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.
This is an honest request from a forum friendly to crypto currencies. Its pretty low to go repay him by ripping off his brand without even asking. Keep the coin just rebrand it and its really not much different, call it R coin or something.
I said the same thing about koi, who cares what its called anyway
You know who gets rich off ideas like this, the lawyers. Nobody else is really going to benefit from testing copyright laws and it just adds to the bad name and reputation of all crypto transactions