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I know you suffered a pretty substantial loss, but Ii’s never too late to prevent it from happening again. Lookup LoopringWallet and set it up. It’s a decentralized, self-custodial wallet on Eth L2 and they literally go by the motto of “be your own bank.” You can go to their website and read their white papers and TOC and all that to see what the project is about. They also allow ways to earn and trade within the wallet. Fees can sometimes be up there to get funds in, but it’s better to pay to keep your portfolio safe than to be cheap to retain more on a risky platform.
Hmmm I’ve used coinbase for quite a while now to buy crypto and ship it out but I haven’t received any changes or anything with their TOC , that’s strange I’d still just be careful and weary of exposing your credentials or making your self vulnerable but it could be on your locality too for me being in the America’s we had updates about the staking a week or two ago but that’s about it
tldr; Stacks (STX) is breaking out from an ascending parallel channel. The crypto market cap (TOTALCAP) is in the process of creating a bullish engulfing candlestick. Bitcoin (BTC) and the Total Crypto Market Cap (TOC) are also creating bullish candlesticks. The Bitcoin price is close to convergence between support and resistance. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
As they should. Having a 3rd party be a custodian of your users funds is dumb. That said, users are also presented with a TOC and agreed to the risk of EARN.
To be fair, Gemini had a good TOC outline that their lender partner was Genesis and the funds would go to them. You agreed to the TOC. While I am sorry this is happening to you, it's critical we understand what we sign up for. That said, as you also pointed out, next time is best to be your own wallet.
In the newest TOC, yes. And that's what the judge conceded. However, there's still a ton of things that the court is looking into that can change what that means in regard to customers, and returns. As they still don't have any go ahead to sell until these contesttions, i.e.: the verbal toc break in AMAs by Mashinsky, The sleeper updates to TOC that fundamentally changed the risk profile (doing security things with unaccredited investors), and and still looming Ponzi possibility (among a few others), things can change from this preliminary statement by the judge. I know a lot of Celsius customers, like myself, are likely Doom scrolling so I wanted to offer some perspective amidst what feels like a ton of fear porn. Aaron Bennett on YouTube recently put [this] (https://youtu.be/7L6OIeMrTcI) up, hope this is helpful.
OP needs to calm down. It’s like a run on sentence after run on sentence. What are the TOC of the bank? Can you list the fees chart? This sounds like a big complain post with no substance.
Wells Fargo was harming users by arbitrarily raising platform fees to boost their revenue. Got caught and has to fork out 3.7B in fees and restitutions. FTX took their customers money against their TOC and then frivolously gambled those 12b with no way of customers recouping much. Not defending Wells at all but SBF's billion dollar fraud is on another level itself. Considering how so many people lost their life savings thanks to him
WF gambled $12B of customer funds despite TOC saying it wouldn't. FTX gambled $8B of customer funds despite TOC saying it wouldn't So where's the distinction?
One was affecting customers by bringing up phantom fees to prop up their revenue. Got caught and is paying $3.7B in fees. The other, took their customers money despite TOC saying it wouldn't and gambled those $12B with no way of having clients recouping much, if anything. Not defending Wells at all, but what FTX did was way worse.
Because these people are shouting things without doing research! All these big companies from the chemical industries are producing more CO2 and have a lot of TOC and VOC pollution, yet nobody is looking at them.
You do not specifically need a cold wallet, but it is always safer. You could start with a mobile wallet if you trust yourself enough with that. It should however be a non-custodial wallet. You can also set up a wallet on a old laptop or raspberry pi. A cold wallet is the preferred bitcoiner way of storing funds over a longer time. Once you get to 1btc or more I would recommend multi-sig setup, but you have time to get acquainted with that as you accumulate more satishos. Just remember, don't rush it. Make sure you understand what you are doing and the consequences of it. Nothing comes without a tradeoff. Currently setup you have is convenient with nice UX, however, the tradeoff is your Bitcoin is not yours. As long as they are in Robinhood, they belong to Robinhood. If they disappear or decides to change their TOC. You may loose access to them. Stay safe, stack Sats and make sure you remember the phrase "Not your keys, not your coins"
Did you read the TOC. Some of them actually wrote in their TOC, on case of bankruptcy the coins would be theirs. Not your keys, not your coins. I know this does not help you now, but this is important that you understand it. People chasing yield with Bitcoin is insane. Fiat is mad efor forcing people to chase yield, however, Bitcoin is made for saving and no yield is needed. Greed got you my friend. Start over and try not to get swayed into gambling your Bitcoin for a tiny amount of yield
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/z34qab/daily_general_discussion_november_24_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/z2pewa/does_anyone_smell_market_manipulation/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/z1empq/daily_general_discussion_november_22_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/z0jm96/daily_general_discussion_november_21_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/yyygsf/daily_general_discussion_november_19_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/yyygsf/daily_general_discussion_november_19_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/yy5ofm/daily_general_discussion_november_18_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/ywdu9s/daily_general_discussion_november_16_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/ywdu9s/daily_general_discussion_november_16_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/ytmecs/daily_general_discussion_november_13_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/ysr8p8/daily_general_discussion_november_12_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/yqzprc/daily_general_discussion_november_10_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/yqzprc/daily_general_discussion_november_10_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/yq2tow/daily_general_discussion_november_9_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/yq2tow/daily_general_discussion_november_9_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/yp5bfb/daily_general_discussion_november_8_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/yp5bfb/daily_general_discussion_november_8_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/ykmhcv/daily_general_discussion_november_3_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/xu3vcu\/daily_general_discussion_october_3_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/xp0c4c/daily_general_discussion_september_27_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/xb3w34/daily_general_discussion_september_11_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/xb3w34/daily_general_discussion_september_11_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/w9u75j/daily_general_discussion_july_28_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/w79u5f/daily_general_discussion_july_25_2022_gmt0/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/vpazdp/monthly_optimists_discussion_july_2022/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/vpazdp/monthly_optimists_discussion_july_2022/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/vpazdp/monthly_optimists_discussion_july_2022/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/vpazdp/monthly_optimists_discussion_july_2022/).
