Reddit to wind down blockchain-based rewards service ‘Community Points’ By Cointelegraph

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Reddit has said it will soon shutter its long-running, blockchain-based rewards service “Community Points,” citing scalability concerns.

In an official Oct. 17 announcement in the r/cryptocurrency subreddit, a Reddit team member said while the platform saw “some future opportunities for Community Points, there was no path to scale it broadly across the platform.”

Reddit’s Community Points will be shuttered on Nov. 8. Source: Reddit