Elon Musk is expanding his Twitter monetization system. According to the statement from the manager of the social media giant, Twitter users will start earning money through subscription. This; means that photos, videos or tweets can be shared privately to subscribers.
It is possible to earn money with a subscription on Twitter
Twitter has launched a new initiative that will allow creators to monetize their posts on the platform. The latest subscription service focuses on user-centric improvements. Twitter users will be able to subscribe to accounts by choosing one of the price ranges determined by the company.
Content creators can now enable subscriptions to their text, pics & video worldwide on this platform! https://t.co/XzrFMLPytB
— Elon Musk (@elonmusk) April 28, 2023
People who subscribe to a user will gain access to the creator’s exclusive content. It should be noted that this content can be tweets, photos or videos. Elon Musk announced that the feature is now active all over the world.
Twitter has partnered with Stripe for payments on the platform. Account holders, who will start making money from $50, will receive up to 97 percent payouts on revenues up to $50,000. In addition, subscription services are non-refundable and will be automatically renewed on a monthly basis.
The introduction of this feature actually follows the paid Blue service. Musk said that Blue and ads will be an important source of income for the company.
On the other hand, Twitter founder Jack Dorsey launched his new Twitter-like application last month. Bluesky, which can be entered with an invitation code, has reached a remarkable number of downloads on iPhone. The latest report showed that Bluesky has been downloaded by more than 245,000 iPhone users.
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