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Bucky @816am.ddns.net

The new system to replace Reddit coins and awards is here. You got out at the right time.

Read all about it at the above link. There's way too much to process here. This is going to be wild.

558 comments

  • It is time for communities to break free of walled gardens

    Lmao how can they say that with a straight face

  • Lmao

    Today's online communities are not like this. They are trapped inside apps and platforms, where they do not have independence

    Trapped in apps like the official Reddit app? Because they ruined 3rd party apps? What are they sniffing over there, the trapping of communities is their own doing.

    I'm done with reddit, so either way I don't really care. Tbh I don't think this will necessarily be a dumpster fire. It might even be interesting, depending on the specifics of this implementation. It's probably fueled by higher ups hearing hype words like blockchain. My expectation is that things will mostly just continue as normal, but now the management and CEO's etc can masturbate to the idea of having a blockchain application.

  • In order to be truly independent from platforms like Reddit, communities need to be owned by their members in ways that platforms cannot take away.

    Oh, fuck off.

  • I like how they stripped communities from their members during the protest but now they are all like "Oh yea... members should own their communities!"

  • Reddit is talking about decentralization and stuff like that like they aren't a centralized platform themselves. Giving control to the community, but remember if we don't like what you're doing with your communities we'll threaten your moderation team!!!

  • This reads like the propaganda of a MLM church.

    Yes, get the internet back to the people, with money, but we don't call it money. Also you were free to go and do what you want but we took this away, see you're restricted, but now we give this option back, well ...only partly because now it's soaked with money, we mean community NFTs. Isn't this fucking exciting!!!!?? We make a shit ton of money, I mean... You will make money! Yeah! Get into the group!

  • Can someone copy/paste it? I refuse to visit Reddit and give them views.

    • Introduction

      It is time for communities to break free of walled gardens and take ownership of their existence online.

      

      The Future of Online Communities

      Communities are the lifeblood of the Internet. They are the places where magic happens online — where people meet others like themselves, think and talk about the same things, and laugh at the same jokes. From newsgroups and chatrooms and forums, communities have always been the centers of the Internet that draw people in.

      But online communities are much more limited than their counterparts in the real world. In the real world, communities are independent entities, free to choose where and how they hang out. No one tells them what to do or where to go.

      Today's online communities are not like this. They are trapped inside apps and platforms, where they do not have independence or control anything of value. This limitation makes them second-class citizens, unable to chart their own destiny on the Internet. It is time to put communities in their rightful place as the foundation of the Internet.

      It is time for them to take back ownership and control. It is time for a change.

      Community Points

      Community Points are the first step towards a better future for online communities. In order to be truly independent from platforms like Reddit, communities need to be owned by their members in ways that platforms cannot take away. With the advent of blockchain technology, we now have a way to establish this freedom in a decentralized and secure way.

      As blockchain tokens that are owned and controlled by communities themselves — not by any app or platform — Community Points represent a way for Redditors to own a piece of their favorite communities. They are earned by making contributions to the community, like creating content and moderating. They not only represent ownership and reputation within the community, but can also be used for community governance, moderation, and unlocking premium features. They can even be used in custom tools outside of Reddit and on other platforms.

      Most importantly, Community Points are a flexible tool that each community can shape to its needs. Each community has its own Points that it can customize with its own name, symbol, distribution rules, and uses. Every community has its own needs and we expect each to use Points differently and in novel ways that help take them to the next level.

    • Here you go

      The Future of Online Communities

      Communities are the lifeblood of the Internet. They are the places where magic happens online — where people meet others like themselves, think and talk about the same things, and laugh at the same jokes. From newsgroups and chatrooms and forums, communities have always been the centers of the Internet that draw people in.

      But online communities are much more limited than their counterparts in the real world. In the real world, communities are independent entities, free to choose where and how they hang out. No one tells them what to do or where to go.

      Today's online communities are not like this. They are trapped inside apps and platforms, where they do not have independence or control anything of value. This limitation makes them second-class citizens, unable to chart their own destiny on the Internet. It is time to put communities in their rightful place as the foundation of the Internet.

