In a move that will introduce hundreds of millions of people to the cryptocurrency space, the ‘homepage of the Internet,’ Reddit announced it was making its first foray into the cryptocurrency space.
The social media giant confirmed it would be introducing its users to crypto by launching two new tokens on Ethereum for two of its subreddits.
Reddit Introducing 20 Million Monthly Users To Crypto
Reddit is one of the biggest platforms with one of the biggest Internet user bases. And every Reddit user will automatically be given an Ethereum wallet that will be connected to other Ethereum tokens, and cryptocurrency exchanges.
It’s worth mentioning that the two subreddits have 2.4 million members combined and the Fortnite community is mostly teenagers, who will likely not have had much connection with crypto space.
Reddit Trialling MOONS and BRICKS Tokens In 2 Subreddits
Subreddits /r/Cryptocurrency and /r/FortniteBR will be the first to try out the new crypto, and it will be launched on the Ethereum Rinkeby testnet before moving on to the Ethereum mainnet. Read More at MinedHash