Elon Musk Unveils Subscription-Based mostly Monetisation Plan For Creators On Twitter

New Delhi: Twitter CEO Elon Musk on Thursday introduced that `Subscriptions` are actually enabled on the platform — a method for folks`s most engaged followers to assist them earn cash from Twitter for his or her contributions on the platform. A Twitter consumer Shibetoshi Nakamoto, the creator of the favored cryptocurrency Dogecoin, lately took to the platform to share a screenshot of Musk`s Twitter profile, displaying that the tech billionaire had subscribed to his account.

Together with the screenshot, Shibetoshi tweeted: “I don`t usually flex but today was a stressful day and I am giving myself a flex.” To which Musk replied: “We`re firing up creator subscriptions bigtime! Works for longform text, pics or video.”Based on his tweet, subscriptions will work for longform content material, photographs, and movies posted on Twitter.

Furthermore, in the identical tweet, a consumer commented, asking Musk: “Are you going to be firing up sharing ad revenue (like ads in videos) for creators? That would be big!” To which he replied: “We`re working on it. Twitter has a surprisingly complex codebase, so progress is slower than we`d like.” At the moment, folks within the US who meet the eligibility necessities can apply to take part within the Subscriptions programme, in accordance with Twitter`s Assist web page.

Subscriptions purchases are at present obtainable globally on Twitter for iOS and Android, in addition to on the net within the US, Canada, New Zealand, and Australia.