Image Courtesy: American News Times
Twitter said on Tuesday that it will accept applications from people who want to be among the first to test new content subscription and ticketing services, as the social platform tries to develop additional ways for users to earn money.
Users on Twitter may apply for early access to “Super Follows,” which will allow them to offer exclusive material to paying subscribers, and “Ticketed Spaces,” which will allow them to charge for entrance into audio chat rooms they host on the network. Both capabilities are part of Twitter’s strategy to compete with other social media firms for the attention of more important content providers by allowing them to earn money from their follower bases.
Users must have at least 10,000 Twitter followers to be eligible for Super Follows and at least 1,000 followers to be eligible for early access to Ticketed Spaces. According to Esther Crawford, senior product manager at Twitter, the company’s goal is to pick “a varied mix of voices” from the applications.
In order to assist up-and-coming artists earn more money at the outset, Twitter will take a 3% share of a creator’s revenue until the user reaches $50,000 (approximately Rs. 37 lakhs) in profits, after which Twitter will keep 20%.
Crawford went on to say that while people who apply for the features would be prioritized, businesses, publications, and charitable organizations with a large following on Twitter will also be considered.