Community Points allow members of Reddit communities to own a piece of their community, earn rewards for quality contributions, and unlock special features.
Read all about it at the above link. There’s way too much to process here. This is going to be wild.
Is there even anything new here? Everything mentioned in the OP link has been a thing on Reddit in a few communities for a couple of years now.
Edit: I just checked Wayback Machine, this page hasn’t changed since it was first published in 2021.