this post was submitted on 19 Oct 2023
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Reddit’s blockchain-based “Community Points” rewards crash after sunsetting::Tokens based on subreddit reputation saw dips over 85% after the announcement.

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[–] Usernameblankface@lemmy.world 35 points 1 year ago (1 children)

Someone spent thousands of dollars? Or many users collectively spent thousands of dollars?

I'm not sure which is more believable.

[–] RootBeerGuy@discuss.tchncs.de 34 points 1 year ago (1 children)

Well, it is likely the same as with mobile gaming. A few whales spend thousands of dollarinos on a game because they just happen to be rich.

[–] luciferofastora@lemmy.zip 11 points 1 year ago (1 children)

...or at least so addicted they'll spend themselves into trouble

[–] deweydecibel@lemmy.world 5 points 1 year ago* (last edited 1 year ago)

Even then, they're not likely spending as much as the rich fuckers. No matter how addicted you are, there's only so much you could spend before you're just out of money.

There's streamers to consider nowadays, too. Many live service competitive mobile games have streamers that get fed money from advertisers to fund their in-game purchases.