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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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[–] very_well_lost@lemmy.world 1 points 1 year ago* (last edited 1 year ago)

Based on code in the Reddit’s Android app, Reddit appears to be working on a “contributor program” that would let users cash out gold or karma (basically, points you get for posts, comments, or giving awards) they receive into real money.

So rather than start paying the volunteer moderators that keep their site running, Reddit is going to pay the repost bots and low-effort karma farmers? Surely that will improve the quality of content on the site... /s