Reddit Kills Awards and Coins

https://old.reddit.com/r/reddit/comments/14ytp7s/reworking_awarding_changes_to_awards_coins_and/

by MarcellusDrum • 3 years ago

58 17 3 years ago

old.reddit.com

damnesian• 3 years ago

First, many don’t appreciate the clutter from awards (50+ awards right now, but who’s counting?) and all the steps that go into actually awarding content. Second, redditors want awarded content to be more valuable to the recipient.

So, nuclear option, of course.

The "clutter" of rewards is something recipients take great pride in. I have never, ever, been privy to a convo where a user griped about there not being enough payoff for an award that was GIFTED.

The "steps" involved hitting the "award gold" button, and being taken to a very standard e-commerce checkout process. What "steps" are there to complain about?

my 12 plus years on Reddit says this is fishy. Awards slow the doomscroll down, is what I suspect the problem is.

astronads• 3 years ago

Apparently from inspecting the Reddit app APK, they are planning to allow rewarding contributors monetarily (probably with crypto)

https://www.androidauthority.com/reddit-contributor-program-...

This will likely turn Reddit into a (even bigger) cesspool of karma farming spam/bots and bullshit AI posts now that they can make a quick buck off it.

DistractionRect• 3 years ago

My reddit use and dropped dramatically with the death of third party clients, but this I think will push me off entirely. That just actively encourages reposting old threads and their comments wholesale.

mighmi• 3 years ago

People used to award others Dodgecoin and a few others for a while. At some point it even became worth a bit, before losing value again.

throwawaysleep• 3 years ago

Reddit complains about not being profitable and then shuts down people paying to literally put a digital sticker on something? An incredibly popular feature?

abracadaniel• 3 years ago

It wasn't that long ago that they were consistently bringing in enough to pay the bills from these coins alone. ex: https://imgur.com/VCjfaYO It looks like they stopped showing the daily goal amount about 5 years ago, so what happened between then and now that made them decide to abandon a revenue stream that paid their entire costs on its own?

philipkglass• 3 years ago

That screen shot says "A month of gold pays for 231.26 minutes of reddit server time." Was gold bringing in just just enough to pay server costs or did it manage to cover payroll costs too?

(Not that it makes sense either way to eliminate a revenue stream for something as subjective as "decluttering" the experience.)

thebears5454• 3 years ago

This is the stuff they're working on, instead of making the apps better >< What a disastrous time as CEO spez has had.

givemeethekeys• 3 years ago

It's telling that Old Reddit is still preferred over the "new" interface.

Manuel_D• 3 years ago

I wonder if it's just a matter of time until they make the redesign mandatory. Hopefully NewPipe for Reddit is built by then.

aaomidi• 3 years ago

Or that we’ve stopped relying on Reddit and moved to Lemmy etc.

Havoc• 3 years ago

The only way they’re taking that away if it is being replaced with something even more micro transaction-y

Watch. It’ll be something that actively & artificially restricts users that aren’t paying in some way.

trompetenaccoun• 3 years ago

Yes and no. I agree with you there's no way they'll refuse to take millions of dollars users basically just hand to them for nothing in return. More likely though they will do what they've announced in the past and have been planning for ages. The "gold" will become onchain tokens which users can trade and sell. So the rewards would have actual monetary value. Basically it introduces a financial incentive to be online, for even more addiction potential.

This would be my guess because that's what they said they would do in the past and they've already run trial versions in selected subreddits for a long time.

appleflaxen• 3 years ago

Consider r/redditseppuku

bshacklett• 3 years ago

Wow…. They only let you view that subreddit via the app.

https://postimg.cc/8fPL4WzL

Is this new or am I out of date?

frollo• 3 years ago

They've been doing it randomly for a while.

Reddit Kills Awards and Coins

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