#Moon Con-Arguments Below is an argument written by Flying_Koeksister which won 3rd place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *I am re-using my previous argument. Published 27 Sep 2021.* [Original Post](https://www.reddit.com/r/CryptoCurrency/comments/ovmtsn/comment/hegu5yg/?utm_source=share&utm_medium=web2x&context=3) *. This is the first time it is being re-used (to my knowledge). Will probably update this at some point* > > \--- > > ## Encourages professional “Moon farming” and spamming > > Moon has generated a breed of redittors, which has been nicknamed “Moonfarmers”. These users spend 99% of their reddit activity commenting profusely in the r/cryptocurrency sub. Most moon farming happens from commenting and not creating posts\*\*(\*\* [**source:**](https://www.reddit.com/r/CryptoCurrency/comments/p0jsd8/i_analyzed_top_16_contributors_in_the_latest_moon/) **)**. How does this look in practice? During the round 16 distribution the highest farmers average submission was around 473/day. Of those who maxed out their karma (15k) the average was around 139 per day. There have been an extreme example of a user who managed over 500 comments in a single day in the daily discussion ([**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/)**)** > > ## The race to comment for moons puts a strain on moderators > > In July this year r/cryptocurrency received 80 000 submissions – an 80 fold increase when compared to previous years **(**[**source:**](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)**)**. This has put a strain on moderators and has even overloaded some moderation bots **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/pftw5l/disincentivize_extreme_moon_farming_spam/) **)**. New moon distribution rules has improved this stat sufficiently however the current comments per day sits around 25k which is an increase of 25 fold when comparing September 2021 with 2020 **(**[**source**](https://subredditstats.com/r/cryptocurrency)**)** > > ## Encourages use of alts for moon farming > > This sub limits moon earning to up to 15 000 karma. In theory, this should limit moon farmers since after 15k they will not be earning any more moons. What some enterprising users have done is use alt accounts to increase the amount of moons earned. In some cases both accounts would appear in the top 10 moon earners. **(**[**source:**](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)**)(** [**second source**](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)**)** > > ## Potential for vote manipulation syndicates > > Some users has allegedly engaged in vote manipulation (we can only assume to earn moons) ([**source**](https://www.reddit.com/r/LazyMoons/comments/pqid0u\/shady_upvote_manipulation/)**)**. This is very explicitly against the rules of Reddit **(**[**source**](https://reddit.zendesk.com/hc/en-us/articles/360043066412-What-constitutes-vote-cheating-or-vote-manipulation-)**).** > > ## Limited governance > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community is governed and how moons should be distributed. According to the moon wiki moderators however may retain the right to approve or deny polls for any reason. This means that the final say does not rest with the users/moon holders but the mods instead. Should a bad player ever enter the mod team this would put the entire governance structure at risk **(**[**source**](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) **)** > > *(Side note:* r/cryptocurrency *has currently has excellent mods - this is simply a critical view on moons as per the cointest)* > > ## Closed off development. > > Decentralized crypto (such as Bitcoin) is open for anyone to join and contribute to the codebase **(**[**source)** ](https://bitcoin.org/en/development).In the case of Moons, it is not clear who develops moons as development happens behind closed doors. Users are not free to add to the code base nor inspect the code **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)**)** > > ## Officially, has no value and is discouraged to exchange for cash, goods or services. > > Moons are part of Reddits community points experiment. According to the Reddit Community Points terms of Service community points have no monetary value at all. Furthermore, it is clear that there is no intention to create an official method of exchanging community points for monetary value. This would imply that any exchange would be be against the Reddit Community Points terms of service. This would provide the right for reddit to suspend or terminate the offending reddit account. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Uncertain future prospects > > Community points are experimental at this stage. The TOC reserves the right of Reddit to make any changes to how community points works and even remove the feature altogether. Users are encouraged not to rely on the continued availability of community points. **(**[**source**](https://www.redditinc.com/policies/community-points-terms-of-service)**)** > > ## Limited use case > > Moons have very limited use cases which includes tipping other users on r/cc, purchasing a special membership of r/cc, and for voting on governance polls (the more moons owned the higher the voting power). **(**[**source**](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)**)** > > ## Summary > > While moons provide an exciting element to the r/cryptocurrency sub they come with significant drawbacks. > > 1. Incentivizes comment spam (results in content quality reduction, lower user enjoyment, overloaded mod team) > 2. Abuse of system by some users (Alt accounts; voting manipulation ) > 3. Limited user governance powers & closed off development > 4. Officially has no monetary value & uncertain future prospects ) > 5. Very limited use cases All sources to links are included in the longer arguments > > *Disclaimer/Disclosure:* I own over 1.9k moons at the time of writing and I do enjoy the moon system . ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/vpazdp/monthly_optimists_discussion_july_2022/).
How does it make it stronger? If I ran my own node what power do I have to stop a 51% attack? What knowledge do I have to accept changes? I fear it will become like apple updates where no one reads the TOC.
#Moon Pro-Arguments Below is an argument written by Flying_Koeksister which won 1st place for Moon Pro-Arguments in a prior [r/CC Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > ## Advantages of Moons > > ## 1. Increases user engagement and traffic. > > Moons combined with the Karma system incentivizes users to be more active on r/Cryptocurrency This may be a good thing as it increases exposure of cryptocurrencies as whole and secondly increasing subscribers to the sub. > > **1.1.** ***Moon Use cases*** > > Moon earnings are based on karma earned for each cycle. This would effectively make moons a spendable form of Karma ([source](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)). > > This is useful to improve user engagement. Currently users can do the following: > > * Tip each other > * Purchase a special membership of > * Voting on governance polls (the more moons owned the higher the voting power). > * Redeem for Reddit coins > > **1.2.** ***Incentives for Mods*** > > Moderators earns a sizable amount of moons too – about 10% of each distribution. This potentially incentivizes mods to work hard in order to remain a mod ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki#wiki_moon_distribution)) . This also may incentivize users to apply to become mods (hence the sub is unlikely to ever have a shortage of potential recruits ([source](https://www.reddit.com/r/CryptoRecruiting/)). > > ***1.3. Noticeable improvement in user activity*** > > r/cryptocurrency experienced a 25 fold increase in activity between September 2021 and September 2020 (source). In the broader context, decentralized tokens such as moons could be useful in potentially increasing the user base of Reddit itself. Currently Reddit boasts 430 million monthly active subscribers, which ranks it as the 14th most active social media platform ([source](https://datareportal.com/social-media-users)). > > **1.4.