Read all about it at the above link. There’s way too much to process here. This is going to be wild.
deleted by creator
Yeah, it does look like this has been around for a bit.
https://www.reddit.com/community-points/ has at the bottom “copyright 2021”.
https://www.reddit.com/r/CommunityPointsHelp/ has posts from 2 years ago.
Why is this being posted as if it’s new?
Haven’t community points been a thing for a long time? I recall you used to be able to buy/donate points to your community to open up features (like getting to post emotes in replies, which is just aggravating more than a ‘perk’, and ensured I never participated).
Why can I no longer convert my Points into Reddit Coins?
Reddit Coins (including monthly coins from Reddit Premium) are winding down September 12, 2023.
Well this does appear to be old and incorrect
Community Points are the first step towards a better future for online communities. In order to be truly independent from platforms like Reddit, communities need to be owned by their members in ways that platforms cannot take away. With the advent of blockchain technology, we now have a way to establish this freedom in a decentralized and secure way.
The way to be independent of Reddit is by having a token on a blockchain maintained by Reddit?
Also an odd statement from a company that just strong armed a bunch of communities into either conforming or having their leaders replaced.
Almost like they’re creating the problem in order to sell the “solution”
Guys, you missed the block chain boat, this isn’t going to save your IPO
They’ll do something with AI in 3 years or so, if they still exist.
In a few months all content in Reddit will be AI generated
*weeks
Spez has been jonesing for redditcrypto since 2016.
Well yeah how else is he gonna pay for his jailbait cp
right? Blockchain is so 5 years ago
What are you talking about? By the way, could I interest you in some GameStop stock?
Here is an alternative Piped link(s): https://piped.video/YQ_xWvX1n9g
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source, check me out at GitHub.
Reddit is talking about decentralization and stuff like that like they aren’t a centralized platform themselves. Giving control to the community, but remember if we don’t like what you’re doing with your communities we’ll threaten your moderation team!!!
Complete corporate happy-go-lucky fake unawareness, gaslighting, no shame, but even feels like they are just saying this to humiliate the people who understand what it really means and banking on the memorilessness of their cattle…is there a word for this?
“It is time for communities to break free of walled gardens and take ownership of their existence online.”
So, literally the fediverse ?
Yeah, the first section made me expect they were going to say “Which is why we’re shutting down and recommending users migrate to Lemmy”.
Of course it’s some crypto bullshit for investors.
Ironic coming from Reddit.
Almost. Substitute dictatorial control for independence, and you’ve got it!
my instant thought as well
communities need to be owned by their members in ways that platforms cannot take away.
uuuuh
They are trying to win us back by… gaslighting.
Hey, no baby, I didn’t just ban some mods because they refused to do what I said, no way baby, I respect you too much for that! Now, you’re going to stop dating that lemmy guy and come back to me, right? You know I love you. You know I would never ban a subreddit unless they broke the site wide rules, right? You need me, you know it’s true.
Glad I got out of that toxic relationship. The new girl feels a lot like the ex but at least she belongs to everyone in the room ! hell, uh… yea
Oh the irony 😅
we now have a way to establish this freedom in a decentralized and secure way
they have shown us that their goal is profit, not user experience, you can never believe them
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.
That’s hilarious, when they literally just trapped users in their app and killed 3rd party apps.
In case anyone’s confused about what this is all about:
$5/month per community
It’s easy to miss, but they snuck in that Special Memberships (subreddit subscriptions, which unlock badges and emojis and stuff) cost $5 a month per subreddit, outside of Reddit Premium. You can also spend 1000 Community Points, but if you don’t have the balance and want the benefits, you’ll be giving reddit money.
It feels like reddit has come to understand how much closer redditors feel to their communities than reddit as a whole - reddit is hated, but users still cling to their communities. A sitewide Reddit Premium badge is irrelevant, even repugnant and a badge of shame, but special flairs and features in close knit communities are still desirable.
This is reddit exploiting their users’ relationships with their communities with a stackable 5 buck alternative to Reddit Premium.
spez pulling off an elon lmao
Probably the only smart thing Reddit has done all year. All you have to do is invent some sort of perk for a community and put it behind a monthly paywall. Make it a pooled system with a goal and peer pressure will get you more subs. Discord has been making bank on this concept for a while now.
If they can leverage subreddit tribalism, it might have even have more potential than Discord, which isn’t nearly as interconnected. Or it would have, if they hadn’t hitched this to the blockchain.
Per subreddit?!
