Within days of launching on the Rinkeby testnet, Reddit's Ethereum-based Customs Points rewards system has seen more than x,000 addresses created.

Reddit'south points were rolled out beyond 2 subreddit communities pertaining to the topics of the popular video game Fortnite (r/fortniteBR) and cryptocurrency (r/cryptocurrency) from May 13 to May fifteen.

Perchance surprisingly, over lxxx% of wallets created on the testnet so far stand for the Fortnite customs.

Reddit "Community Points" wallets tag five figures

Within three days of completing its rollout, over 10,000 users take signed up to receive Reddit's Community Points as a reward for their activity on the pop social platform.

As of this writing, 8,666 wallets have been created to concur r/fortniteBR's Bricks, while just 2,073 Redditors have embraced r/cryptocurrency's Moons.

ii,295 transactions accept been executed by Moon wallets, while Brick wallets have produced 9,584 — producing identical per-wallet action of 1.one transactions per address then far.

Volition Reddit spike gas prices?

Reddit plans to migrate its Customs Points organisation to the Ethereum mainnet subsequently the summertime. A timeline is nevertheless to be given for when Reddit plans to offer the crypto-based rewards to its entire 450 meg user base.

While many Ethereum users take welcomed Reddit's use of the protocol as a likely catalyst for widespread adoption, others are concerned that its Customs Points could drive up gas prices once it migrates to mainnet.