Communication platform Twitter is intensifying its monetization focus by adding a new option that allows users to create paid Spaces events, providing another way to generate revenue from your efforts across the platform.
Twitter is preparing to launch a feature Tickets Spaces, and accordingly, it reviewed what users can expect when they host their first paid dialogue space.
Users in the United States can apply for paid live audio rooms starting within the next two weeks.
Anyone who wants to charge must have 1,000 followers, have hosted three live voice rooms in the last 30 days, and be at least 18 years old.
Twitter has partnered with Stripe to handle the payments, and it says users get 80 percent of the revenue after charging in-app purchases from Apple and Google.
Accordingly, if you sell a ticket for $ 10, Apple should receive a 30% commission, so that you and Twitter share the remaining $ 7.
Eighty percent of the rest goes to you, and 20 percent goes to Twitter, which says these payments cover the cost of Stripe’s transaction fees.
A Twitter spokesperson said: Initial requests, when opened, are processed in a few weeks, and the team plans to start with a small test group.
Although only US users will be able to host these live sound rooms for tickets for now, anyone worldwide can purchase access.
And Spaces has just started allowing anyone with more than 600 followers to host and add the ability to schedule an event, and the company says it’s working on shared Spaces as well.
This live voice function is among the many ways that Twitter announced that it helps its users generate income, and it is also planning the Super Follows feature, which allows people to pay for additional content, in addition to launching the communities feature.
Twitter may also offer a larger subscription product called Twitter Blue, which may allow people to pay for additional features, such as the ability to undo Tweets.
Although the Twitter product has been stagnant for years, the company issued a succession of consumer product ads in the past year, in an effort to diversify its revenue.
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