I just saw someone mentioning that on mastodon maybe ten minutes ago, and then it instantly made sense. How innovative he is. Even when he can see the fallout before engaging in it
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.
Pretty sure that's exactly what they want. Those are way more neutral/marketable qualities to advertisers than "Sometimes your ad will be shown next to a 10-page, expletive-ridden tirade about poop-knives, and no, they won't explain what it is".
In the short term, yes. And in the context of them trying for an IPO, that's probably what they want. But it absolutely will kill the site in the end because no one actually wants to hang out in an ad riddled wasteland.
I'm still on Facebook because of that's how I keep up with friends I no longer live near, but you know what Facebook has been loath to show me recently? Posts from my friends. Easily 75% of my feed is sponsored or "recommended" content. If they're not going to show me the one and only thing I come to the site to see, I might as well not come to the site.
They'll make everyone work like slaves and when payment time comes, they could easily change the rules to avoid paying out too much. They'll change rules and blame the content creators for it.
I would really like the option to choose between multiple instances (even accounts on same instance??), which I think is the very last line of your post. :)
On reddit I was very grateful to the RES account switcher, and mobile app that let you easily switch accounts. I would probably never have actually gotten into reddit without those. It let me use completely different parts of reddit to express and explore different interests I think one of the things that made reddit the best social media platform was how pseudonymous it was. Total opposite of facebook "real name policy" attitude.
In the lemmy/kbin situation I am not sure how the interface would be. Need 1) some kind of persistent switching interface, 2) reminders of what account you are in. In RES it showed you your account name at the top of the page in the selector, and optionally above every comment box so you didn't accidentally post as the wrong account.
In the meantime I guess I will eventually install every available extension that does this and assign each one an account lol. Or pick one and make several local forks and install separately. hmm
"Site I only still care about to laugh at thinks I am going to give it my tax information." I'll have to think real hard about that one.
Investors should themselves have a good think about how the CEO that self-reported making zero profit in over a decade as one of the most popular social media sites — a site whose ad revenue has stuttered in the face of what is officially a month long protest — can afford to be handing out money to shitposting bot farms now.
I don't know, while I won't be going back there, I can see it help make reddit more mainstream, by attracting influencers. Imagine IG Influencers or Youtubers encouraging people to engage with them personally on reddit. I can see it actually working out alright for Reddit and possibly a small number of already successful influencers and celebrities. I don't see it making the experience any better for the average redditor, though
I can see it help make reddit more mainstream, by attracting influencers. Imagine IG Influencers or Youtubers encouraging people to engage with them personally on reddit.
…please like this post and friend me, and ring that bell. Oh man, you’re right, they’re going to go the tickytocky YouTube route.
I feel like a big part of the appeal of reddit was that it was kind of a sea of anonymous people and mostly sidestepped the cult of personality that thrives on other forms of social media.
This is a big fucking gamble on their part I think.
There definitely were personalities on Reddit, like poem_for_your_sprog, who gained a following. I could see sprog making appreciable money with the proposed system.
u/SchnoodleDoodleDo in the r/aww community (known for their cute animal perspective poems) was another. I could see all their upvotes being worth something.
Teah but it's not like the predominant mode of the website and it's not the same kind of like cult of personality you get with youtube creators. Poem for your sprog is like a novel little thing you randomly run into on the site and are like, ah cute. But if that kinda gimmicky shit was all the site revolved around it would for sure not be the same place anymore and I think it would lose a lot of people.
Why do I suspect that, even if one were to spend 8 hours a day on Reddit, making comments that all were gilded, you'd still earn less than minimum wage?
If you look at the distribution of earnings for other platforms like Twitch or YouTube, there'll be a top 1% of people making decent money and everyone else will make jack shit.
Shows how desperate they've become for content creators after the fiasco that was the third party app protest. Like, they're not profitable yet, and they want to give money away? C'mon already.
So the incentive to make the best spambots won’t just be some project for influence, but an actual financial reward? Truly, reddit will be at the forefront of innovation.
Musk did the same stupid thing just now, rewarding accounts with many retweets/views with money (of course Fascists), making sure bots will bot the shit out of other bots to make a dime, of course Musk-lover Spez follows suit.
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