Reddit announces it will give $5 million to its users in the form of ‘Notes’

Reddit has revealed how it plans to distribute $ 5 million to its users. Kinda. In a blog post yesterday, the company unveiled “Reddit Notes,” a sort of digital currency that represents a piece of equity in the privately-held firm. Sometime late next year, a random selection of 950,000 Redditors will be gifted Reddit Notes. (The site is said to have roughly six illion active registered users, so not everyone will get a piece of Reddit’s appreciation.) As long as you’re an active user in good standing, you’ll be eligible to receive a Note.

No one really knows what Reddit Notes are

But it’s what you’ll do with a Reddit Note once you get one that remains unclear. Reddit is incredibly vague about the program, though it notes that users…

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