Reddit is working on converting all karma to ERC-20 tokens.

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Source: https://thecryptobasic.com/2021/11/08/reddit-is-planning-to-convert-karma-points-into-erc-20-tokens/

basically reddit is working with Off-chain Labs’ Arbitrum and is attempting to make a blockchain that can basicly turn all our karma into actual erc-20 tokens. Hopefully all our karma will have value, but I expect it to be a lot lower then moons.

“When we all pull this off, we would onboard 500M web2 users into web3 and then there is no going back. Let me say that again – 500 million new crypto users.” ( Reddit engineer, Rahul )

^^^ well reddit is gonna buy a lot more reliable servers lmaolike a LOT

potato servers

Fun fact, reddit has 4 nfts

submitted by /u/NextGenAce
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