this post was submitted on 15 Jul 2023
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Reddit enrages users again by ditching thank-you coins and awards::Reddit, which is still dealing with the fallout from its last controversial decision, said it plans to phase out coins and awards.

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[–] bleistift2@feddit.de 31 points 1 year ago* (last edited 1 year ago) (6 children)

They were a zero-effort money printer. Why on Earth would they ditch them?

This makes no sense at all even from their perspective.

[–] trachemys@iusearchlinux.fyi 15 points 1 year ago (1 children)

They said they are replacing it with something else. I believe more money will be directly involved.

[–] moosh@lemmy.world 7 points 1 year ago (2 children)
[–] SimplePhysics@sh.itjust.works 7 points 1 year ago (1 children)

Don’t they already have that (premium)?

[–] moosh@lemmy.world 3 points 1 year ago

Yea, guess you’re right.

[–] chakan2@lemmy.world 5 points 1 year ago (1 children)

I think they're changing how awards work. A portion of the award price will go to the awardee.

It's going to be a very cheap way for them to pay freelance writers / creators.

In other words, imagine something like TiqTock with lower quality content.

[–] moosh@lemmy.world 3 points 1 year ago

Ah, interesting. I never really got into the TikTok so don’t really have a reference point.

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