{"id":23788,"date":"2023-10-18T03:28:27","date_gmt":"2023-10-18T03:28:27","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/reddit-to-wind-down-blockchain-based-rewards-service-community-points\/"},"modified":"2023-10-18T03:28:29","modified_gmt":"2023-10-18T03:28:29","slug":"reddit-to-wind-down-blockchain-based-rewards-service-community-points","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/reddit-to-wind-down-blockchain-based-rewards-service-community-points\/","title":{"rendered":"Reddit to wind down blockchain-based rewards service \u2018Community Points\u2019"},"content":{"rendered":"
Reddit has said it will soon shutter its long-running, blockchain-based rewards service \u201cCommunity Points,\u201d citing scalability concerns.\u00a0<\/p>\n
In an official Oct. 17 announcement in the r\/cryptocurrency subreddit, a Reddit team member said while the platform saw \u201csome future opportunities for Community Points, there was no path to scale it broadly across the platform.\u201d<\/p>\n
The Community Points service, including the special memberships feature, will be wound down on Nov. 8. \u201cAt that point, you\u2019ll also no longer see Points in your Reddit Vault nor earn any more Points in your communities,\u201d the Reddit team member wrote. <\/p>\n