      It is time for them to take back ownership and control. It is time for a change.

      Community Points

      Community Points are the first step towards a better future for online communities. In order to be truly independent from platforms like Reddit, communities need to be owned by their members in ways that platforms cannot take away. With the advent of blockchain technology, we now have a way to establish this freedom in a decentralized and secure way.

      As blockchain tokens that are owned and controlled by communities themselves — not by any app or platform — Community Points represent a way for Redditors to own a piece of their favorite communities. They are earned by making contributions to the community, like creating content and moderating. They not only represent ownership and reputation within the community, but can also be used for community governance, moderation, and unlocking premium features. They can even be used in custom tools outside of Reddit and on other platforms.

      Most importantly, Community Points are a flexible tool that each community can shape to its needs. Each community has its own Points that it can customize with its own name, symbol, distribution rules, and uses. Every community has its own needs and we expect each to use Points differently and in novel ways that help take them to the next level.

    • Haha. I'm the same way. Refuse to give them any of my traffic as much as I feasibly can. I know I was a power user with an 11+ year account, and it means nothing in the larger scope...but it's the principle.

  • "It is time for them to take back ownership and control." Funny that this is coming from Reddit. Actually more like ironic.

  • That is absolutely hilarious. Yeah Reddit, I totally buy that you want internet communities to not depend on platforms like Reddit. This would be totally monetizeable for you, not that you care about monetization and not that monetization has proven to work at cross-purposes with making good internet websites/communities. And once you mentioned blockchain, well that's when I recognized the subliminal cues suggesting a well-thought-out proposal that positively impacts the world.

    EDIT: Ugh just saw that again, they just linked an old post, this one apparently from 2021. I don't think it changes things much insofar as they're presumably planning to replace awards with something and this proposal presumably describes it. But I already didn't see them successfully implementing the thing as written, and knowing now that it's from 2021 it just makes me more certain that whatever they roll out is unlikely to be exactly what's described here.

    I'd say knowing this was written two years ago makes the text less hilariously on-the-nose but that depends on whether they'd write something different today doesn't it, I'm not sure they wouldn't.

  • Community Points

    At least the way I see this going.

    $$$ ------ Reddit ------- Redditcoin -------- Community coin ------- Weighted polls in your favor.

    Did you see it? Where the money went? It doesn't go to the creator, it goes only to reddit, the person that posts on reddit only gets community points. Which can only be used for "Premium services like a reddit subscription"

    Think if twitch.tv basically took all the money you donated to a streamer and only gave the creator "exposure" for his hard work.

  • I'm sorry but this is some dystopian bullshit that's all centred on the false premise that communities are anything other than the people who choose to count themselves among them and engage in them.

    Reddit is just the tool some communities chose to use to gather their members and communicate. That's it. If a community decides that Reddit is no longer the appropriate tool for the job, they can leave and build their community elsewhere. That may be a bit of an oversimplification, given the resources and tools those communities might lose through the transition, but strictly speaking, Reddit can't do anything to stop the members of any particular subreddit going elsewhere, and a cryptocurrency absolutely is not going to fucking facilitate the ownership or mobility of a community.

    It's a bullshit form of control that they want their users to willingly bind themselves to. Suddenly you're not just participating in a community, but you're genuinely invested, tied to something with a perceived monetary value, that even if you can theoretically remove from Reddit and take elsewhere, won't have any more value than people choose to place on it, and won't represent the community that generated it in any meaningful way.

    It's literally "Hey, the more you use Reddit, the more of our crypto you'll earn, which could be worth more than zero one day! You better keep using Reddit, huh? You wouldn't want to lose that potential for more than zero eh? In fact, why don't you encourage more people to use Reddit too? Then they'll generate their own crypto, and the more people use our crypto, the more it'll be worth for everyone! See, if you get five more people to use Reddit, and those five people also get another five people each to use it etc etc etc..."

    The fuck out of here.

558 comments