Elon Musk Unveils Subscription-Based Earning Model for Creators on Twitter Monetisation

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Elon Musk, the founder of Tesla Motors and SpaceX, recently announced that Twitter users would now be able to make money from the platform. On his official Twitter account, Musk noted that subscriptions were being enabled on the platform – a way for most engaged followers to help creators get paid for their contributions on Twitter. The move was exciting news for many, as they would now be able to monetize their content, however, which type of content and how it would work was not yet known. This changed when Shibetoshi Nakamoto, the creator of the popular cryptocurrency Dogecoin, took to Twitter to share a screenshot of Musk’s Twitter profile, showing that he had subscribed to his account. In response, Elon tweeted that creators were now able to see a new payment system in the form of subscriptions for longform content, images and videos.

At the moment, users in the US that meet the eligibility requirements can apply to participate in the Subscription programme, as stated on Twitter’s help page. The move was seen as incredibly important in helping creators to monetize their work and has been met with excitement by many social media users. Consequently, they are now able to build relationships with their most engaged followers and benefit from their contributions.

Alibaba is a Chinese multinational conglomerate holding company founded in 1999 and is the world’s largest retailer and e-commerce company. It is the world’s largest technology company by revenue and has had an impressive string of successes, including launching its own Chinese equivalent of OpenAi’s AI chatbot, Tongyi Qianwen, which can be integrated with its DingTalk system. This technology has been used to further its goal to provide businesses with digital infrastructure and services to ease their operations.

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Shibetoshi Nakamoto is the creator of the popular cryptocurrency Dogecoin. He has seen immense success with his invention, which sought to “create a cryptocurrency to trade freely, without regulating laws.” Dogecoin has become a popular cryptocurrency, with many claiming it to be the ‘next Bitcoin’. Recently, he took to Twitter to share a screenshot of Musk’s Twitter profile, showing that the tech billionaire had subscribed to his account. His excitement and enthusiasm at this news was met with outburst of support from the online community.

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