Reddit users may receive Ethereum in exchange for Karma Points | TechTree.com

Reddit users may receive Ethereum in exchange for Karma Points

An engineer who recently joined Reddit tweeted that Reddit wants to play a role in decentralising the Internet.

 

An engineer who recently joined Reddit tweeted that Reddit wants to play a role in decentralising the Internet.

Reddit is catching up with crypto culture and is likely to join Facebook on the next chapter of the Internet revolution. Reddit planning to offer crypto tokens in the form of Ethereum to users with enough Karma Points. 

Karma Points are awarded to Reddit users if their post threads gather votes. By transforming these Karma Points into Ethereum tokens, Reddit plans to move its 500 million users into a new digital era.

“Users control their community points, their profiles, and their own communities. Ideally, we all want to live in a world where one company/ person can't make such decisions but rather a community does!” Rahul Kothari tweeted.

“We believe in a new dawn for the Internet, where it can be free once again. We don't have all the answers, but we believe together we can find a way,” reads a blog post on Reddit, while inviting people to “create a vault” and join it in a “new beginning”.


TAGS: Reddit

 
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