Reddit is getting rid of its Gold awards system - The platform is sunsetting coins and awards but is working on a ‘new direction for awarding’ that it will reveal more about in the coming months.

Reddit is sunsetting its current coins and awards systems, meaning you soon won’t be able to thank a kind stranger for giving you Reddit Gold for one of your posts.

Awards are little icons on posts you might have come across while scrolling around Reddit, and they’re given by other users to show appreciation for a post. Perhaps the most commonly-known award is Reddit Gold, which shows up as a gold medal with a star, but there also reaction awards and awards specific to certain communities.

To buy an award, you need to use Reddit Coins, but if you don’t already have some, you aren’t able to get any more of them as of Thursday, according to a post from Reddit admin (employee) venkman01. Awards and existing coins will still be available until September 12th, and the change to the awards and coins systems means that Reddit Premium subscribers won’t get a regular allotment of coins.

“While we saw many of the awards used as a fun way to recognize contributions from your fellow redditors, looking back at those eons, we also saw consistent feedback on awards as a whole,” venkman01 said. “First, many don’t appreciate the clutter from awards (50+ awards right now, but who’s counting?) and all the steps that go into actually awarding content. Second, redditors want awarded content to be more valuable to the recipient.”

Reddit does have plans for some kind of award system in the future, but the post only provides vague hints about what that might look like. “Rewarding content and contribution (as well as something golden) will still be a core part of Reddit,” venkman01 said. “In the coming months, we’ll be sharing more about a new direction for awarding that allows redditors to empower one another and create more meaningful ways to reward high-quality contributions on Reddit." In a reply, venkman01 said that “we want to create a system that is simple, easy to use, and easy to understand.”

Many users aren’t happy with Reddit’s decision. “Killing features without replacements ready, yep, sounds like Reddit to me,” wrote one user in a highly-awarded reply. Another, replying to an announcement post in a subreddit for moderator news, expressed unhappiness that Reddit isn’t providing some sort of compensation or transition into the next system. And for users already frustrated at Reddit over new API pricing that forced some popular third-party apps to shut down, the loss of awards like Reddit Gold, arguably one of the most iconic elements of the platform, could sting that much more.

While Reddit hasn’t specified what the new system might look like, Android Authority may have dug up some clues. 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. Reddit didn’t respond to a request for comment sent Wednesday about Android Authority’s article.
 
Admins handed those out like candy and still only got a few embarrassing whales to buy into it.
I bet you they try to come up with some kind of Twitter Blue-style subscription service, where you bypass new/arbitrary comment limits, vote limits, moderation limits, etc.
 
I need to make money off of this gay website. LGHDTV+ virtue posting and gold gilding just doesn't pay the bills. Getting freebie awards and metals from karma posting doesn't help keep the lights on either. I would propose a system similar to Ubisoft's creator program which "cultivates" the nicest, fanciest, walled-gardened advertiser friendly content (as referenced in the last paragraph of the OP).

Jump up and down three times, drink the verification can, and cash out your $3.27 for continuing to support the current_thing on our 10mil+ subreddit.
 
  • Like
Reactions: Sundae
This is a real shame, the coins were so good for highlighting right-think and downvoting anti-vax conspiritards and Trump supporters

Edit: Wow I didn't think this post would get so many views

Edit 2: Wow! Wow! Wow! Thank you kind strangers for so much gold and upvotes. I don't deserve it, this really is the best community on the internet.

Edit 3: It's not true that I am a right-wing Nazi, stop looking into my post history and taking things out of context. I'm a bisexual ally who's pronouns are they/them

This account is no longer available
 
How am i supposed to know what astroturfed post is hecking wholesome 💯 without the hecking gold stickers and wholesome seals.

I'm am totally leaving reddit this time bros!

(goes back to politicalhumor without 5 minutes)
 
Any Reddit migrants can come HERE for their glorious ratings.
they will surely love to get one lunacy sticker an hour everytime they post one of their horrible opinions, they need a few more years to be converted to sneed

20230711202435_1.jpg
 
Elon dumping cash upon Twitter users who drive traffic (and thus ad revenue) makes me hope Reddit does the same thing because the results will be hilarious with Reddit thief accounts all stealing content from one another just to make $20.
 
Back