Open link in next tab
Reddit is going to let you turn gold into money
https://www.theverge.com/2023/9/25/23887226/reddit-gold-system-contributor-program
It’s all part of a new “Contributor Program.”
https://www.theverge.com/2023/9/25/23887226/reddit-gold-system-contributor-program
It’s all part of a new “Contributor Program.”
Sounds like a great way to fill your site with lots of crap content as people jam in any old junk in the hopes of getting a payout….
It's worse - if you're astroturfing, this is basically a rewards program, where you get half of the money that you've spent in advertisement/spam/marketing back.
Between this and tokenizing karma, it sounds like Reddit's owners are trying to cash out what little value they have.
This is the best summary I could come up with:
“In the past, there were both paid and free coins that had been distributed, making it incredibly challenging,” spokesperson Tim Rathschmidt said.
With the introduction of the Contributor Program, thanking a kind stranger for giving you gold takes on a new meaning.
Part of what makes Reddit so useful is that most great posts aren’t made with an expectation of payment, meaning that people share their expertise, a handy tip, or a funny joke just because they want to.
I’m also worried that bad actors might find ways to abuse the Contributor Program to earn a quick buck without actually making meaningful contributions.
The Contributor Program is also rolling out starting Monday, and it will be available on the web and Reddit’s mobile apps.
While the protests across the site over the API pricing have largely died down, some users expressed their unhappiness toward CEO Steve Huffman during the recent run of the r/Place interactive canvas.
The original article contains 778 words, the summary contains 156 words. Saved 80%. I'm a bot and I'm open source!
We just want you to know that you are better than any moderator/admin/developer. We want to give you some money, in the hope we get more money from Gold and your info.