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
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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.
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