Author: The popular forum-based social media platform, Reddit, recently announced that it has started to test two types of Community Points, both built on top of Ethereum’s network. They were oriented towards Fortnite and cryptocurrency users, and, so far, the former appear much more enthusiastic.
Fortnite Users Thrilled About Reddit’s ETH-Based Rewards
Just last week, Reddit announced that it has begun testing two types of Community Points to incentivize users for being more active and engaged on the platform. Called Moons and Bricks, the points are based on Ethereum’s blockchain and are oriented towards users of /r/Cryptocurrency and /r/FortniteBR, respectively.
It’s worth noting that Reddit’s ETH-based rewards system runs on the Rinkeby testnet, and it already has more than 11,000 addresses created.
However, a closer look at those addresses reveals that Fortnite users are much more enthusiastic about the community points compared to crypto enthusiasts.
According to etherscan.io, there are 9,091 addresses created for the Bricks points compared to only 2,166 for the Moons points. In other words, Fortnite-oriented addresses account for more than 80% of all the addresses created on the Rinkeby testnet.
One might think that this is because there are more users interested in the game compared to those thrilled of crypto, but that’s not really the case – at least not on Reddit. The Fortnite subreddit is only about 30% larger than that for cryptocurrencies.
So Far So Good
In the few short days since Reddit announced that it’s testing its Community Points, there are more than 11,000 registered addresses, which is undoubtedly good.
However, some have expressed concerns that such an event might trigger challenges already experienced back in time with the CryptoKitties app.
Back in 2017, the popular app that allowed players to buy and breed their crypto-pets on Ethereum clogged the network by taking up a significant amount of the available space for transactions.
Click here to start trading on BitMEX and receive 10% discount on fees for 6 months.