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Twitter working on in-app currency to help creators earn

It might be possible that Twitter would get a cut of revenue generated from coin purchases.

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San Francisco: Twitter is reportedly working to launch its in-app currency ‘Coins’, which will help creators to make money on the micro-blogging platform.

This new feature was spotted by app researchers Jane Manchun Wong and Nima Owji, who shared it on the micro-blogging platform on Tuesday.

The screenshot posted by both researchers mentioned, “Coins allow you to support creators who Tweet great content. Unused coins are kept in your balance.”

Wrong wrote, “Twitter is working on Coins purchasing screen.”

“Twitter is also working on a ‘Coins’ menu item that takes you to the purchase screen,” she added.

On the other hand, Owji said, “It seems to be an in-app currency to support the creators. I didn’t find anything that relates it to crypto currency.”

Owji had also mentioned last month that the company was working on ‘Coins’.

However, it is still unclear when the platform will launch this new in-app feature.

Meanwhile, Wong had earlier mentioned that the company was working on a new feature called ‘Tweet Awards.’

According to the image shared by Wong last week, users would be able to purchase gifts for one coin to 5,000 coins.

It might be possible that Twitter would get a cut of revenue generated from coin purchases.

This post was last modified on January 12, 2023 4:44 pm

Indo-Asian News Service

Indo-Asian News Service or IANS is a private Indian news agency. It was founded in 1986 by Indian American publisher Gopal Raju as the "India Abroad News Service" and later renamed. The service reports news, views and analysis from the subcontinent about the country, across a wide range of subjects.

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