X to introduce peer-to-peer payments
Hold onto your digital hats! 🎩
Elon Musk’s X, the social media maverick formerly known as Twitter, is gearing up to launch a game-changing feature in 2024: a peer-to-peer payment system.
This bold move is part of Musk’s grand vision to transform X into an ‘everything app’, a dream he’s been nurturing since taking the reins two years ago.
Peer-to-peer payments unlock new possibilities on X
Imagine a world where sending money is as easy as tweeting.
That’s the future X is aiming for. The platform’s latest blog post teases the upcoming feature, promising to amplify user utility and open new doors for commerce.
Think of it as a financial playground right at your fingertips.
This news comes after a verbal sparring session between Musk and MrBeast focused on how X pays influencers and creators.
How AI and money elevates the X experience
But wait, there’s more! X isn’t just stopping at payments.
The platform is set to deploy cutting-edge AI in 2024, all in a bid to enhance the user experience. This isn’t just a step forward; it’s a leap into a new era of social media, where AI meets commerce in a seamless symphony.
Lately, the platform has been a patron of creativity, shelling out payments to a whopping 80,000 content creators through its ads revenue-sharing program.
This initiative rewarded creators and revamped advertising, marrying organic and ad content to drive impactful and relevant campaigns. 👰
From the US to Nigeria and beyond
The payment journey began in the US in July and quickly caught on like wildfire. ❤️🔥
Nigerian users were among the first to showcase their earnings from X, reflecting the platform’s expanding global footprint.
By the end of July, the program went worldwide, symbolising X’s commitment to nurturing a diverse and creative community across the globe. Will it continue the momentum? Only time can tell.
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