Read all about it at the above link. There’s way too much to process here. This is going to be wild.

  • Rhodin@lemmy.world
    link
    fedilink
    arrow-up
    26
    ·
    11 months ago

    So, they’re saying they’re going to pay people to post and mod, but in a cryptocurrency whose value isn’t listed here? I’ll bet someone’s already coding a whole bot forum to get all the community points.

    • SlopppyEngineer@discuss.tchncs.de
      link
      fedilink
      arrow-up
      6
      ·
      11 months ago

      Points are not an investment opportunity, and any exchanging, listing, selling, or trading of Points is against Reddit’s Previews Terms of Use

      That’s what they call breaking out of the walled garden. You can’t sell the things so they have no value.

      • Fisk400@lemmy.world
        link
        fedilink
        arrow-up
        4
        arrow-down
        1
        ·
        11 months ago

        Community points isn’t supposed to be valuable. This is about making people start a vault/wallet and engage in crypto in a way that is fun and non threatening. They already tried it with the avatars but I doubt it got a whole lot of traction. At some point the real crypto currency will appear and suddenly reddit will have a platform with a couple of millions users that already has a wallet set up and ready. That will make reddit one of the biggest crypto platforms on the internet.

        This is also what the API thing was about. Third party apps didnt/couldn’t include the vault on their apps so a lot of user didn’t even know the vault existed until now.