THELOGICALINDIAN - The accepted appointment and account accession web aperture Reddit has appear the firms Association Points beta affairs area Reddit users can own a allotment of their association with custom tokens for subreddits
Blockchain-Backed Reddit Community Points: ‘The First Step Towards a Different Future for Online Communities’
At the end of July, Reddit announced that the platform’s Community Points arrangement would advantage the Layer 2 (L2) agreement Arbitrum. This week, Reddit appear a new website that appearance the Community Points beta program, which says that Reddit assemblage will be able to advantage built-in crypto assets tethered to different subreddits. At the time of writing, there is a waitlist and users can sign-up via a form Reddit created.
“Community Points are the aboriginal footfall appear a altered approaching for online communities,” Reddit’s description of the new beta affairs notes. “These tokens alive on the blockchain, which agency they are absolutely endemic by the community. Over time, your association will account from alike greater ascendancy and independence… on and off of Reddit.”
Reddit says that users can “Earn article admired for all the hours you put into your community, [and] alleviate appropriate features.” Redditors can “buy association appearance with Association Points, like appropriate memberships and awards, [and] animate bigger agreeable and conversation,” the aggregation details. Furthermore, Redditors can use acclamation and systems to amount out the Association Points administration process. Reddit’s website adds:
Cryptocurrency Subreddit Likes the Community Points Concept, Most Popular Bitcoin Subreddit May Not Be Too Fond of Ethereum-Based Subreddit Tokens
In addition, Reddit says that bodies can “own” their acceptability as the credibility arrangement will be a “measure of reputation” in a assertive community. “In the subreddit, they are displayed abutting to usernames, so the better contributors angle out from the crowd,” Reddit explains. Association Credibility accept been discussed in specific forums like the subreddit r/cryptocurrency and a abundant cardinal of the subreddit’s subscribers admired the idea.
It will be absorbing to see whether or not r/bitcoin accouterments a Community Points badge as discussions of another crypto assets are banned from that subreddit. Moreover, abounding r/bitcoin subscribers are not too addicted of the blockchain Ethereum so application it for a Community Points arrangement could be advised hypocritical. It’s safe to say that abounding added crypto and non-crypto-related forums on Reddit will acceptable accept no issues application the Ethereum-based Community Points program.
What do you anticipate about Reddit introducing the new Community Points affairs area subreddits will be able to actualize their own custom tokens? Let us apperceive what you anticipate about this accountable in the comments area below.
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