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Twitter Enables Monetization for Creators

Twitter Enables Monetization for Creators

Twitter users can now monetize their content via a new subscription service, allowing creators to charge followers a monthly fee for access to exclusive content. Twitter has partnered with Stripe to payout creators and will take a 3% cut up to $50,000, after which the revenue split drops to 80%. The feature is part of Tesla CEO Elon Musk’s ongoing effort to revamp the social media platform, which includes using artificial intelligence to detect and deter misinformation.

Adam Back Denies Being Bitcoin Creator, Claims No One Knows Satoshi Nakamoto's True Identity

Adam Back Denies Being Bitcoin Creator, Claims No One Knows Satoshi Nakamoto's True Identity

Adam Back clarifies that no one knows the Bitcoin creator and claims that Satoshi Nakamoto was a single person who programmed and coded Bitcoin.

NFT Royalties Fall Short in Web3 Ecosystem

NFT Royalties Fall Short in Web3 Ecosystem

Loss of creator royalties in the NFT space could be higher than estimated, with Bored Ape Yacht Club and Mutant Ape Yacht Club experiencing shortcomings of around $20 million. This points to previous estimates of $35 million likely being too small. Despite efforts to enforce creator royalties, Boris Pevzner, co-founder and CEO of LiveArt, says the current system is not working as it should, potentially causing artists to lose interest in the industry.

Twitter introduces content creator subscriptions

Twitter introduces content creator subscriptions

Twitter now allows content creators to monetize their posts through subscriptions, offering exclusive content to paying followers. Creators can keep 97% of revenue up to $50,000, with a revenue split of 80% after. Twitter has partnered with Stripe to process payments and will use AI to combat misinformation.

Craig S. Wright Explores 'Code is Law' Paradigm in Digital Governance Debate

Craig S. Wright Explores 'Code is Law' Paradigm in Digital Governance Debate

Dr. Craig Wright's blog post on "Open-Source Development" rekindles debate on "Code is Law" principle, emphasizing the need for a balanced approach balancing code precision with legal considerations.

Tech Mahindra Leverages IBM Blockchain For New Entertainment Royalties Platform

Tech Mahindra Leverages IBM Blockchain For New Entertainment Royalties Platform

Indian multinational tech company, Tech Mahindra has announced the launch of a blockchain-based platform aimed at preserving the rights of video content generated by content creators and producers.

Visa Rolls Out Creator Program to Empower Artists with NFTs

Visa Rolls Out Creator Program to Empower Artists with NFTs

Payment giant Visa has launched an initiative dubbed Visa Creator Program intended to help filmmakers, artists, fashion designers, and musicians revamp their businesses through non-fungible tokens (NFTs).

HK Legislative Council Member Advocates for Integrating Senior Economy with Web3

HK Legislative Council Member Advocates for Integrating Senior Economy with Web3

Johnny Ng discussed the senior economy's integration with the internet and Web3's potential to boost content creator earnings at the 2023 World Internet Conference, highlighting Hong Kong's growing interest.

How Blockchain Can Uphold Creators' Rights and Copyright Law

How Blockchain Can Uphold Creators' Rights and Copyright Law

Blockchain shows its versatility once again by becoming the perfect enforcer for copyright law, ensuring that authors receive their due credit and royalties.

Quora's Poe Secures $75M for AI Chatbot Expansion

Quora's Poe Secures $75M for AI Chatbot Expansion

Quora has secured $75 million from Andreessen Horowitz to expand Poe, its AI chat platform, focusing on creator monetization and integrating leading AI models like ChatGPT and DALL-E 3.

CreatorDAO Community Raises $20M in Seed Fund

CreatorDAO Community Raises $20M in Seed Fund

CreatorDAO, a decentralized autonomous organization, announced that it raised $20 million in a seed round led by Andreessen Horowitz and Initialized Capital.

Crypto Leaders Discuss Libra, China's CBDC and a Cashless Future at the Singapore Fintech Festival

Crypto Leaders Discuss Libra, China's CBDC and a Cashless Future at the Singapore Fintech Festival

A noteworthy panel followed on the topic of “defining the future of digital currency,” joined by Christian Catalini, co-creator of Libra and Head Economist of Calibra, Mu Changchun, Director-General of the Digital Currency Institute of the People’s Bank of China, HE Serey Chea, from the National Bank of Cambodia and Umar Farooq, Head of Blockchain at J.P. Morgan Chase & Co.

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