We raised some funding in September, and we promised to reserve a portion to give back to the community. If you're hearing about this for the first time, check out the official blog post here.
A few weeks ago, we asked you what you thought would be the best ways for us to follow through on the promise. Thank you to the thousands of you who participated. You shared with us a variety of creative ideas - from donating to charities, to crowdfunding community-sourced projects, to customized "thank yous" for individual contributions to reddit.
Well, we took these ideas and we'll be making them a reality in the form of something we're calling reddit notes. We've made progress on the specifics, and we're finally able to share with you more of how reddit notes will roll out!
To celebrate all of you and your contributions, we plan to give away reddit notes in a random lottery. As of this point, it looks like we're going to have approximately 950,000 reddit notes to divide among active user accounts. There aren't as many reddit notes as there are accounts, so if you get one, lucky you! Eligible recipients of reddit notes will be determined based on activities before 9/30/14 (when we first announced this project), and we plan to give them away in the fall of 2015.
We're still working out details on both the technological and legal aspects of the project, especially regarding how reddit notes will work within existing government regulations. We look forward to sharing that information with you early next year. If you have feedback or ideas for us, feel free to visit /r/redditnotes - and keep being awesome!
