- American social media giant, Reddit, may soon convert users’ karma points into Ethereum-based tokens and onboard 500 million new crypto users in the process, according to a newly hired Reddit engineer.
- A series of tweets made by Reddit engineer, Rahul, highlights Reddit’s efforts to improve user interaction through various cryptocurrency initiatives.
- Reddit’s partnership with Offchain Labs’ Arbitrum network will allow for the creation of a separate blockchain instance, to be used for storing users’ tokenized community points.
[Via]
