Popular forum site Reddit introduced the Ethereum-based “Community Points Beta Program”, where members can be “part” of the community with “private tokens” that they can use in subreddits.
Reddit has shared the Community Points System with its previous post. In the Arbitrum protocol on the Ethereum layer-2 network He said he would.
Subreddits are sub-topics created by users on Reddit, where discussions and conversations are organized.
Reddit has released a new website featuring the Community Points beta system. Users can sign up for the waitlist with the form created by Reddit. Reddit users will be able to benefit from the native cryptocurrencies of the system connected to subreddits.
Reddit about the Community Points beta program:
It will be the first step to a different future for online communities. These tokens are blockchain based so they really belong to our community. In the future, our community will be able to take advantage of more possibilities… both on Reddit and outside of Reddit.
Reddit users, “While spending time with the community, they can both earn money and benefit from special content” stated. With community points, Redditors will be able to purchase exclusive memberships and rewards, and highlight good content and conversations. In addition, Redditors will be able to use surveys and systems within the “Community Score” process.
In Reddit ads “All subreddits can create their own ‘Community Rating’ with custom name” statements are included.
Also, Reddit says that point systems are in communities. “reputation indicator” He thinks people will want to have it because he has it. Reddit said, “Community ratings appear next to usernames on subreddits; For this reason, users with high activity will be easily noticed.”