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Reddit’s new Contributor Program will let you cash out gold given to your posts by other users in real money. (www.theverge.com)

submitted 1 year ago by misk@sopuli.xyz to c/technology@lemmy.world

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[–] autotldr@lemmings.world 6 points 1 year ago (1 children)

This is the best summary I could come up with:

“In the past, there were both paid and free coins that had been distributed, making it incredibly challenging,” spokesperson Tim Rathschmidt said.

With the introduction of the Contributor Program, thanking a kind stranger for giving you gold takes on a new meaning.

Part of what makes Reddit so useful is that most great posts aren’t made with an expectation of payment, meaning that people share their expertise, a handy tip, or a funny joke just because they want to.

I’m also worried that bad actors might find ways to abuse the Contributor Program to earn a quick buck without actually making meaningful contributions.

The Contributor Program is also rolling out starting Monday, and it will be available on the web and Reddit’s mobile apps.

While the protests across the site over the API pricing have largely died down, some users expressed their unhappiness toward CEO Steve Huffman during the recent run of the r/Place interactive canvas.

The original article contains 778 words, the summary contains 156 words. Saved 80%. I'm a bot and I'm open source!

[–] Peanutbjelly@sopuli.xyz 2 points 1 year ago

So a platform that more heavily favours and incentivizes the information preferred and supported by those with expendable money.

Can we eat the rich yet?