A Twitter user identified as Logik #iamlogikk on Saturday, celebrated receiving the payment of N36,858,567 from the app ads revenue sharing programme introduced by its owner Elon Musk.
Logik shared screenshots of payment statistics on his X page.
Captioning the post, he simply wrote, “36m… God bless Elon Musk”
X launched its new payment plan in the United States of America in July and only recently extended this payment plan to verified global users with Twitter Blue subscribers.
Also, a few Nigerian content creators on the microblogging app, has begun to receive payment as well.
Bamidele who controls a whopping 102.5k followers was eligible to get N491k on the app but said he could only withdraw N245k at the time.
On 28 July, the microblogging platform X, formerly known as Twitter, rolled out its advertisement revenue sharing programme with content creators as billionaire owner Elon Musk seeks to diversify revenue sources.
“The company had given some creators payouts earlier this month, but now, users globally who meet the eligibility criteria can apply for the programme from the monetisation tab in settings,” according to a support document about the programme on the X platform.
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“Ads revenue sharing lets you share revenu e from verified users’ impressions of ads displayed in replies to content you post on X. This is part of our effort to help people earn a living directly on X.”
Creators will be able to set up ads revenue sharing and creator subscriptions independently. The programme was announced by Mr Musk in February.
Advertisement revenue sharing will be available globally to creators who meet X’s eligibility requirements, the document said.
To be eligible for creator ads revenue sharing, the account must be a subscriber to Blue Verified or be a Verified Organisation, have at least 15 million impressions on cumulative posts within the past three months or have at least 500 followers.
Eligible users must also have an account with payment processor Stripe to receive payouts, according to X.
The ad revenue sharing service is available in the UAE, Saudi Arabia, Kuwait, Qatar, Oman, Australia, Canada, India and the UK, among other countries.
“We want the process to be as simple as possible, so all eligible X Blue and Verified Organisations subscribers are entitled to revenue share so long as they meet the eligibility criteria and join,” the company said.
“You’ll get payouts as long as X determines that you’ve generated more than $50.”
Musk, who has about 150.2 million followers himself, has not specified the actual share creators would receive.
The document also does not specify how the company determines the value of its payouts or how much revenue X keeps itself.