The social media wars might have cooled down somewhat with the souring fortunes of the parent companies but they’re still as competitive as ever.
And while Twitter hasn’t made the headlines lately because of its aggressive moves to court new users (instead courting controversy more than anything else), this latest possible move might indicate that the blue bird is still in the game.
As you might recall if you’ve kept up with this blog, social media platforms are trying to make it easier than ever for people to make money off of their content. Twitter is possibly joining this movement by including coins – a platform-centric currency that can be cashed out for real-world money.
PetaPixel reports that the feature was discovered by app researchers Nima Owji and Jane Manchin Wong. Similar to coins on other platforms, the currency is tied in with Twitter developing awards feature. The website further tells us that coins can be purchased via Stripe but it is unclear how they will be exchanged for real-world currency, if at all, and what exactly this feature unlocks in terms of perks. That said, the Internet pretty much assumes, and not unjustly so, that the coins feature Twitter is developing will be similar to other creator incentives on competing platforms.
Ownership drama or not, Twitter is somewhat new to the photography game compared to Instagram and Tiktok. We remember when it was a big deal that Twitter was making more photographer-friendly features standard on the platform. It would be great to add creator monetization options to that archive of headlines.
Have you ever attempted to monetize your work via social media? Let us know about your experience in the comments.
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