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Twitter is reportedly working on a new feature called “Coins” which will allow users to monetize their content on the platform. According to reports, the feature is still in the early stages of development and it is not yet clear how it will work or when it will be released.
The introduction of Coins is seen as part of Twitter’s and Elon Musk’s broader effort to move towards content monetization. The platform has traditionally been focused on advertising revenue, but it is now looking at other ways to generate income, including paid subscriptions for premium features.
The code chances were spotted by a twitter user who tracks code changes to figure out upcoming features.
Coins seem to be another way of MONETIZATION on Twitter! I think that people will be able to tip someone using coins! https://t.co/v6ZWTdlMVY
— Nima Owji (@nima_owji) December 4, 2022
One potential use for Coins could be to allow users to charge for access to their tweets or other content. This could include paid DMs, where users can send direct messages to each other for a fee. It is also possible that Twitter will allow users to tip each other using Coins, as a way to support and reward high-quality content.
The introduction of Coins is likely to be welcomed by many Twitter users, who have long been asking for more ways to monetize their content on the platform. It will also provide a new revenue stream for Twitter, which has struggled to grow its advertising revenue in recent years.
Overall, the development of Coins is a significant step for Twitter as it moves towards content monetization. It remains to be seen how the feature will be implemented and how it will be received by users, but it has the potential to significantly change the way that people use and engage with the platform.
This could also help Twitter to get one over Apple and not pay 30% AppStore fees for in-app purchases and transactions. This could be a big win for Twitter and its users if it works out.
What do you think about Twitter Coins? Let us know in the comments below.
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Live Follower Count
Net Worth 🥈
~198.4 Billions
As of: 2024-05-04 08:12
Live Follower Count
Net Worth 🥈
~198.4 Billions
As of: 2024-05-04 08:12
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