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One good thing I commend reddit for is their business model centered around the user-funded 'gold system' (now called reddit premium [0]). Kind of like a win-w

One good thing I commend reddit for is their business model centered around the user-funded 'gold system' (now called reddit premium [0]). Kind of like a win-win: You see a great post or a comment by a random user, you buy gold (or awards/coins as it's now called), reddit gets the money, post or comment's author gets the recognition in that thread via a special badge (aside from a host of other experience-enhancing benefits) -- everyone's happy. I'm aware of the fact that they run ads, but one can choose to evade all of it by going premium -- pretty neat, imo; Imagine Facebook or Twitter giving users this choice! [0] https://www.newsweek.com/reddit-gold-silver-platinum-premium-how-get-awards-1172321 https://www.newsweek.com/reddit-gold-silver-platinum-premium...

Vinnl 8y ago
Their ad platform also, as far as I'm aware, only spans their own website. Admittedly, given the ungodly amounts of time I'm spending there, that's still a significant amount of profile-building they'll be able to do, but it's still far less invasive tracking than e.g. Facebook's.
zozbot123 8y ago
The new "reddit premium" feature is a downgrade, though. The original "gold" model is a lot smoother - there is a single token of reward, the gold coin. If you want to increase your visible appreciation for the post/comment, just pay more and award them more gold. Yes, the new "premium" model is more palatable to investors, but it's still very clearly giving up a nice, win-win innovation.
pjc50 8y ago
I'd love to see something similar for Twitter. Perhaps with better moderation support as one of the perks. "Gold" systems that actually pay the content creator, patreon-style, are an interesting idea too. But they have considerable potential downsides.
- rchaud 8y ago
  Content is constantly being reposted on Reddit with zero attribution. You're better off trying to create a new community with these types of pay-the-creator systems built into it, than shoehorning it into Reddit where the incentive systems would be completely warped due to the Wild West nature of 'content ownership'.

Vinnl 8y ago

Their ad platform also, as far as I'm aware, only spans their own website. Admittedly, given the ungodly amounts of time I'm spending there, that's still a significant amount of profile-building they'll be able to do, but it's still far less invasive tracking than e.g. Facebook's.

zozbot123 8y ago

The new "reddit premium" feature is a downgrade, though. The original "gold" model is a lot smoother - there is a single token of reward, the gold coin. If you want to increase your visible appreciation for the post/comment, just pay more and award them more gold. Yes, the new "premium" model is more palatable to investors, but it's still very clearly giving up a nice, win-win innovation.

pjc50 8y ago

I'd love to see something similar for Twitter. Perhaps with better moderation support as one of the perks. "Gold" systems that actually pay the content creator, patreon-style, are an interesting idea too. But they have considerable potential downsides.

rchaud 8y ago
Content is constantly being reposted on Reddit with zero attribution. You're better off trying to create a new community with these types of pay-the-creator systems built into it, than shoehorning it into Reddit where the incentive systems would be completely warped due to the Wild West nature of 'content ownership'.