Reddit wants to own cryptovaluta for users

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Reddit considering its own cryptovaluta to start after a round in which 50 million dollars, converted to 39.6 million euros, has been retrieved. Goal is to have 10 percent of the equity to users, to give back. Reddits value is now determined at $ 500 million, or 396 million euros.

The investors that $ 50 million in Reddit stitches, have agreed that 10 percent of the value of their shares returned to the Reddit community “in recognition of the central role that the community plays in the Reddits continued success’.

“We’re thinking about cryptovaluta to create and interchangeable with those shares of Reddit,” writes Reddit ceo Yishan Wong on that. “And that currency then to distribute them to the community.” Yishan would be a blow to the arm. “The plan is still in its first phase and it can be a total fail.”

He promises, however, that the shares in another way in the community end up as the cryptovalutaplan failed. Legally, there would, in any case, no objections.

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