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.
In case anyone missed it, it will cost 1000 Community Points or, more importantly, $5/subreddit to basically get some sort of "subreddit premium" status. The $5 is for users who don't accumulate 1000 CP's per month to retain their subreddit-premium status.
Ignoring the blockchain and NFT noise. I always feel like gamifying these concepts of "elevated status" eventually contributes to toxicity and gatekeeping. The beauty of reddit is randomly stumbling upon a person like Unilad or some expert in another field. Not visually seeing a status symbol indicating their expertise, but purely via the democratic system of anonymous voting.
Agreed. My own issue with voting is people vote to indicate agreement/disagreement and not for the quality/effort of the post, which was the original intent of up/down votes from what I understand.