Elon Musk-owned social media platform X has doled out practically $20 million in funds to the content material creators on the app, CEO Linda Yaccarino knowledgeable in a put up on Friday.
In a put up informing about funds made to content material creators, “Create. Connect. Collect all on X. We’re enabling the financial success of latest segments like creators. And thus far we have paid out virtually $20 million to our creator neighborhood.”
How does X creator program work?
X’s advertisements income program presents eligible creators the chance to straight earn cash from the platform by receiving a portion of the advert income generated via their content material. Each time a consumer views an advert on their put up or profile, the platform generates income from that impression and a proportion of this income is shared with the creators. It is a approach for creators to monetize their presence on X and be rewarded for the worth they bring about to the platform via their content material.
In order to be eligible for incomes via X’s advertisements income program, creators want to fulfill sure standards. They have to be subscribed to X Blue (Twitter Blue) and have a minimal of 5 million impressions on their cumulative posts throughout the final 3 months and will have a minimal of 500 followers on the platform.
X (Twitter) to change into worthwhile by 2024:
Earlier, Linda Yaccrino had confirmed in an look at Vox Media’s Code Conference on Thursday that X may change into worthwhile by the beginning of 2024.
Speaking concerning the roadmap of profitability for X, Yaccarino mentioned, “Now that I have immersed myself in the business, and we have a good set of eyes on what is predictable, what’s coming is that it looks like in early ’24, we will be turning a profit,”
“Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!” Click right here!
Catch all of the Technology News and Updates on Live Mint.
Download The Mint News App to get Daily Market Updates & Live Business News.
More
Less
Updated: 30 Sep 2023, 06:48 AM IST