Reddit to Wind Down Blockchain-Based Rewards Service ‘Community Points’ – Cointelegraph

Reddit has announced plans to discontinue its long-running blockchain-based rewards service known as “Community Points,” citing issues with scalability.

In an official announcement made on October 17 in the r/cryptocurrency subreddit, a Reddit representative explained that while there were potential future opportunities for Community Points, the platform was unable to find a viable path to implement it on a broader scale.

The shutdown of Community Points is scheduled for November 8.