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Reddit is killing its Gold awards system

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After triggering protests over its API adjustments, Reddit is making one other change that’s angering its customers, as the corporate introduced that it’s sunsetting its cash and awards system. Though the platform says it’s engaged on a brand new rewards system, it hasn’t supplied any particulars about when it might launch. Up to now, customers have been capable of buy Reddit Cash and spend them on awards for others.

Reddit says customers will now not be capable to buy new cash beginning in the present day. All awards and present cash will proceed to be out there till September 12, 2023.

In a blog post, Reddit stated it’s making this modification in an effort to make its platform easier. The corporate says it has heard that customers don’t admire the “muddle from awards and all of the steps that go into really awarding content material.” Because of this, it’s working to overtake how rewards work on its platform, however didn’t present specifics about what the brand new system might appear like.

“It’s develop into clear that awards and cash as they exist in the present day must be re-thought, and the present system sunsetted,” the corporate wrote. “Rewarding content material and contribution (in addition to one thing golden) will nonetheless be a core a part of Reddit. We’ll share extra within the coming months as to what this new future seems to be like.”

For context, the Reddit neighborhood would use cash and awards in several methods to acknowledge good contributions from different members. You can see awards as little icons on posts on the platform. Reddit first launched Reddit Gold, which then developed, as Reddit launched new awards together with Reddit Silver, Platinum, Ternium and Argentium. There are at present greater than 50 forms of awards on the platform.

Reddit says it would share extra a couple of “new course for awarding that enables redditors to empower each other and create extra significant methods to reward high-quality contributions on Reddit” within the coming months. The purpose behind the overhaul is to create a system that’s easy, simple to make use of and straightforward to know, the corporate says.

The corporate’s determination to sundown its present rewards system earlier than launching the revamped one has left users upset, because it leaves the platform with no rewards system in place.

“Killing options with out replacements prepared, yep feels like Reddit to me,” one user wrote below the corporate’s announcement publish. “In different phrases, you’re eradicating a preferred function and charging the identical quantity for premium,” one other consumer wrote.

Reddit’s newest announcement comes because it has been going through ongoing backlash for its determination to start out charging builders for entry to its API. The change sparked protests from a number of subreddits and moderators. Reddit CEO Steve Huffman has constantly defended the corporate’s determination over the previous month. Reddit appears to be adamant about its determination, and new adjustments to the API pricing construction appear unlikely.

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