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Reddit's Contributor Program could earn you real money for your Reddit karma
(www.androidauthority.com)
this post was submitted on 12 Jul 2023
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Technology
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This is hilarious haha. Create a whole new FOMO for people to post whatever they think will make money, not what they necessarily want to post.
Yes, this.
It'll be just like YouTube, where people are huddled on the floor praying to "the algorithm" with each bit of "content" they post, hoping to make it big as a "professional Redditor".
I can't wait to see the per-user algorithmic feeds. One post from r/conspiracy or r/conservative scrolls past your screen, and suddenly it's all you see.
I see senior management written all over you! I promise ya - keep working hard n showing up early and that’s you in the corner office in 5 years. Ya just gotta stick around.
Just gonna hijack your comment for visibility. 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.
I wonder if that was born of the Dogecoin tipping system that was around for a while in... 2017/2018? I forget.
I'm pretty sure they thought the awards/gilding was going to be their best bet to Moneyville after Premium flopped. It's basically just a rebranding with the ability to gift it.