{"id":596707,"date":"2023-01-12T05:49:29","date_gmt":"2023-01-12T11:49:29","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/01\/12\/twitter-could-launch-in-app-coins-to-help-creators-make-money\/"},"modified":"2023-01-12T05:49:29","modified_gmt":"2023-01-12T11:49:29","slug":"twitter-could-launch-in-app-coins-to-help-creators-make-money","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/01\/12\/twitter-could-launch-in-app-coins-to-help-creators-make-money\/","title":{"rendered":"Twitter could launch in-app \u2018coins\u2019 to help creators make money"},"content":{"rendered":"
\n

It seems Elon Musk\u2019s Twitter is working on a new scheme to make money from the platform. The service appears to be experimenting with an in-app currency called \u201ccoins\u201d meant to help creators earn money from the platform, according to screenshots shared by two app researchers.<\/p>\n

The feature has been spotted in recent days by Jane Manchun Wong<\/a> and Nima Owji<\/a>, app researchers who often publish images of unreleased features. According to their posts, coins appear to be an extension of Twitter\u2019s existing tipping feature. \u201cCoins allow you to support creators who Tweet great content,\u201d reads a screenshot shared by Wong and Owji. An image shared by Owji back in December<\/ins><\/a> showed a new \u201cCoins\u201d tab in the same section where users can keep track of their tips.<\/p>\n

For now, it\u2019s unclear exactly what Twitter\u2019s plans are for coins or when the feature could launch. The company, which no longer employs communications staff, didn\u2019t immediately respond to a request for comment. But the screenshots suggest Twitter is at least considering featuring coins prominently in its app as both Wong and Owji spotted it in the main sidebar.<\/p>\n

But coins may not be just for tipping. Wong also spotted an \u201cAwards\u201d feature, which allows people to use coins to buy in-app gifts for others. According to the image shared by Wong, users would be able to buy gifts for as little as one coin (called \u201cMind Blown\u201d) or as much as 5000 (called \u201cGold\u201d). It\u2019s not clear how much coins will cost, though Twitter would presumably get a cut of revenue generated from coin purchases.<\/p>\n

So far, Elon Musk doesn\u2019t seem to have publicly weighed in on coins or awards, but he has spoken broadly about wanting more ways for creators to be rewarded. He\u2019s said<\/ins><\/a> that Twitter Blue revenue would potentially \u201cgive Twitter a revenue stream to reward content creators\u201d and that<\/ins><\/a> \u201ccreator monetization for all forms of content\u201d is also in the works.<\/p>\n

It\u2019s also worth noting that despite the \u201ccoins\u2019 moniker, the feature doesn\u2019t seem to have any cryptocurrency tie-ins, at least for now. \u201cTwitter Coin is still under development and we don’t even have any evidence that it’s something related to crypto,\u201d Owji noted<\/ins><\/a>. \u201cDon\u2019t let the scammers fool you.\u201d<\/p>\n<\/div>\n

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\n Karissa Bell<\/p>\n","protected":false},"excerpt":{"rendered":"

It seems Elon Musk\u2019s Twitter is working on a new scheme to make money from the platform. The service appears to be experimenting with an in-app currency called \u201ccoins\u201d meant to help creators earn money from the platform, according to screenshots shared by two app researchers. The feature has been spotted in recent days by<\/p>\n","protected":false},"author":1,"featured_media":596708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3932,46,687],"tags":[],"class_list":{"0":"post-596707","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-launch","8":"category-technology","9":"category-twitter"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/596707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=596707"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/596707\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/596708"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=596707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=596707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=596707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}