Twitter Developing a new tool to monetize and support content creators on the platform. The new coin format will allow users to make donations and buy gifts, just like it works on other social networks.

Found this information Jane Manchun Wong i Nima OjiPersistent leakers of information about this app, who found a tab in the sidebar, and that it will be an extension of the drop feature “to support creators who tweet great content,” they say.

Coin on Twitter

This new feature is under development and it is not known when it will officially arrive or in which countries, but it will be called “Coins”.

In addition to being a form of direct support for content creators, the leak claims that the coins will be able to be used to purchase gifts for other users within the app. This function is called ‘results’.

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According to the shared data, the gifts will have a wide range of prices, will cost from one currency, the so-called mind confused to 5000, named Golden. However, it is not yet known how much each coin will be worth in real money and what the percentage distribution will be Twitter In these transactions.

Purchases will be made with this in-app currency stripwhich is a payment processing platform that accepts credit and debit cards, bank transfers, cash vouchers and cryptocurrencies, although the social network’s “coin” will have nothing to do with digital money.

“Twitter coin It is still in the development phase and we don’t even have proof that it is related to any cryptocurrency. You should not be deceived by scammers,” he said. Nima Ovji.

but Elon Musk So far, no official announcement has been made on this issue. However, they have said in the past that they are working on “creator monetization for all forms of content” and that they hope that with their subscription service, Twitter blueThey hope to “have a revenue stream to reward content creators.”

This coin format is very similar to other platforms reddit, who has Reddit Coins whereby users can send rewards to accounts dedicated to generating different and great content, or Super thanks from Youtubein which people voluntarily deposit money into their profiles.

Community Notes, a new Twitter feature

This is the information verification system on Twitter. It consists of adding a tweet to a “note” (hence the name) that provides additional data to the content originally contained in the tweet.

But then, many readers may wonder: who adds these notes? And it is that they are the users themselves, or as the social network tells them “Employees”. To become one of them, you need to register on Twitter.

According to the same official Community Notes account on the social network, the notes that appear on Twitter are not chosen by the majority. On the other hand, in order to be able to determine when a note is relevant, it must be classified as useful by several people and who also previously disagreed. This “prevents unilateral qualification”.

Notes with higher ratings have better visibility. Twitter insists that they don’t decide which notes to show, but users do. Therefore, “the more people who participate, the better this tool will be used globally.”

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