The new system to replace Reddit coins and awards is here. You got out at the right time.

Bucky@816am.ddns.net to Reddit@lemmy.world – 1363 points – Community Points - Own a Piece of Your Community
reddit.com

Read all about it at the above link. There's way too much to process here. This is going to be wild.

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So it's basically Reddit NFTs. Let's just call it as it is.

It is time for them to take back ownership and control. It is time for a change.

Lol. You're still on Reddit. You're not controlling shit.

As blockchain tokens that are owned and controlled by communities themselves — not by any app or platform — Community Points represent a way for Redditors to own a piece of their favorite communities.

You don't own it, it's made by Reddit, distributed by Reddit, and only useful on Reddit and not anywhere else. What's the meaning of decentralization and ownership if it's only useful in one place?

Yes but "NFT" has been exposed for what it is, a bag holder scam, so now they're trying to rebrand.

They're behind the times, they should have found some way to integrate AI into this

And beanbag babies. I hear beanbag babies are a great way of investing money.

It is time for them to take back ownership and control. It is time for a change.

Left wing platform reddit uses right wing populist rhetoric?

Probably right wing populists are the majority there now. Intelligent people abandoned the dumpster fire. Just like Twitter. It's just a far-right cesspool of hate now.

Nah this isnt NFTs. They already introduced NFTs a while ago with their shitty profile pictures that are as shameful to own as a blue checkmark. This is them trying to introduce their own crypto currency after the market already crashed lol

Nah, this is way more akin to Ubisoft Quartz NFT than Bitcoin or Ethereum. Bitcoin and the likes can be mined, exchanged, and used in all kinds of places, where Reddit points is only valuable on Reddit, not anywhere else.

So it's basically Reddit NFTs.

Nah, it can't be an NFT with a cringy picture of an anthropomorphic animal and/or Trump attached.