Popular news aggregation and discussion website Reddit has changed its terms of service, allowing users to earn, purchase or sell currencies and items that can be cryptographically verified. The change in terms also explicitly outlined a clear separation in the definition of non-tokenized Web 2 virtual goods and tokenized Web 3 virtual goods, with a member of the Reddit product team disclosing plans to sunset the former.
Maybe Reddit’s investors haven’t caught up yet and love buzzwords like “crypto” and “blockchain” and NFT?
There was a guy joined my last organisation who would not shut the fuck up about Blockchain.
It was a retail org that sold branded mass produced stuff. There was no need for Blockchain but it was like, the only thing he knew about and his USP at interview stage.
He got fired. It was a good day.
Definitely a move just for the investors.