It’s indisputable they failed to think this through, but did Reddit make any money off the attempt alone?

Is this entire switch to blockchain and then abruptly stopping it a net loss, or a minor, short-term net gain?

Serious question, because while I have a general understanding of what blockchain is, the whole who benefits/who loses and how that happens thing has become far too complex for me to really follow, so I’m hoping someone here can tell me.

Also, they didn’t shut it ALL down, apparently there are still some rubes to be fleeced via blockchain:

Notably, Reddit’s NFT marketplace was not targeted for closure.

So. Net loss? Net gain? Neutral? What’s your best guess, and why?