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Reddit is getting rid of its Gold awards system (www.theverge.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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Reddit is going to sunset its current coins and awards systems, meaning you won’t be able to buy Reddit Gold for posts you like. However, it is working on a new system for awards.

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[–] redcalcium@c.calciumlabs.com 14 points 1 year ago (1 children)

Spez is following twitter's playbook down to the letter. Aren't twitter just starting to enable revenue sharing program with their most popular users?

[–] zeppo@lemmy.world 8 points 1 year ago

It seems like Twitter was basically copying YouTube, which sort of makes sense (Instagram and TikTok also pay people) but I get the impression reddit is mainly copying Twitter.

Spez mentioned he thought Twitter was doing great and wanted to emulate them, which is confusing considering nothing they’ve done has been popular or successful. Mark Zuckerberg said he also was impressed, but with recent events, I think he was psychologically tricking musk, like “you’re doing great! Just keep doing that!”.