Reddit could be working on a Contributor program, letting top contributors earn real-world money from the gold and karma they receive.
You must log in or register to comment.
“Site I only still care about to laugh at thinks I am going to give it my tax information.” I’ll have to think real hard about that one.
Investors should themselves have a good think about how the CEO that self-reported making zero profit in over a decade as one of the most popular social media sites can afford to be handing out money now.
I don’t know, while I won’t be going back there, I can see it help make reddit more mainstream, by attracting influencers. Imagine IG Influencers or Youtubers encouraging people to engage with them personally on reddit. I can see it actually working out alright for Reddit and possibly a small number of already successful influencers and celebrities. I don’t see it making the experience any better for the average redditor, though
I can see it help make reddit more mainstream, by attracting influencers. Imagine IG Influencers or Youtubers encouraging people to engage with them personally on reddit.
…please like this post and friend me, and ring that bell. Oh man, you’re right, they’re going to go the tickytocky YouTube route.
Copying my comment from the other threads:
reddit started trialing a “Community Points” program in 2019 in /r/ethtrader, /r/cryptocurrency and /r/fortnite , where posters and commenters could earn “Community Points” that were supposedly backed up with crypto that you could eventually cash out. They announced an expansion of the program in December 2021 but, afaik, they never actually did so. Which might have something to do with the fact that one of the /r/cryptocurrency mods made $10,000 by selling community points. I don’t know if the program has actively continued since then; maybe someone who was in the three trial communities can say.
My point is that reddit has been working on something similar to this program for at least five years now. And this article isn’t based on any announcement by reddit, but by someone examining their source code. It’s possible that this code has been present for a while and reddit has leaked it’s existence to try to attract back some of their lost contributors. Or even that it hasn’t been present but they included the old code in the newest app release and then pointed it out for the same reason.
In any case, this article isn’t based on any official announcement, and reddit has been “trialing” a similar program for over four years. I wouldn’t hold out any hope that this actually sees daylight anytime soon, or that it’ll work well if it’s actually released.
Twitter literally just started paying people who tweet, so spez really is just copying Elon.
I just saw someone mentioning that on mastodon maybe ten minutes ago, and then it instantly made sense. How innovative he is. Even when he can see the fallout before engaging in it
Why do I suspect that, even if one were to spend 8 hours a day on Reddit, making comments that all were gilded, you’d still earn less than minimum wage?
Zero chance this would pay better than even something like Mturk.
And yet, content quality on Reddit will tank even further because people will shitpost for pennies.
because ~~people~~ bots will shitpost for pennies
The site will literally be run over with chatgpt bots farming for pennies overnight.
I’d be surprised if it was any better than that.
it could be worth it for people in poorer countries
It is reserved to people living in the USA.
They’ll make everyone work like slaves and when payment time comes, they could easily change the rules to avoid paying out too much. They’ll change rules and blame the content creators for it.
Literally couldn’t pay me to go back
They are getting desperate after the many bad decisions that Spez made.
Shows how desperate they’ve become for content creators after the fiasco that was the third party app protest. Like, they’re not profitable yet, and they want to give money away? C’mon already.
The real story is they’re getting rid of coins and awards. It’s confirmed by a reddit admin, whereas the cash for karma thing is speculation.
https://www.theverge.com/2023/7/13/23794403/reddit-gold-awards-coins-sunset
So killing a feature before any replacement is ready; cool. I’m sure those who pay for premium and will stop receiving a stock of coins will see a commensurate price reduction. Right?
So reddit will pay memelords but not mods?
And the fact that they still can’t see the value of good moderation after all the protests is just beyond moronic.
It’s a war for content. If you have ever written a comment of more than five coherent lines then you have been working for free all this time.
We are the value, we fill the websites, we create the distraction between two ads and we teach the AI.
The irony is that the comments that got me the most karma weren’t the ones I considered of highest value. A detailed, genuinely helpful response in a small subreddit might only garner a half-dozen upvotes while a snarky one-liner in a big sub can boost karma by thousands.
We are the value, we fill the websites, we create the distraction between two ads and we teach the AI. <
and we are the musicmakers and we are the dreamers of dreams.
And We Are the World, and We Are the Champions.
Also, We Are Groot.