The Reddit Experts’ Guide to Building a Crypto Community
By:
Oj Rogero
Blockchain Tech Specialist at BUNCH
12-min read
Reddit is an American, community-driven social news platform where users create threads or discussions using subreddits. Known as the “front page of the Internet,” one can get a collection of recent updates, news, fun stories, pictures, memes, and videos on the Internet.
This guide will teach you about Reddit, its background, benefits, and its usage so that your blockchain company will gain attention from its users and increase traffic.
Reddit as the “front page of the Internet” is a collection of recent updates, news, fun stories, pictures, memes and videos on the Internet. Because the site is composed of thousands of discussion boards known as subreddits, blockchain companies are using Reddit to search for specific topics, attract members, and increase traffic or brand exposure.
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A Quick Tour on Reddit’s Journey
Reddit was founded in 2005 by roommates Steve Huffman and Alexis Ohanian, which focused on news and ideas. One of Y Combinator’s co-founders, Paul Graham, got impressed by the idea and asked them to join the company. Both worked day and night on the first version of Reddit and eventually launched it after three weeks.
Reddit was founded in 2005 by roommates Steve Huffman and Alexis Ohanian, which focused on news and ideas. One of Y Combinator’s co-founders, Paul Graham, got impressed by the idea and asked them to join the company. Both worked day and night on the first version of Reddit and eventually launched it after three weeks.
Initially, the website experienced a lot of scrutiny of being a “copycat” and was seen as a viable competitor because of its increasing popularity. Reddit introduced the option to post comments on its website by the end of 2005. Then early in 2008, a new feature called subbredit was added which differentiated Reddit from its competitors.
A subreddit allows users to share pictures, contents, or memes. This feature created more traffic and increased monthly users on the platform. Reddit then became one of the biggest communities on the Internet. A lot of its features are loved by its vast users like posting links and texts on their dashboards which can be constantly upvoted or downvoted by the community.
The name “Reddit” came from the imperative “read it.” Its dashboard is like a bulletin type system which is divided into subcategories called “subreddit” that usually starts with r/. With 500+ million monthly visitors, it earned the spot as the 3rd most visited website in the US and 6th in the whole world. Most of its users come from the US, UK, and Canada.
