#Table of Contents

According to reports, Musk tweeted today encouraging content creators to provide subscription content to fans, covering various aspects such as long articles and long videos. They only need to turn on the monetization function in the settings to receive “rewards”. He stated that in the next 12 months, Twitter will not receive any content. Content creators will receive a “reward” for all amounts received on Twitter. If a user uses an iOS or Android system, they will receive a subscription fee of 70% (platform charges 30%), while if they use a web platform, they will receive a subscription fee of 92% (depending on the payment service provider used by the “reward”). After the first year, the fees charged by iOS and Android systems will be reduced to 15%, but Twitter will add a small amount of fees based on the amount of “reward”. Musk said Twitter will also help promote the content of creators. Their goal is to maximize the heat of creators. And at any time, creators can choose to leave the Twitter platform and take away the content they create.

Musk: Twitter won’t get a piece of the creator’s “reward fee” in the next 12 months

1. Introduction
2. Twitter’s New Subscription Service for Content Creators
3. How to Turn on the Monetization Feature on Twitter
4. How Twitter’s Subscription Service Will Benefit Content Creators
5. Fees for Subscriptions on Twitter
6. Twitter’s Promotion of Content Creators
7. Creator Independence on Twitter
8. Conclusion
#Twitter’s New Subscription Service for Content Creators
Recently, reports suggest that Elon Musk, the CEO of SpaceX and Tesla, is encouraging content creators to embrace Twitter’s new subscription service. According to Musk, this service will allow content creators to monetize their content on Twitter, providing them with rewards for their work. This article will examine the new Twitter subscription service, how to activate the monetization function, its benefits for content creators, fees, Twitter promotion for content creators, and creator independence on Twitter.
#How to Turn on the Monetization Feature on Twitter
Firstly, turning on the monetization function on Twitter is a straightforward process. To do so, you need to have a Twitter account with at least 1000 followers, and your account must be at least three months old. You can then log into your account and navigate to the “Monetization” tab in the “Settings and Privacy” menu. Once there, simply turn on the monetization function, and you can start to collect “rewards” for your content.
#How Twitter’s Subscription Service Will Benefit Content Creators
Twitter’s subscription service will have numerous benefits for content creators. Firstly, it will allow them to monetize their content, providing a source of income for their work. Additionally, a subscription service will allow creators to build a more loyal following, with subscribers providing consistent income. Moreover, content creators will be able to create long videos and articles, removing any restriction on the length of their content.
#Fees for Subscriptions on Twitter
Creators using Twitter’s new subscription service on iOS or Android will be charged a 30% fee, while they will receive a 70% subscription fee. However, creators who use a web platform will receive a 92% subscription fee depending on the payment service provider used by the “reward.” After the first year, the fees charged by iOS and Android systems will be reduced to 15%, but Twitter will add a small amount of fees based on the amount of “reward.”
#Twitter’s Promotion of Content Creators
Twitter has also stated that it will promote the content of creators using its subscription service. This statement is a significant benefit for content creators as they will gain wider exposure, increase their following and improve their chances of monetizing their content. Twitter will help by vigorously promoting the content creators’ content on the platform.
#Creator Independence on Twitter
Finally, an essential feature of the Twitter subscription service is the independence it gives to content creators. Creators can choose to leave the platform at any time and take their content with them. This aspect of the service is crucial as it ensures the creator is allowed to continue building their brand without being tied to a social media platform.
#Conclusion
In conclusion, Twitter’s new subscription service for content creators is a significant development that is set to change the social media industry. This innovation in the monetization of content is sure to be welcomed by content creators who have been frustrated by the limitations of monetizing their content on social media platforms. Content creators can now make money on a previously untapped revenue stream, thus improving the quality and quantity of content for users. Moreover, Twitter’s promotion of creators’ content has the potential to boost their reach, leading to increased following and monetization.
#FAQs
1. Can I use Twitter’s new subscription service if I don’t have 1,000 followers?
No, you cannot use the subscription service if you don’t have 1,000 followers on your Twitter account.
2. Will Twitter take a percentage of the “rewards” that a content creator earns?
Yes, Twitter will take a percentage of the earnings that a content creator receives, but the amount decreases after the first year.
3. Can content creators leave the platform with their content?
Yes, content creators can leave the platform with their content, giving them full independence on their content.