Reddit ends Community Points; says there's 'no path to scaling it'
Social news platform Reddit has announced it will discontinue its Community Points beta and Special Memberships features effective in November. It said the…
Source: biztoc.com
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Reddit Halts Crypto Rewards Due to High Ethereum Fees
Reddit’s popular blockchain-based rewards initiative, Community Points, is set to be discontinued. Tim Rathschmidt, Reddit’s director of consumer and product…
Source: biztoc.com
Reddit is killing blockchain-based Community Points
Reddit is winding down Community Points — the blockchain-based "internet points" program designed to reward creators and developers — in favor of prioritizing rewards programs that are less difficult to scale. "Though we saw some future opportunities for Community Points, the resourcing needed was unfortunately too high to justify," Reddit's director of consumer and product communications Tim Rathschmidt told TechCrunch. Community Points, which will be phased out by early November, were promoted as a chance for Redditors to "own" a piece of th...
Source: yahoo.com
Reddit Moons and Bricks Soar After Kraken Listing
Reddit users are rewarded with the tokens based on engagement.
Source: yahoo.com
Reddit Expands Blockchain-Based Community Points System, Pioneering a Game-Changing Social Media Landscape
Reddit has announced the expansion of its innovative Community Points system, a blockchain-based reputation score that rewards users based on their…
Source: biztoc.com