Skip to content

Fortnite fans are struggling to win Ethereum-based Reddit prizes as crypto users slowly scroll

May 18, 2020

Within a few days of starting on the Rinkeby test network the Community Points reward system based on Ethereum (ETH) Reddit has created over 10,000 addresses.

Reddit points were used in two subreddit communities related to the topics of the popular video game Fourteen days (r / fortniteBR) and Cryptocurrency (r / cryptocurrency) from March 13th to 15th.

Maybe surprising created more than 80% of the purses in the test network so far represent the fortnightly community.

Reddit “Community Points” wallets reach five digits

Fortnite fans are struggling to win Ethereum-based Reddit prizes as crypto users slowly scroll
Fortnite fans are struggling to win Ethereum-based Reddit prizes as crypto users slowly scroll

Three days after the start Over 10,000 users have signed up to receive Reddit Community Points as a reward for their activities on the popular social platform.

At the time of writing this article 8,666 wallets were created to hold the stones from r / fortnightBRwhile alone 2,073 editors have chosen the R / Cryptocurrency Moons.

2,295 transactions were carried out by Moon Walletswhile Bricks wallets have produced 9,584, Generate one identical activity per wallet of 1.1 transactions per address so far.

Will Reddit increase gas prices?

Reddit plans to migrate its community point system to the Ethereum core network by the end of the year. No deadline has yet been set for Reddit to offer crypto-based rewardss on its entire 450 million user base.

While many Ethereum users have welcomed Reddit’s use of the protocol as a likely catalyst for its widespread adoption, others have are concerned that their community points can push up Fuel prices Once they have migrated to the main network.

Do not stop reading: