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Twitter working on in-app currency to help creators earn

A researcher said that the coins will allow the user to support creators who Tweet great content and unused coins will be kept in balance. The new coin feature will enable the creators to make money on the micro-blogging platform.

Reported By : IANS Edited By : Saumya Nigam
Noida
Updated on: January 12, 2023 18:45 IST
Twitter
Image Source : PIXABAY Twitter

Twitter is reportedly working to launch its new in-app currency 'Coins', which will enable the 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.

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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."

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"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 the developer Wong in the last week, users could 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.

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