this post was submitted on 13 Jul 2023
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[–] lazycouchpotato@lemmy.world 84 points 1 year ago (3 children)

I found Reddit Gold and Discord Nitro's gifting systems to be smart ways of monetization.

There are people who, despite what you try, cannot or will not pay you. Gifting allows you to keep the people that positively contribute on your platform while still earning money from elsewhere.

Amazing how swiftly they're progressing with their enshittification. Makes me re-think all those 9 years spent there.

[–] Corkyskog@sh.itjust.works 15 points 1 year ago

Dont worry... They are replacing this with almost direct monetary contributions.

There was a leak about how contributors will be able to earn money from updoots.

[–] TechnoBabble@lemm.ee 4 points 1 year ago

I agree, the "award" systems, are one of the least offensive monetization strategies I've seen.

Keep in mind that awards don't have to behave like Reddit and Discord have implement them. I'm sure there's room to innovate in a community focused manner.

Reddit however, has decided that they need to crush everything and go full Silicon Valley vampire in order to squeeze a lifetime of upper class earnings into a get rich quick payout scheme.