gsa32@lemmy.world to Reddit@lemmy.world · 1 year agoReddit kills awards and coinsold.reddit.comexternal-linkmessage-square878fedilinkarrow-up12.26Karrow-down124
arrow-up12.23Karrow-down1external-linkReddit kills awards and coinsold.reddit.comgsa32@lemmy.world to Reddit@lemmy.world · 1 year agomessage-square878fedilink
minus-squareTWeaK@lemm.eelinkfedilinkarrow-up40·1 year agoDidn’t they come out and say early on when they firsr introduced rewards that they’d made enough money to cover their server costs for many decades? Whatever happened with all that?
minus-squareVaryk@sh.itjust.workslinkfedilinkarrow-up12·1 year agoDid they? Do you have a link to that? I’d be very interested in that. The whole situation is so bizarre
minus-squarefuckwit_mcbumcrumble@lemmy.worldlinkfedilinkEnglisharrow-up10·1 year agoMaybe it covered their costs for old school reddit pre built in image/video hosting when it was essentially just text and thumbnails? Now that they’re no longer relying on imgur (which is doing it’s own thing) they have to host their own images which is EXPENSIVE.
minus-squareTWeaK@lemm.eelinkfedilinkEnglisharrow-up3·1 year agoIn other words, they digg their own grave.
minus-squareayyndrew@lemmy.worldlinkfedilinkarrow-up3·1 year agoI think it used to say on people’s profiles something like “This user’s gold has paid for x hours of server time”
minus-squareBlooregardQKazoo@lemmy.worldlinkfedilinkarrow-up25·1 year agoThey probably blew all of the money on Spez’s pay and NFTs.
minus-squarejarfil@lemmy.worldlinkfedilinkarrow-up2arrow-down1·1 year agoReddit is selling NFTs (avatars), not buying them.
minus-squareMsPenguinette@lemmy.worldlinkfedilinkarrow-up9·1 year agoLine must go up. Doesn’t matter if it’s sustainable or if a bag was gotten in the past
Didn’t they come out and say early on when they firsr introduced rewards that they’d made enough money to cover their server costs for many decades? Whatever happened with all that?
Did they? Do you have a link to that? I’d be very interested in that. The whole situation is so bizarre
Maybe it covered their costs for old school reddit pre built in image/video hosting when it was essentially just text and thumbnails?
Now that they’re no longer relying on imgur (which is doing it’s own thing) they have to host their own images which is EXPENSIVE.
In other words, they digg their own grave.
I think it used to say on people’s profiles something like “This user’s gold has paid for x hours of server time”
They probably blew all of the money on Spez’s pay and NFTs.
Reddit is selling NFTs (avatars), not buying them.
Line must go up. Doesn’t matter if it’s sustainable or if a bag was gotten in the past