Active Reddit users will receive ERC tokens in exchange for high-quality content and popularity in the community.
This was announced by a Reddit engineer under the pseudonym Rahul on Twitter.
Karma Points is
a Reddit reputation systеm that helps weed out low-quality content and aggressive users. Reputation balls work like likes and dislikes in any popular social network. The more people put a plus sign under your post or comment, the higher your karma score, and Reddit promotes you more often. Conversely, if a user’s posts or comments have scored a lot of dislikes, then his karma score drops. Users with too low a karma score can get into a shadow or absolute ban.According to the calculations of the Reddit team, this initiative will be able to attract up to 500 million new users.
Earlier, in 2020, Reddit has already launched a beta version of the reward systеm.
Two thematic forums, r/FortniteBR, and r/Cryptocurrency have created their own tokens on the air — BRICK and MOON, respectively. Participants could earn money for publishing high-quality content and being active on the forum. Tokens were used to conduct or participate in voting, encourage other users, and transfer funds.As a wallet, the Vault platform was created with which the user could view his balance, receive and spend coins.
