Moons update: Reddit has officially renounced the Moons contract

See here for our previous update.

The admins have officially renounced the Moons contract and they also burned their remaining 98,000 Moons.

This is a significant milestone as the community now has assurance that there will be no further changes to Moons’ contract in the future. This was the preferred option as it allows for Moons to easily retain existing exchange listings, there’s no need for a new token to be deployed, and the supply is now capped at ~83,000,000 Moons.

The mod team will continue to work on bringing back and improving features such as memberships, governance and tipping. We are also exploring restarting distribution, though exactly how that will work remains to be seen.

We will share all major updates here, but if you’re interested in joining the discussion on the future of Moons then head on over to r/CryptoCurrencyMeta!