this post was submitted on 02 Dec 2023
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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.
Thank you for the correct answer! I would have gone on believing a lie had you not responded. Here's their payout table:
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.
So basically this will give a very small handful of gallowboob-scale karma whores maybe a thousand dollars a year.
Assuming users are willing to pay for comments. I'd expect far fewer awards to be handed out now that they cost dollars.
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.
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.
$0.90 per gold ?
I mean shouldn't that gave been:
$0.90 ger dollar given by golds?
Anyway, it smells like the large majority will work and get nothing, some "pro" accounts will maybe.
Reddit was mainly driven by lots of small 'content-creators' (I hate that word so much) like ordinary people sharing and helping.
Cheers to you all making posts and comments here (and well anywhere actually, because IMO it benefits humanity mostly).
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
In all my years in reddit I only got gold once. The prerequisites of needing 10 is just bonkers.
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.
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.
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).
I usually get "gold" by complaining about how admins / employees can give it out for free to drum up interest.
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!
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.
Depends if I was just looking to karma whore or just shitpost for fun. When I was trying I could easily rack up karma. But even so it's a lot of work.
Nah makes perfect sense, they don't wanna have to pay out.