Reddit Accepts Cryptocurrency – Katoch Tubes

Reddit for cryptocurrency

What is Reddit?

Reddit is an online forum for social news aggregation, discussion & community building.

Moving to cryptos

The platform will use Community Points to accept cryptocurrency. Its first move towards crypto adoption

Community Points?

Community Points are a measure of user reputation. All Points are on Arbitrum Nova blockchain & can be used on supporting apps

The Partnership

Reddit has partnered with FTX to integrate FTX pay. Users can buy ETH to pay for gas fee for their points

More Use Case

Community Points will be used to create special membership & rights to users like higher voting power, badges etc.

The Crypto element

Community Points can be used to tip the members  or send as reward to the member's crypto wallet. Adding monetary value

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