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Musk Announces Twitter’s New Subscription Function for Content Creators

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According to reports, Musk tweeted today encouraging content creators to provide subscription content to fans, covering various aspects such as long articles an

Musk Announces Twitters New Subscription Function for Content Creators

According to reports, Musk tweeted today encouraging content creators to provide subscription content to fans, covering various aspects such as long articles and long videos. They only need to turn on the monetization function in the settings to receive “rewards”. He stated that in the next 12 months, Twitter will not receive any content. Content creators will receive a “reward” for all amounts received on Twitter. If a user uses an iOS or Android system, they will receive a subscription fee of 70% (platform charges 30%), while if they use a web platform, they will receive a subscription fee of 92% (depending on the payment service provider used by the “reward”). After the first year, the fees charged by iOS and Android systems will be reduced to 15%, but Twitter will add a small amount of fees based on the amount of “reward”. Musk said Twitter will also help promote the content of creators. Their goal is to maximize the heat of creators. And at any time, creators can choose to leave the Twitter platform and take away the content they create.

Musk: Twitter won’t get a piece of the creator’s “reward fee” in the next 12 months

Elon Musk, Tesla CEO, announced the launch of Twitter’s new subscription function for content creators in a tweet. The feature will allow creators of long articles and videos to turn on monetization in their settings to receive rewards from their fans.

Twitter Offering Subscription Rewards to Content Creators

Twitter’s new subscription function is a way for content creators to earn rewards for the engaging content they create. When a user enables the monetization setting, they will receive a percentage of the total revenue earned. According to Musk’s tweet, Twitter will not keep any of the revenue earned in the next 12 months.

Subscription Fee Percentage Differ Based on Platform

The subscription rewards will differ based on which platform a user is accessing Twitter. iOS and Android users will receive a subscription fee of 70% after platform charges of 30%. In comparison, web platform users will receive a subscription fee of 92% based on the payment provider used for the reward.

Reduced Fees for iOS and Android Users After One Year

The fees charged to iOS and Android users will decrease from 30% to 15% after one year. However, Twitter will add a small amount of fees based on the reward amount.

Twitter Will Help Promote Creator Content

Twitter also aims to help promote the content created by creators to maximize their reach. This feature is a way for creators to generate revenue for their efforts while increasing their audience.

Leaving the Twitter Platform

Creators can opt to leave the Twitter platform and take away the content they create at any time. This option is invaluable for creators who want more control over their content’s distribution and monetization.

Conclusion

Twitter’s new subscription function is an excellent opportunity for content creators to earn rewards and generate revenue from their engaging content. With Twitter’s aim to maximize the creator’s heat, it will undoubtedly create an environment where content creation thrives.

Frequently Asked Questions

How much of the revenue earned will a creator receive?

After the platform charges, iOS and Android users will receive 70% of the revenue earned through Twitter’s subscription function. Web platform users will receive 92% of the revenue based on the payment provider used.

Will Twitter receive any of the revenue earned in the next 12 months?

No, according to Elon Musk’s tweet, Twitter will not receive any of the revenue earned in the first 12 months.

Can content creators leave the Twitter platform and take away the content they create?

Yes, creators have the option to leave the Twitter platform and take away the content they create at any time, giving creators more control over their content distribution and monetization.

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