X (Twitter) launched last July an initiative to give content creators a share of advertising revenue. The social media platform has already paid out a total of $2 million to content creators. Content creators with low follower count can earn by joining this 'Ad Revenue Share Program'.
X Platform will share the advertising revenue of content creators in 116 countries including Bangladesh. A report by India's online magazine OutlookIndia outlines the process and eligibility to participate in the program.
Earning 50 thousand dollars from X platform
It is said on the X platform, a subscriber can get up to 97 percent of what X earns from subscriptions. In this way one can get maximum 50 thousand dollars from all earning products of this platform. After that you will get 80 percent share of revenue income.
Step 1: Eligibility requirements to participate in the program
1. Must have a subscription to X Premium or be a verified organization.
2. Posts must have 50 lakh or more reactions in three months.
3. Must have at least 500 followers.
Step 2: Prerequisites to participate in the program
Stripe Account: Content creators must have a Stripe account. Because X partners with Stripe for payment processing.
Adherence to X's Terms and Conditions: User must comply with the Ad Revenue Share Terms as well as comply with X's Terms and Creator Monetization Standards.
Step 3: Participation in Creator Subscription and Advertising Revenue Share Programs
All eligible X Premium and Verify Company subscribers can participate in this program by fulfilling the conditions. To participate in the program, the monetization option must be enabled from the X platform settings.
The monetization option can be found in the side menu of the app on iOS and Android phones or in the 'overflow' menu on the web version.
Step 4: Participation in the program
All eligible users are encouraged to participate in the program. However, violation of ad revenue sharing terms may result in disqualification from the program.
Step 5: How the Program Works
Eligible users can set up payouts from the app's monetization section.
1. Click on 'Join and Setup Payout'
2. This will redirect you to the Stripe platform. A Stripe account must be opened to receive ad revenue share.
3. The money will go into your own bank account through the Stripe account.
4. If you earn more than ten dollars, regular payouts will be available.
Step 6: Change the program
Content creators should note that X may change their terms and conditions at any time. Company may exclude any account from this program if necessary. So content creation should follow the rules and conditions of the platform.
From February to July, the company initially paid about 50 million dollars to content creators as advertising revenue. This move encourages users to engage with X platform posts. Besides, X also encourages creating interesting and meaningful content. Violence, criminal activity, gambling, drugs, alcohol, sex and fraudulent content are prohibited to maintain a safe and positive environment on the platform.
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