** ***External Community engagement (beneficial to*** r/Cryptocurrency\*\*)\*\* > > There has also been indirect improvements in engagement by means of related subs. Entirely volunteer based these happen both within Reddit and outside of Reddit. Two prime examples are mentioned below: The r/Lazymoons sub and the CC Moons website. > > Within the Lazy moons sub, users have banded together to eliminate abuse of the Moon system by identifying alt account abusers, vote syndicators and more. ([source:](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)) ([Second source](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)) > > The CC Moons website however, focusses more on Moon stats. This site was created by u\/ominous_anenome and tracks moon activity, identify moon whales and much more ([source](https://ccmoons.com/)). > > ## 2. Working governance. > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community governs itself and how moons are distributed. In practice, this has been largely successful with tangible results. These polls have a direct impact on user interaction with the sub. Some successful polls passed includes: > > * **Bonus karma for people that keep MOONs in vault** – 20% bonus for users that does not move their moons from their vault. > * **Double Comment Karma** . Comment Karma earns 2x the amount of post Karma. > * **15,000 karma cap on Moon Distribution** \- Limits maximum Karma that can be considered for moon distributions, > * **Implement Moon Week**\- A week that shows the moon snapshot and has all governance polls posted in one place. > * **Allow users to tip up to 100 moons per round without loss of 20% karma bonus** \- Users can tip up to 100 moons per round without affecting their karma bonus. > * **Disincentivize Extreme Moon Farming Spam -** After 49 contributions, users Users will see a gradual reduction in Moon rewards for that day. > > More polls can be found on the moon wiki page. The Wiki page also has links the polls mentioned above ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki#wiki_moon_distribution)). > > The success of these polls demonstrates how the community has taken charge, and collectively governed the sub in order to improve the sub, reduce spam, reduce abuse of the moon system among other benefits. > > ## 3. Active Development > > Moons are actively being development, tested an improved. The latest improvement was the launch of a scaling network based on Arbitrum technology. There is also a clear intention to eventually migrate moons to the etherium main network ([source](https://old.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)). Reddit has further sought to recruit an additional backend engineer to further the cause of creating decentralized networks, smart contracts and infrastructure ([Source](https://boards.greenhouse.io/reddit/jobs/2790178)). > > ​ > > ## 4. Experimental nature allows for controlled risk management > > Community points such as moons are actually still as an experiment for Reddit [(source)](https://www.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/?utm_source=reddit&utm_medium=usertext&utm_name=CryptoCurrency&utm_content=t3_opibci). Currently the experiment is running with two other subs. The big advantage of this reduces the risk for Reddit (should anything go wrong). It also allows Reddit to fine tune, make adjustments, and see the results in real time. > > Taking into the points mentioned earlier, it is clear that Moons (among other community points) has been a highly successful experiment. > > ## 5. Tight integration into Reddit with adequate documentation. > > **5.1.** ***Integration into Reddit.*** > > Reddit moons are stored in a vault, which is part of the official Reddit App. Users do not have to do any complicated technical installations and the vault opening process is seamless. Users need only open their vault from within the reddit app, save their seed phrase and they are ready to earn moons ([source](https://www.reddit.com/vault/)). > > This is in contrast to Donuts earned in the Ethtrader sub, which requires several additional steps (including the installation of an external wallet such as metamask) in order to be set up ([source](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)) > > **5.2.** ***Documentation and assistance*** > > Moons have a fairly comprehensive guide in the form of a wiki in order to help new users get familiar with the token, governance and more ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki#wiki_moon_distribution)) > > ​ > > ## 6. Safety net and controls for Reddit Mods and Admin > > **6.1. G*****overnance control ,*** > > Moderators have final say over proposals by retaining the right to approve or deny polls for any reason. This acts as a counter balance and allows the mods to ensure that Moon governance stays within the Terms and conditions of Reddit itself. It also allows mods to veto proposals that may not be technically possible ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)) > > **6.2.** ***Development control*** > > Reddit is solely responsible for the development of community points such as moons and hence have firm control of the future of moons. ([Source](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)) > > ***6.3. Legal controls / Terms and conditions*** > > Reddit has protected itself in its terms and conditions. The TOC gives Reddit to terminate the availability of moons at any time. Furthermore the TOC states that moons and all other community points has no monetary value nor is there any intention to create an official method of exchanging community points for monetary value ([source](https://www.redditinc.com/policies/community-points-terms-of-service)) > > The control mechanisms allow Reddit the following protections: > > * Ability to terminate Community points if it breaches the TOC or the Law > * Protections against being investigated from the SEC (moon has no monetary value) > * Ability to ensure moon development is within the TOC > * Ability to terminate community point services to any individual user that goes against the TOC. > > ​ > > ## 7. Conclusions > > r/Cryptocurrency moons has successfully improved user engagement by incentivizing contributions to the sub. This has resulted in noticeable increase in user engagement with a highly effective governance system. The in-house crypto has also sparked external activity (both within and outside of reddit) which has proved beneficial for the r/cryptocurrency sub. > > There are also sufficient in-built controls which would satisfy the ability for Reddit to intervene should any unsavory activity take place. > > Disclaimer : I own 412 moons at the time of writing. ***** Would you like to know more? [Click here](/r/CryptoCurrency/comments/ovmtth/rcc_cointest_coin_inquiries_moons_proarguments/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. You're invited to participate in this contest. Winners are awarded moon prizes if they win. The moon prize allocations are 300 moons for 1st place, 150 moons for 2nd place, and 75 moons for 3rd place. Winners are also assigned special trophy flair which will be visible in r/CryptoCurrency and r/CointestOfficial.
#Moon Pro-Arguments Below is an argument written by Flying_Koeksister which won 1st place for Moon Pro-Arguments in a prior [r/CC Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > ## Advantages of Moons > > ## 1. Increases user engagement and traffic. > > Moons combined with the Karma system incentivizes users to be more active on r/Cryptocurrency This may be a good thing as it increases exposure of cryptocurrencies as whole and secondly increasing subscribers to the sub. > > **1.1.** ***Moon Use cases*** > > Moon earnings are based on karma earned for each cycle. This would effectively make moons a spendable form of Karma ([source](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)). > > This is useful to improve user engagement. Currently users can do the following: > > * Tip each other > * Purchase a special membership of > * Voting on governance polls (the more moons owned the higher the voting power). > * Redeem for Reddit coins > > **1.2.** ***Incentives for Mods*** > > Moderators earns a sizable amount of moons too – about 10% of each distribution. This potentially incentivizes mods to work hard in order to remain a mod ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki#wiki_moon_distribution)) . This also may incentivize users to apply to become mods (hence the sub is unlikely to ever have a shortage of potential recruits ([source](https://www.reddit.com/r/CryptoRecruiting/)). > > ***1.3. Noticeable improvement in user activity*** > > r/cryptocurrency experienced a 25 fold increase in activity between September 2021 and September 2020 (source). In the broader context, decentralized tokens such as moons could be useful in potentially increasing the user base of Reddit itself. Currently Reddit boasts 430 million monthly active subscribers, which ranks it as the 14th most active social media platform ([source](https://datareportal.com/social-media-users)). > > **1.4.