Social media firm, X, has shared over $45 million to 150,000 content creators on the platform over the last seven months.
Formerly known as Twitter, which claimed to have been transparent in payouts, X said this was distributed through its advert revenue sharing programme launched in July 2023.
“Creator payouts did not exist on this platform before the Ads Rev Share programme. Creators keep all the revenue from creator subs after fees for the first $100K, then it is just 10 per cent to X and rest to creators.” At that time, many of the content creators, who received the payout, also took to the microblogging site to show their appreciation to Musk.
X said creators would also need to open a Stripe account, as it currently works with Stripe for payouts and is rolling out to its first batch of creators, who have already signed up for creator subscriptions.This is found in the side menu on iOS and Android, and the overflow menu on the web. Nigeria’s manufacturers and businesses struggling due to the lingering energy crisis may have more to worry about, as oil price, yesterday, soared to $87.16 per barrel.
Deputy Speaker of the House of Representatives, Benjamin Kalu, has intensified talks with President Bola Tinubu towards ensuring the release of the incarcerated leader of the Indigenous People of Biafra , Nnamdi Kanu, soon.
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