Pepsi's new "PEPCOIN" is not a cryptocurrency

According to Bitcoinist, the fast-moving consumer giant PepsiCo recently announced a new reward program, called Pepcoin, with PayPal and Venmo. Pepcoin's name misleads many people, especially in the area of ​​blockchain. But in fact, the company seems to be only to promote the popular cryptocurrency phenomenon by adding the word "coin" to the name, in order to attract young people who are tech-savvy.