Rebellious: A Community Centered Coin

Rebellious is a new cryptocurrency that aims to build a strong community. Supposedly their Genesis began in Spring 2017 after watching multiple failed ICOs. They will be giving away the majority of their coins to those who are willing to sign up. The sign up will continue until 12/31/2017.

In order to build that community, they will use “proof of airdrop”. I don't know what that is. Of the nearly 400 million coins, the development team will keep 5%. Scheduled airdrop coins which are not airdropped will be burned. 50 million tokens will be given away for people who help build the coin and the project.

It's an ERC20 token that is based on Proof of Stake. You will earn interest on the coins you keep in your wallet. While you can use any ether wallet for your drop, you will only earn interest for coins kept in the Rebel Wallet. The maximum earned is 10% in a year. Even Wall Street can't give you those types of returns. So part of me wonders about the sustainability of the project.

I thought about joining, but the barrier for entry was too much for me. You will have to create an account for their community, follow and tweet on Twitter, join their Telegram community, join their forum, join discord, post on Facebook, post on Reddit, leave a message on Cryptocompare, validate them on coinmarketcal, switch your avatars to their avatar and do something else like make a video, drawing or anything. I don't even own that many social media accounts. I can't lie. This is an effective and cheap marketing campaign. I saw them on Twitter and took a peek.

Their planned usage for the coin is e-commerce. Their tentative roadmap plans to integrate the coin into a multitude of shopping carts such as WooCommerce and Shopify. Potential members should know that they also plan to shift the coin to another blockchain in the future to deal with any scalability issues. Ethereum does have scaling issues.