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“Community Points”, a popular feature on Reddit, was ceased recently.
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The Community Points service will not be available after 8th November, 2023.
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The announcement caused Reddit tokens to decrease in value.
Blockchain technology’s emergence provided platforms with the opportunity to leverage the features and utilize them accordingly. Popular social media platform Reddit has multiple examples of employing blockchain tech. While it has employed different offerings, recently the platform announced the sunset of a long-running and popular service.
r/CryptoCurrency subreddit has made the announcement of shutting down “Community Points” on October 17, 2023. The blockchain-based rewards service is unable to operate further given the scalability issues.
Highlighting the scalability concerns, a Reddit team member noted in the announcement that the platform witnessed the Community Points initiative could have future prospe
We współpracy z: https://www.thecoinrepublic.com/2023/10/19/reddit-decides-to-halt-blockchain-based-reward-points-feature/
