Zuckerberg Announces A Bunch Of New Ways For You To Make Money On Meta

Zuckerberg Announces A Bunch Of New Ways For You To Make Money On Meta

Mark Zuckerberg has made a series of posts on his Facebook account through which he informed users about a number of changes that will be coming to both that platform and Instagram through which they can monetise their content or even increase their income from both platforms.

The big news – and first on the Facebook owner’s comment thread – was that the company will not be taking a share for itself from content made by creators until at least 2024. This is a one-year extension of his previous commitment, as Zuckerberg had previously stated that users will not be forced to share a cut with the platforms until 2023.

Additionally, the Meta co-founder also introduced Interoperable Subscriptions to Facebook groups, meaning users who already have subscribers from other platforms (f.e. Twitch) can carry them over to Facebook and have them pay a certain fee every month if they want access to their private group.

A further emphasis was placed on the monetization of Reels, which Meta hopes can be the great response to TikTok. More specifically, the Reels Play Bonus is going to be further integrated into Facebook, allowing creators to create money from their content on both platforms.

Zuckerberg also stressed that non-fungible tokens (NFTs) will soon be added to both platforms in the form of Digital Collectibles, giving users the opportunity to show them off in their Instagram profiles. Further testing is being done so that posts containing NFTs can be shared on both social media profiles (Facebook and Instagram) at once. Also, through the integration of augmented reality (AR) technologies, Zuckerberg said that soon people may be able to share their NFTs in their stories, although that feature is still in the testing phase.

Via the new Creator Marketplace, people will also have a greater chance of getting discovered and reimbursed for their content, while brands and agencies will also have a wider spectrum to display their campaigns.




Please login with linkedin to comment

Facebook Instagram Mark Zuckerberg Meta

Latest News

Canva Unveils Enterprise Era With Powerful New Workplace Products Debuted At Canva Create
  • Media

Canva Unveils Enterprise Era With Powerful New Workplace Products Debuted At Canva Create

At its first international Canva Create event in Los Angeles today, Canva, the world’s only all-in-one visual communication platform, accelerated its focus on the enterprise, debuting the platform’s biggest overhaul in a decade alongside a range of new workplace products and services poised to redefine the way millions of people work. Lead image: Canva Founders […]

Cashrewards: A Decade Strong!
  • Partner Content

Cashrewards: A Decade Strong!

Cashrewards' CEO muses on the company's 10 year anniversary. Still refusing to answer questions about a possible party.

Partner Content

by B&T Magazine

B&T Magazine
Network 10 Axes Gladiators
  • Media

Network 10 Axes Gladiators

Alas, 10's Gladiators has gone as quickly as it came. Should make for a very wild garage sale, however.