** ***External Community engagement (beneficial to*** r/Cryptocurrency\*\*)\*\* > > There has also been indirect improvements in engagement by means of related subs. Entirely volunteer based these happen both within Reddit and outside of Reddit. Two prime examples are mentioned below: The r/Lazymoons sub and the CC Moons website. > > Within the Lazy moons sub, users have banded together to eliminate abuse of the Moon system by identifying alt account abusers, vote syndicators and more. ([source:](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)) ([Second source](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)) > > The CC Moons website however, focusses more on Moon stats. This site was created by u\/ominous_anenome and tracks moon activity, identify moon whales and much more ([source](https://ccmoons.com/)). > > ## 2. Working governance. > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community governs itself and how moons are distributed. In practice, this has been largely successful with tangible results. These polls have a direct impact on user interaction with the sub. Some successful polls passed includes: > > * **Bonus karma for people that keep MOONs in vault** – 20% bonus for users that does not move their moons from their vault. > * **Double Comment Karma** . Comment Karma earns 2x the amount of post Karma. > * **15,000 karma cap on Moon Distribution** \- Limits maximum Karma that can be considered for moon distributions, > * **Implement Moon Week**\- A week that shows the moon snapshot and has all governance polls posted in one place. > * **Allow users to tip up to 100 moons per round without loss of 20% karma bonus** \- Users can tip up to 100 moons per round without affecting their karma bonus. > * **Disincentivize Extreme Moon Farming Spam -** After 49 contributions, users Users will see a gradual reduction in Moon rewards for that day. > > More polls can be found on the moon wiki page. The Wiki page also has links the polls mentioned above ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki#wiki_moon_distribution)). > > The success of these polls demonstrates how the community has taken charge, and collectively governed the sub in order to improve the sub, reduce spam, reduce abuse of the moon system among other benefits. > > ## 3. Active Development > > Moons are actively being development, tested an improved. The latest improvement was the launch of a scaling network based on Arbitrum technology. There is also a clear intention to eventually migrate moons to the etherium main network ([source](https://old.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)). Reddit has further sought to recruit an additional backend engineer to further the cause of creating decentralized networks, smart contracts and infrastructure ([Source](https://boards.greenhouse.io/reddit/jobs/2790178)). > > ​ > > ## 4. Experimental nature allows for controlled risk management > > Community points such as moons are actually still as an experiment for Reddit [(source)](https://www.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/?utm_source=reddit&utm_medium=usertext&utm_name=CryptoCurrency&utm_content=t3_opibci). Currently the experiment is running with two other subs. The big advantage of this reduces the risk for Reddit (should anything go wrong). It also allows Reddit to fine tune, make adjustments, and see the results in real time. > > Taking into the points mentioned earlier, it is clear that Moons (among other community points) has been a highly successful experiment. > > ## 5. Tight integration into Reddit with adequate documentation. > > **5.1.** ***Integration into Reddit.*** > > Reddit moons are stored in a vault, which is part of the official Reddit App. Users do not have to do any complicated technical installations and the vault opening process is seamless. Users need only open their vault from within the reddit app, save their seed phrase and they are ready to earn moons ([source](https://www.reddit.com/vault/)). > > This is in contrast to Donuts earned in the Ethtrader sub, which requires several additional steps (including the installation of an external wallet such as metamask) in order to be set up ([source](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)) > > **5.2.** ***Documentation and assistance*** > > Moons have a fairly comprehensive guide in the form of a wiki in order to help new users get familiar with the token, governance and more ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki#wiki_moon_distribution)) > > ​ > > ## 6. Safety net and controls for Reddit Mods and Admin > > **6.1. G*****overnance control ,*** > > Moderators have final say over proposals by retaining the right to approve or deny polls for any reason. This acts as a counter balance and allows the mods to ensure that Moon governance stays within the Terms and conditions of Reddit itself. It also allows mods to veto proposals that may not be technically possible ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)) > > **6.2.** ***Development control*** > > Reddit is solely responsible for the development of community points such as moons and hence have firm control of the future of moons. ([Source](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)) > > ***6.3. Legal controls / Terms and conditions*** > > Reddit has protected itself in its terms and conditions. The TOC gives Reddit to terminate the availability of moons at any time. Furthermore the TOC states that moons and all other community points has no monetary value nor is there any intention to create an official method of exchanging community points for monetary value ([source](https://www.redditinc.com/policies/community-points-terms-of-service)) > > The control mechanisms allow Reddit the following protections: > > * Ability to terminate Community points if it breaches the TOC or the Law > * Protections against being investigated from the SEC (moon has no monetary value) > * Ability to ensure moon development is within the TOC > * Ability to terminate community point services to any individual user that goes against the TOC. > > ​ > > ## 7. Conclusions > > r/Cryptocurrency moons has successfully improved user engagement by incentivizing contributions to the sub. This has resulted in noticeable increase in user engagement with a highly effective governance system. The in-house crypto has also sparked external activity (both within and outside of reddit) which has proved beneficial for the r/cryptocurrency sub. > > There are also sufficient in-built controls which would satisfy the ability for Reddit to intervene should any unsavory activity take place. > > Disclaimer : I own 412 moons at the time of writing. ***** Would you like to know more? [Click here](/r/CryptoCurrency/comments/ovmtth/rcc_cointest_coin_inquiries_moons_proarguments/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. You're invited to participate in this contest. Winners are awarded moon prizes if they win. The moon prize allocations are 300 moons for 1st place, 150 moons for 2nd place, and 75 moons for 3rd place. Winners are also assigned special trophy flair which will be visible in r/CryptoCurrency and r/CointestOfficial.
