Crypto News

Reddit has launched a cryptocurrency loyalty program

The popular social platform Reddit has announced the launch of a new system of remuneration based on Ethereum.

Beta reward program provides for a release of two tokens on the basis of the Ethereum blockchain – MOONS and BRICKS. Users can earn these tokens for the creation of quality content.

In the presentation of the new project, representatives of Reddit noted that the new tokens will be used to purchase premium features. During the beta coins will be distributed among the members of the subreddits r/Cryptocurrency and r/FortniteBR.

To help you identify potential errors, Reddit invites security researchers to help find vulnerabilities in the points community.

Tokens will be released in Ethereum, so a Reddit user will not have access to them. Users will be able to freely exchange these coins and bring them to any Ethereum address.

To view and manage the balance sheet, the company has created a platform Vault — Ethereum-wallet for Reddit users.

Tokens will be distributed monthly between the community and their amount will depend on the number of messages left by users.

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