Fun

News Feed - 2023-08-07 07:08:00

Prashant Jha13 hours agoElon Musk rebrands Twitter Blue subscription services to X PremiumThe Blue subscription was launched as a way for users to buy the blue checkmark for their profile but later evolved to share ad revenue as well.12200 Total views6 Total sharesListen to article 0:00NewsJoin us on social networksAfter a major rebranding of the popular social media platform Twitter to X, Elon Musk has now rebranded the popular Twitter Blue subscription services to X Premium.


The X Premium subscription services come with an ad revenue sharing model that will make all eligible X Premium subscribers eligible for a share of the ad revenue based on their engagement on the platform.


Only those X Premium subscribers will be eligible for ad revenue who receive at least 15 million total impressions on their posts in the last three months, have at least 500 followers, and must be at least 18 years old. Musk also notified that all ad revenue generated from non-subscribers will be kept by the platform.To be eligible for your ad revenue share, you must be an X Premium (Blue) subscriber.

The ad money will otherwise be kept by X if you are not an X Premium (Blue) subscriber.

This program is open to everyone.— Elon Musk (@elonmusk) August 5, 2023


X started sharing ad revenue in a surprise move last month where many Twitter users reported receiving their share of the revenue. On July 28, the ad revenue feature went live for all Blue subscribers. In a Twitter conversation, Musk noted that the revenue will be determined from the time he first promised it in February.Twitter just paid me almost $25,000. pic.twitter.com/oIJ2Ycymzb— Brian Krassenstein (@krassenstein) July 13, 2023


The ad revenue is shared based on advertisements posted in the comments of the user tweet replies. This format is quite similar to TikTok where instead of posting ads on the main feed, the platform usually posts them in the comments. Thus both X and TikTok incentivize users with more comments and reply activities under their posts.


Related:X will foot legal bills of users unfairly treated by employers for posting or liking content — Elon Musk


However, within a week, the X support account notified that it has been overwhelmed by the number of premium subscribers and thus might take some time to review and pay out eligible accounts.The number of people signing up for ads revenue sharing has exceeded our expectations. We need a bit more time to review everything for the next payout and aim to get all eligible accounts paid as soon as possible.

Thank you for your patience!https://t.co/5n4lo5H2yf— Support (@Support) August 5, 2023


Musk has been very vocal about making X into an “everything app.” Just weeks after his takeover, Musk launched a Twitter Blue subscription that allowed users to buy blue tick verification marks from Twitter, with the product later evolving into a premium service that made way for subscribers to earn a portion of the ad revenue.


Magazine:How smart people invest in dumb memecoins — 3-point plan for success# Twitter# Business# Finance# Elon MuskAdd reactionAdd reactionRelated NewsWho invented NFTs?: A brief history of nonfungible tokensWorldcoin: Should you let Sam Altman scan your eyeballs for WLD?Ensuring integrity of blockchain transactions: Trust through auditsTwitter bids adieu to Bluebird as Elon Musk rebrands platform to XElon Musk says X will offer an ‘entire financial world’ in the coming monthsTwitter Community Notes hits 44 countries as Elon Musk seeks ‘truth’ for X

News Feed

Algoracle Announces $1․5 Million Seed Round
Algoracle Announces $1․5 Million Seed Round press release PRESS RELEASE.Algoracle has recently announced the close of its seed round for $1.5 million (USD) to help accelerate the
Jesse Coghlan55 minutes agoBTC bull market began in March, more will realize in a year — Arthur HayesThe BitMEX co-founder says Bitcoin has been on a bull run since the Fed’s $25 billion dollar program aimed at stabi
Monopoly Millionaire Game Raised $1 Million in Seed Funding
Monopoly Millionaire Game Raised $1 Million in Seed Funding press release PRESS RELEASE.Monopoly Millionaire Game, a marine-themed GameFi that involves island construction, cultivat
Noise.cash: Social Microblogging App Fueled by Bitcoin Cash Tips Gathers Traction
Noise.cash: Social Microblogging App Fueled by Bitcoin Cash Tips Gathers Traction For quite some time now, bitcoin cash users have been leveraging the web portal
Economist and Political Scientist Refute Claims of US Dollar’s Demise Despite Trend of De-Dollarization News
Economist and Political Scientist Refute Claims of US Dollar"s Demise Despite Trend of De-Dollarization News This year, there has been a flurry of news reports and opinion editoria
$1.87B Bitcoin Withdrawals From Coinbase In 24H – What This Means To Price
Este artículo también está disponible en español. Bitcoin has been consolidating below the $100,000 level for twelve consecutive days, marking a pause in its recent histo
The NBA’s Cleveland Cavaliers to Collaborate With Blockchain Firm Socios.com
The NBA"s Cleveland Cavaliers to Collaborate With Blockchain Firm Socios.com Following the announcement from the National Basketball Association’s (NBA) Bo
Global Exchange LBank Starts off Brand Update Month With Logo Reveal and Diversity Video
Global Exchange LBank Starts off Brand Update Month With Logo Reveal and Diversity Video press release PRESS RELEASE.INTERNET CITY, DUBAI, Sep. 30, 2022 – Global crypto excha
Robinhood Testing New Crypto Wallet and Cryptocurrency Transfer Features: Report
Robinhood Testing New Crypto Wallet and Cryptocurrency Transfer Features: Report Stock trading and investing app Robinhood has reportedly been testing new features, including a cry
Changpeng Zhao teases writing project ahead of reporting to prison
Turner Wright1 hour agoChangpeng Zhao teases writing project ahead of reporting to prisonOn April 30, a judge sentenced the former Binance CEO to four months in federal prison but did not set a reporting date at his hear
Ukraine Asks Crypto Exchanges to Freeze Accounts of All Russian Users — Major Exchanges Deny Request
Ukraine Asks Crypto Exchanges to Freeze Accounts of All Russian Users — Major Exchanges Deny Request The vice prime minister of Ukraine has asked all major cryptocurrency exchang
Marcel Pechman5 hours agoHere’s how Bitcoin investors can trade the tension surrounding a U.S. government shutdownRumors of a US government shutdown impact asset prices, including Bitcoin. Here’s how BTC options trad