#Moon Pro-Arguments Below is an argument written by Flying_Koeksister which won 1st place for Moon Pro-Arguments in a prior [r/CC Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > ## Advantages of Moons > > ## 1. Increases user engagement and traffic. > > Moons combined with the Karma system incentivizes users to be more active on r/Cryptocurrency This may be a good thing as it increases exposure of cryptocurrencies as whole and secondly increasing subscribers to the sub. > > **1.1.** ***Moon Use cases*** > > Moon earnings are based on karma earned for each cycle. This would effectively make moons a spendable form of Karma ([source](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)). > > This is useful to improve user engagement. Currently users can do the following: > > * Tip each other > * Purchase a special membership of > * Voting on governance polls (the more moons owned the higher the voting power). > * Redeem for Reddit coins > > **1.2.** ***Incentives for Mods*** > > Moderators earns a sizable amount of moons too – about 10% of each distribution. This potentially incentivizes mods to work hard in order to remain a mod ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki#wiki_moon_distribution)) . This also may incentivize users to apply to become mods (hence the sub is unlikely to ever have a shortage of potential recruits ([source](https://www.reddit.com/r/CryptoRecruiting/)). > > ***1.3. Noticeable improvement in user activity*** > > r/cryptocurrency experienced a 25 fold increase in activity between September 2021 and September 2020 (source). In the broader context, decentralized tokens such as moons could be useful in potentially increasing the user base of Reddit itself. Currently Reddit boasts 430 million monthly active subscribers, which ranks it as the 14th most active social media platform ([source](https://datareportal.com/social-media-users)). > > **1.4.** ***External Community engagement (beneficial to*** r/Cryptocurrency\*\*)\*\* > > There has also been indirect improvements in engagement by means of related subs. Entirely volunteer based these happen both within Reddit and outside of Reddit. Two prime examples are mentioned below: The r/Lazymoons sub and the CC Moons website. > > Within the Lazy moons sub, users have banded together to eliminate abuse of the Moon system by identifying alt account abusers, vote syndicators and more. ([source:](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)) ([Second source](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)) > > The CC Moons website however, focusses more on Moon stats. This site was created by u\/ominous_anenome and tracks moon activity, identify moon whales and much more ([source](https://ccmoons.com/)). > > ## 2. Working governance. > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community governs itself and how moons are distributed. In practice, this has been largely successful with tangible results. These polls have a direct impact on user interaction with the sub. Some successful polls passed includes: > > * **Bonus karma for people that keep MOONs in vault** – 20% bonus for users that does not move their moons from their vault. > * **Double Comment Karma** . Comment Karma earns 2x the amount of post Karma. > * **15,000 karma cap on Moon Distribution** \- Limits maximum Karma that can be considered for moon distributions, > * **Implement Moon Week**\- A week that shows the moon snapshot and has all governance polls posted in one place. > * **Allow users to tip up to 100 moons per round without loss of 20% karma bonus** \- Users can tip up to 100 moons per round without affecting their karma bonus. > * **Disincentivize Extreme Moon Farming Spam -** After 49 contributions, users Users will see a gradual reduction in Moon rewards for that day. > > More polls can be found on the moon wiki page. The Wiki page also has links the polls mentioned above ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki#wiki_moon_distribution)). > > The success of these polls demonstrates how the community has taken charge, and collectively governed the sub in order to improve the sub, reduce spam, reduce abuse of the moon system among other benefits. > > ## 3. Active Development > > Moons are actively being development, tested an improved. The latest improvement was the launch of a scaling network based on Arbitrum technology. There is also a clear intention to eventually migrate moons to the etherium main network ([source](https://old.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)). Reddit has further sought to recruit an additional backend engineer to further the cause of creating decentralized networks, smart contracts and infrastructure ([Source](https://boards.greenhouse.io/reddit/jobs/2790178)). > > ​ > > ## 4. Experimental nature allows for controlled risk management > > Community points such as moons are actually still as an experiment for Reddit [(source)](https://www.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/?utm_source=reddit&utm_medium=usertext&utm_name=CryptoCurrency&utm_content=t3_opibci). Currently the experiment is running with two other subs. The big advantage of this reduces the risk for Reddit (should anything go wrong). It also allows Reddit to fine tune, make adjustments, and see the results in real time. > > Taking into the points mentioned earlier, it is clear that Moons (among other community points) has been a highly successful experiment. > > ## 5. Tight integration into Reddit with adequate documentation. > > **5.1.** ***Integration into Reddit.*** > > Reddit moons are stored in a vault, which is part of the official Reddit App. Users do not have to do any complicated technical installations and the vault opening process is seamless. Users need only open their vault from within the reddit app, save their seed phrase and they are ready to earn moons ([source](https://www.reddit.com/vault/)). > > This is in contrast to Donuts earned in the Ethtrader sub, which requires several additional steps (including the installation of an external wallet such as metamask) in order to be set up ([source](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)) > > **5.2.** ***Documentation and assistance*** > > Moons have a fairly comprehensive guide in the form of a wiki in order to help new users get familiar with the token, governance and more ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki#wiki_moon_distribution)) > > ​ > > ## 6. Safety net and controls for Reddit Mods and Admin > > **6.1. G*****overnance control ,*** > > Moderators have final say over proposals by retaining the right to approve or deny polls for any reason. This acts as a counter balance and allows the mods to ensure that Moon governance stays within the Terms and conditions of Reddit itself. It also allows mods to veto proposals that may not be technically possible ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)) > > **6.2.** ***Development control*** > > Reddit is solely responsible for the development of community points such as moons and hence have firm control of the future of moons. ([Source](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)) > > ***6.3. Legal controls / Terms and conditions*** > > Reddit has protected itself in its terms and conditions. The TOC gives Reddit to terminate the availability of moons at any time. Furthermore the TOC states that moons and all other community points has no monetary value nor is there any intention to create an official method of exchanging community points for monetary value ([source](https://www.redditinc.com/policies/community-points-terms-of-service)) > > The control mechanisms allow Reddit the following protections: > > * Ability to terminate Community points if it breaches the TOC or the Law > * Protections against being investigated from the SEC (moon has no monetary value) > * Ability to ensure moon development is within the TOC > * Ability to terminate community point services to any individual user that goes against the TOC. > > ​ > > ## 7. Conclusions > > r/Cryptocurrency moons has successfully improved user engagement by incentivizing contributions to the sub. This has resulted in noticeable increase in user engagement with a highly effective governance system. The in-house crypto has also sparked external activity (both within and outside of reddit) which has proved beneficial for the r/cryptocurrency sub. > > There are also sufficient in-built controls which would satisfy the ability for Reddit to intervene should any unsavory activity take place. > > Disclaimer : I own 412 moons at the time of writing. ***** Would you like to know more? [Click here](/r/CryptoCurrency/comments/ovmtth/rcc_cointest_coin_inquiries_moons_proarguments/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. You're invited to participate in this contest. Winners are awarded moon prizes if they win. The moon prize allocations are 300 moons for 1st place, 150 moons for 2nd place, and 75 moons for 3rd place. Winners are also assigned special trophy flair which will be visible in r/CryptoCurrency and r/CointestOfficial.
