The social media site will split revenue with contributors who are awarded “gold” by other users.
The kind of people who stick around because you pay them aren’t the people you want to stick around.
Coincidentally I notice that Conagra Brands, Inc. (CAG) is trading down at the moment (28.01-0.28) so if you’d like to buy some shares in one of the biggest producers of popcorn in the world now’s a good time lolAnd the content that makes up top posts isn’t what you want to make top posts…
X now rewards Premium subscribers with an ad revenue share tied to the number of impressions, or views, of ads a user generates in their tweet replies," he said.
"This incentives X users to post content that sparks the most replies, and the characteristics of content that typically generates the most replies is content that is divisive, polarising, provocative, and controversial… exactly the sort of content that brands do not want to have their ads placed amongst.
Well this sounds profitable for Reddit.
/s
Didn’t x/Twitter do the same thing? Is spez just copying Musk?
I’m sure this will lead to a flood of quality content on Reddit. More seriously paying people to make content for your social media site while you sell information about them to advertisers is an interesting business model, to say the least.
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