this post was submitted on 02 Jul 2023
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Gfycat is shutting down September 1st (gfycat.com)
submitted 2 years ago by [email protected] to c/technology
148 comments fedilink hide all child comments
 

The Gfycat service is being discontinued. Please save or delete your Gfycat content by visiting https://www.gfycat.com and logging in to your account. After September 1, 2023, all Gfycat content and data will be deleted from gfycat.com

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[–] TheWorstNL 71 points 2 years ago (2 children)

I'm not surprised. How can this be sustainable? Images are embedded in the websites with no way for Gfycat to make any revenue.

[–] [email protected] 36 points 2 years ago (2 children)

As far as I know, companies like Gfycat make money by selling API access to different apps. Like say in a messaging app likeTelegram or Signal. The easiest way for them to integrate a gif search and send function inside of messages is through API access to Gfycat's servers. Gfycat then charges them for this streamlined integration and access.

That plus selling user data or ads on their website means they will have some revenue. I dont know if its enough to keep them afloat. Since they are shutting down, I'm guessing it didnt pan out so well.

[–] rubberducky182 18 points 2 years ago

sounds like they should have asked u/spez for some advice on API pricing. /s

[–] [email protected] 4 points 2 years ago* (last edited 2 years ago) (1 children)

Wait, gfycat collects user data whenever I use one of their gifs? https://media.giphy.com/media/5eFp76zhsq3uw/giphy.gif

[–] [email protected] 3 points 2 years ago

Not through the API call, but elsewhere like when you make an account on their website etc

[–] [email protected] 7 points 2 years ago

It sure as hell lasted a long time though