this post was submitted on 09 Aug 2023
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Read all about it at the above link. There's way too much to process here. This is going to be wild.

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[–] [email protected] 442 points 1 year ago (6 children)

Community Points are the first step towards a better future for online communities. In order to be truly independent from platforms like Reddit, communities need to be owned by their members in ways that platforms cannot take away. With the advent of blockchain technology, we now have a way to establish this freedom in a decentralized and secure way.

The way to be independent of Reddit is by having a token on a blockchain maintained by Reddit?

[–] survive 346 points 1 year ago (3 children)

Also an odd statement from a company that just strong armed a bunch of communities into either conforming or having their leaders replaced.

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[–] [email protected] 179 points 1 year ago (10 children)

Holy shit.

I did not expect the next wave of new users on Lemmy to be happening this soon.

[–] [email protected] 69 points 1 year ago

Poor Lemmy servers.

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[–] [email protected] 132 points 1 year ago (6 children)

Guys, you missed the block chain boat, this isn't going to save your IPO

[–] [email protected] 91 points 1 year ago (6 children)

They'll do something with AI in 3 years or so, if they still exist.

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[–] [email protected] 417 points 1 year ago (1 children)

Today's online communities are not like this. They are trapped inside apps and platforms, where they do not have independence or control anything of value.

That's hilarious, when they literally just trapped users in their app and killed 3rd party apps.

[–] [email protected] 104 points 1 year ago* (last edited 1 year ago) (3 children)

In case anyone's confused about what this is all about:

$5/month per community

It's easy to miss, but they snuck in that Special Memberships (subreddit subscriptions, which unlock badges and emojis and stuff) cost $5 a month per subreddit, outside of Reddit Premium. You can also spend 1000 Community Points, but if you don't have the balance and want the benefits, you'll be giving reddit money.

It feels like reddit has come to understand how much closer redditors feel to their communities than reddit as a whole - reddit is hated, but users still cling to their communities. A sitewide Reddit Premium badge is irrelevant, even repugnant and a badge of shame, but special flairs and features in close knit communities are still desirable.

This is reddit exploiting their users' relationships with their communities with a stackable 5 buck alternative to Reddit Premium.

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[–] [email protected] 363 points 1 year ago (10 children)

In order to be truly independent from platforms like Reddit, communities need to be owned by their members in ways that platforms cannot take away.

Is this a fucking joke

[–] [email protected] 227 points 1 year ago (5 children)

Reading this: are they implementing ActivityPub?

Blockchain

Oh sweet lord, no. No, they are not.

[–] [email protected] 103 points 1 year ago

Someone at Reddit had Blockchain missing in their buzzword bingo for 2023, I swear.

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[–] [email protected] 224 points 1 year ago* (last edited 1 year ago) (9 children)

Glanced over it. Complete word salad. Corporate nonsense: baffle them with bullshit.

You get points from communities. These points are stored on the block chain, because why not? The points themselves come from reddit, but the communities distribute them. Since they're on the block chain, reddit can't take back your magic bean points or whatever once you get them. Nevermind that they're worthless and that reddit controls the only platform that they're even remotely useful on.

For now, Reddit will cover gas costs for distributing Points to users and allowing them to spend Points on features such as Special Memberships.

Emphasis mine. Someone has to pay for it, because that's how the block chain works. For now it's Reddit. In the future? Who knows!

How does this benefit the consumer? It doesn't, really. Potentially it gives posters more control over a subreddit, but looks like mods will still hold essentially all the power when it comes to a subreddit, which is how it works now.

How does this benefit reddit as a business? It doesn't, really. They're handing out magic beans with the selling point being that they can't take them away from you once you get them. It costs them money to do this, because it's on the block chain as opposed to some in-house database. This replaced coins, right? They killed an income stream and replaced it with an expense.

They get to tell investors that they're into the block chain when they launch their IPO, I guess. All I can say is buyer beware. Chances are high the powers that be unload their stock options in the IPO hype and then get the hell out of dodge. They might have waited too long, though. The tech bubble deflated, and I don't know if the books are impressive enough to draw in the big bucks from investors.

If you want genuine control over your community, start one on the Fediverse and self-host an instance. No admins will kick you off since you're your own admin and head mod rolled into one.

