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Arbitrum Nova Launches on Dune, Enhancing Web3 Gaming and Social Applications
Arbitrum Nova, the AnyTrust chain for Web3 gaming and social applications, is now live on Dune, according to dune.com.
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Reddit to Discontinue Blockchain-Based Community Points Program
Reddit is discontinuing its blockchain-based Community Points program due to scalability issues, moving towards more scalable rewards programs. Despite initial promise, high transaction fees and bandwidth limitations on Ethereum led to a transition to Arbitrum Nova in 2022. However, scaling challenges persisted, prompting the phase-out by early November 2021. The termination caused a significant drop in associated token values. Reddit now focuses on other community incentive programs like the Moderator Rewards Program and the Contributor Program.