How does Moon work?

Reading the FAQ, I have got an idea about the Moon token, it's based on etherum(erc-20 token) and all gas charges are paid by reddit by itself and we get the tokens every 4 weeks, but i can see people having tokens now. How did they get those tokens? Is it gonna cost gas for everytime a user gives another user a token even in this subreddit? Will the token be worth anything other than a tool for voting and a sign of trust? Does this mean reddit will be moving away from karma type of system to a token for every subreddit? How are they(reddit) gonna pay for all the gas costs?

Submitted May 14, 2020 at 02:19PM

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