Reddit

Reddit to launch Ethereum-based tokens for cryptocurrency and Fortnite subreddits

Reddit to launch Ethereum-based tokens for cryptocurrency and Fortnite subreddits

Reddit, the popular online forum, is beta testing two Ethereum-based tokens for users to earn rewards for contributing content, The Block has learned. The two tokens, one named $MOONS and other $BRICKS, will be issued to members of the subreddits /r/Cryptocurrency and /r/FortniteBR, respectively, as part of Reddit’s new initiative called “Community Points.”  “We continuously …

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Reddit May Use Ethereum for a New Token-Based Points System

Reddit May Use Ethereum for a New Token-Based Points System

Reddit is experimenting with recording points and perks on a blockchain. According to a user post on the social media platform and confirmed by a company spokesperson, Reddit is experimenting with “Community Points” – a new system for subreddits (communities) that gives power users extra benefits. These Community Points are apparently stored using Ethereum’s ERC-20 …

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