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[–] [email protected] 207 points 1 year ago (5 children)

As blockchain tokens

Thanks I read enough.

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[–] [email protected] 192 points 1 year ago (9 children)

" In order to be truly independent from platforms like Reddit, communities need to be owned by their members in ways that platforms cannot take away"

WTF???!?! They literally just took communities away from the members because they were protesting Reddit intentionally degrading their site....

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[–] [email protected] 189 points 1 year ago* (last edited 1 year ago) (12 children)

Nice to see that reddit started to advertise for lemmy / kbin. 🤣

[–] [email protected] 63 points 1 year ago (2 children)

I read that and thought "This can't be real. This is too on the nose." then I read the rest and had to check the URL to make sure it's not a joke, because it reads like one big joke.

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[–] [email protected] 159 points 1 year ago (3 children)

Guaranteed that people smarter than the reddit staff will exploit their processes or code to cause mayhem and chaos.

100% guaranteed.

[–] [email protected] 61 points 1 year ago

I hope so. It'll be fun to watch.

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[–] [email protected] 149 points 1 year ago (6 children)

Is this old, or just something that has been in the works for a long time? No one is talking about it on Reddit, so I'm pretty sure that it is old information. This is a post about it from three years ago:

https://www.reddit.com/r/CommunityPointsHelp/comments/gj779g/reddit_community_points_faq_guides_multiple/

[–] Benj1B 77 points 1 year ago

Good catch, I think we've been bamboozled ladies and gentlemen. Well played OP

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[–] [email protected] 124 points 1 year ago (2 children)

So you get points for posting and for moderating. It's this literally being "paid in exposure"? Don't we joke about this all the time how worthless it is?

[–] [email protected] 83 points 1 year ago (2 children)

Oh God, now they've actually monetized all the repost bots. It's like they WANT their site to turn into a bot hellhole.

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[–] falkerie71 122 points 1 year ago (14 children)

So it's basically Reddit NFTs. Let's just call it as it is.

It is time for them to take back ownership and control. It is time for a change.

Lol. You're still on Reddit. You're not controlling shit.

As blockchain tokens that are owned and controlled by communities themselves — not by any app or platform — Community Points represent a way for Redditors to own a piece of their favorite communities.

You don't own it, it's made by Reddit, distributed by Reddit, and only useful on Reddit and not anywhere else. What's the meaning of decentralization and ownership if it's only useful in one place?

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[–] [email protected] 113 points 1 year ago (7 children)

It is time for communities to break free of walled gardens

Lmao how can they say that with a straight face

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[–] N0body 104 points 1 year ago (6 children)

A crypto scam? All this was building to a crypto scam? They burned Reddit to the ground to pump some shitty Redditcoin going into the IPO?

I expect nothing and I'm still let down.

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[–] [email protected] 100 points 1 year ago (2 children)

Lmao

Today's online communities are not like this. They are trapped inside apps and platforms, where they do not have independence

Trapped in apps like the official Reddit app? Because they ruined 3rd party apps? What are they sniffing over there, the trapping of communities is their own doing.

I'm done with reddit, so either way I don't really care. Tbh I don't think this will necessarily be a dumpster fire. It might even be interesting, depending on the specifics of this implementation. It's probably fueled by higher ups hearing hype words like blockchain. My expectation is that things will mostly just continue as normal, but now the management and CEO's etc can masturbate to the idea of having a blockchain application.

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[–] [email protected] 94 points 1 year ago

Today's online communities are not like this. They are trapped inside apps and platforms,

How ironic... Reddit trying to lock me in was the exact reason why I stopped being active there....

[–] [email protected] 92 points 1 year ago

My god, that copy makes me want to vomit. It reads like it was written by an executive in a coke bender.

Community Points are the first step towards a better future for online communities. In order to be truly independent from platforms like Reddit, communities need to be owned by their members in ways that platforms cannot take away. With the advent of blockchain technology, we now have a way to establish this freedom in a decentralized and secure way.

I can almost hear the zoom call they brainstormed this shit in. This is some PragerU level slime. “Crypto Currency will grant users autonomy that they would otherwise never possess!” Right, anything that can’t be bought has no value. Oh THANK YOU for creating this system where everything is tied to crypto, so we can experience real community again! Finally my voice can be heard. Not like that horrible, communistic, voting system that counts every user equally.

