New Delhi: Twitter is reportedly working on launching its own in-app currency ‘Coin’, which will help creators make money on the micro-blogging platform. The new feature was spotted by app researchers Jane Manchun Wong and Nima Ovji, who shared it on the micro-blogging platform on Tuesday.
The screenshots posted by both researchers said, “Coins allow you to support creators who tweet great content. Unused coins are kept in your balance.” Wrong wrote, “Twitter working on coin buying screen.” “Twitter is also working on a ‘Coins’ menu item that takes you to the purchase screen,” she said. ,Also read: Budget 2023: PAN card can be used as a single business ID; deets inside,
On the other hand, Ovji said, “It appears to be an in-app currency to support the creators. I can’t find anything that relates it to cryptocurrency.” Ovji also mentioned last month that the company is working on a ‘coin’. ,ALSO READ: Retail inflation eases from 5.88% in November to 5.72% in December: Government data,
However, it is still unclear when the platform will launch this new in-app feature. Meanwhile, Wong previously mentioned that the company is working on a new feature called ‘Tweet Awards’.
According to a picture shared by Wong last week, users will be able to buy gifts ranging from one coin to 5,000 coins. It could be possible that Twitter will get a cut of the revenue generated from coin purchases.