Gold originally was fine imo. Then it got out of control with so many different medals, some free, some cheap, etc. They made it so confusing and basically every post on the front page had some sort of award. They made it confusing and cluttered... At least they realized it was dumb.
this post was submitted on 13 Jul 2023
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Reddit Migration
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I used RIF for 11 years. First I'm hearing about awards. Only ever knew about gold.. thought Reddit silver was a cutesy little joke for redditors.
Reddit silver started as a joke but was added as a free award once they expanded the system.
I remember at one point, Talklittle mentioned the addition of rewards, and how he was against them, which was convenient since Reddit didn't give third party apps access to them in the first place. I know at one point I was able to buy gold in RiF, but that was gone the moment that Reddit introduced all the other bullshit rewards.
I mean I did too but I saw actual Reddit other place a few times lol
So they’re getting rid of coins and awards, but don’t have any kind of replacement actually planned yet?
They should have held off until they knew what the replacement would be. As it is, they’re yanking something that made Reddit unique for…what, exactly?
The replacement is to pay people with actual money per upvotes awards etc according to some code that was spotted recently
Great huh? That's really going to improve the quality of their content and their profitability... 🙄
EDIT https://www.androidauthority.com/reddit-contributor-program-3343397/
Because paying people to post worked so well for Quora…
Quora is an impeccable font of online knowledge and we should be grateful for bwahaha no I can't even...
Basically the amount of karma farming that already happens on Reddit is going to quadruple. And yeah it's going to be a) on the more 'serious' questions like Quora and b) on the more AITA or Confessions posts 'oh you guys have helped me so much, of you can upvote me and give me some awards it'll really help get my life on track'
Part of me couldn't believe they'd actually introduce this but in light of everything this year, whatever. Because what else could benefit Reddit ....oh yeah - grifters!
If they want to add fuel to the fire that's burning down the house fine. I'm over at Kbin. I'm staying.
My only regret is there's some really great health support communities there and I hope they can be allowed to live in peace because I don't think they'll feasibly migrate.
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And oh look, it’s only available for people in the US! Because only Americans know things, amirite? 🙄
All they had to do was do nothing.
It's certainly worth paying to hear American views over the rest of the worlds I would say. Reddit is on to a winner with that one for sure. American Reddit users like u/spez are so wise while we are so stupid.
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Last I checked, there were at least 3 subreddits where cryptocurrency is being handed out regularly to active participants.
They're called "Community Points", and get a custom name for each sub ("moons" in /r/cryptocurrency, "donuts" in /r/ethtrader, and "bricks" in /r/fortniteBR.)
I don't know how the other subs fared, but /r/cryptocurrency became noticeably gamed by actors attempting to maximize their financial gains.
So.. I guess it's gonna be awesome.
/r/cryptocurrency became noticeably gamed by actors attempting to maximize their financial gains.
I can't tell if that's life imitating art or vice versa but it made me giggle!
Reddit really is done. This will drive spam and discourage people posting original content as they will see it stolen and reposted by the karma farming parts of reddit. They already flood communities with crap; reddit seems to just be taking another giant crap on the moderators who will have to deal with the tide of people trying to manipulate the new system for financial gain.
The best content on Reddit is not by "top contributors" whoever they may be. It's the random helpful posts that you stumble across or find on Internet seaches, or the thought provoking posts and comments that push back against the hive mind. Generally I find most (not all but most) of the up voted and awarded content to be trash or low value. Moving to financially incentivise that show Reddit really don't understand their own site.
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Applying gold and awards will hold posts on the frontpage even if they're downvoted to oblivion. They're likely getting rid of them as a way of manipulating the narrative.
Not sure why this is a top priority right now, but I look forward to hearing about whatever horrible idea they implement to replace awards and coins.
One thing I’ve seen a lot of is comments wishing that Lemmy/Kbin had support for some sort of gilding. So it’s obviously a feature that people enjoyed using which means Reddit just has to enshittify it. This is the way.
Yeah, just got an email from them stating that (I still have premium from being guilded). Great company management as always.
“Users are leaving? I have an idea! Let’s nuke their coins, that’ll bring them back!”
The beatings will continue until morale improves.
Whelp, I never used those things anyway.
This seems like the dumbest decision imaginable. Users are flocking to alternatives, many of those who haven't don't trust you, and you're trying to become profitable … so you delete the stuff people paid for without any sort of replacement. What a genius ideaǃ Making the platform less unique and giving the middle finger to the people who give you money in one go!
There's no way a human adult is running this company. It has to be a council of toddlers run by a keyboard-smashing orangutan. At this point, they might as well start encouraging bots and karma farming. Maybe even pay people to do it!
Wait, what did you just say? They might actually do that?
The circus never ends.
Was there any indication something like this was coming?
Also, I only learned last 1-2 months during the API fiasco that Reddit had some weird NFT thing going on.. Are they just trying to find anything that will stick?
It's rumored that Reddit is about to launch a new "creator program" that will pay Redditors for high-karma activity on the site. This change is probably meant to accommodate this new feature.
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To what end, I wonder?
I feel like it has to be financially motivated and the only thing I can think of is they want users paying for premium directly rather than having it gifted from a different accounting bucket. But that doesn't seem like strong enough motivation on the surface.
I have a feeling it’s definitely a blue checkmark in the making moment
Was anyone actually spending money on that crap?
Reddit used to fund all their servers with it and had a gold goal.
Yes haha. Constantly. I wouldn't be surprised if they're happy to be rid of the type of user who would move to the fediverse anyway. Maybe that was their plan all along.
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It hurt itself in its confusion
I never bought coins or whatever, but I had inherited a bunch somehow. I jumped on reddit just now to find an old thread I'd saved and found this in my inbox:
Hello from Reddit,
We’re reaching out because you have Reddit Premium and/or Reddit Coins on your account.
TL;DR: We're making updates to awards and coins on Reddit that we'll complete by September 12, 2023. As part of this, we made a decision to move away from Reddit coins and awards. This includes the 700 monthly coins* and Premium Awards, which are currently part of the Reddit Premium experience.
You'll still be able to use your Reddit Coins until September 12, after which they'll be removed from your account.
Note: all other current Premium perks will still continue to exist, including the ad-free experience.
As we looked at our current awarding system, there was consistent feedback from redditors that stood out – particularly around the clutter from awards and all the steps involved with awarding content. We also learned that redditors want awarded content to be more valuable. With that, we are reworking how great content and contributions are rewarded on Reddit. We will have more updates to share soon.
If you have further questions please check out our announcement post to read more about the update.
- This perk is part of the paid Reddit Premium experience.
Thought it was kind of funny considering I never once cared about coins in the first place. Just checked and apparently I have "13325 coins to spend." I'm just going to let them go unless someone has a more maliciously compliant suggestion.
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(50+ awards right now, but who’s counting?)
Apparently you are, Reddit.
Reddit's self-destruction is quite impressive, I'm not going to lie
I wonder if this isn't a rev recognition play. If their accounting rules say they can't take the revenue until the award is issued....I bet there's a lot of money sitting on the table they can apply to their books with this play. It's basically the same play as expiring unused gift cards....
Hmmm. Conspiracy theory intensifies...
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So first they alienate the people who are working for them for free and then they go ahead and alienate the people who are giving them money for free.
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