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Reddit kills awards and coins
(old.reddit.com)
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I can only imagine we’re going to see it replaced with something altogether more exploitative.
The admin that posted that has been working on blockchain/crypto/NFT stuff for the last year… I can only imagine they have some awful plan relating to that.
technically you aren't wrong...
there was an APK teardown once the API changes happened that showed the following information because Reddit broke for a bit:
Android authority page on it here: link to article
apparently these are already active in r/cryptocurrency and r/eth or w.e the Ethereum subreddit is...
definitely not looking good and I'm glad I switched to lemmy when I did
That'll be very interesting. I always forget about the NFT shit despite having been a redditor for years. I don't want to give them ideas, but I'm guessing they would let people "reward" each other those fugly ass avatar NFTs.
I saw a post over here earlier today about someone data mining the Reddit app code and finding monetization options for top contributors. Literally paying people to shitpost.
Hopefully someone not on mobile can link it here. Seems like it’s already set in stone.
My bet is a "buy karma with money" program, mirroring the "sell karma for money" one, but geared towards advertisers. That means native, built-in advertisement in the platform, that you can't block through ad blockers because it behaves the same as the content there.
They never actually replace things that they kill though. They just say they have something better lined up and then you never hear about it again. They said the same thing when they removed the setting from your profile to disable the constant app nagging in your browser. They said "we have something better planned", removed the toggle, and that was it. That was like a year ago.
They have no incentive to improve the user experience, it's a money machine where you're the product and advertisers are customers. When you use their app they can track you and serve ads more effectively.
Maybe some day they'll get that the more processor-hungry-techno they pour in the mix, the costlier the server gets.
Hence, reddit gets more addicted to money; so more ads and other corporate agreements.