Reddit is bringing its tokenized Community Points to more subreddits

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Social network Reddit is expanding its Community Points beta, allowing any subreddit to request the ability to create its own token.
On Wednesday, Reddit released a waitlist for subreddits that wish to do so and has provided more information about Community Points on its website.
Community Points can be handed out as rewards for users who are active in the community. They can be given out based on the number of upvotes a community member receives within that subreddit, whether that’s for a post they made or comment on somebody else’s post.
Each subreddit can have its own Community Points, with a custom name, token and symbol. They can have value too and can be sold for other cryptocurrencies (and then fiat money if so wished).
According to Reddit, Community Points are about building a reputation. “But it’s not limited to Reddit either. Because your Points are on the blockchain, you can take your reputation anywhere you want on the Internet,” the company says on its page.
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