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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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 2 years 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 ?

[–] pacology@lemmy.world 1 points 2 years 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.

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