#Moon Pro-Arguments Below is an argument written by Flying_Koeksister which won 1st place for Moon Pro-Arguments in a prior [r/CC Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > ## Advantages of Moons > > ## 1. Increases user engagement and traffic. > > Moons combined with the Karma system incentivizes users to be more active on r/Cryptocurrency This may be a good thing as it increases exposure of cryptocurrencies as whole and secondly increasing subscribers to the sub. > > **1.1.** ***Moon Use cases*** > > Moon earnings are based on karma earned for each cycle. This would effectively make moons a spendable form of Karma ([source](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)). > > This is useful to improve user engagement. Currently users can do the following: > > * Tip each other > * Purchase a special membership of > * Voting on governance polls (the more moons owned the higher the voting power). > * Redeem for Reddit coins > > **1.2.** ***Incentives for Mods*** > > Moderators earns a sizable amount of moons too – about 10% of each distribution. This potentially incentivizes mods to work hard in order to remain a mod ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki#wiki_moon_distribution)) . This also may incentivize users to apply to become mods (hence the sub is unlikely to ever have a shortage of potential recruits ([source](https://www.reddit.com/r/CryptoRecruiting/)). > > ***1.3. Noticeable improvement in user activity*** > > r/cryptocurrency experienced a 25 fold increase in activity between September 2021 and September 2020 (source). In the broader context, decentralized tokens such as moons could be useful in potentially increasing the user base of Reddit itself. Currently Reddit boasts 430 million monthly active subscribers, which ranks it as the 14th most active social media platform ([source](https://datareportal.com/social-media-users)). > > **1.4.** ***External Community engagement (beneficial to*** r/Cryptocurrency\*\*)\*\* > > There has also been indirect improvements in engagement by means of related subs. Entirely volunteer based these happen both within Reddit and outside of Reddit. Two prime examples are mentioned below: The r/Lazymoons sub and the CC Moons website. > > Within the Lazy moons sub, users have banded together to eliminate abuse of the Moon system by identifying alt account abusers, vote syndicators and more. ([source:](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)) ([Second source](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)) > > The CC Moons website however, focusses more on Moon stats. This site was created by u\/ominous_anenome and tracks moon activity, identify moon whales and much more ([source](https://ccmoons.com/)). > > ## 2. Working governance. > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community governs itself and how moons are distributed. In practice, this has been largely successful with tangible results. These polls have a direct impact on user interaction with the sub. Some successful polls passed includes: > > * **Bonus karma for people that keep MOONs in vault** – 20% bonus for users that does not move their moons from their vault. > * **Double Comment Karma** . Comment Karma earns 2x the amount of post Karma. > * **15,000 karma cap on Moon Distribution** \- Limits maximum Karma that can be considered for moon distributions, > * **Implement Moon Week**\- A week that shows the moon snapshot and has all governance polls posted in one place. > * **Allow users to tip up to 100 moons per round without loss of 20% karma bonus** \- Users can tip up to 100 moons per round without affecting their karma bonus. > * **Disincentivize Extreme Moon Farming Spam -** After 49 contributions, users Users will see a gradual reduction in Moon rewards for that day. > > More polls can be found on the moon wiki page. The Wiki page also has links the polls mentioned above ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki#wiki_moon_distribution)). > > The success of these polls demonstrates how the community has taken charge, and collectively governed the sub in order to improve the sub, reduce spam, reduce abuse of the moon system among other benefits. > > ## 3. Active Development > > Moons are actively being development, tested an improved. The latest improvement was the launch of a scaling network based on Arbitrum technology. There is also a clear intention to eventually migrate moons to the etherium main network ([source](https://old.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)). Reddit has further sought to recruit an additional backend engineer to further the cause of creating decentralized networks, smart contracts and infrastructure ([Source](https://boards.greenhouse.io/reddit/jobs/2790178)). > > ​ > > ## 4. Experimental nature allows for controlled risk management > > Community points such as moons are actually still as an experiment for Reddit [(source)](https://www.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/?utm_source=reddit&utm_medium=usertext&utm_name=CryptoCurrency&utm_content=t3_opibci). Currently the experiment is running with two other subs. The big advantage of this reduces the risk for Reddit (should anything go wrong). It also allows Reddit to fine tune, make adjustments, and see the results in real time. > > Taking into the points mentioned earlier, it is clear that Moons (among other community points) has been a highly successful experiment. > > ## 5. Tight integration into Reddit with adequate documentation. > > **5.1.** ***Integration into Reddit.*** > > Reddit moons are stored in a vault, which is part of the official Reddit App. Users do not have to do any complicated technical installations and the vault opening process is seamless. Users need only open their vault from within the reddit app, save their seed phrase and they are ready to earn moons ([source](https://www.reddit.com/vault/)). > > This is in contrast to Donuts earned in the Ethtrader sub, which requires several additional steps (including the installation of an external wallet such as metamask) in order to be set up ([source](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)) > > **5.2.** ***Documentation and assistance*** > > Moons have a fairly comprehensive guide in the form of a wiki in order to help new users get familiar with the token, governance and more ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki#wiki_moon_distribution)) > > ​ > > ## 6. Safety net and controls for Reddit Mods and Admin > > **6.1. G*****overnance control ,*** > > Moderators have final say over proposals by retaining the right to approve or deny polls for any reason. This acts as a counter balance and allows the mods to ensure that Moon governance stays within the Terms and conditions of Reddit itself. It also allows mods to veto proposals that may not be technically possible ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)) > > **6.2.** ***Development control*** > > Reddit is solely responsible for the development of community points such as moons and hence have firm control of the future of moons. ([Source](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)) > > ***6.3. Legal controls / Terms and conditions*** > > Reddit has protected itself in its terms and conditions. The TOC gives Reddit to terminate the availability of moons at any time. Furthermore the TOC states that moons and all other community points has no monetary value nor is there any intention to create an official method of exchanging community points for monetary value ([source](https://www.redditinc.com/policies/community-points-terms-of-service)) > > The control mechanisms allow Reddit the following protections: > > * Ability to terminate Community points if it breaches the TOC or the Law > * Protections against being investigated from the SEC (moon has no monetary value) > * Ability to ensure moon development is within the TOC > * Ability to terminate community point services to any individual user that goes against the TOC. > > ​ > > ## 7. Conclusions > > r/Cryptocurrency moons has successfully improved user engagement by incentivizing contributions to the sub. This has resulted in noticeable increase in user engagement with a highly effective governance system. The in-house crypto has also sparked external activity (both within and outside of reddit) which has proved beneficial for the r/cryptocurrency sub. > > There are also sufficient in-built controls which would satisfy the ability for Reddit to intervene should any unsavory activity take place. > > Disclaimer : I own 412 moons at the time of writing. ***** Would you like to know more? [Click here](/r/CryptoCurrency/comments/ovmtth/rcc_cointest_coin_inquiries_moons_proarguments/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. You're invited to participate in this contest. Winners are awarded moon prizes if they win. The moon prize allocations are 300 moons for 1st place, 150 moons for 2nd place, and 75 moons for 3rd place. Winners are also assigned special trophy flair which will be visible in r/CryptoCurrency and r/CointestOfficial.
