Reddcoin is building a digital currency platform that can be integrated with major social media networks. It will allow users to send and receive crypto as tips for sharing content. Reddcoin uses a minting process instead of mining and has a Proof of Stake Velocity (PoSV) consensus mechanism.

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The Hive blockchain is an open-source, community-driven blockchain that was created as a fork from the Steem blockchain platform. Hive is a social media platform that was created by a group of Steem community members, after an alleged attempt to monopolize the popular content platform by Justin Sun, the founder of the Tron network. Hive has a DPoS consensus mechanism, with very fast transaction times of under 3 seconds.