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Why I am bullish on everything that is going on lately here? Spez, the CEO of Reddit just dropped this: "I would like subreddits to have the ability to be businesses... People on Reddit should be able to make a living and to generate wealth.

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by COINS NEWS 166 Views

I just want to share with you something interesting from the Co-Founder and CEO of Reddit Spez (Steve Huffman).

Here is the transcript or quote that was in particular interesting from a podcast on Reddit:

The business model for subreddits subscription, exclusive content and digital goods, real goods. I want money go from users to subreddits and users to other users, and money allocated by the subreddits by ever that you want. You can invest into subreddits, donate to charity, whatever you want. This year mission is to empowerment subreddits and the communality

People on Reddit should be able to make a living and to generate wealth on Reddit and that is economic empowerment. I think the energy is there, and you can see some work with the collectable avatars (NFT)...now we have real users that make money out of it, and I am really proud of that!

This actually tells you that Reddit is trying to go to this route and the proof of it was our recent Mainnet and listings that happened with two CEXs. If the main point is to give economic empowerment, what is stopping us to develop further our Moons and basically allow and ensure users to make a living out of it.

I like the sentiment of this, and I am curious to hear what your thoughts are on this?

submitted by /u/vjeva
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