Connect with us

Hi, what are you looking for?

Smart Income LibrarySmart Income Library

Tech News

YouTube is getting in on the digital gifting game

YouTube logo image in red over a geometric red, black, and cream background
Illustration by Alex Castro / The Verge

YouTube is taking a page out of the TikTok playbook by adding “jewels” you buy to exchange for gifts for your favorite creators during livestreams. The feature, announced in September’s Made on YouTube event, is rolling out in the US over the next few weeks for eligible creators in the YouTube Partner Program.

The feature is reminiscent of TikTok’s livestream gifting, which essentially works the same way, except you buy “coins.” On YouTube, gifts you send to live streamers appear onscreen and add to their earnings called “rubies,” valued at one cent each. YouTube says there’s no fixed revenue share since the cost of jewels can change based on promotions, so the amount of rubies earned can vary. For the next three months, YouTube will…

Continue reading…

You May Also Like

Editor's Pick

Whipsaws and losing trades are part of the process for trend-following strategies. These are expenses, and simply unavoidable. Over time, trend-following strategies will catch...

Tech News

Klipsch’s Flexus Core 300 soundbar will leverage Dirac’s room correction calibration tools. | Image: Klipsch Klipsch has announced its new Flexus Core 300 soundbar,...

Editor's Pick

So the first Fed rate cut is behind us, and we are no longer in a “higher for longer” period, but in a new...

Editor's Pick

Much like the southeastern portion of the U.S. frets over the potential of devastating hurricanes, stock traders and investors brace for their own financial...