I just install Reddit official app to see watch they offer. And holy cow. They are selling NFT-like stuff.

Instead make a better app, they give use this.

  • Flying Squid@lemmy.world
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    1 year ago

    I never knew about this and, as others said, they may have been doing this for a while, but I’d say OP still has a point when they said:

    Instead make a better app, they give use this.

    This is the sort of thing they work on instead of their shit app. They’ve had years to improve that app. Longer than NFTs.

    • Reddit_Is_Trash@reddthat.com
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      1 year ago

      They want everyone to use their shitty app so yours forced to see the avatars of other posters, thus subliminally making you want an avatar to “fit in”

      When I used infinity all you saw was the username of who made a post or comment, and the content they posted itself. You don’t need avatars for reddit, its an anonymous website(for now)

          • kautau@lemmy.world
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            1 year ago

            Well yeah, like I said, they (read: spez and tencent) are pursuing quarterly rapid growth over viable long term solutions. But instead they are burning their business

    • kautau@lemmy.world
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      1 year ago

      So many companies do this. Attempting to get quick sales boosts quarter by quarter while avoiding doing anything sustainable because it doesn’t generate instant profit. It’s one of the worst effects of the investor-first way of doing business

    • GunnarRunnar@kbin.social
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      1 year ago

      Kinda don’t see what the big deal is. Probably best use for “unique” goods. Dunno if they use blockchain because as I’ve understood it that’s just a resource hog.

      But selling users unique avatars? Don’t see the appeal and they are fugly and seem dumb but like that’s so inoffensive nothing burger.

      • Destragras@kbin.social
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        1 year ago

        The avatars also have a visual effect to them next to comments.

        I think people don’t like this at all not just because NFTs bad, but also because it changes reddit more and more from the website it used to be for commenting on articles & images into crypto social media.

        • Baŝto@discuss.tchncs.de
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          1 year ago

          I can’t confirm the visual effect, never saw that on the website. But all NFTs have a hexagonal form, whereas normal avatars have a circle.

      • Anemia@lemmy.world
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        1 year ago

        Jesus christ, having such an avatar would make me delete my account in shame. Especially if it also told people that i was into nfts at the same time.

  • fiat_lux@kbin.social
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    1 year ago

    My theory is Musk is trying to bankrupt Twitter quickly so he can minimise his losses, after his impulsive ego finally had some consequences. I think Huffman thinks Musk is a genius and is trying to emulate him by pivoting into crypto, to create his own PayPal style pay day.

    I also don’t think he’s going to be able to create the perpetual motion money machine he’s expecting, but it’s not like he’s going to go personally bankrupt trying. Graphic artists are a cheap labor business expense compared to the potential gain, and at worst you get your own marketplace out of it.

    It would be easy enough to launder cash through such a system that he’ll probably make more money than most will ever own in their lifetime. Even if 99% of it is only ever traded for less than a dollar.

    The question I have is whether he’s competent to keep enough users for a long enough time to buy a personal fortified island or just a personal apocalypse fort.

  • pancakes@sh.itjust.works
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    1 year ago

    If you don’t think of it in the context of Reddit’s bullshit, the idea of having special avatars that you have to pay for as a form of monetization isn’t the worst thing imo. As long as it doesn’t negatively affect users and isn’t on top of other predatory forms of monetization.