Threads Empowers Creators: Thousands in Cash Giveaway!

  • 30 Apr, 2024
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Threads Empowers Creators: Thousands in Cash Giveaway!

Meta is attracting creators with the potential to earn thousands of dollars for going viral on Threads through a new, invitation-only bonus program associated with its latest app, which is meant to rival X.

Leaked Details of Threads' Revenue-Sharing Program for Creators:

Even though Meta hasn't made an official announcement, information has surfaced on a new Instagram support page. This information sheds light on a revenue-sharing program for creators on Threads. According to the page, creators can earn money based on how well their posts perform and how often they post. Each participant may have different bonus terms tailored to their activity on the platform. While the specifics are yet to be confirmed by Meta, this leak suggests an exciting opportunity for creators to earn through Threads.

Creators' Financial Incentives: Meta vs. X:

Meta and X both aim to attract creators with money. Meta's Threads offers creators money based on their posts' popularity and frequency. On the other hand, X pays creators directly, but it works like this: users who pay for premium subscriptions help generate revenue, which is then shared with creators based on how much their content engages users.

Also Read: Report: Former Ads Chief Disrupted Google Search

Threads vs. X: A User Growth Comparison:

Mark Zuckerberg, Meta's CEO, disclosed that Threads recently reached 150 million monthly users, indicating steady growth since its launch last year. This figure falls short of Zuckerberg's ambitious goal of 1 billion users for Threads. In comparison, X boasts 550 million users, as announced by Elon Musk last month. It's important to note that X has nearly two decades of history, while Threads is a newer addition to the scene, having launched just last year.

Threads Teams Up with Taylor Swift to Attract More Creators:

Threads is joining forces with music superstar Taylor Swift to promote her latest album. This collaboration aims to attract new creators to the platform, offering them the chance to engage with a big-name artist and bring more excitement to Threads.

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