SAN FRANCISCO, CA — The social media behemoth X, formerly known as Twitter, is undergoing big changes as the platform introduces new services and now allows authors to profit fromits ad revenue tool.
With approximately 397 million users, the microblogging network is competing with various apps, including Threads by Meta, and in its newest bid to entice users, Meta announced a monetisation program.
In a blog post, the business stated that digital authors’ share of advertising revenue would be determined by monthly impressions and the calculation of replies to their tweets. Elon Musk, the company’s owner and billionaire entrepreneur, released an update, stating that payouts were not based just on impressions but were computed using a proprietary metric based on adverts.
Read more : Twitter Rebrands with New ‘X’ Logo, Removing Iconic Blue Bird Symbol
X has stated that it wishes to be the best location on the internet to earn a career as a creator, and this is the first step in rewarding you for other people’s work.
Meanwhile, users around the world will have to wait until they can earn money from the program because the revenue system is only available in areas where Stripe, a payment provider, permits payouts, and artists must pay for Twitter Blue.
Despite the anticipation, Elon Musk’s detractors are skeptical, with tech experts labeling it a publicity scam.
On the other side, numerous top users, including Andrew Tate, reported receiving rewards.
Twitter CEO Musk is continuing to move forward with his vision for everything app, which he renamed X, so that Twitterati can chat, purchase, have fun and mingle, and make online payments following the new adjustments.
Musk wants X to be fully functional on the app, making it usable and useful in daily life. The goal for the makeover is not new for the world’s richest person, who has long sought to create an all-in-one financial platform.
According to recent media reports, consumers can book online lessons, pay bills, and get groceries in addition to having a wide range of capabilities available on other apps. Users, like Meta applications, will soon be able to make audio and video calls on the platform.
Gaming streaming platforms will be accessible shortly, and singles will be pleased to learn that the app includes dating capabilities. This is not the end, since the social media app with hundreds of millions of users, like YouTube and Facebook, can sell their material to make money.
