Reddit’s account holders have an opportunity to receive funds for their own creative projects. The service management plans to invest $1,000,000 in innovative proposals and ideas as part of the Community Funds Program.
In June, applications for the program will be open. To launch or implement their ideas, users will receive $1,000 to $50,000. Engadget states that the only conditions are that the project contributes to the content of a specific community, and there is a ban on promoting any third-party company or product.
It is not yet known whether residents of “sub-sanctioned” countries will be able to take part in the competition – the organizers promise to publish the full rules before the start of applications. Participation is claimed to be possible “Anyone from any part of the world”. Online conferences, discussions and festivals, short films, workshops, concerts, and concerts are all eligible projects.
This type of concept was first tested in October. The service’s website reports that 13 projects took part in pilot testing. These included a comic contest, a photo contest, and a music project.
Based on their excellence, the best projects will be chosen “Creativity and potential for impact on the community.”. Reddit has a lot of content, and some sections can be a bit too open-ended. There’s still plenty of room for anyone to create. In the weeks ahead, the platform will publish more detail information.