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$5/month per community
You may have missed it, 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.
I still don't really get who gets the money from this special membership? I understand people subscribe to YouTube and twitch personalities because they want to support the creator and they get most of the money, but what incentive does anyone have to buy this community membership here? Is it really just the special avatars/badges/whatever?
Clout in a community they care about. I can't relate to wanting it, but people buy clout all the time online and in games. This is basically a more personalized Twitter Blue.
They also said something about community points being usable for moderation/governance. Does that mean people can come in and save/buy enough Community Points to enact a coup?
Like, Atheists could get enough Christianity sub credits and ban all the Christians? Or bigots could seize an LGBTQ+ sub? It seems kinda like a nightmare waiting to happen if so.