L4sBotReddit is getting rid of its Gold awards system
NOT_RICKCan’t wait for more NFT shit to replace it, mark my words
MartineskiMust be something about this paying program where they pay people for getting karma and awards.
driving_croonerGet pay with NFT that could be ‘sold’
LazaroFilmThis comme et deserves some Lemmy Gold 🏆
UniquitousFFS, NFT’s aren’t dead yet?
Nobody here cares! It’s the best!
violetraven
sanbeijiWhatever this system is, it will reek of desperate monetizing.
A lot of people are saying this is another reaction from /u/Spez, he doesn’t like that “fuck /u/Spez” posts keep getting all the rewards.
TheGoldenGodI was getting awards for this lol:
Oooh mommy
smittyI just went and gilded a bunch of fuck u/spez posts with gold I apparently had but never bought
People could reward gold, or was it that you got gold for receiving rewards, one of the two, maybe both.
idk how else to express my appreciation for this except to tell you that I gazed upon it with love and admiration for a good minute, long enough that I made my own self uncomfortable with how happy this goofy picture made me. It feels like a true representation of the casual, homemade, “let’s just try it!” vibe of lemmy. This is beautiful, thank you.
radixWell said.
Not to take away from this beautiful piece of art, but it’s a take on “reddit silver”, an equally silly pic of a MSPaint coin that’s used on reddit as a tongue-in-cheek (and free) alternative for reddit gold awards.
Beyond the simple reason “don’t have money for that right now”, it became especially popular since lots of people wanted to show appreciation for posts without supporting reddit’s model.
Dayumn gotta get me some Lemmy plat to be a big baller.
I’m okay with Alemmynum, I’m pretty low cost.
LvxferreThis is specially funny given that aluminium used to be damn expensive in the 19th century. It was mostly obtained by reacting aluminium chloride with alkaline metals back then.
In other words: we’re back to the roots! Who cares if gold this, gold that, alemmynium is more precious and useful!
That would be Alemmynium in British English
“Thank you kind stranger!”
/s
Based on code in the Reddit’s Android app, Reddit appears to be working on a “contributor program” that would let users cash out gold or karma (basically, points you get for posts, comments, or giving awards) they receive into real money.
Gross!
maegul (he/they)Yea … all around, it’s looking more and more likely that big social may become something rather embarrassing and dystopian.
The best reason I can think of for why big social is going to die is that it was born out of a particular economic environment that either inaccurately assessed the technological-financial situation or just doesn’t exist anymore. Namely, that having a bunch of users on your platform and the data that follows will always magically just produce a profitable business model such that blindly investing in such a business is an obvious move.
I’m guessing that big social just isn’t that profitable, or is only profitable at the sort of mega monopoly level that facebook and google operate at, but even then risks fading over time due to how social spaces are generational. And that the belief that big social was super profitable was born out of a vague big data web2.0, that convinced itself it had found the new oil.
Beyond that, throwing VC cash at big-data businesses may just not be something anyone believes in any more, partly because of the above, and partly, I’m wondering, because the power of actually creating new technology and new types of platforms has always been a bigger business prospect and AI and chatGPT has basically forced the tech world to remember that.
If I’m on to something, the awkward thing for Twitter and Reddit is that their finances and corporate structures are probably bound up in the older presumptions and have no choice but to do their best to return on the promised profits, however dumb they look, while the rest of us can easily and happily move on, because that’s what the internet is fundamentally about.
zeppoFacebook/IG have certainly made a ton of money. Twitter and reddit haven’t I believe because they’ve been less aggressive about monetizing their data, and having a site with content attractive to advertisers. This also attracted users who were on Twitter or reddit because they weren’t doing what FB does, which I guess makes it difficult to increase monetization.
And all that after killing any automated moderation that utilized public API
The amout of shooting themselves in the leg is through the roof
Spez is following twitter’s playbook down to the letter. Aren’t twitter just starting to enable revenue sharing program with their most popular users?
Nooooooo, my 800 coins!
“While we saw many of the awards used as a fun way to recognize contributions from your fellow redditors, looking back at those eons, we also saw consistent feedback on awards as a whole,” venkman01 said. “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… the way it was when there was just a single Gold award to choose from?
Reddit has also started to rate limit websites like teddit.net , libreddit* thus rendering then useless
BlazeThey still work for me, am I an exception?
Oh that’s why I keep getting “Too many requests error”
Yeah I’m in the same bucket. Once libreddit dies, I’m off Reddit for good. I still like to browse some of the communities that aren’t fully established on Lemmy yet there and libreddit is he only thing that makes it palatable. I can’t stand reddit deciding to only show you the first comment in a chain of 30 and asking you to log in to see the rest.
To be fair they’re attempting to rehost reddit.net’s content, right?
Yeah, I’d limit them too.
Not saying everything reddit is doing is great, but at least that one makes sense.
If you disagree with reddit, the best thing to do is cut the cord, not to continue using them in other formats. The only reason to use reddit is to tell people about alternatives.
