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A comment on Reddit raises $410M in new funding. Parent comment

Re:Reddit raises $410M in new funding by covercash on Thursday August 12, 2021 @11:48AM (#28157794)
Maybe a Reddit coin? Use that money to mine it and then seed the Reddit ecosystem at first with coin upvotes/awards, build a merch market for subreddit specific merch, allow advertisers to list items on the marketplace funneling sales there from Reddit ads/promoted posts, original content -> NFT…

I don’t know the details but I think the core base of Reddit would be into a project like that.

[ Parent | on HN ]
Re:Reddit raises $410M in new funding by kristofferR on Thursday August 12, 2021 @06:58PM (#28162739)
They're basically doing exactly that. It's launching on Ethereum, scaled with Arbitrum.

See the post by the reddit admin below.

https://www.reddit.com/community-points

https://reddit.com/r/ethereum/comments/opi5rg/scaling_reddit...

[ Parent | on HN ]
Re:Reddit raises $410M in new funding by zozbot234 on Thursday August 12, 2021 @12:22PM (#28158211)
They actually tried that in the past and it wasn't going anywhere, so they nixed it.
[ Parent | on HN ]
Re:Reddit raises $410M in new funding by DaiPlusPlus on Thursday August 12, 2021 @04:45PM (#28161207)
Reddit Coins are still a thing - I have a Gold subscription as well.
[ Parent | on HN ]