473
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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.

you are viewing a single comment's thread
view the rest of the comments
[-] eek2121@lemmy.world 18 points 1 year ago

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.

this post was submitted on 14 Jul 2023
473 points (97.4% liked)

Technology

59651 readers
137 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS