk but also much higher reward potentially.

We have added Twitter to the homepage.  ICO still open!

not convincing to invest there, I see the website is also not convincing, the website looks ugly, and there is no clear information,
I'm sure investors will not come

You are right, everything from the display is also unattractive and convincing. it's very bad for a business to cheat. now investors will not be fooled by this kind. we have a pretty good experience to evaluate projects that we can participate in.

New article published:

Introducing Reading Coin – The Coin set to Revolutionize Educational Funding

https://readingcoin.org/introducing-reading-coin-the-coin-set-to-revolutionize-educational-funding/

the website is not perfect yet, this is too bad for new projects, investors will also consider this bad,
not a good investment, so be careful, everyone also thinks that this is not good

Hopefully the article helped to clarify things. ReadingCoin allows people to earn reading coins while they read.  It’s that simple.  Everyone will want their reading coins to have value and therefore will want to accept them as payment, thus creating a self-sustaining currency.  Getting in on the ground floor is now possible with our ICO.  Thanks

hi, you have to complete your site before you promoting your project in this forum my friend? thats if you a part from readingcoin project buddy
because when i go to the site, its too simple without any important menu such as team, blog and many more buddy

Thanks for the feedback, we have updated our website.  It is simple but contains all the important relevant information.

I can't say anything about this token because i haven't invested here and i haven't done any research to invest. This is a ugly site and no accurate information is also suspicious so in my opinion should not be invested here. The investment should not be rushed because the amount of losses will remain which you may have to spend more money to make up.

read coins full of accuracy in detail must know how to prospect it see what news can be created ongoing development if all looks good it is likely that the investment will make a profit

Based on my investigation Reading Coin is a terrible project, with a very simple website that looks less prepared.
I believe there are no investors who are interested in investing in Reading coin. This is a lesson for team developers,
if you want to make projects, must do the planning as detailed as possible.

in its release to the public some time ago, I read a little about this coin. and that still doesn't make me sure. Even on social media, the team is less active, so they have to be careful before putting money there

Yeah and instead of posting this kind of thread they should provide their ANN thread for clarity of everything.
They cannot lure investors and supporters with this lack of details project.

Though it sounds interesting that they pay people just for reading?
this is something unique that i only read now.

Thanks to ScamViruS we have some clue what this project is about, personally I hear it for the first time. This should be done by creator of this thread, or the team, they should provide all the necessary info about this project, and it's how you attract possible investors. If they expect someone else to do their job I don't see the future for this project.

I'm not sure, but I think it's a bad project and too risky. think! better invest in promising coins. see on coinmarketcap many coins that you can choose as your investment. forget this coin and don't waste your time.

I cant see anything special to this project.
Just like what others said, it looks like another shitcoin.
So if anyone is planning to invest in this coin do a research and think carefully.

for me read full coins with pinpoint accuracy see from all angles examples of developments, updates and exchangers if all looks good it is not wrong to invest in it because when the bull run comes the coin will go up high

No, there's something special about mate although I was also curious about the concept of the project when I first read about it but after study it again I now understand the important of it.
It was created to encourage people to read especially the students cause 5% of people around the world spend their time in the library while 95% spent their time online.

This coin doesn't seem to have had any significant development, such as a new coin that still needs a lot of support to develop properly. so you can take a better look at this coin before investing

I visited readingcoin.org and was surprised to see that was clearly written at the bottom 'Powered by WordPress'...
This coin really doesn't have a good development, the team behind it is not serious about developing this coin, so don't invest in it.

   I checked their site as well, and I didn't see anything interesting there. It's nice idea, but what I don't understand is how they
will know that someone is really reading, or just keeps an open tab? I like to read, and this sounds interesting, but the fact is
they need to try to develop this idea a lot more, if they wish to do something. Like this I will not invest, or spend my time on this.