Twitter is set to soon launch the Super Follows feature that will enable some users with at least 10,000 followers to charge for providing exclusive additional content like extra tweets, joining a community group or receiving a newsletter.
Twitter announced earlier this year it was working on a Patreon-like service, as the micro-blogging platform aims to drive new revenue streams.
Twitter showed a mock-up screenshot during a virtual event with investors, where a user charges $4.99 per month for exclusive additional content.
App researcher Jane Manchun Wong first tweeted screenshots of the new Super Follows feature on Sunday.
"Twitter is working on Super Follows application. Requirements: Have at least 10,000 followers, have posted at least 25 Tweets in past 30 days and be at least 18 years old," Wong said in the tweet.
Wong also discovered a list of content categories that Super Follows users would choose from to describe their content.
"Notably, 'Adult content' and 'OnlyFans' are mentioned in the category and platform sections," the app researcher informed.
In an another monetisation move, Twitter last week rolled out its first-ever subscription offering called Twitter Blue in Australia and Canada, that will give users a 30-second Undo Tweet option to erase any typo, which has been the biggest demand by its users for years.
The users can set a customisable timer of up to 30 seconds to click 'Undo' before the Tweet, reply, or thread they have sent posts to their timeline, and correct mistakes by previewing what your Tweet will look like before the world can see it.
"As a Twitter Blue subscriber, you will get these features and perks for the monthly price of $3.49 Canadian dollar or $4.49 Australian dollar," the company said in a statement.
The subscription service will be gradually rolled out to other countries including India in near future.
Twitter acquired Scroll in May, the $5-per-month subscription service that removes ads from websites that participate.
Twitter aims to more than double its total annual revenue to over $7.5 billion in 2023 with at least 315 million mDAU (monetisable daily active users), according to its CEO Jack Dorsey.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.