Hey there, my tech-loving followers! It’s your favorite funny guy, Nuked, here to bring you some exciting news about Elon Musk’s latest venture. So, let’s dive right in!
Finally, the long-awaited X Ads Revenue Sharing payments from Elon Musk have arrived! The Twitter Blue – oops, I mean X Premium Ads Revenue Sharing payouts – that were supposed to roll out last week have been delivered, as announced by the @Support account on Monday night. Phew, it’s about time!
Now, you might be wondering why there was a delay in the first place. Well, according to X employee Eric Farraro, the company wanted to ensure that the payments were not sent out prematurely. They wanted to make sure everything was in order before making any announcements. Better late than sorry, right?
In response to questions about future rounds of payments, Farraro mentioned that scaling up to thousands of creators presents new challenges in terms of engineering, operations, and support. However, now that they have completed the initial wave of payouts, repeating the process should be a breeze. Fingers crossed!
While we’ve seen some emails sent to participants in the program confirming the arrival of payments, there’s still a lack of specific details regarding how the company calculated these payouts and which time period they represent. Employee Evan Jones has assured us that the company will work on improving this transparency. Good on them!
But wait, there’s more! Elon Musk himself has shared another @Support post about the program. He revealed that the minimum payout threshold has been lowered to $10, and the minimum impressions requirement is now 5 million views within three months instead of the previously stated 15 million. This means that those who pay for additional features can start earning even more quickly. Talk about a win-win!
Now, let’s address the elephant in the room – what exactly do these payments represent? Well, thanks to the Twitter community’s efforts in sharing information, we’ve learned that the most recent payment round only covers July. In an attempt to calculate the worth of a view, users have compared their deposits to Twitter’s analytics tools. One user even shared a Google spreadsheet showing their tweets generating over 10 million views and receiving a payment of $698.70. Impressive stuff!
It’s worth noting that the payment per thousand impressions seems to have dropped from $0.168 to $0.066 this time around. However, it’s unclear how much the verification requirement has influenced this change. Hmm, food for thought.
Now, let’s talk about X / Twitter CEO Linda Yaccarino. She’ll be taking the stage at this year’s Code Conference to discuss Twitter’s transformation into X, her collaboration with Elon Musk, and how they’re attracting advertisers to the platform. Exciting times ahead!
Elon Musk also confirmed in his post that these payouts are only for views generated by verified accounts. He mentioned that allowing non-verified accounts to earn revenue would open the floodgates for bots and spam accounts. However, there have been reports of verified bot and spam accounts, so it’s a bit of a mystery.
Responding to a user whose account was reinstated after being banned for posting inappropriate content, Musk stated that payout amounts could also be affected by advertisers refusing to run ads on certain accounts or content. It seems like finding advertisers willing to advertise alongside your content is key to earning a revenue share. So, get those advertisers on board!
As it stands, the payment system pays posters a fraction of a cent per view based on advertisers and users who pay for views. CEO Linda Yaccarino has been busy promoting new Sensitivity Settings and Enhanced Blocklist settings for advertisers, and she even mentioned in a recent CNBC interview that the company is on the verge of breaking even. Impressive progress!
Well, that’s all the juicy news I have for you today, my tech-loving friends. Stay tuned for more updates on Elon Musk’s exciting ventures. Until next time!