Last Updated on 22/11/2021 by Sanskriti
Twitter Inc announced on Thursday that users will be able to tip their favorite content producers in bitcoin and that a fund would be established to compensate select users who run audio chat rooms on its Spaces feature. The company also stated that it will experiment with new methods to make Twitter a safer place for users, such as alerting users when they are entering a “hot” chat or allowing them to quit tweet threads.
The new launches are part of Twitter’s drive to compete with competing platforms like Facebook and Alphabet Inc.’s YouTube for prominent content producers with huge followings, as well as to change its reputation as a place where heated debates linger.
Digital payments for Twitter users on iOS are now accessible globally as before it was only available for a group of testers.
Esther Crawford, product lead for creator monetization at Twitter, “We believe we can continue to incentivize the types of conversations that people want to see,” said in a briefing with reporters.
Twitter has announced that it will allow authentication for non-fungible tokens (NFTs), which are digital assets like photos or movies stored on a blockchain.
The tool will allow users to track and display their NFT ownership on Twitter, according to the firm.
Twitter will create a creator fund to help users who produce recurrent audio content on Spaces with financial, technical, and marketing support.
According to Andre Jean-Pierre, a Spaces early beta tester, such assistance would allow more Spaces hosts to organize better dialogues and perhaps secure brand sponsorship deals.
Twitter also stated that it is looking at allowing users to filter out particular phrases from responses to their tweets that they do not want to read, which may be used to prevent name-calling or abusive behavior.