this post was submitted on 02 Aug 2023
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Sync for Lemmy
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The reddit gold model didn't work. Reddit was a VC funded start up though, so if was expected to make a lot more than just enough to keep the servers going.
I'd bet lemmy instances can get by on donations and reddit style awards. Like you say, it can be incentivized further with cosmetic rewards.
That's a good point. The federation part makes it trickier.