#Moon Pro-Arguments Below is an argument written by Flying_Koeksister which won 1st place for Moon Pro-Arguments in a prior [r/CC Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > ## Advantages of Moons > > ## 1. Increases user engagement and traffic. > > Moons combined with the Karma system incentivizes users to be more active on r/Cryptocurrency This may be a good thing as it increases exposure of cryptocurrencies as whole and secondly increasing subscribers to the sub. > > **1.1.** ***Moon Use cases*** > > Moon earnings are based on karma earned for each cycle. This would effectively make moons a spendable form of Karma ([source](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd/)). > > This is useful to improve user engagement. Currently users can do the following: > > * Tip each other > * Purchase a special membership of > * Voting on governance polls (the more moons owned the higher the voting power). > * Redeem for Reddit coins > > **1.2.** ***Incentives for Mods*** > > Moderators earns a sizable amount of moons too – about 10% of each distribution. This potentially incentivizes mods to work hard in order to remain a mod ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki#wiki_moon_distribution)) . This also may incentivize users to apply to become mods (hence the sub is unlikely to ever have a shortage of potential recruits ([source](https://www.reddit.com/r/CryptoRecruiting/)). > > ***1.3. Noticeable improvement in user activity*** > > r/cryptocurrency experienced a 25 fold increase in activity between September 2021 and September 2020 (source). In the broader context, decentralized tokens such as moons could be useful in potentially increasing the user base of Reddit itself. Currently Reddit boasts 430 million monthly active subscribers, which ranks it as the 14th most active social media platform ([source](https://datareportal.com/social-media-users)). > > **1.4.** ***External Community engagement (beneficial to*** r/Cryptocurrency\*\*)\*\* > > There has also been indirect improvements in engagement by means of related subs. Entirely volunteer based these happen both within Reddit and outside of Reddit. Two prime examples are mentioned below: The r/Lazymoons sub and the CC Moons website. > > Within the Lazy moons sub, users have banded together to eliminate abuse of the Moon system by identifying alt account abusers, vote syndicators and more. ([source:](https://www.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/)) ([Second source](https://www.reddit.com/r/LazyMoons/comments/pfbeqe/ujkopas_and_uapprehensivedataguy_are_the_same/)) > > The CC Moons website however, focusses more on Moon stats. This site was created by u\/ominous_anenome and tracks moon activity, identify moon whales and much more ([source](https://ccmoons.com/)). > > ## 2. Working governance. > > Moon governance polls are-weighted according to the moon holdings of each users. Users will be able to provide inputs on how the community governs itself and how moons are distributed. In practice, this has been largely successful with tangible results. These polls have a direct impact on user interaction with the sub. Some successful polls passed includes: > > * **Bonus karma for people that keep MOONs in vault** – 20% bonus for users that does not move their moons from their vault. > * **Double Comment Karma** . Comment Karma earns 2x the amount of post Karma. > * **15,000 karma cap on Moon Distribution** \- Limits maximum Karma that can be considered for moon distributions, > * **Implement Moon Week**\- A week that shows the moon snapshot and has all governance polls posted in one place. > * **Allow users to tip up to 100 moons per round without loss of 20% karma bonus** \- Users can tip up to 100 moons per round without affecting their karma bonus. > * **Disincentivize Extreme Moon Farming Spam -** After 49 contributions, users Users will see a gradual reduction in Moon rewards for that day. > > More polls can be found on the moon wiki page. The Wiki page also has links the polls mentioned above ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki#wiki_moon_distribution)). > > The success of these polls demonstrates how the community has taken charge, and collectively governed the sub in order to improve the sub, reduce spam, reduce abuse of the moon system among other benefits. > > ## 3. Active Development > > Moons are actively being development, tested an improved. The latest improvement was the launch of a scaling network based on Arbitrum technology. There is also a clear intention to eventually migrate moons to the etherium main network ([source](https://old.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)). Reddit has further sought to recruit an additional backend engineer to further the cause of creating decentralized networks, smart contracts and infrastructure ([Source](https://boards.greenhouse.io/reddit/jobs/2790178)). > > ​ > > ## 4. Experimental nature allows for controlled risk management > > Community points such as moons are actually still as an experiment for Reddit [(source)](https://www.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/?utm_source=reddit&utm_medium=usertext&utm_name=CryptoCurrency&utm_content=t3_opibci). Currently the experiment is running with two other subs. The big advantage of this reduces the risk for Reddit (should anything go wrong). It also allows Reddit to fine tune, make adjustments, and see the results in real time. > > Taking into the points mentioned earlier, it is clear that Moons (among other community points) has been a highly successful experiment. > > ## 5. Tight integration into Reddit with adequate documentation. > > **5.1.** ***Integration into Reddit.*** > > Reddit moons are stored in a vault, which is part of the official Reddit App. Users do not have to do any complicated technical installations and the vault opening process is seamless. Users need only open their vault from within the reddit app, save their seed phrase and they are ready to earn moons ([source](https://www.reddit.com/vault/)). > > This is in contrast to Donuts earned in the Ethtrader sub, which requires several additional steps (including the installation of an external wallet such as metamask) in order to be set up ([source](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)) > > **5.2.** ***Documentation and assistance*** > > Moons have a fairly comprehensive guide in the form of a wiki in order to help new users get familiar with the token, governance and more ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki#wiki_moon_distribution)) > > ​ > > ## 6. Safety net and controls for Reddit Mods and Admin > > **6.1. G*****overnance control ,*** > > Moderators have final say over proposals by retaining the right to approve or deny polls for any reason. This acts as a counter balance and allows the mods to ensure that Moon governance stays within the Terms and conditions of Reddit itself. It also allows mods to veto proposals that may not be technically possible ([source](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)) > > **6.2.** ***Development control*** > > Reddit is solely responsible for the development of community points such as moons and hence have firm control of the future of moons. ([Source](https://www.reddit.com/r/CryptoCurrency/comments/n9x27f/reddit_moonscommunity_points_dd)) > > ***6.3. Legal controls / Terms and conditions*** > > Reddit has protected itself in its terms and conditions. The TOC gives Reddit to terminate the availability of moons at any time. Furthermore the TOC states that moons and all other community points has no monetary value nor is there any intention to create an official method of exchanging community points for monetary value ([source](https://www.redditinc.com/policies/community-points-terms-of-service)) > > The control mechanisms allow Reddit the following protections: > > * Ability to terminate Community points if it breaches the TOC or the Law > * Protections against being investigated from the SEC (moon has no monetary value) > * Ability to ensure moon development is within the TOC > * Ability to terminate community point services to any individual user that goes against the TOC. > > ​ > > ## 7. Conclusions > > r/Cryptocurrency moons has successfully improved user engagement by incentivizing contributions to the sub. This has resulted in noticeable increase in user engagement with a highly effective governance system. The in-house crypto has also sparked external activity (both within and outside of reddit) which has proved beneficial for the r/cryptocurrency sub. > > There are also sufficient in-built controls which would satisfy the ability for Reddit to intervene should any unsavory activity take place. > > Disclaimer : I own 412 moons at the time of writing. ***** Would you like to know more? [Click here](/r/CryptoCurrency/comments/ovmtth/rcc_cointest_coin_inquiries_moons_proarguments/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. You're invited to participate in this contest. Winners are awarded moon prizes if they win. The moon prize allocations are 300 moons for 1st place, 150 moons for 2nd place, and 75 moons for 3rd place. Winners are also assigned special trophy flair which will be visible in r/CryptoCurrency and r/CointestOfficial.
Their terms of use shouldn’t matter, right? The order was filled. Therefore, he bought XRP from a willing seller at the price the seller was happy to sell. Hence, he bought XRP at its current value during that exact moment in time. An exchange does not set market prices, the market does. I think OP has the right to claim his XRP. Under their TOC they could have blocked the order from going through but once it’s done, what legal right do they have to reverse it?
Imagine taking financial advice from TIK TOC lmao
My TOC said something completely different; maybe they changed it or it’s different in different locations.
Probably why Reddit opted to launch Moons without monetary value in the first place according to their TOC.
That literally says "To acquire digits through Ubisoft Quartz". I'm talking about acquiring the nft's on marketplaces like rarible/objkt etc. Ubisoft can't stop someone from sending an NFT to another wallet. They CAN not recognize it on ubisoft quartz if you don't adhere to their TOC and are within the countries they operate in, but it can still be sent to any tezos wallet regardless of restrictions they have because its an actual NFT, not a digital item in a database.
Hmm, so, the bot is linked to Kucoin's site as sort of an extension? Wouldn't that be against the TOC of Kucoin/Binance for example?
