Reel Mood Wallet Launch

What is the Reel Mood Wallet?

The Reel Mood wallet is an app that allows users to hold RMD tokens they buy on an exchange, earn from the platform or receive from friends and family.

What will be the incentives for holding RMD tokens in the wallet?

Future releases will allow users to earn interest from holding their tokens. Reel Mood will offer a Proof of Stake POS for all users. POS will offer guaranteed returns and a predictable source of income unlike the proof-of-work system where coins are rewarded through a mathmatetical process with a low probability of paying out.

How does it work?

The standard method for staking are usually holding coins in your wallet or locking them in a smart contract (masternodes).

What is available in this Beta version of the Wallet?

Users will be able to hold their RMD tokens after buying them from an exchange.

Is the Reel Mood Wallet Secure?

  • 2FA won’t let hacker access your account from another device.
  • Transaction limits won’t let anyone withdraw all your money at once.
  • Multisig confirmation will send verification messages on your three registered emails to perform a transaction. The funds will be released only after receiving confirmations from all addresses.
  • In addition, a majority of funds are stored in an offline cold wallet, which hackers can’t access.

How to enjoy your crypto secure and easily

  • Sign up for the app with your email or mobile phone.
  • Create a PIN code on the app for basic protection.
  • Click the “Add Wallets” button on the app and choose the coin you want.
  • Deposit coins on your address and enjoy your wallet.

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Reel Mood is a live streaming platform for musicians and entertainers that rewards users and streamers using Blockchain technology | https://www.reelmood.com/

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