Reddit has officially unveiled Community Points—a crypto-based rewards system that will allow users to build their reputations and accrue ERC-20 tokens on the Ethereum blockchain. The social network said contributors will be able to earn points whenever they submit quality posts or make meaningful comments that drive conversations forward.
Libra-member Bison Trails scores $25 million from Silicon Valley heavy hitters
Blockchain Capital leads Series A round, explains in exclusive interview why they’re banking on Aaron Henshaw and Joe Lallouz
Libra Association founding member Bison Trails has raised $25.5 million to expand its business of providing the digital infrastructure on which blockchains rely.
Reddit co-founder’s cryptocurrency explanation stuns Colbert audience
Alexis Ohanian talks crypto on The Late Show
Reddit co-founder Alexis Ohanian stepped down from his role at “the front page of the internet” earlier this year to focus on his venture fund, Initialized Capital. Changing gears from social media (of which he is generally skeptical) to investment and business development, Ohanian appeared on The Late Show with Stephen Colbert this week to sound off on everything from blockchain technology to his marriage to tennis superstar Serena Williams. Ohanian co-founded Initialized Capital in 2012, and the fund notably counts Coinbase and Instacart as some of its highest-profile investments. After Colbert made his way through fluffy pop culture interview fodder with the 34-year-old entrepreneur, he asked him about cryptocurrency.…