Reddit’s Community Points: The Rise, Fall, and Hilarious Fallout

A Brief History of Community Points

Launched in May 2020, Reddit’s Community Points feature was like that well-meaning friend who keeps suggesting new hobbies. It aimed to reward users with points for engaging positively on specific subreddits—think of it as giving a high five for contributing to the community, instead of just throwing around likes like confetti.

Goodbye Community Points

Fast forward to October 17, 2023, when Reddit announced it was shuttering this long-running project due to scalability concerns. The team admitted, “There was no path to scale it broadly across the platform.” In other words, it turns out trying to fit a square peg into a round hole doesn’t work that well—even in the land of memes.

What Happens Now?

Community Points and special memberships will officially disappear on November 8. After that, no points will be visible in your Reddit Vault, and no more points will be earned. It’s essentially like running a marathon only to find out at mile 20 that the finish line was moved to a different race—bummer!

User Reactions: The Good, The Bad, and The Ugly

Shockwaves rippled through the crypto community as users expressed their anger and disappointment. According to moderator “CryptoMods,” while your beloved Moons and Bricks won’t be turned to dust, their value falling through the floor is another story entirely.

“First and foremost your Moons are still yours and are not going to be burned,” they reassured. “Reddit is removing their control over the contract.”

However, that didn’t stop traders from feeling “rugged”–with one tweeting that the price plummeted around 90%. Those are losses that make your morning coffee feel less bitter in comparison!

• Pseudonymous trader Byzantine General called it a “rug pull.”
• Users promptly started canceling special memberships in droves.

A Bit of Humor Amidst the Chaos

It’s easy to get lost in the doom and gloom, but let’s take a moment to appreciate some levity. Reddit users are crafty and quick, as demonstrated by u/Bunker_Beans, who didn’t hold back in expressing their feelings on the platform. Cuses were thrown around like party favors at a bad wedding.

“I hope whoever runs this cesspool rots in hell. What a f—ing joke,”

Such passion! It’s clear that while Community Points may be gone, the fire of Reddit’s fierce community spirit is anything but extinguished.