Reddit Introduces Contributor Program to Monetize Karma and Gold

Reddit has launched a new contributor program that allows users in the United States to convert their Reddit karma and gold into real money. This feature, limited to users over 18 who have verified their identity, enables the monetization of safe for work posts. Users can withdraw their earnings if they accumulate at least 10 gold within a 30-day period. The amount earned per gold ranges from $0.90 to $1, depending on the user’s karma score. While similar monetization programs have raised concerns about spamming, Reddit aims to streamline the process by simplifying its gold award system. The revamped payment programs arrive amid controversy over API changes that have affected third-party app developers.