Reddit is sunsetting its blockchain-based Community Points product, the company announced on Tuesday. A Reddit admin (employee) shared the announcement about Community Points, which uses the Ethereum blockchain, on a few subreddits, including r/CryptoCurrency (which had its own “moons” crypto token), r/FortniteBR (which had its own “bricks” token), and r/EthTrader (which had its own “donuts” token).
The value of those tokens has, predictably, fallen off of a cliff, as CoinDesk reports drops of between 60 and 90 percent.
I hope reddit fails
I just don’t understand people still using it. My feed here is so much more entertaining.
The only community I still visit is /nfl
The level of engagement here can’t compare to Reddit, but I did stopped posting or commenting, I’m 100% lurking and deleted my 12yo account
Apart from the big subs, there are some specialized subs that have not yet found a way out to us, which is a reason for many to stay there.
And there are private subs. I’m a member of one of the small, long-running private subs for nearly a decade now, and it is the only reason why I still have my account over there.