My question is why would you want to do that? You're just going to come against the same issues and problems that Reddit has, especially if you want to achieve anything close to Reddit's scale. You'll need staff, money, legal and tech folks (not cheap). And to get the funds, you'll prob have to make the same decisions about ads and API fees. You could pull off something smaller, maybe by being distributed or whatnot,…
Reddit used to have pretty low overhead. You couldn't upload/host videos directly on Reddit, you could only share links or create self-posts. They didn't have all these superfluous features that they have now like live chat, push notifications, cryptocurrency wallets, first-party mobile apps, etc. A "classical" version of Reddit would be a fraction of the development and hosting cost compared to modern Reddit, especi…
They can't really push for advertising until they eliminate 3rd party API access to the content. That or they have to start charging a usage fee.
Which is interesting. One option they do have is to charge the user for using Reddit via an API, not the apps using the API. If you want to access Reddit via a 3rd party app then you'll have to pay for it - say something on the order of $1.99 per month or $19.99 for the year. I imagine they must have explored that option, so it makes me wonder why they abandoned it.