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Reddit is getting rid of its Gold awards system
(www.theverge.com)
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this post was submitted on 14 Jul 2023
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I finally figured out what's going on. Someone at reddit asked, "ChatGPT, what are the 10 most damaging things reddit could do to alienate users and decrease its value?" They then began working on the checklist... they're up to, what, 5?
Killing off the free api made some sense. Killing off perks for the resisters who actually pay them money is just the dumbest thing possible.
I don’t think many objected to monetizing the API.
The issue is cost, and the lack of time for transition.
The Apollo developer said it clearly: How the hell do you put millions of dollars on a credit card. Oh and I am pretty sure a debit card would not allow a million dollar transaction even IF the user had the money to pay it.
If Reddit had announced reasonable pricing 6-12 months in advance, most apps could have transitioned, including Apollo.
Reddit also could have required Reddit Premium for API access and offered revenue sharing for app developers that onboarded users.
There were so many better ways to handle this.