this post was submitted on 13 Jul 2023
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34
Reddit kills awards and coins (old.reddit.com)
submitted 2 years ago by gsa32@lemmy.world to c/reddit@lemmy.world
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[–] Varyk@sh.itjust.works 5 points 2 years ago (1 children)

I just said this yesterday or two days ago when they announced they were going to start paying people for content, but it truly is amazing how Reddit can find another significant thing that will hurt them as a business and move forward with it.

It seems like they'd run out of things that could significantly hurt their business, they just keep finding something else.

Soon they're going to be down to basic features, And they'll be like hey look so hyperlinks don't work anymore. And then that'll be the end of the press release.

Their "business decisions" are insane right now.

It's very difficult to see this procession of self-mutilation technologically in another light other than deliberate corporate suicide. Like is someone going to benefit if Reddit goes bankrupt? Is that what's happening?

[–] HolidayGreed@lemmy.world 1 points 2 years ago

It’s all going to plan. A wealthy investor has paid a lot of money to shut down popular platforms like Reddit and Twitter. Knowledge is power and they can afford to, and have the incentive to keep us in the dark. Can’t have us poors rising up against inequality if we have no soapbox to stand on.

[–] Lurker@lemmy.zip 2 points 2 years ago (1 children)

I bet they just don't like seeing all the awards go to fuck u/Spez posts.

[–] AzPsycho@lemmy.world 1 points 2 years ago

I think that's actually closer to the mark than many realize. Awards are great when they are not directed at the company or it's rep in a negative manner as they show positive engagement and help the company with sales marketing. When awards and upvote/downvote counters are used to highlight that the users are having a negative experience then it hurts the platform image. Similarly to how YouTube removed the downvote tracker because their marketing team realized it hurt their sales revenue with business partners.

[–] olafurp@lemmy.ml 1 points 2 years ago

First, many don’t appreciate the clutter from awards

"Hide Awards" in settings?

It's almost like they're allergic to working on their app.

[–] Semi-Hemi-Demigod@kbin.social 1 points 2 years ago (1 children)

It's good that Reddit did this today because the memes on the fediverse have been extremely good lately. Reddit Remainers checking it out will find a fun, active community

[–] pulaskiwasright@lemmy.ml 0 points 2 years ago (1 children)

If I was more paranoid, I’d say that the fucking stupid bean meme bs that happened right when the Reddit api shut down was awfully convenient for Reddit.

[–] galaxies_collide@lemmy.ml 1 points 2 years ago (2 children)

I thought it was hilarious and made the community feel fun and alive, which Reddit hasn’t felt like for a long time.

[–] adude007@lemmy.ml 1 points 2 years ago

I upvoted everyone I saw with PRIDE! It was dumb and hilarious. The things that modern internet silliness were founded on.

[–] ChunkMcHorkle@lemmy.world 0 points 2 years ago* (last edited 3 months ago)

deleted by creator

[–] Lynchy@reddthat.com 1 points 2 years ago

What's reddit?

[–] Frz@sh.itjust.works 1 points 2 years ago

Man. What the actual hell is Reddit doing? They’ve been making the most suicidal business decisions this year. Blocking third party apps, they piss off a huge active portion of their user base but sure, you could say they weren’t paying anyway. But now they’re screwing over their PAYING users? I don’t even know what they expect at this point.

[–] 1chemistdown@kbin.social 1 points 2 years ago (1 children)

I really wonder what @ChristianSelig thinks of this

[–] thorbot@lemmy.world 1 points 2 years ago

You dare link me to that vile place?!

[–] MargotRobbie@lemmy.world 1 points 2 years ago (1 children)

Pour one out for the OG.

[–] FatTony@lemmy.world 0 points 2 years ago* (last edited 2 years ago) (1 children)

I like how you didn't even bother to crop out the dot 😂

[–] gravitas_deficiency@sh.itjust.works 1 points 2 years ago

The less you try, the more authentic it is

[–] ButtHertz@lemmy.world 1 points 2 years ago

You can always tell when a community is going downhill when they say they're "empowering users" with their latest changes. They're never actually empowering anyone but the shareholders to make more money.

[–] oryx@lemmy.world 0 points 2 years ago (1 children)

What happened to them being so desperate to make money that they'd charge third party all devs $20 million a year for API access? Surely removing ways to give them money won't help that situation, right?

I know the API thing was all about control and not the actual money, but they're just being so blatant about not giving a fuck about the site or the users. What a dreadful company.

[–] OsrsNeedsF2P@lemmy.ml 0 points 2 years ago (1 children)

As an advertiser, I suspect they're trying to give us more groups of people to target. Ads are expensive, and generate a lot more money than Reddit gold

[–] ChunkMcHorkle@lemmy.world 0 points 2 years ago* (last edited 3 months ago) (1 children)

deleted by creator

[–] bleph@lemmy.world 0 points 2 years ago* (last edited 2 years ago) (1 children)

Not an advertiser but they generally know % of views ("impressions") to clicks (called click through rate) and percentage of clicks that turn into sales (called conversion rate).

For that reason, I don't think they're trying to get rid of human users completely, just the "troublemakers".

I think they want to lead the "silent majority" users into a bot advertorial content hellscape where they control all the levers of power and everything is for sale.

[–] ChunkMcHorkle@lemmy.world 0 points 2 years ago* (last edited 3 months ago)

deleted by creator

[–] theLazyPragmatic@lemm.ee 0 points 2 years ago (1 children)

wish me luck :) I'll keep you updated.

[–] debil@lemmy.world 2 points 2 years ago (1 children)

Any update on this?

[–] theLazyPragmatic@lemm.ee 2 points 2 years ago

Take a guess... But I haven't been on reddit for a long time.

[–] lazycouchpotato@lemmy.world 0 points 2 years ago (1 children)

I found Reddit Gold and Discord Nitro's gifting systems to be smart ways of monetization.

There are people who, despite what you try, cannot or will not pay you. Gifting allows you to keep the people that positively contribute on your platform while still earning money from elsewhere.

Amazing how swiftly they're progressing with their enshittification. Makes me re-think all those 9 years spent there.

[–] Corkyskog@sh.itjust.works 1 points 2 years ago

Dont worry... They are replacing this with almost direct monetary contributions.

There was a leak about how contributors will be able to earn money from updoots.

[–] Hector_McG@programming.dev -1 points 2 years ago

There are some great comments on that thread absolutely ripping the piss out of Reddit. I almost wish I hadn't deleted my account, just so I could upvote them ;-)

[–] drathvedro@lemm.ee -1 points 2 years ago

But why?