Crypto

X Marks the Spot: Elon Musk’s Rebranded Twitter Unveils Global Ads Revenue Sharing Program for Creators

Published

1 year ago

July 29, 2023

In a daring maneuver that has caused ripples in the digital sphere, the social media platform formerly known as Twitter, now rebranded as X under the stewardship of Elon Musk, has officially commenced its ad revenue sharing scheme for content creators. This long-anticipated move is a substantial stride towards empowering creators and nurturing a more inclusive digital economy.

The transformation of Twitter into X is not just a superficial alteration. Musk states that it signifies a wider vision for the platform, one that transcends the conventional confines of social media. The fresh moniker is a token of metamorphosis, an indication that X is prepared to morph and adjust to the fluctuating digital terrain.

The ad revenue sharing scheme is a crucial component of this metamorphosis. It is an unequivocal indication that X is dedicated to backing its creators and distributing the wealth produced by the platform. The scheme, initially declared in February, has now been globally implemented, paving the way for creators around the world.

To be eligible for the scheme, creators must satisfy certain criteria. They must be enrolled in X Blue, the new incarnation of Twitter Blue, or be a Verified Organization. Moreover, they must have accumulated at least 15 million impressions on their collective posts over the past three months and have a minimum of 500 followers.

The procedure to join the scheme has been made as simple as possible. All qualifying X Blue and Verified Organizations subscribers can apply for the scheme from the monetisation tab in settings. Provided they meet the prerequisites, they are entitled to a portion of the revenue.

The revenue sharing scheme is mutually beneficial for X and its creators. It offers a new revenue source for creators, rewarding them for their content and engagement. Concurrently, it encourages high-quality content, which can boost user engagement and ad revenue for X.

The payouts are processed as long as X determines that the creator has generated more than $50. However, the company has not detailed how it computes the value of its payouts, leaving some room for conjecture.

Despite the enthusiasm surrounding the scheme, it is not without its hurdles. The criteria, while ensuring that the scheme benefits active and popular creators, may exclude smaller or newer creators. Moreover, the lack of clarity around the payout computation could lead to confusion and dissatisfaction among creators.

Nonetheless, the initiation of the ad revenue sharing scheme signifies a notable landmark in X’s journey. It mirrors the platform’s dedication to its creators and its readiness to share its triumph with them. As X continues to transform under Musk’s guidance, it will be intriguing to see how this scheme shapes the platform’s future and its relationship with its creators.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. CoinReporter.io and EUReporter.co does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Cryptocurrency Market in 2025: Trends, Challenges, and Opportunities

Published

2 days ago

January 24, 2025

Editor

Navigating the Cryptocurrency Market in 2025: Trends, Challenges, and Opportunities

The cryptocurrency market in 2025 has evolved significantly, driven by a combination of technological advancements, regulatory changes, and a shift in investor behavior. As we delve into this dynamic landscape, here’s what you need to know to navigate the crypto waters effectively.

Bitcoin’s Continued Dominance

Bitcoin remains the market’s stalwart, with its role as a ‘digital gold’ more pronounced than ever. The world’s first cryptocurrency saw its price surge past $100,000 in 2024, largely due to the pro-crypto policies anticipated from the new U.S. administration led by Donald Trump. Analysts suggest that Bitcoin’s potential inclusion in U.S. strategic reserves could further solidify its position, although the market seems to be in a phase of consolidation as investors assess the implications of these developments.

Ethereum’s Ecosystem Expansion

Ethereum has not only held its ground but expanded its ecosystem with the full implementation of Ethereum 2.0. The upgrade has led to improved scalability and security, making it an ever-more attractive platform for decentralized applications (dApps) and smart contracts. The introduction of spot Ethereum ETFs in 2024 has opened the floodgates for institutional investments, with predictions that ETH might challenge Bitcoin’s dominance in terms of institutional adoption by the end of 2025.

The Rise of Stablecoins and DeFi

Stablecoins like USDT and USDC have become pivotal in providing stability amidst the volatile crypto market. Their integration into decentralized finance (DeFi) platforms has been crucial for real-world asset tokenization, offering new avenues for lending, borrowing, and yield farming. The trend for 2025 points towards an exponential increase in stablecoin usage, with forecasts suggesting a market cap growth that could revolutionize how we think about digital payments and asset management.

Regulatory Landscape

The regulatory environment has been one of the most significant influencers of crypto market trends. With Donald Trump’s administration expressing a crypto-friendly stance, there’s an expectation of clearer regulatory frameworks that could foster growth. However, this optimism is tempered by global regulatory scrutiny, particularly in areas like DeFi, where the U.S. government and international bodies are poised to enforce more stringent compliance measures.

AI and Blockchain Convergence

The intersection of artificial intelligence (AI) with blockchain technology is creating a new frontier in cryptocurrency. AI tokens, including those related to decentralized AI projects, have seen their market cap grow dramatically, with some projections suggesting they could hit $60 billion by the end of 2025. This convergence is not just about financial speculation; it’s about leveraging blockchain for more secure, transparent, and efficient AI operations.

Investment Strategies and Market Volatility

For investors, 2025 presents both opportunities and pitfalls. The market has shown signs of reduced volatility due to broader adoption and institutional investment, but the crypto space remains inherently unpredictable. Strategies like dollar-cost averaging (DCA) are becoming more popular for those looking to mitigate risk while capitalizing on the long-term potential of cryptocurrencies. The market’s mood swings, often influenced by macroeconomic trends and policy announcements, continue to test the mettle of investors.

The Global Perspective

From Asia leading in retail investor participation to Europe’s dominance in market share, the global cryptocurrency landscape is as diverse as it is dynamic. The U.S., with its potential strategic reserve in Bitcoin, is expected to set a precedent that other nations might follow, further globalizing crypto adoption.

Conclusion

As we navigate through 2025, the cryptocurrency market offers a complex but rewarding landscape for those willing to understand its intricacies. With Bitcoin and Ethereum leading the charge, the rise of DeFi, stablecoins, and AI integration, coupled with evolving regulatory frameworks, the crypto market is at a pivotal moment. Investors, developers, and regulators alike must adapt to these trends to harness the full potential of this digital revolution. Remember, in the world of cryptocurrency, staying informed is not just beneficial; it’s essential.