Category: reddit

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Social network Reddit reveals plans to go public

After months of speculation, the popular social media site Reddit has finally announced that it is filing for an initial public offering. Late Wednesday night, the popular social platform Reddit announced that it had started the process of making the company public. The company filed a confidential S-1 with the United States Securities and Exchange…
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Melania Trump’s NFT Vision, Mastercard’s Ethereum Plan + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________  … Read More: Melania Trump’s NFT Vision, Mastercard’s Ethereum Plan + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Polygon Makes USD 400M Bet On Ethereum Scaling, Pepsi Goes NFT + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Polygon Makes USD 400M Bet On Ethereum Scaling, Pepsi Goes NFT + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Reddit Introduces ETH-Based Community Points Beta Program With Custom Tokens for Subreddits

The popular forum and news aggregation web portal Reddit has revealed the firm’s Community Points beta program where Reddit users can “own a piece” of their community with “custom tokens” for subreddits. Blockchain-Backed Reddit Community Points: ‘The First Step Towards a Different Future for Online Communities’ At the end of July, Reddit announced that the…
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Reddit launches waitlist for site-wide expansion of ‘Community Points’

Reddit has launched a new website allowing mods and users to sign their subreddits up for the new ‘Community Points’ token rewards program. Reddit has launched a waitlist for the upcoming site-wide expansion of its Ethereum-based ‘Community Points’ token rewards program, as well as a dedicated website. The social media platform, which runs on upvotes…
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Saxo Bank’s ‘Outrageous Prediction’ on NFT-Based Platforms Disrupting Spotify

  Denmark’s Saxo Bank has released a set of 10 “outrageous predictions” for next year, among others forecasting that digital rights platforms based on non fungible tokens (NFTs) have the potential to disrupt Spotify’s robust position in the global music distribution industry. The bank explains in a statement that its predictions focus on various unlikely…
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Discord drops Ethereum and NFT integration plans after backlash

While Jason Citron said the NFT feature was in “pre-release” mode, he has now changed his tune after being bombarded with thousands of comments calling on him to drop the plans. Popular community messaging app Discord has been forced to walk back its integration plans with Ethereum (ETH)-based NFTs following strong backlash from a significant…
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NYCCoin, Cambridge on Tezos, Tether on Avalanche + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: NYCCoin, Cambridge on Tezos, Tether on Avalanche + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Reddit to reportedly tokenize karma points and onboard 500M new users

Reddit engineer, Rahul, highlights the social media platform’s efforts to improve user interaction through various cryptocurrency initiatives. American social media giant Reddit may soon convert users’ karma points into Ethereum-based (ERC-20) tokens and onboard 500 million new crypto users in the process, according to a newly hired Reddit engineer. A series of tweets made by…
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Microsoft muscles into the Metaverse with Teams updates and Xbox upgrades

“The metaverse enables us to embed computing into the real world, and to embed the real world into computing. Bringing real presence to any digital space,” said Microsoft CEO Satya Nadella. U.S. tech giant Microsoft is taking the plunge into the Metaverse via updates to its Teams and Xbox gaming console services, along with a…
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