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Reddit r/CryptoCurrency Moon

By CoinGecko | Updated on May 14, 2020
Moons are a new way for people to be rewarded for their contributions to r/CryptoCurrency, and they represent ownership in the subreddit. Moons are ERC-20 tokens on the Ethereum blockchain (on testnet during beta stage). Users have full ownership and control of Moons which can be freely spent/tipped within the r/CryptoCurrency subreddit. Moons are distributed monthly using Reddit Karma as a basis for contributions.

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Related Terms

Dump
A common term used to describe downward market movement, or to describe the action of selling an individuals holdings.
Permissioned Blockchain
It is a private blockchain where the nodes must be previously authorized by a central entity.
Burned Tokens
Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable.
Decryption
The process of decrypting data that was previously encrypted (made unreable) back to a readable form.
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