this post was submitted on 25 Sep 2023
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Reddit’s new Contributor Program will let you cash out gold given to your posts by other users in real money. (www.theverge.com)
submitted 11 months ago by [email protected] to c/technology
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[–] GreenEngineering3475 41 points 11 months ago (1 children)

So basically reddit gets a dollar on every gold purchased.The contributor who is (let's check the prerequisites)in good standing,completed a kyc,has enough karma,and minimum 10 gold to cash gets a whopping 1 dollar per gold.

So, provide a good answer,get traffic to the site and reddit will shows ads on it and also take a cut from any money given to the contributor(s).

I didn't think reddit could go any lower.Since this is a new low,I am curious how much is this going to ruin reddit(experience).

[–] LifeInMultipleChoice 1 points 11 months ago

Does it also not open the door to stolen intellectual property now? Its one thing to repost a meme or use a format for no profit, but if any post garners profit coming off someone else's creation, would that not be a legal issue?