Exploring the possibilities of an in-App currency for creators on Twitter

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Exploring the possibilities of an in-App currency for creators on Twitter (Image: twitter.com)
Exploring the possibilities of an in-App currency for creators on Twitter (Image: twitter.com)

Delhi : The microblogging website Twitter proposes to introduce its own in-app currency coins to assist authors in generating revenue on the network. The functionality was recently discovered by two app researchers, Jane Manchun Wong and Nima Owji, who tweeted about it.

Users will be able to support producers that tweet excellent content thanks to these coins, as shown in the screenshot shared by Jane Manchun Wong and Nima Owji. "With coins, you may support content producers who Tweet excellent material. The tweet stated that "Unused coins are stored in your balance."

Wrong said that "Twitter was developing a screen for buying coins."  Additionally, Twitter is developing a Coins menu item that navigates you to the transaction screen." Owji, on the other hand, stated that "it appears to be an in-app currency to support the developers. Nothing that links it to "cyrpto" money that I could uncover."

Additionally, Owji had earlier mentioned that the microblogging platform was developing coinage. Twitter has not yet said whether or not it will roll out this feature.

In the meantime, as Elon Musk continues to cut costs globally, employees at Twitter Inc.'s Singapore office were instructed to clear their desks and leave the building, according to people familiar with the matter.

One of the persons who spoke on a confidential basis claimed that Twitter employees were advised via email on Wednesday that they had until 5 p.m. to vacate the CapitaGreen building and begin working remotely on Thursday. In Twitter's internal system, Singapore-based employees have now been reassigned as remote workers until further notice, the source continued.

Twitter's Asia-Pacific headquarters are located in Singapore, a country that was hard-hit by sudden and drastic employment losses after Elon Musk acquired the San Francisco-based company. Nur Azhar Bin Ayob, who had been the region's head of site integrity and had only recently been hired, was also fired by the corporation this month.

Requests for comment from Twitter representatives were not immediately fulfilled. Without going any further detail, an official for CapitaLand, which owns Twitter's offices in Singapore, stated the company still resides at CapitaGreen.