Categories: Business

Meta’s Cash Bonus Program for Threads: Incentivizing Creators Amidst Platform Competition

Meta, the parent company of Facebook and Instagram, is currently testing a cash bonus program for creators on their Twitter-like app, Threads. According to a spokesperson from the company, the program is invite-only and aims to retain users amidst competition from platforms like X, Bluesky, and Mastodon. Eligible creators can earn money based on the performance of their posts or the number of posts shared on the app. To qualify for payouts, Threads posts must have more than 2,500 views.

The success of Threads has been evident since its launch in July 2023 when it became the top-ranked app on the Apple App Store, surpassing X. With over 130 million monthly active users and steady growth, Meta CEO Mark Zuckerberg remains optimistic about the app’s potential. In addition to Threads, Meta is also experimenting with a “Spring Bonus” program for Instagram, paying creators for engagement on various types of posts. This initiative underscores Meta’s continued efforts to incentivize creators and enhance user engagement across its platforms.

Instagram previously had a bonus program for reels but discontinued it in March 2023. However, there are hints that bonuses might make a return according to Instagram Head Adam Mosseri. These initiatives demonstrate Meta’s commitment to its creators and their success on its platforms.

Samantha Johnson

As a dedicated content writer at newseeped.com, I thrive on transforming ideas into captivating narratives that engage and inform our readers. With a passion for storytelling and a keen eye for detail, I craft articles that resonate with our audience and help amplify our platform's impact. My background in journalism and creative writing allows me to blend authenticity with flair, ensuring each piece I produce is not only informative but also compelling. I am honored to be part of a team that values quality content and am excited to continue contributing to our mission of delivering top-notch news coverage to our readers.

Share
Published by
Samantha Johnson

Recent Posts

Wet Weather Downhill Showdown: Impressive Performances by Riders in Les Gets and Val di Sole

In the thrilling downhill racing event held in Les Gets, the rain added an extra…

44 seconds ago

Italian Center-Back Alessandro Buongiorno to Join Napoli for €40 Million”.

Transfer expert Gianluca Di Marzio reported that Italy defender Alessandro Buongiorno has reached a full…

3 mins ago

Four Days of High Pollution: Long Island’s Air Quality Health Advisories Remain in Effect with AQI Value of 105

Air quality health advisories have been issued in the Long Island region for the past…

4 mins ago

A Taste of Home: Astronauts Celebrate World Chocolate Day with a Twist in Space

On July 7, the European Space Agency shared images of astronauts indulging in chocolate treats…

7 mins ago

Euro 2024: England vs. Switzerland Shootout Draws Record Audience, Highlights Digital Engagement Trend

The quarter-final match between England and Switzerland in Euro 2024 was a highly anticipated event…

8 mins ago

K Health Secures $50 Million in Funding, Revolutionizing Access to Personalized Primary Care

K Health, a pioneering AI technology company, has recently secured $50 million in funding led…

10 mins ago