there’s no stopping Twitter’s push to finally monetize its social network, albeit it remains to be seen how successful these attempts will really be. It kicked things off earlier this month with the launch of the much-rumored Twitter Blue subscription that gives features, both wanted and unwanted, for a price. Twitter is now accepting applications for its more exclusive Super Follows and Ticketed Spaces, but the fine print may very well discourage some creators and publishers from fully jumping aboard.
Ticket Spaces is just about an extension of Twitter’s audio-only Spaces feature designed to directly rival the likes of Clubhouse. Twitter, however, came up with something that not even Clubhouse has, a minimum of or now. While Clubhouse and Instagram’s new Live Room lets users tip creators, Ticketed Spaces allows advance ticket sales which will make an occasion feel even more special due to its exclusivity.
The criteria for eligibility during this program are a touch high, including the US-only requirement. Users got to be over 18 years aged , have a minimum of 1,000 followers and have hosted a minimum of three Spaces within the past 30 days. Tickets can range from $1 to $999 and creators can limit what percentage tickets are often sold.
Super Follows, which is patterned after the Patreon business model, could be a touch more problematic for creators. In exchange for a monthly fee starting from $2.99 to $9.99, subscribers are guaranteed a gentle flow of paywalled content. Applicants within the US got to have a minimum of 10,000 followers to be eligible for this program.
The point of contention, however, are going to be what proportion creators will earn from it. Twitter says it’ll only take 3% of the revenue after Google’s or Apple’s 30% cut. If creators exceed $50,000 of lifetime earnings, however, Twitter will start collecting 20% of future earnings. which will practically leave creators with only 67% right down to 50% of the proceeds, far but what they might make on Patreon.
