![]() Recently, Bricks saw a significant increase of 657% in just two days, surging from $0.005 to $0.052. On the other hand, Bricks token is a reward for contributions in the r/Fortnite subreddit. Reddit Moons tokens were launched on Arbitrum Nova by Reddit administrators in 2020 as part of their community points program. These tokens can be traded, tipped, or used within the community and are stored in Reddit’s Ethereum-based wallet called Vault. So, Moons are ERC-20 tokens awarded by Reddit to users for their contributions in the r/CryptoCurrency subreddit, given as rewards for posts and comments. Moons and Bricks are tokens associated with specific Reddit communities. Additionally, BRICK is another crypto-based Reddit token associated with the r/Fortnite subreddit. The specific functionalities of Community Points may differ across different subreddits. Within the subreddit community, users can use these points for various purposes, such as purchasing special features, accessing exclusive content, or participating in polls. The more active and engaged a user is, the more points they can accumulate. #ArbitrumNova #Reddit $moons Ĭommunity Points are distributed to users based on their engagement within a specific subreddit, including activities like posting, commenting, upvoting, and receiving upvotes. These points are ERC-20 tokens and are known by unique names in each subreddit, such as “MOON” in the r/CryptoCurrency community.Ĭoingecko article on NFTs and community points tokens such as $MOON and $BRICK, everyone is bullish on Reddit #crypto projects. ![]() Timeline of Reddit’s Digital Assetsīack in 2018, Reddit introduced Community Points as an experimental feature in certain communities, like subreddits, to encourage user participation and contributions. In order to understand what are these reddit coins are we need to go a little back in time. But only recently became publicly known, causing a rapid appreciation in the value of both tokens. Reddit updated its terms of service, permitting users to earn, buy, or sell digital assets that can be cryptographically verified. The native tokens of Reddit’s community, Moons (MOON) and Bricks (BRICK), have experienced significant price gains this week after Reddit announced changes to its terms of service.
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