Reddit will start paying you real money for good posts | TechCrunch
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Reddit announced a contributor program on Monday, which awards users actual, real money for their fake internet points. Now, eligible users will be able

Reddit will start paying you real money for your karma::Reddit announced a contributor program on Monday, which awards users actual, real money for their fake internet points. Now, eligible users will be able

  • Trev625@lemm.eeEnglish
    78·
    1 year ago

    "But there are concerns that programs like this can incentivize spammy posting, or ‘engagement bait.’ "

    The cryptocurrency subreddit started this a while back with their Moons and it completely changed how the whole subreddit worked. The monetary incentive seems to ruin any sort of natural engagement.

    • OldWoodFrame@lemm.eeEnglish
      42·
      1 year ago

      Reminds me of the Behavioral Economics classic case of the daycare that started charging for late pickup. Instead of disincentivizing bad behavior, it assigned a price to a service which people became happy to pay, when prior they avoided doing it due to social stigma.

    • Tibert@compuverse.ukEnglish
      8·
      1 year ago

      There aren’t just concerns, it’s a f prediction.

      redditors need to earn at least 10 gold within a 30-day period — if they don’t reach the threshold, the balance rolls over. For users with between 100 and 4,999 karma, they will receive $0.90 per 1 gold. Once you earn more than 5,000 karma, you can earn $1 per gold.

    • ColeSloth@discuss.tchncs.deEnglish
      3·
      1 year ago

      Do you think people will buy gold for spam and click bait, though? It’s basically a person paying $2 to give the poster $1. Who’s going to give money to clickbait?

      What it will do is spawn some heavy, heavy super users that will just immediately post every article as soon as it drops from a swath of different websites in hopes of getting paid.