Ah now they can add the buzzword "Blockchain powered" on every page of their IPO prospectus
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If this were written by anyone else, it would read as an absolutely sarcastic and ironically self aware lampoon-esque post
Step 1. Kick out all the mods from the past 15 years Step 2. Spez temper tantrum Step 3. Give ownership to ???? Mods and content creators???? Or some shit??? Step 4. Pr?f?t????
Step 3.5 Blockchain!!!!111
Knew before clicking it'd be crypto crap
Corporate centralized social media: advertises "decentralization" through crypto People on actual decentralized social media: "That's the stupidest thing I heard in the last 2 days"
Oh what complete fucking energy wasting bullshit that can be handled by a simple db. Just more corporate buzzword bingo from these jackasses in charge.
I am so glad I made a bet with a friend about reddit being much smaller or dead in 5 years, it just keeps getting better for me.
So, they’re saying they’re going to pay people to post and mod, but in a cryptocurrency whose value isn’t listed here? I’ll bet someone’s already coding a whole bot forum to get all the community points.
Is this just a way increasing their perceived worth by making people buy their shitty crypto and locking it into the platform that can only be spent on reddit features?
Sometimes I wonder if the people who work at Reddit have ever heard of Reddit.
Called it. It's crypto.
Missed the crypto craze a bit late there.
Lol. What a shit system. Apart from it being not as popular, Lemmy is a lot better than Reddit lmao.
Oh! So they know most of the people still on their platforms are gullible doom scrollers they can milk with crypto or whatever monetization scheme they want. They know they're scum and are cool with it.
It is time for communities to break free of walled gardens and take ownership of their existence online.
By joining the fediverse and owning their own servers but syndicating through an open protocol like activitypub?
Today's online communities are not like this. They are trapped inside apps and platforms, where they do not have independence or control anything of value. This limitation makes them second-class citizens, unable to chart their own destiny on the Internet.
That is a bummer, are they going to free communities by letting them use third party apps to improve the experience?
Community Points are the first step towards a better future for online communities. In order to be truly independent from platforms like Reddit
...
Community Points represent a way for Redditors to own a piece of their favorite communities. They are earned by making contributions to the community, like creating content and moderating.
Oh, okay, escape reddit by owning reddit tokens?
Most importantly, Community Points are a flexible tool that each community can shape to its needs. Each community has its own Points that it can customize with its own name, symbol, distribution rules, and uses. Every community has its own needs and we expect each to use Points differently and in novel ways that help take them to the next level.
And that's numberwang!
It’s a fucking blockchain. I’m fucking done. That’s it. I’m going to put the Reddit app in a folder and pretend it doesn’t exist.
They should put their money where their mouth is - give out shares of their upcoming IPO for Karma. 10000 Karma = 1 share or something like that. If you thought their system was broken before, just you wait!
Adblockers should add reddit.com as a shaddy and unsafe link
tl;dr, it's more crypto bullshit and it requires the reddit mobile app.
This seems quite silly.
Am I the only one that used Reddit till just recently and has no idea what coins or awards are, or what purpose they served?
FUCKING CRINGE REDDIT, FUCK SPEZ, FUCK REDDITORS AND ALSO FUCK EVERYONE WHO STILL USES REDDIT FOR ANYTHING AFTER THIS!
It isn't new, and framing it as though it were seems rather disingenuous.
Archive link from two years ago : https://web.archive.org/web/20211208000349/https://www.reddit.com/community-points/documentation/introduction
so what am i missing? how are these points awarded? just by purchasing them? like the awards? this sounds like some dumb mother fucking shit.