• 0xD@infosec.pub
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    1 year ago

    Not sure why the others are lying - disliking a platform is not a reason for spreading misinformation.

    https://support.reddithelp.com/hc/en-us/articles/17331620007572-What-is-the-Contributor-Program-and-how-can-I-participate-

    They are paying eligible users based on karma and gold.

    Of course, the program is more of a “see, we have something” than a proper revenue share because of the “get at least 10 gold” criterium and all the other hoops you have to jump through.

    • DarkGamer@kbin.social
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      1 year ago

      Thank you for the correct answer! I would have gone on believing a lie had you not responded. Here’s their payout table:

      Contributor Tier Karma (Over 12 mo period) Payout Rate (Dollars per Gold) Minimum Gold for payout
      Non-contributor 0-99 Karma No payout; balance rolls over n/a
      Contributor 100-4999 Karma $0.90 per 1 Gold 10
      Top contributor 5000+ Karma $1.00 per 1 Gold 10

      So they charge $2.69-$66.99 for gilding and only give the contributor $0.90-$1, keeping the rest. Wow, sounds like a shit deal for everyone but Reddit.

      • Socsa@sh.itjust.works
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        1 year ago

        So basically this will give a very small handful of gallowboob-scale karma whores maybe a thousand dollars a year.

        • DarkGamer@kbin.social
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          1 year ago

          Assuming users are willing to pay for comments. I’d expect far fewer awards to be handed out now that they cost dollars.

      • Ech@lemm.ee
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        1 year ago

        I think the higher amounts in OP’s pic are multiples of “gold” (with $66.99 being 25 gold) and assume the payout would change per gold for what seems like a different currency than what that table is for (where 1 gold is $1.99 USD).

        All that said, Reddit hasn’t really given any reason to give them the benefit of the doubt here, either, so it could very well be $1 per award no matter the amount paid for it.

        • Clinic@lemmy.world
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          1 year ago

          with $66.99 being 25 gold

          so they keep 60+%. I am not sure why people willing to support someone won’t do it directly vs giving a high percentage to a middle man.

      • Sjmarf@sh.itjust.works
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        1 year ago

        You get $0.90 per gold - the fancier golden upvotes are worth multiple gold, with the most expensive one being worth 25 gold. So the post creator can claim 33% back

      • lennybird@lemmy.world
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        1 year ago

        After 10 years, approaching a million comment karma, and many sourced write-ups and copy pastas I got a fair amount. Probably 200 of a mixture of gold and the occasional platinum. This was concentrated in later years as I better understood reddit, and understood specific audiences more. I strove to give genuinely good information, too.

        Unfortunately reddit’s admins are lazy, suck, and some subs’ moderators even worse (looking at r/news) and they screwed me. Their loss. I’ll find another platform to publish content, like here of course and elsewhere.

        • Socsa@sh.itjust.works
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          1 year ago

          Right, so in a good year, you’d have gotten some beer money from it. And in return, you’d have to give reddit your real name and credit card information.

          This is honestly even more pathetic than I ever imagined it could have been. Reddit is trying to emulate the “influencer” model from other social media, but doesn’t want to actually pony up cash to do it. YouTube has bought Mr Beast like six(?) houses at this point. Reddit won’t even buy your friends a round at the local pub.

          • lennybird@lemmy.world
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            1 year ago

            Right. Unless you’re a complete power-user whose entire life revolves around reddit, even the it’s a massive risk akin to saying, “I’m going to go start a successful YouTube channel!” (which would still be a better venture).

      • Final Remix@lemmy.world
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        1 year ago

        I usually get “gold” by complaining about how admins / employees can give it out for free to drum up interest.

        • Socsa@sh.itjust.works
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          1 year ago

          My biggest gold events were saying “don’t buy gold” during Paomageddon. To think, I would have almost gotten enough money to cover the Uber ride to the bank!

      • Pechente@feddit.de
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        1 year ago

        Did you follow niche subs? I noticed when I was more active in default subs, I got gold more often. As the default subs got less bearable and I shifted towards smaller communities, I barely got gold anymore.

        Or maybe the quality of my posts just became shit.