Hi, this is Yishan from reddit. I am the CEO of the company.
I just want to confirm that this is NOT affiliated with reddit in any way, and the developers responsible do NOT have permission to use our name or our logos. Please do not "invest" in this (it also seems a bit scammy...).
Also, if the developers do move forward with launching the coin, we will be forced to take legal action to protect our trademarks (something you have to do to avoid dilution). I don't want to do that, so I would really prefer it if the devs responsible for this would voluntarily shut down this project. Again, it is not in any way sanctioned by reddit.
Thanks Yishan. I wasn't expecting a post from the CEO of Reddit directly (or, at least someone claiming to be). Either way, Reddit has an obligation to protect it's trademark if it wants to retain it.
Edit: Actually, with the email address used for the profile, it seems like that actually is Yishan, as the email would need to be confirmed.