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8 changes: 7 additions & 1 deletion public/content/social-networks/index.md
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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 +85,8 @@ Users use the platform's native [ERC-20](/glossary/#erc-20) token $MIND to pay f
- Reddit previously experimented with **Community Points**, which were ERC-20 tokens users could earn by posting quality content and contributing to specific online communities (subreddits). Users could redeem these tokens within a subreddit for exclusive perks or trade them. For this project, Reddit utilized Arbitrum Nova, a [layer 2](/glossary/#layer-2) network designed to scale Ethereum transactions.
- The program was notably active in the r/CryptoCurrency subreddit with its "Moons" and the r/FortNiteBR subreddit with its "Bricks". Because these tokens were on the blockchain, they were independent of Reddit once claimed into a user's [wallet](/glossary/#wallet).
- However, **Reddit [sunsetted the Community Points program](https://www.reddit.com/r/CryptoCurrency/comments/17a33ql/reddit_is_officially_deprecating_community_points/) in late 2023**, citing scalability and resource challenges. While the tokens still exist on the blockchain, Reddit no longer actively supports or integrates them into its platform features.
- The [ETHTrader subreddit](https://www.reddit.com/r/ethtrader/) has also launched an ERC-20 token of their own, called [$DONUT](https://donut-dashboard.com/), which is used to reward users for their contributions to the subreddit. The token is also used to vote, purchase exclusive features, and even advertisements on the subreddit.
- 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 +107,4 @@ 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/)