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?
"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.
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.
Some users wonder if the dev will be charged for having it still up, others argue Reddit can't charge him without having signed a contract. Everyone is confused as to why the API change hasn't made it inoperable....
When the API shut off early, Apollo dev u/iamthatis (@ChristianSelig) revoked his token so I cannot see any of this; but I’m wondering if reddit isn’t pulling a silent reversal of this to stem the bleeding of users and content. There is a lot of useful stuff that has been deleted. The AMA staff resigning and all the stuff migrating to fedi. No matter how much f-u/spez tries to shout “This is fine”; the building is still burning all around him.
Reddit's Contributor Program could earn you real money for your Reddit karma (www.androidauthority.com)
Reddit could be working on a Contributor program, letting top contributors earn real-world money from the gold and karma they receive.
3rd party app for Reddit, Boost, is still functioning well after July 1st (www.reddit.com)
Some users wonder if the dev will be charged for having it still up, others argue Reddit can't charge him without having signed a contract. Everyone is confused as to why the API change hasn't made it inoperable....
r/ZeroWaste mod talks about ongoing "plague of bots" spamming comments at an extremely high rate (media.kbin.social)