Reddit Will Spend 1 Million On Its Community Funds Program
“Beginning in June, we will invite communities to submit ideas for projects, events, contests, giving, almost anything you can think of to bring people together for inspiration and delight,” Reddit said (via The Verge). Reddit is somewhat late to the party, given that creator funding programs already exist on platforms like Snap, Facebook, TikTok, YouTube, etc. Reddit’s pledge of $1 million is also relatively low considering Facebook’s billion-dollar creator funding. So while Reddit may be relatively new to creator funding, it has shown tremendous success with its community programs....