this post was submitted on 18 Jun 2023
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Has there been any indication that reddit may pay creators and moderators, like youtube and meta and other platforms do? or are they just expecting to pocket all the cash?

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[–] pacology@lemmy.world 1 points 1 year ago

This is an interesting idea. Reddit was created at a time when creator monetization wasn’t super common (beside ads on a blog).

Now, with tictok and the like, revenue sheeting with creators isn’t that weird.

I can’t just wait for the karma mining options to begin. Maybe people could repurpose their bitcoin mining rigs to run LLMs to create new memes. After all, they were trained on Reddit data.

It’s a tough thing to configure. How much do you pay. Do you pay on volume or on difficulty.

[–] athos77@kbin.social 1 points 1 year ago (1 children)

Isn't that what Community Points / reddit Cash or whatever the fuck they were going to call it was? IIRC, they were supposedly backed with Ethereum or some other cryptocurrency. I don't know whatever happened to that program, though; like so many other ill-considered reddit ideas (RPAN, anyone?), it seems to have just faded quietly into the background and disappeared.

Was it going to be payed out to mods and creators ?

[–] thorle@feddit.de 1 points 1 year ago* (last edited 1 year ago) (2 children)

You want to have 3 15-seconds long uninterruptable ads when you click on a post? I don't think one can compare the content quality of a youtube video with a single post and they'll never generate the revenue that youtube does. You already can get moons on reddit in one or some subs, but that only led to a lot of bullshit posts, so i don't think that is the right incentive and you wouldn't like the outcome. They should pay moderators though, but since there are so many that enjoy doing it for free, that probably won't happen either, only maybe if they dig themselves deeper into the current mess where every moderator flees the site.

YouTube. Twitter. Yelp. Instagram. Meta.

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[–] blahaj@kbin.social 1 points 1 year ago (1 children)

I'm sure it'll happen around the same time that Discord moderators begin to get paid

[–] LachlanUnchained@lemmyunchained.net 1 points 1 year ago (1 children)

Yeh. But I’d discord extracting an insurmountable amount of profit out of its users?

[–] blahaj@kbin.social 1 points 1 year ago

They make bank from Nitro but probably not at the same level as reddit with its premium membership and advertising service. If Discord double dipped and showed ads to non-Nitro users it might be a different story.

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