According to OP’s previous comments the dev of this has spent 600k of their own money on this. If that claim is legitimate then feel free to draw your own conclusions about why someone with 600k to burn would spend it on an NFT crypto reddit, but without images.
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They're probably calculation their own labor, which they mark as a negative.
This fixes the issue of hosting any nefarious content.
How does removing images change anything? Any file can be transmitted by text, as we used to do with e-mail, and you don't need to use images to make illegal or just intentionally offensive content.