Yeah, I thought about this as well, but what if Binance TOC says that it's actually you that converts to FIAT (not them) and they tare just offering a very convenient way of doing so via the physical card. I'm saying this because you get all these transactions on the Binance account (under cards), so it's clear they keep track of all these.
TOC-induced Avegaring down, sounds ok
If anyone hasn't joined yet, I used the code "Freebitcoin" 2 weeks ago and it still worked and I got free BTC My personal analysis thoughts on the app so far after using different Interest earning apps: **PROS** \- User interface: Clean and easy to use UI (I like how it's darker and gives a Robinhood vibe to it; I also appreciate their alerts **- APY:** The interest they payout is consistent AT 8% \- They also pay out hourly instead of monthly like block fi which allows your crypto to compound more often **- COINS:** They offer a lot more coins than the other apps I've used like celsius and block fi (The ones I started staking are chainlink, doge, Solana, and Matic) **- FEATURES** \- Have an NFT Market \- Crypto News/Alerts/Signals **- CREDIBILITY/SECURITY:** \- Sam Bankman-Fried the guy who owns FTX is pretty highly regarded and not new within the blockchain community. \- have a lot of institutional financial backing like SEQUOIA CAPITAL and they are partnering with some large companies like Major League Baseball who I'm sure have done their due diligence to make sure they are legit. Also backed by Stephen Curry and Tom Brady and I don't think they would back a sus app. The hundreds of millions invested in these endorsement and sponsorship deals create even more incentive for FTX to be reliable and trustworthy \- Also, Claim on their site that " Your principle is backed by their funds and equity according to FTX Earn TOC. FTX US and International have the same policy." \- They also offer two-factor authentication **CONS** I feel like the way they show you how much interest you've earned for each coin separately could be a bit clearer After you receive your first $10,000 in interest earned it drops down to 5% (which is still a lot better than what block fi offers) 0.50 cent charge on any deposit 0.50 cent charge on any deposit and will update the post if I find any.
In a fictional world or an alternative universe (please don't sue me): **Apple:** *Discover the innovative world of ICoin*. The fastest crypto Apple has ever created. Apple has reinvented art with ~~NFT's~~ Apple fungible tokens (AFT's) and partnered with major Music studios. Purchase your favorite music using ICOIN, sync seamlessly using Itunes into Icloud. ^(Terms and conditions apply. 30% fees on all transactions. It is against the TOC to transfer Icoin to any other exchange other than Apple DEX. This is a parody and a joke , it does not exist Apple please don't sue me, my name is not Samsung.) **Microsoft:** *Introducing Microsoft Edge, now with built in* *~~BAT~~* *MAT.* Microsoft Edge is the best browser for Windows and Xbox. Earn Microsoft Attention Token . The token that rewards you for using Microsoft Edge. Doodle on websites , Save your websites to NFT's and sync with Microsoft 365. ^(Terms and conditions apply. Microsoft may ditch MAT at any point in time without any warning. Do not mention BAT or the brave browser in any MS website or your post will be deleted. You may not know why you would need to save a website to a NFT, but it makes us money and we might ditch that idea too after a while) ​ **Amazon:** *Introducing Amazon Kindle, now powered by Prime Block: The blockchain for Amazon!* NFT's are the new and exciting format which your beloved Kindle books and amazon prime videos will be stored in. Now your ~~embarrassing~~ reading and video history will forever stay on the block chain. Easily restore all purchases using your 12 - word seed phrase. ​ **Google** *Google Analytics - now with Google block* Google Analytics lets you measure your advertising ROI as well as track your Flash, video, and social networking sites and applications. Now we create NFT tokens for each of our users. Each token will have the full history on each user of their browsing, GPS location, YouTube and much more. Using NFT's user history can never be erased off the blockchain meaning you can earn more revenue using more ~~invasive~~ personalized ads ​ **Facebook** *Finally, it has arrived!* Introducing ~~Libra~~ Diem, the ~~centralized~~ Cyrptocurrency your hyped by Facebook ~~(that no one really cares about ). :~~ Think XRP but a whole lot slighly worse ! ^(Terms and conditions apply. Your privacy might not be as important as your think. But no worries after several dataleaks and maybe another congress visit we will definitely add in some privacy features that protect you. But first we need to make some money - maybe buy TokTok since we already own Instagram and Whatsapp.) ​ Disclaimer: This is all fictional and a parody. Don't sue me :P
>I don't think anyone evolved in the original ETH had any idea of what it would become, highlighted by the fact the main three have all gone to build wildly different projects Doesn't this account for all tech innovations since the 80's? I'm sure INTEL had no idea what computers would become, nor could Gates have envisioned Windows in it's current itteration. I'm positive Tim Berners-Lee had no idea what he let out of the bag at the time. Silicon Valley and all it's tech was built on the fact that projects and people branched out into wildly different projects. While you can argue some survived and some didn't, the observation of the occurence now is by no means a worthwhile prediction of the outcome. TL:DR; we all have no clue where this is heading, a wall of text with a TOC doesn't make it's predictions more valueable.
Depends on the exchange, they will tell you in TOC the cut of staking rewards they take
APR is variable based on how much is staked: https://launchpad.ethereum.org/en/ The only variation is what % cut the CEX takes which is hidden in their TOC Devs have speculated that APR may increase after the merge
As TagTeam said, you do not need need to do anything to receive the rewards except meet the minimum balance. Note that the percentages are annual so $1000 at 10% would yield $1000 x 10% / 12). Also worth noting the TOC state that the money on deposit (unless you opt out of crypto earn) is for Voyager to do as they please with, including investments which earn them higher rates then they pay (or they hope to). There is **some level of risk** that if Voyager's investment(s) fall through, they could be unable to pay back their customers, and you would become a creditor to an insolvent company (your money is gone). That said, I believe the risk to be low, especially given their ability to stay afloat in the last few months of selloffs. I have some Crypto and stablecoins on their app for the interest, just don't put your whole life savings out there. **Your deposits are not FDIC insured** as they would be in a (US) bank.
I mean if he isn’t violating any TOC there isn’t much we can do, but one thing we can do for sure is stop fucking trading based on his tweets. Too many noobs legit just buy and sell whenever he tweets. What kind of strategy is that? Not a winning one I can tell u that.
Sure, and from a moral standpoint it would still be wrong. Posing hypothetical questions is all about finding the hidden catches. Theres no way you could hypothetically only scam scammers, since what constitutes a scammer? Is a company that takes your money with one sided TOC that end up fucking you over technically scammers? Maybe. Is a company that honestly does their best but still ends up losing you money while benefitting themselves a scam? Might feel like it. Is one guy who maybe takes advantage of someones naivete to legally profit a scammer?
😆 it's true tho fam! Tart cherry juice makes you sleep better, makes you stronger and smarter, and have less pain, among other health benefits. What's all that worth for trading I wonder 🤔 i recommend cheribundi brand. Here is some light reading on the topic https://www.healthline.com/nutrition/10-tart-cherry-juice-benefits#TOC_TITLE_HDR_6