Twitter is getting ready to shake things up! The social media giant, under the leadership of Elon Musk, is reportedly experimenting with a new in-app currency called ‘Coins’, which could help creators earn money from the platform. This is according to screenshots shared by two app researchers Jane Manchun Wong and Nima Owji.
Here’s the list of Twitter Awards: https://t.co/PpgHebBWD6 pic.twitter.com/BePDVAkzhy
— Jane Manchun Wong (@wongmjane) January 5, 2023
The feature, which appears to be an extension of Twitter’s existing tipping feature, has recently been spotted by researchers. The screenshots show a ‘Coins’ tab in the same section where users can keep track of their tips. And it doesn’t stop there, Wong also spotted an ‘Awards’ feature, where users would be able to buy in-app gifts for others using coins.
However, it’s unclear exactly what Twitter’s plans are for these coins or when the feature will be launched. The company has not yet responded to requests for comment. But the screenshots suggest that Twitter is at least considering featuring coins prominently in its app, as both Wong and Owji spotted it in the main sidebar.
It’s worth noting that despite the ‘Coins’ moniker, the feature doesn’t seem to have any cryptocurrency tie-ins, at least for now, as Owji notes, “Twitter Coin is still under development and we don’t even have any evidence that it’s something related to crypto. Don’t let the scammers fool you.”
All in all, it’s an exciting development, and it seems that Elon Musk’s desire to reward content creators is coming to fruition. We’ll just have to wait and see what Twitter has in store for us with these ‘Coins’ and ‘Awards’.”
