Ripple’s Former Executive Cory Johnson Is Not Satisfied With Reddit Move

  • Recently, the popular online forum Reddit has launched Ethereum tokens for its subreddits based on the Ethereum network.
  • However, journalist Cory Johnson is not satisfied with this step.
  • The second-largest coin is widely used in blockchain technology adopted by the top market players of social media.

Recently, the popular online forum Reddit has launched Ethereum tokens for its subreddits based on the Ethereum network. The two subreddits, namely r/Cryptocurrency and r/FortniteNiteBR, introduce their digital tokens MOON and BRICK respectively. Former Ripple executive cory johnson seems bit unhappy with reddit for not choosing XRP.

Additionally, r/Cryptocurrency and r/FortniteNiteBR, jointly have 2.4 million members. These exclusive tokens namely $BRICKS and $MOONS, will work as a reward token for Reddit’s “Community Points” venture.

Reddit Vault On Demand

However, journalist Cory Johnson denies satisfaction from this step.

Various subreddits also plan to launch their personal tokens to save in Reddit Vault. This is available on both Reddit’s iOS and Android. The users can move their ERC -20 tokens from Reddit to a required and well-matched wallet.

Besides this, a former Ripple Chief Marketing Strategist who finds the tokenization agenda as a great opportunity wished that Reddit would have used Ripple’s native token XRP instead of Ethereum.

Ethereum-Most Widely Used Blockchain technology

Moreover, Corey’s testimonial is based on several things. The second-largest coin Ethereum, blockchain technology adopted by the top market players of social media. This includes Google and some prominent banks across the world.

Corey shared his views on Twitter by saying he wished that Reddit had used XRP for this project instead of Ethereum.

Cory was a vibrant Ripple official; he left San Francisco in early 2019. However, the reason for his leaving, not known for the very first time. One of the representatives stated Cory, abandoned off from the role. Since the position was again owing to the evolving market structures and conditions.

 

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The post Ripple’s Former Executive Cory Johnson Is Not Satisfied With Reddit Move appeared first on CryptoSyringe: Cryptocurrency , Bitcoin, Ethereum & Blockchain News.




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