Reddit Kills Crypto Rewards Program
Due to scaling challenges, Reddit is winding down its “Community Points” program, a blockchain-based rewards system for creators and developers. The End Of…
Source: biztoc.com
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California's crypto bill reveals the fractured state of digital asset regulation
In the absence of federal action, states are leading the way on oversight—including new legislation out of California.
Source: fortune.com
Crypto Tokens MOON and BRICK Plunge as Reddit Sunsets Community Points
On Tuesday, the social news hub Reddit unveiled that it would be drawing the curtains on the Community Points project. This revelation promptly sent two…
Source: biztoc.com
Reddit-Based MOON Plunges 85% Amid Plans to Phase Out Community Points
Reddit community tokens, including MOON, DONUT, and BRICK, have shed a significant percentage of their values following news of Community Points cancellation.…
Source: biztoc.com
Reddit's blockchain-based "Community Points" tokens crash after sunsetting
Tokens based on subreddit reputation saw dips over 85% after the announcement.
Tim Rathschmidt Community Points Reddit Community Points Contributor Program Internet Archive Reddit Vaults
Source: arstechnica.com
Kraken Co-Founder Criticizes Reddit's Removal of Reward System
Kraken co-founder Jesse Powell responded to Reddit’s decision to discontinue its Community Points blockchain rewards program, arguing the company shouldn’t…
Source: biztoc.com
Reddit is killing blockchain-based Community Points
Citing scaling issues, Reddit is shutting down its blockchain-based Community Points in favor of prioritizing other rewards programs.
Tim Rathschmidt Community Points To Arbitrum Nova Contributor Program Community Points Arbitrum Nova
Source: techcrunch.com
Reddit is killing blockchain-based Community Points, launched in 2020 as a way to reward creators and devs, citing the regulatory environment and scaling issues
Reddit is winding down Community Points — the blockchain-based “internet points” program designed to reward creators and developers — in favor of prioritizing…
Source: biztoc.com
Reddit Is Killing Crypto Community Points Tokens
Reddit is getting rid of its crypto-powered “Community Points” reward tokens. The tokens were first launched three years ago in an effort to reward Reddit…
Source: biztoc.com
Reddit-Based Tokens Plunge on Report of Wind Down of Community Points
"Though we saw some future opportunities for Community Points, the resourcing needed was unfortunately too high to justify," Tim Rathschmidt, Reddit's…
Source: biztoc.com