this post was submitted on 19 Oct 2023
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394
Reddit’s blockchain-based “Community Points” rewards crash after sunsetting (arstechnica.com)
submitted 1 year ago by [email protected] to c/[email protected]
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Reddit’s blockchain-based “Community Points” rewards crash after sunsetting::Tokens based on subreddit reputation saw dips over 85% after the announcement.

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[–] glockenspiel 1 points 1 year ago

It doesn't need to be someone spending money. You could earn quite a few Moons just by posting quality comments on CryptoCurrency. Moons were worth quite a lot (for being what they are) before reddit decided to end support. So, not out actual money but the potential. I am NOT a crypto advocate but did engage with the community out of interest and shitposting much like people here are doing. And I had about $600 of free Moons just sitting around. I didn't pay a thing.

But CryptoCurrency does have its WallstreetBets smoothbrains, so undoubtedly someone was longing them, buying them, etc.