• SulaymanF@lemmy.world
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    1 year ago

    There’s rumors that Reddit may launch some new cryptocurrency. Based on code in the Reddit’s Android app, Reddit appears to be working on a “contributor program” that would let users cash out gold or karma (basically, points you get for posts, comments, or giving awards) they receive into real money.

    • Same@lemmy.world
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      1 year ago

      They’ve kind of already implemented that on the cryptocurrency subreddit as Moons - and yes, it’s about as bad as you’d expect.

      • Ashenparty@lemmy.world
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        1 year ago

        Didn’t that just cause rampant upvote farming and ultimately not work out since they had picked FTX as their partner for it?

        • Gestrid@lemmy.ca
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          1 year ago

          You say that as if they stopped it. (From what I can tell, they haven’t.)