this post was submitted on 25 Sep 2023
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Technology

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137
Reddit revamps gold system with opportunities to earn real money for posts (mashable.com)
submitted 1 year ago by ooli@lemmy.world to c/technology@lemmy.world
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[–] Tibert@compuverse.uk 29 points 1 year ago (2 children)

Here is another article it seems to have more info https://techcrunch.com/2023/09/25/reddit-will-start-paying-you-real-money-for-your-karma/

redditors need to earn at least 10 gold within a 30-day period — if they don’t reach the threshold, the balance rolls over. For users with between 100 and 4,999 karma, they will receive $0.90 per 1 gold. Once you earn more than 5,000 karma, you can earn $1 per gold.

It's so bad... and what will happen is spam cheap bot content to get the gold amount necessary to get paid.

[–] reallynotnick@lemmy.world 22 points 1 year ago

Question is who is just throwing $2 at comments? Should users just cut out the middleman and post their Venmo/Patreon handles or something?

If the app stores take a 30% cut then they are making 60cents off the $2 and Reddit takes in 40¢ while the user gets $1.

Just pay me the dollar directly, be sure to upvote, comment below and subscribe for more comments like this.

[–] Moobythegoldensock@lemm.ee 3 points 1 year ago (1 children)

And it also excludes NSFW or other non-monetized content.

[–] goferking0@lemmy.sdf.org 2 points 1 year ago

And subs can't opt out