Reddit tokenize karma onboard 500m new

reddit tokenize karma onboard 500m new

内部ネットワークのPCからインターネットを参照するときにDMZに設置したVDIサーバ上のwebブラウザを利用すると、未知のマルウェアを防ぐ効果があるが、これはwebサイトからの受信データを画像処理したものをpcに送信することで対応されている。

//crypto

Web3について調べていて、やっと腹落ちしたところがあったので共有。

まず、Web2.0からWeb3.0に変わることで、私たちが普段使っている主要なアプリが変わるという話。なぜ変わるかというと、ブロックチェーンの接続し、分散化され、運用されるDAppsを使う様になるから。

The appeal of Web3 is that it is decentralized, so that instead of users accessing the internet through services mediated by the likes of Google, Apple, or Facebook, it’s the individuals themselves who own and control pieces of the internet.

DeFiのように中間コストを削減するサービス以外のメリットは何かと考えが向かう。ここでプライバシーや検閲の話が出てくる。

It provides a financial incentive (tokens) for anyone who wants to participate in creating, governing, contributing to, or improving one of the projects themselves.

Consumers of the service usually pay to use the protocol, similarly to how they would pay a cloud provider like AWS today.


Dogecoin (DOGE) and Shiba Inu (SHIB) suddenly soared 119 percent in one week.

Dogelon Mars (ELON) is a joke coin based on Dogecoin that purports to be inspired by Elon Musk’s plans to send people to Mars. When the coin was first released, Vitalik Buterin, the founder of Ethereum, received 50 percent of the supply as an airdrop.

Image Source: NewsroomPost

Buterin gave his whole ELON stack to the Methuselah Foundation, a non-profit medical foundation dedicated to life extension and longevity research, within two months of the token’s introduction.

The Dogelon Mars team announced yesterday that the next round of development will provide ELON decentralized finance (DeFi) and staking features.

“Dogelon Mars is moving forward with its development, constructing DeFi and staking out new opportunities with a new contract.

The fund will also support gaming projects built on “all platforms” alongside other areas related to the metaverse, NFTs and Efinity’s core infrastructure.

Related:The Sandbox raises $93M to expand its NFT metaverse

Earlier this year, Enjin secured $18.9 million funding from investors including the major crypto exchange Crypto.com to debut Efinity, its Polkadot-based blockchain for the NFT industry. EFI, the native cryptocurrency of Efinity, went live in August 2021 following a $20 million token sale in July.

Enjin’s latest move into the metaverse comes amid the growing hype around the metaverse concept, fueled even further after social media giant Facebook officially changed its company name to Meta.


Social media giant Reddit is doubling down on its embrace of digital currencies and associated innovations with the latest push into Web3.0.

According to one of the social media’s latest hires, Rahul, the firm primarily focuses on decentralizing social media. Its latest plans are to tokenize Karma Points using the Ethereum blockchain.

The tokenized Karma points will aid more flexible decision-making amongst subreddits, akin to a Decentralized Autonomous Organization.
Using the tokenized Karma points, subreddits in disagreements can be forked democratically.According to the software engineer, a forked subreddit can be likened to switching from one different ecosystem, such as Facebook to Twitter, without losing contribution points.

In actualizing these important innovations, Rahul said Reddit would partner with Offchain Labs’ Arbitrum network.

The users can subscribe to these subreddits.

Management of Subreddits

Subreddits are managed by a volunteer team of moderators. If a user starts his own subreddit, he would automatically become one of the moderators.

The creator would decide the further moderators for his subreddit.

The supervision of the entire website is done by the admins. Admins have a red icon similar to the Reddit mascot next to their username on their profile page and on their posts and comments.

Admin is a job position, these administrators are directly recruited by the Reddit team.

These employees of Reddit can undertake a variety of tasks such as communicating the updations and enforcing Reddit’s rules and Content Policy. They are responsible for the effective running of the platform.

The users can simply post relevant and useful links in the subreddit and earn a handsome amount of Karma points.

An interesting point to note here is that these Karma points have no intrinsic value in monetary terms and neither can they be exchanged for anything. However, users still wish to have high karma points and for this, they effectively engage, actively comment and provide quality content to Reddit.
The DAOs can introduce a somewhat similar mechanism to engross their members at the next level.

Reddit Coins

Reddit portrays some brilliant examples of gamification to encourage knowledge-sharing, effective participation, sustainable promotion, and mutual collaboration on a public forum. The Reddit coin is another such example.

Reddit coins are community rewards for the commendable contributions of users to the site.

The community points will be independent of Reddit just like the decentralized autonomous organizations! These points, being highly flexible, can be customized with the community’s own name, symbol, distribution rules, and uses.

As of now, The Community Points program is being implemented on the Rinkeby testnet version of the Ethereum blockchain. Reddit, in the future, is planning to shift on the Ethereum mainnet using Ethereum layer-two scaling solution Arbitrum.

After the reward system moves to the mainnet, the rewarded tokens are likely to be able to be swapped, held or traded on various crypto trading platforms similar to any other ERC-20 token.

Once this beta program goes live, the users and moderators can request the Community Points feature to be added to their subreddit.

“Special Memberships,” could be created by each subreddit that participates in this program.

If a user receives a platinum award, he gets a month of Reddit premium along with 700 coins which can be used to award other users with silver or gold.

Awarding silver, gold, or platinum, it costs 100, 500, and 1800 coins, respectively.

Reddit Trophies

Trophies are the badges that appear next to the names in Reddit. They are awarded for posting good links, writing a comment, writing something interesting, contributing a photograph, etc.

Each night, the trophies are calculated and the winners listed on the honor roll.

Also, each winner receives a trophy on their user page as a token of accomplishment. In the quest to earn trophies and get their name listed on the honor roll, the members post high quality professional content and contribute to the platform.

Construction is currently in progress as community leaders bring DeFi and a new coin to the ecosystem.”

The team is also introducing the xELON governance token, which will be used for voting on proposals, coordinating protocol decision-making, and awarding grants from the treasury, among other things. Participants in the ELON staking program will be able to purchase xELON.

ELON exploded 119 percent after news broke that it would be listed on OKEx and Crypto.com, connected with the latest staking announcement, according to CoinGecko, raising the market cap from $426 million to $939 million.

Gamification Techniques – Reddit!

Reddit is an online community wherein the users can post content, comments. To engage with Reddit and participate in this platform individuals can either sign up as users or initiate their own community by creating a subreddit.

Having millions of daily visitors, Reddit boasts of being the 9th most popular site in the world and 7th most popular site in the US!

Working Mechanism of Reddit

Subreddits

Reddit has several sub-communities called Subreddits.

A subreddit is simply a subdivision of Reddit wherein the content relating to a specific interest or topic is posted.

Creating a subreddit in Reddit is a quite simple task. For this, a Reddit account and a minimum number of positive karma points are required.

Karma points are discussed in-depth, later in this article. Subreddits cater to a wide arena of diverse interests.

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