Skip to content
Merged
Changes from all commits
Commits
File filter

Filter by extension

Filter by extension

Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
7 changes: 6 additions & 1 deletion public/content/social-networks/index.md
Original file line number Diff line number Diff line change
Expand Up @@ -65,6 +65,10 @@ Posts published on Mirror are permanently stored on Arweave, a decentralized sto

Users use the platform's native [ERC-20](/glossary/#erc-20) token $MIND to pay for items. Users can also earn $MIND tokens by publishing popular content, contributing to the ecosystem, and referring others to the platform.

### Farcaster {#farcaster}

[Farcaster](https://farcaster.xyz/) is a "sufficently decentralized" social network similar to X and Reddit that allows users to share and discover "casts". It is built on the Optimism L2 network to keep transactions relatively cheap.

## Use decentralized social networks {#use-decentralized-social-networks}

- **[Status.im](https://status.im/)** - _Status is a secure messaging app that uses an open-source, peer-to-peer protocol, and end-to-end encryption to protect your messages from third parties._
Expand All @@ -81,6 +85,7 @@ Users use the platform's native [ERC-20](/glossary/#erc-20) token $MIND to pay f
- Reddit previously experimented with **Community Points**, which were ERC-20 tokens users could earn by posting quality content and contributing to specific online communities (subreddits). Users could redeem these tokens within a subreddit for exclusive perks or trade them. For this project, Reddit utilized Arbitrum Nova, a [layer 2](/glossary/#layer-2) network designed to scale Ethereum transactions.
- The program was notably active in the r/CryptoCurrency subreddit with its "Moons" and the r/FortNiteBR subreddit with its "Bricks". Because these tokens were on the blockchain, they were independent of Reddit once claimed into a user's [wallet](/glossary/#wallet).
- However, **Reddit [sunsetted the Community Points program](https://www.reddit.com/r/CryptoCurrency/comments/17a33ql/reddit_is_officially_deprecating_community_points/) in late 2023**, citing scalability and resource challenges. While the tokens still exist on the blockchain, Reddit no longer actively supports or integrates them into its platform features.
- Reddit has also launched a **[collectible avatar program](https://www.reddit.com/r/avatartrading/comments/147qlpb/what_are_reddit_collectible_avatars_rcas/)**, allowing users to purchase unique avatars as NFTs. These avatars can be used as profile pictures and are tradable on the secondary market.

## Further reading {#further-reading}

Expand All @@ -101,4 +106,4 @@ Users use the platform's native [ERC-20](/glossary/#erc-20) token $MIND to pay f

### Communities {#communities}

- [r/CryptoCurrency subreddit](https://www.reddit.com/r/CryptoCurrency/)
- [r/CryptoCurrency subreddit](https://www.reddit.com/r/CryptoCurrency/)