It appears Elon Musk’s Twitter is engaged on a brand new scheme to earn money from the platform. The service seems to be experimenting with an in-app forex referred to as “cash” meant to assist creators earn cash from the platform, in response to screenshots shared by two app researchers.
The characteristic has been noticed in current days by Jane Manchun Wong and Nima Owji, app researchers who typically publish photographs of unreleased options. In keeping with their posts, cash seem like an extension of Twitter’s present tipping characteristic. “Cash can help you help creators who Tweet nice content material,” reads a screenshot shared by Wong and Owji. A picture shared by Owji again confirmed a brand new “Cash” tab in the identical part the place customers can preserve monitor of their ideas.
For now, it’s unclear precisely what Twitter’s plans are for cash or when the characteristic may launch. The corporate, which not employs communications workers, didn’t instantly reply to a request for remark. However the screenshots recommend Twitter is no less than contemplating that includes cash prominently in its app as each Wong and Owji noticed it in the principle sidebar.
However cash will not be only for tipping. Wong additionally noticed an “Awards” characteristic, which permits individuals to make use of cash to purchase in-app items for others. In keeping with the picture shared by Wong, customers would have the ability to purchase items for as little as one coin (referred to as “Thoughts Blown”) or as a lot as 5000 (referred to as “Gold”). It’s not clear how a lot cash will price, although Twitter would presumably get a lower of income generated from coin purchases.
To this point, Elon Musk doesn’t appear to have publicly weighed in on cash or awards, however he has spoken broadly about wanting extra methods for creators to be rewarded. He’s that Twitter Blue income would probably “give Twitter a income stream to reward content material creators” “creator monetization for all types of content material” can be within the works.
It’s additionally value noting that regardless of the “cash’ moniker, the characteristic doesn’t appear to have any cryptocurrency tie-ins, no less than for now. “Twitter Coin remains to be underneath improvement and we do not even have any proof that it is one thing associated to crypto,” Owji . “Don’t let the scammers idiot you.”