Twitter (X) Introduces Ad Income Sharing for Creators Worldwide; Crypto Next?

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Summary: Twitter has implemented ad income sharing for qualified creators worldwide, offering compensation based on the number of times ads appear in responses to their content. Payments will be made to creators with a Blue verification subscription, 500 followers, and 15M impressions in the past three months. X has chosen Stripe for payments.

The long-awaited ad income sharing for qualified creators worldwide has now been implemented by X (Twitter). This implies that users who qualify will get compensation based on the number of times adverts appear in responses to their material on the X platform. The developers claim this is an initiative by the renamed platform X to make it easier for its users to make a life there.

Certain Requirements

Payments will be made to creators who have the Blue verification subscription, at least 500 followers, and 15 million impressions in the previous three months. Meanwhile, X has chosen Stripe, a provider of financial technology, to handle all of its payments.

Crypto Next?

The business reportedly introduced a native fiat-to-crypto onramp solution that improves the crypto buying process for consumers in the United States. The gateway will be very useful if and when Elon Musk’s platform begins accepting cryptocurrency payments. Unfortunately, X’s team have yet to announce any plans to support cryptocurrency-based transactions.

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However, Twitter creators have been allowed to receive crypto payments via Stripe as early as April 2022. Moreover, Dogecoin (DOGE) and Bitcoin (BTC) are anticipated to be among the first crypto X accepts. While the introduction of crypto payments on the social networking platform has been hotly debated for quite some time. Dogecoin’s value increased dramatically in comparison to prior projections after Musk revealed his Twitter rebranding attempts.

Siddharth Chaturvedi