this post was submitted on 02 Jul 2023
973 points (98.4% liked)

Technology

60129 readers
3351 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago
MODERATORS
L3s
[email protected]
[email protected]
L4s
enu
973
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

you are viewing a single comment's thread
view the rest of the comments
[–] [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