After they introduced several other awards except gold, the awards completely lost its meaning (and value) in my eyes. I still remember the bliss I felt the day I discovered Apollos “hide awards”-setting.
It wasn’t that bad, gold just signals that the comment is good (intensity), but some of the other awards made explicit the way in which it is good (hue/flavour) like funny, informative, creative…I actually liked the award system (even if I always was a bit suspicious of who was giving them and what their intentions were)
A few years ago, when the only award available was gold, I used to occasionally buy gold to award comments I really like. Back then buying gold was the only monetization in reddit so it was pretty well received. I stopped doing that around the time they implemented coins and ads.
I remember when people on Reddit would downvote immediately if someone used an emoji in the comments and then proceeded to pay for awards that are pretty much just emojis.
What’s Reddit?
Ssshhh we don’t talk about that here
But it’s in the title!
What is Reddit…
… Baby, don’t hurt me! Don’t hurt me! No more!
Tyler_ZoroI finally figured out what’s going on. Someone at reddit asked, “ChatGPT, what are the 10 most damaging things reddit could do to alienate users and decrease its value?” They then began working on the checklist… they’re up to, what, 5?
For interest’s sake I asked ChatGPT…
- Implementing heavy-handed censorship: If Reddit were to significantly increase censorship and suppress user-generated content without clear guidelines, it could lead to frustration and a loss of trust among users.
- Allowing unchecked harassment and hate speech: If Reddit fails to address or take action against harassment, bullying, or hate speech, it could create a toxic environment that drives away users who seek a more inclusive and respectful platform.
- Manipulating voting and rankings: If Reddit were to manipulate voting algorithms or rankings to favor certain posts or opinions, it would undermine the platform’s integrity and erode user trust in the democratic nature of content discovery.
- Selling user data without consent: If Reddit were to compromise user privacy by selling personal data to third parties without explicit user consent, it would breach trust and potentially result in a mass exodus of users concerned about their privacy.
- Implementing excessive and intrusive ads: If Reddit were to inundate the platform with excessive and intrusive advertisements that disrupt the user experience, it could lead to frustration and cause users to seek alternative platforms.
- Neglecting community feedback and suggestions: If Reddit fails to listen to user feedback and suggestions, and ignores the needs and desires of its community, it could lead to a sense of disconnect and disengagement among users.
- Engaging in biased or politically motivated moderation: If Reddit’s moderation practices become heavily biased or politically motivated, favoring certain ideologies while suppressing others, it could alienate users who value a fair and impartial platform.
- Ignoring widespread harassment campaigns: If Reddit were to turn a blind eye to coordinated harassment campaigns or fail to take swift action against them, it would harm the safety and well-being of users, prompting them to seek alternatives.
- Neglecting transparency in content moderation: If Reddit were to lack transparency in its content moderation practices, such as unclear guidelines or inconsistent enforcement, it would lead to confusion and frustration among users.
- Disregarding the needs of niche communities: If Reddit were to neglect the needs of smaller, niche communities that rely on the platform for specific interests, it could result in a loss of engagement and diminish the diverse range of discussions.
Wow, this is actually incredibly interesting if this is what ChatGPT spat out. Every corporation now thinks “AI is the future” and what you posted is essentially what Reddit has done the last few years. But I doubt they asked for 10 most damaging things. I’m curious what other prompts would put out similar bullet points, say, “what 10 things should I do with my social media company to ensure a successful IPO”
Yeah, this is the actual output. I was active on Reddit for a long, long time, I wish there was a way to bring across all my content, but even if not, I’m still happy to restart on Lemmy.
nLuLukna How to get a successful IPO
Pandantic🏆 for an old meme comment.
I count 6/10.
Killing off the free api made some sense. Killing off perks for the resisters who actually pay them money is just the dumbest thing possible.
I don’t think many objected to monetizing the API.
The issue is cost, and the lack of time for transition.
The Apollo developer said it clearly: How the hell do you put millions of dollars on a credit card. Oh and I am pretty sure a debit card would not allow a million dollar transaction even IF the user had the money to pay it.
If Reddit had announced reasonable pricing 6-12 months in advance, most apps could have transitioned, including Apollo.
Reddit also could have required Reddit Premium for API access and offered revenue sharing for app developers that onboarded users.
There were so many better ways to handle this.
I don’t care about the awards that much but Redditors do a lot. This decision will piss off Redditors.
Well that seems to be the goal over there
Since when have they given a shit about that?
proflovskiTomorrow: Reddit removes the sharing and reading posts and subreddit features.
CEO: Is this part broken yet?
Lackey: No sir.
CEO: Well then grab a sledgehammer and get crackin!
Yayy haha
ThisIsMyLemmyLoginI’m starting to think Spez is depressed. He probably had visions of being a Billionaire tech bro by now like Zuckerberg and Musk. His only thought these days seems to be how to monetize Reddit, regardless of how he destroys it.