this post was submitted on 14 Jul 2023
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Technology

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Reddit is getting rid of its Gold awards system (www.theverge.com)
submitted 1 year ago by trashhalo@beehaw.org to c/technology@beehaw.org
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Reddit is removing its current coins and awards system on September 12th. Users will no longer be able to buy awards like Reddit Gold to give to other users' posts. Reddit says the current awards system is too cluttered and confusing, so they plan to introduce a new simpler system in the coming months that will allow users to reward each other in a more meaningful way. Many users are unhappy about the removal of the awards system without a replacement ready. Some are also frustrated that Reddit is not providing compensation for the coins users have already purchased. While details of the new system are vague, it appears Reddit may allow users to cash out their gold and karma for real money.

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[–] Jimbob0i0@beehaw.org 1 points 1 year ago

Back when reddit premium was a thing I was quite happy to sub to that to pay towards costs, and make use of the benefits like X gold to give people per month and increased sub limits etc

Then they messed about with all that and I dropped my sub ...

And I haven't been back since the protests started so 🤷‍♀️