• @Windex007
    link
    English
    971 year ago

    This was literally the only piece of development they’ve done in like 12 years that actually generated value to the company.

    • DerRackletTänzer
      link
      fedilink
      English
      461 year ago

      The only reason which this decision would make any sense is a new feature which is going to generate more money for reddit

      • @RightHandOfIkaros
        link
        English
        71 year ago

        You dont buy Reddit awards anymore, now you subscribe to them for a monthly fee.

      • Phanatik
        link
        fedilink
        71 year ago

        Assuming anyone is left to spend money on it by that point.

  • Anomander
    link
    fedilink
    561 year ago

    Worth noting they’re not just ‘discontinuing’ coins and awards - but removing them retroactively.

    This Admin comment notes that the awards themselves will be removed, so posts and comments will no longer display the awards they received; it’s not just that the feature is being sunset, but all awards will vanish from the site.

    • @[email protected]
      link
      fedilink
      351 year ago

      well on a postive note there were tons of fake awards given by admins to make it seem like posts were popular. So those are going away

    • @J12
      link
      191 year ago

      That’s BS. People paid money to give out awards and they’re deleting them?

      Spez is a little weasel.

      • Bappity
        link
        31 year ago

        call spez like he is.
        a greedy little pig boy

  • @glorious_albus
    link
    English
    481 year ago

    They’re speedrunning the destruction of their website

    • @DolphLundgren
      link
      English
      271 year ago

      It’s kind of beautiful and approaching Legendary.

  • @zabil
    link
    English
    451 year ago

    I cannot work out what the benefit is to them of doing this.

    Someone somewhere has paid for those awards. Is it because you can get gifted premium and not pay for it yourself?

    It’s like the company had a collective aneurysm.

    • Espi
      link
      fedilink
      171 year ago

      If they wanted to get rid of gifting premium why wouldn’t they just do that? “Awards no longer give premium for free” and that’s it, or maybe just massively reduce the amount of premium, maybe it doesn’t accumulate if you get more than one award, etc.

    • @_cerpin_taxt_
      link
      English
      111 year ago

      The only thing I can think of is awarding a comment with gold means it can never be deleted. They’re probably trying to mass delete everything that makes them and that fuckwad u/spez look bad.

  • NRVulture
    link
    fedilink
    181 year ago

    Reminded me of a guy whose comment got rewarded so much that he said he would have premium until the 2030s.

  • TomMasz
    link
    English
    141 year ago

    It’s like there’s a contest to see which site can do the most awful fucking thing possible to their users and Reddit is prepared to do whatever it takes to win.

  • cousinofjah
    link
    fedilink
    111 year ago

    Is high inflation really the thing causing all these companies to kill their golden geese?

    • Kichae
      link
      fedilink
      161 year ago

      No. No, not at all.

      It’s the increases in interest rates. The Venture Capitalists are ok not seeing a return on their investments while interest rates are effectively nil, but higher interest rates change the risk/reward balance.

      • mohKohn
        link
        fedilink
        81 year ago

        I mean, why are interest rates high? indirectly its inflation

        • Kichae
          link
          fedilink
          121 year ago

          They’re not actually high, though. They were basically non-existent for 15 years, but now they’re basically back to 2007 levels.

          This is VC’s signalling that they don’t believe these social platforms can survive in an era where money isn’t literally free for them.

  • @[email protected]
    link
    fedilink
    English
    61 year ago

    I hated those awards and I’d be happy they’re gone if I were to ever go back. Don’t know why they didn’t just say a year “hey if you buy premium you can keep using Reddit like you did for the last 15 years, otherwise you’ll have to use the official app, deal with ads, etc.”

  • ArugulaZ
    link
    fedilink
    61 year ago

    Aww, but I liked people giving me pretend medals for the dumb things I said on Reddit!

  • xuxebiko
    link
    fedilink
    51 year ago

    and kids this is why you should never mod r/jailbait.

  • @xc2215x
    link
    English
    21 year ago

    This will anger Redditors.