Content creators and social media influencers in Nigeria have begun receiving their initial payouts from X, formerly known as Twitter, through its ad revenue-sharing initiative.
While the payout process was initiated for X users in the U.S. in the previous month, X subsequently declared its intent to expand this initiative to users globally by the end of July.
This development has led to verified users across Nigeria and other nations receiving compensation, contingent upon reaching the stipulated impression threshold for their content.
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Numerous content creators who have received these payouts have utilized the microblogging site to express their gratitude to Elon Musk, the proprietor of the platform.
This disbursement signifies that individuals who opted against purchasing the blue verification badge yet consistently posted content garnering favorable impressions are now incentivized to consider subscribing, which incurs a monthly charge of N3,560.
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To qualify for the payout, Twitter has outlined specific criteria that content creators must meet. These include being a subscriber to Twitter Blue or being a verified organization.
Additionally, the content creator should have achieved a minimum of “at least 5 million impressions on your posts in each of the last 3 months,” and must successfully pass the human review based on the Creator Monetization Standards.
Furthermore, the user needs to have a minimum of 500 followers.
Setting Up Payment Process
Twitter has detailed the process for eligible users to join and establish their payment setup from within the Monetization section of the app. This section is accessible via the side menu on iOS and Android, as well as the overflow menu on the web.
By clicking on the “Join and set up payouts” option, users will be directed to the payment processor, Stripe, where they can create an account to receive their share of the revenue.
The Stripe account will serve as the platform for transferring funds to an external bank account. After opting in, users will receive payouts at regular intervals, provided they have accumulated more than $50 USD.
Here are some reactions to the development on Twitter
Where dem Dey put the money? @elonmusk
— Davido (@davido) August 8, 2023
@AfamDeluxo Some of you are funny. Y’all clowned us for subscribing to Twitter Blue when it came out, today y’all are looking for ways to subscribe because Elon has started paying. What happened to the self-esteem takes and all?
Bruh, it almost like I’m dreaming tbh. unlike me I’m struggling to put the words together.😂❤️
YES!! I Woke Up To Credit Alert From Elon Musk!!! & mahn for just tweeting & making myself happy?! E loud i swear😂🙌🏿
— Napaul (@LifeOfNapaul) August 8, 2023
@AsiwajuLerry Everyone that trolled those who subscribed to Twitter Blue back then are now paying for the blue tick too.
@Wizebaba But how is Elon Musk making money from this tho?? Twitter blue is just 5k and he is paying people over 200k.
“Share revenue” with some Twitter Blue subscribers as bait to get more people to pay for the blue tick. The revenue generated will definitely eclipse what they have paid out.
Genius!!!
— Alhaji (@yeankhar) August 8, 2023
