Crypto News: After much anticipation, X, formerly Twitter, launched the ad revenue sharing for eligible creators globally. This means eligible creators will get a share of revenue from impressions of advertisements displayed in replies to content they post on the X platform. The developers said this is a part of X’s effort to help people earn a living directly on the newly rebranded platform.
Also Read: UK and Singapore Unite for Crypto Standards: The Next Big Leap for Digital Asset Regulation?
Meanwhile, the official Twitter handle of one of the top United States based crypto exchange asked the big question in the crypto market, about the option to receive payments in Bitcoin.
Creators with a minimum of 15 million impressions in last 3 months, at least 500 followers and the Blue verification subscription will be eligible for payouts. Meanwhile, X has declared financial technology company Stripe to be its payment processor for payouts. Earlier, CoinGape reported that the company launched a native fiat-to-crypto onramp service that enhances crypto purchasing experience for United States based customers. If and when the Elon Musk platform decides to roll out crypto payments, the on-ramp will be of huge help. However, there is no sign or plan from X developers about the launch of crypto coins based payments.
In reality, the crypto payments support has been available since as long as April 2022, when Stripe added support for cryptocurrency payouts to Twitter creators. While the debate of crypto payments launch on the social media platform has long been discussed, it is speculated that Dogecoin (DOGE) and Bitcoin (BTC) would be among the first batch of coins X supports. When Musk announced the Twitter rebranding efforts, Dogecoin price took an impressive jump over similar speculation.
Also Read: LUNC News: Community Stays Positive Ahead of the Onboarding of Top Web3 Builders
White House crypto czar David Sacks has shown his support for Donald Trump's nomination of…
Crypto firm Ripple has revealed that it is exploring new ways to use XRP within…
Kyrgyzstan has made a significant move in the adoption of digital finance. It has now…
Ripple-backed Evernorth's XRP treasury has grown to $1 billion just days after the company announced…
In fresh developments, the United States and China’s trade teams have commenced negotiations on the…
Polymarket has surpassed $20 billion in total trading volume and has confirmed plans to launch…