There won’t be a rejection rate as they’re removing reviews. Authors will be approved and then tyre free to uplod what they want after having proved themselves via an initial review.
But yes, the amount of authors who get approved will be a lot less than the amount who get rejected. And rightly so… the whole point of the test was that it proved that a lower amount of high quality items does a lot better than a massive amount of varying quality.
This may be a bad thing for people who didn’t have top quality items, but how many sales were they making? I’ve seen some where the RPI per image over an entire portfolio, is less than $0.50 per year. Once you’ve taken into account the time to review the image and the costs involved when it comes to uploading, marketing and hosting it… Envato would barely cover costs, so something had to be done.