Turning Internet Fame into Cash: An Inside Look at Reddit’s New Contributor Program

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Mon September 25, 2023Fri September 29, 2023By techdigestdaily.com
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Turning Internet Fame into Cash: An Inside Look at Reddit’s New Contributor Program

Reddit Launches Contributor Program to Convert Internet Points into Real Money

Key Highlights

  • Reddit, everyone’s favorite time-killing black hole, launched a novel contributor program on Monday that turns your internet coolness into tangible, spendable cash.
  • This program allows eligible users to cash in their Reddit Gold, previously thought to be as valuable as wizard currency, and Karma, Reddit’s version of an online popularity contest.
  • The converted “crypto-currency-but-not-really” will be dispensed to users once a month, which may just cover your monthly caffeine needs or contribute to your “save the pandas” fund.
  • The catch? This exciting step towards monetizing internet fame is, at present, only available to users in certain limited areas (the specifics of which Reddit mysteriously decided to keep under wraps).

My Take

In a world where our likes, shares, and comments on social media could practically make or break an aspiring online influencer’s career, Reddit’s ground-breaking move to materialize virtual props to physical bucks is an absolute game-changer. Of course, the real question here isn’t “is this a good idea”, but rather “how long until other social media platforms follow suit?”

If this news has you frantically Googling how to up your Reddit game for some extra cash, take a pause! It’s worth noting that as alluring as the prospect sounds of cashing in on a viral cat GIF might be, this is currently only an option for Reddit users in certain regions. Alas, the majority of us will have to continue our pointless internet debates and dank meme sharing without monetary compensation.

One thing is for sure, this new way of recognizing internet warriors will make you think twice about that “worthless” internet point you dismissed before. After all, one man’s Reddit Gold is another man’s grocery money! Who knew your opinion on whether pineapple goes on pizza could potentially help pay the bills!

Original Article: https://techcrunch.com/2023/09/25/reddit-will-start-paying-you-real-money-for-your-karma/