ROFL. 🤣🤣🤣👒
Man I remember back in the day when somebody bought me in Argentinium award. I shit a brick when I found out how much that thing cost.
I got a few thousand points to spend on awards, but I never would spend money on an app like that. Such a rip off.
LMAO ITS BLOCKCHAIN
we called it, reddit goes fucking crypto bro
Everybody knew the second he started talking to Musk. Burn it down to chase off everyone but the farthest right whose only concern with a platform is not getting banned for the n word, then load it up with buzz words they don’t understand but will worship anyway.
Haven’t they been crypto bros for years now? The Avatars have been blockchain NFTs for a hot long minute.
I’m sorry but this is some dystopian bullshit that’s all centred on the false premise that communities are anything other than the people who choose to count themselves among them and engage in them.
Reddit is just the tool some communities chose to use to gather their members and communicate. That’s it. If a community decides that Reddit is no longer the appropriate tool for the job, they can leave and build their community elsewhere. That may be a bit of an oversimplification, given the resources and tools those communities might lose through the transition, but strictly speaking, Reddit can’t do anything to stop the members of any particular subreddit going elsewhere, and a cryptocurrency absolutely is not going to fucking facilitate the ownership or mobility of a community.
It’s a bullshit form of control that they want their users to willingly bind themselves to. Suddenly you’re not just participating in a community, but you’re genuinely invested, tied to something with a perceived monetary value, that even if you can theoretically remove from Reddit and take elsewhere, won’t have any more value than people choose to place on it, and won’t represent the community that generated it in any meaningful way.
It’s literally “Hey, the more you use Reddit, the more of our crypto you’ll earn, which could be worth more than zero one day! You better keep using Reddit, huh? You wouldn’t want to lose that potential for more than zero eh? In fact, why don’t you encourage more people to use Reddit too? Then they’ll generate their own crypto, and the more people use our crypto, the more it’ll be worth for everyone! See, if you get five more people to use Reddit, and those five people also get another five people each to use it etc etc etc…”
The fuck out of here.
For now, Reddit will cover gas costs for distributing Points to users and allowing them to spend Points on features such as Special Memberships.
Spez: “We are not profitable”
This is where Spez is spending money. Not on making the App/UI/UX better, but on crypto scams lol
“Own” your community, but if you blackout or post John Oliver, we’ll take it away from you.
I love how they talk about community independence yet Reddit can come in at any time and remove the mods if they don’t like the content those communities are producing
Okay. Each sub gets fresh points according to it’s size, activity and admin preference.
Every month your karma in a sub gets converted into these new points. These points can then be used to tip others, buy animated emojis or badges to show off. They are also used to make your vote count more in polls.
Mods can give commenters fines for misbehaving and make posts earn less points.
Sounds very capitalist. I guess it makes everybody go to a few big subs, as little subs don’t earn anything. And those big subs are overrun by a few big players who floated to the top and stay there because of their influence. Little subs get overrun by alt-right as the fines mods can give there are just pocket money.
But that’s what you get when ideology and dictators rule.
Sounds completely awful. They are really good at draining the fun from social media.
They are gamifying the experience. Soon there will be loot boxes randomly found…
The best pack size to buy orangered gems with your points is of course the largest pack, but you’ll get slightly less than you need to upgrade your narwhal’s midnight baconator so you’ll need to buy two packs
Oh buddy. Are you familiar with temu? Like alibaba or wish or Amazon. Well they have a fish feeding game that incentivises you to log in every day and do stuff like share and buy etc to potentially get a discount etc. It’s insane. A MARKETPLACE APP WITH A GAME TO GET PEOPLE MORE HOOKED.
I hope subreddits can allow more “if this gets x upvotes I’m posting with 2x [subreddit related image]” just to subvert this stupid system.
I doubt that, it’s against site-wide rules
You are right. One can still dream of Ewans (from 5y ago) or grains of rice (from this year)…
In order to be truly independent from platforms like Reddit, communities need to be owned by their members in ways that platforms cannot take away.
Is this a fucking joke
Yeah, it is. It’s nothing new. Here is a post about it from 3 years ago:
I love shitting on reddit as much as the next guy, but I don’t think they are actually implementing this.
So they want to claim they are like Lemmy, but without doing what Lemmy does. Got it.
This reads like shit. it starts off with this ground breaking tone, then its just crypto bs? and then the article just ends abruptly. The fediverse is the solution to the problem theyre talking about not some shitcoin. sheesh
