this post was submitted on 02 Dec 2023
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The new more edgy five-o-clock shadow Reddit.
...so they got rid of awards in favor of adding arrow shaped awards?
“Supports the creators” makes me think they have a revenue split and they got rid of the old system to prevent people from not knowing the difference
Yeah this also conveniently happens after they made everyone's Reddit Gold invalid. Pretty damn shady if you ask me.
Need influencers if they are going to IPO
Don’t want to lose money by having to split something people bought a year ago
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The "levels" doesn't even make any sense, a splink of different color?
What a lol.
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🖕🖕🏻🖕🏼🖕🏽🖕🏾🖕🏿
I appreciate your commitment to inclusion.
Hatred of reddit is accepted by all
"Fingering supports the contributors you love."
Is this real?
Yeah:
Giving gold supports the creators you love
I'm not going back to Reddit to find the answer but does any of this money actually go to the creators of the post that gets gold?
If they get at least 10 gold awarded to them within 12 months, and meet the karma/yr threshold, and stay in "good standing" , and aren't nsfw, and any number of the other thresholds Reddit could use to say no, then they might get ~50% of the price paid to award it. Otherwise Reddit just keeps it all.
Investors be like 
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They don't get money, they get exposure which is more valuable than money anyway /s in case it wasn't obvious
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Remember to always tip your celebrities for promoting whatever dumb projects on on your Internet forums, god knows we could use the money.
spoiler
THAT WAS SARCASM
Yeah but can we get back to talking about I Don't Even Remember The Name Oh Wait Rampart
You mean Barbie, right?
Because my movies are the only commercial interests permitted on Lemmy. Look at the banner of this community!
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I'm not one for circle jerking but reddit is objectively becoming a shittier platform
I feel like all of them kinda are
Youtube and Discord conveniently added user tags for no reason literally the moment Twitter went down the already pretty deep hole.
Twitch's favorite pastime is making bank on "unrelated" content
Facebook is just Facebook
Reddit has been constantly losing its appeal every year ever since they moved off the old layout.
Everyone adding/changing things in some meager attempt to drive profits and value without considering effects of user loss because social media is such an oligopoly it doesn't matter.
Hiroshima has completely given up on ever making 4chan profitable, so it's still full of porn and casual racism.
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Love the desperate grab for revenue prior to IPO.
Too bad the ransomware is getting leaked as soon as they announce the IPO date.
Spez, you done played yourself.
Go on...
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They're paying the user this money or this is just for a fancy little icon next to the post like reddit gold used to be?
It's literally just reddit currency for their shitty premium
~~Oh, just more bullshit then. Thanks for clarifying.~~
Edit: they do pay out cash for gold, but they keep most of it.
Not sure why the others are lying - disliking a platform is not a reason for spreading misinformation.
They are paying eligible users based on karma and gold.
Of course, the program is more of a "see, we have something" than a proper revenue share because of the "get at least 10 gold" criterium and all the other hoops you have to jump through.
Thank you for the correct answer! I would have gone on believing a lie had you not responded. Here's their payout table:
| Contributor Tier | Karma (Over 12 mo period) | Payout Rate (Dollars per Gold) | Minimum Gold for payout |
|---|---|---|---|
| Non-contributor | 0-99 Karma | No payout; balance rolls over | n/a |
| Contributor | 100-4999 Karma | $0.90 per 1 Gold | 10 |
| Top contributor | 5000+ Karma | $1.00 per 1 Gold | 10 |
So they charge $2.69-$66.99 for gilding and only give the contributor $0.90-$1, keeping the rest. Wow, sounds like a shit deal for everyone but Reddit.
So basically this will give a very small handful of gallowboob-scale karma whores maybe a thousand dollars a year.
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In all my years in reddit I only got gold once. The prerequisites of needing 10 is just bonkers.
After 10 years, approaching a million comment karma, and many sourced write-ups and copy pastas I got a fair amount. Probably 200 of a mixture of gold and the occasional platinum. This was concentrated in later years as I better understood reddit, and understood specific audiences more. I strove to give genuinely good information, too.
Unfortunately reddit's admins are lazy, suck, and some subs' moderators even worse (looking at r/news) and they screwed me. Their loss. I'll find another platform to publish content, like here of course and elsewhere.
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I usually get "gold" by complaining about how admins / employees can give it out for free to drum up interest.
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When I used to have gold to gild, I would always give it to the stupidest comment, like the most childish shit ever, if you had a poop joke or something, I'd give you gold, most of the time people would join in and gild the dumb comment.
Man if I'd have found this out back then I'd have ranted at you for ruining reddit.
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Fuck all that Reddit shit
Imagine the person (or more likely a whole group) who has spent weeks designing and iterating over those arrows.
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Wait are they charging people for upvoteing
It's what the old gold used to be. They rebranded it and added a tiny incentive for content creators (like a dollar per gold, regardless of the level of gold, once you reach a certain karma level)
Really it's just shittier reddit gold and another way reddit is trying to make money off of colorful arrows
Turning Reddit into a career
A repost bot’s dream
This is off topic, but why isn't there an animated gif of Bugs Bunny saying the "NO"? I mean, we have animated gifs for almost everything else, but I only see this as a static pic. Can no one find the cartoon that this is from and create a gif from it?
It is because the cartoon in which the frame is from he doesn't actually say no. The frame is taken just after he chugs a whole bottle of "Hare Tonic" https://youtu.be/uuKiqu3g_sE
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Musk must have come up with the idea. Wait, there's no $4.20 option, so maybe not.
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What a bunch of scumbags
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