In an activation called 'The Great Reddit Caper', Ally Financial became the first official bank to accept Reddit Gold, offering back Argentium (a super-high value currency worth 40x Gold) in return. Creating a history-making 'gilding' frenzy for the platform.
The 'bank' manifested as a simple
Promoted Post, propositioning Redditors to make their Reddit Gold 'work smarter at Ally' - a nod to Ally’s latest campaign - by simply gilding Ally’s post with Gold, immediately receiving Argentium in return.
The result: 'Ally’s Great Reddit Caper' is already the most Gold-awarded Promoted Post in Reddit’s history, smashing the previous record 40-fold in just three days. And it was the most Gold-awarded post outright on Reddit in all of 2020. Redditors, notoriously allergic to brand involvement and advertisements, surprisingly rallied around the activation in droves – calling Ally everything from 'Reddit Jesus' to 'marketing geniuses'.
Reddit, for non-Redditors, is a platform built on community and reputation, often called 'the front page of The Internet.'
The caper is the result of a collaboration between Ally, R/GA, MediaCom and Ally’s PR partner, Tier One. It has got the halls of Reddit buzzing with excitement for what’s next from the digital banking pioneer.