Community Points allow members of Reddit communities to own a piece of their community, earn rewards for quality contributions, and unlock special features.
Read all about it at the above link. There’s way too much to process here. This is going to be wild.
Can someone translate this for us morons? I got confused when I read about breeding cats so …
The ERC-721 standard enabled an explosion of non-fungible token applications. Some notable use cases have included breedable cats, generative artwork, and exchange liquidity positions.
They’re not NFTs, NFTs are bad, no these token are called Community Points! Totally different than NFTs!
I mean, it sounds like community points are fungible, so not “Non-Fungible Tokens.” Still a terrible concept regardless.
Cryptocurrency and NFTs are not worthy. Many fediverse servers are against them, especially stux.
Yeap. I wouldn’t be surprised if this update/pivot is a reaction to this: https://eips.ethereum.org/EIPS/eip-6551
Can someone translate this for us morons? I got confused when I read about breeding cats so …
LOL, so out of place haha