[–] [email protected] 88 points 1 year ago (3 children)

It's time for communities to take back ownership and control says company that just took away ownership and control from communities.

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[–] [email protected] 81 points 1 year ago (2 children)

blockchain social credit scores 😭😭😭

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[–] [email protected] 79 points 1 year ago (6 children)

In order to be truly independent from platforms like Reddit, communities need to be owned by their members in ways that platforms cannot take away.

Oh, fuck off.

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[–] [email protected] 77 points 1 year ago* (last edited 1 year ago) (11 children)

Community Points represent a way for Redditors to own a piece of their favorite communities. [...] They can even be used in custom tools outside of Reddit and on other platforms.

How the fuck would this work, I wonder? I tried to read through some but it makes little sense to me. It sounds like putting karma on blockchain and making it into a currency acting as reddit gold.

Rest is just regular cryptobro talk formulated so that Reddit looks like it cares about communities - or am I missing something?

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[–] [email protected] 73 points 1 year ago (18 children)

Can crypto fucking die already?

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[–] [email protected] 72 points 1 year ago (2 children)

I like how they stripped communities from their members during the protest but now they are all like "Oh yea... members should own their communities!"

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[–] [email protected] 70 points 1 year ago* (last edited 1 year ago) (2 children)

It is time for communities to break free of walled gardens

That's what I did when I came to Lemmy after you killed 3rd party apps you troglodytes. Do you fucktards not even know what a walled garden is?

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[–] [email protected] 67 points 1 year ago (4 children)

"It is time for communities to break free of walled gardens and take ownership of their existence online."

So, literally the fediverse ?

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[–] [email protected] 65 points 1 year ago (13 children)

Earn points through generating content and moderation? Okay, sure, why not?

Use those points to weigh votes in community governance? Suuuure, okay I can see how that could be cool.

The points are on the blockchain? Uh… so what’s stopping rich assholes from buying up points and using their capital to take over communities?

If the points are non-transferable then I can see the merit of a points system… but then why would you need a blockchain at all? It’s all still a closed off walled garden despite what they are pitching.

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[–] [email protected] 65 points 1 year ago (2 children)

Reddit is talking about decentralization and stuff like that like they aren't a centralized platform themselves. Giving control to the community, but remember if we don't like what you're doing with your communities we'll threaten your moderation team!!!

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[–] [email protected] 64 points 1 year ago* (last edited 1 year ago) (3 children)

LMAO ITS BLOCKCHAIN

we called it, reddit goes fucking crypto bro

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[–] [email protected] 64 points 1 year ago* (last edited 1 year ago) (3 children)

Yeah... It's about "freeing yourself from Reddit's control"

Image

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[–] [email protected] 63 points 1 year ago (2 children)

Too much text to just say that they are doing their own NFTs

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[–] [email protected] 62 points 1 year ago (5 children)

Okay but "In order for contributors to claim the Points they have earned, they need to create a Vault within the Reddit mobile app. When a user creates their Vault, they will receive the Points that they have earned up to 24 weeks (~6 months) before. Points earned but not claimed within 24 weeks will expire." So... Yes, it definitely was about getting everyone to use the shitty app. This is their second wave of that. And also "Moderators receive their Community Points at the beginning of the following distribution cycle. The actual amount of Points they receive depends on how many Points were distributed to users' Vaults in the previous cycle." They are trying to rope in the mods to convince people to join the app.

Wonder what kind of wild exploitation someone is going to come up with, because rest assured this is going to happen.

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[–] [email protected] 62 points 1 year ago* (last edited 1 year ago) (4 children)

communities need to be owned by their members in ways that platforms cannot take away.

uuuuh

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[–] [email protected] 59 points 1 year ago

I'm not clicking that shady link.

[–] [email protected] 59 points 1 year ago (1 children)

This reads like the propaganda of a MLM church.

Yes, get the internet back to the people, with money, but we don't call it money. Also you were free to go and do what you want but we took this away, see you're restricted, but now we give this option back, well ...only partly because now it's soaked with ~~money~~, we mean community NFTs. Isn't this fucking exciting!!!!?? We make a shit ton of money, I mean... You will make money! Yeah! Get into the group!

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