Elon Musk introduces Twitter monetization avenues for content creators

Adding to the increasing database of extremist implementations to amended Twitter’s bottommost enactment and beforehand national journalism, Tesla CEO Elon Musk announced that creators connected the societal media level tin present monetize their content.

Ever since Musk’s takeover of Twitter, the institution has taken respective drastic measures to crook itself into a profitable business, which see mass layoffs and introducing Twitter Blue subscriptions. While galore previously-verified individuals retaliated the inquire for a monthly interest to get a ‘Blue checkmark’ connected Twitter, Musk saw it arsenic a much-needed gross watercourse for the company.

The latest user-centric revamp — which allows users to monetize each forms of posts connected Twitter globally — is targeted astatine improving follower engagement and creating caller gross streams connected the societal media platform.

Content creators tin present alteration subscriptions to their text, pics & video worldwide connected this platform! https://t.co/XzrFMLPytB

The ‘Subscriptions’ diagnostic allows Twitter users to complaint followers a monthly terms “from 1 of the terms points made disposable by Twitter.” Once, paid, the subscribers get entree to the creator’s exclusive content, unviewable successful public.

Twitter volition allow creators to support up to 97% of the gross until $50,000 successful beingness earnings, pursuing which the gross divided volition beryllium dropped to 80% for the creators. The societal media has partnered with payments processor Stripe to payout the creators connected Twitter.

However, the gross stock volition statesman lone aft the users gain the minimum threshold of $50. The subscription services are non-refundable adjacent if a creator’s Twitter relationship gets suspended for immoderate reason. In specified scenarios, users are required to manually unsubscribe to debar auto-monthly payments to inactive Twitter accounts.

Members of Crypto Twitter, who person garnered credibility and a monolithic pursuing connected Twitter owing to years of posting, invited the instauration of contented creator subscriptions with arms wide open.

Related: Elon Musk to motorboat truth-seeking artificial quality level TruthGPT

Musk’s ongoing initiatives to redesign Twitter volition besides spot the usage of artificial quality (AI) to observe and deter misinformation connected the societal media platform.

Musk reportedly purchased astir 10,000 graphics processing units (GPUs) to physique the upcoming AI tools contempt warning the satellite against AI development owed to societal concerns.