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(1.34%)
Moons are a new way for people to be rewarded for their contributions to r/CryptoCurrency. Moons can be claimed in the new Vault section of the Reddit iOS or Android app. They represent ownership in the subreddit, they are tokens on the Ethereum blockchain controlled entirely by the user, and they can be freely transferred, tipped, and spent in r/CryptoCurrency.
Moons are distributed monthly based on individual contributions (comments, posts, etc.) that people make in r/CryptoCurrency. Reddit karma provides a basis for measuring people’s contribution, but the final decision is up to the community.
Initially, 50 million Moons will be distributed based on karma earned in the subreddit to date. The amount distributed each following month will start at 5 million and decrease by 2.5% every cycle, so that the total number of Moons distributed over time will approach a maximum cap of 250 million.
Try our free r/CryptoCurrency Moons (MOON) portfolio tracker if you want to efficiently keep track of your MOON and other coin/token investments.