May 14, 2020 Reddit launches ‘community points’ on Ethereum in an initial trial.

The social news aggregation website, Reddit, has launched ‘community points’ on the Ethereum network as part of an initial trial. The ‘points’ are being issued as ERC20 tokens, with one, named $MOONS, for the /r/Cryptocurrency subreddit and another, $BRICKS, for the /r/FortniteBR subreddit. Users of both sub-forums will receive the tokens, which are intended to incentivize content creation on the platform. For now, the tokens are only available via a trial program and it is not yet clear when they will be more widely accessible.