Reddit’s blockchain-based “Community Points” tokens crash after sunsetting
arstechnica.com
Tokens based on subreddit reputation saw dips over 85% after the announcement.

Reddit’s blockchain-based “Community Points” rewards crash after sunsetting::Tokens based on subreddit reputation saw dips over 85% after the announcement.

  • Usernameblankface@lemmy.worldEnglish
    35·
    1 year ago

    Someone spent thousands of dollars? Or many users collectively spent thousands of dollars?

    I’m not sure which is more believable.

    • RBG@discuss.tchncs.deEnglish
      34·
      1 year ago

      Well, it is likely the same as with mobile gaming. A few whales spend thousands of dollarinos on a game because they just happen to be rich.

      • luciferofastoraEnglish
        11·
        1 year ago

        …or at least so addicted they’ll spend themselves into trouble

        • deweydecibel@lemmy.worldEnglish
          5·
          1 year ago

          Even then, they’re not likely spending as much as the rich fuckers. No matter how addicted you are, there’s only so much you could spend before you’re just out of money.

          There’s streamers to consider nowadays, too. Many live service competitive mobile games have streamers that get fed money from advertisers to fund their in-game purchases.