X's Ad Revenue Sharing: A Shift Towards Cryptoassets

XEROF Commends X for Considering Cryptoasset Payments in Ad Revenue-Sharing Program

XEROF commends X (formerly known as Twitter) for considering integrating digital currency payments for its ad revenue-sharing program, following a proposal by Kraken. The X community has overwhelmingly supported this idea, indicating a growing interest in digital assets within the platform.

X's ad revenue-sharing program was launched earlier this year, allowing verified creators to receive a share of the revenue generated from advertisements displayed in response to their content. The initiative has been well-received, fostering a more engaging and rewarding environment for creators.

XEROF’s Response to X’s Possible Move Towards Cryptoasset Integration

“We are happy to witness X's interest in exploring cryptoasset ad revenue sharing, as it aligns with the growing trend of digital currency adoption among social media platforms,” says Marc Taverner, XEROF CEO. “The fact that the X community has requested cryptoasset payments for the ad revenue-sharing program is a clear signal of increased adoption in this space, and we anticipate seeing more demand for cryptoasset payment options in the future.”

The cryptoasset ad revenue sharing proposal emerged after Kraken suggested accepting payments in Bitcoin (BTC) for the program. The X community welcomed the idea, expressing enthusiasm for potentially including other digital currencies, such as Dogecoin (DOGE), in the payment options.

As a leading cryptoasset service provider, XEROF is well-equipped to support businesses implementing cryptoasset ad revenue sharing. XEROF's robust infrastructure and commitment to security ensure seamless integration of digital asset transactions within the X platform.

Marc Taverner emphasises, “At XEROF, we strive to foster the adoption of digital currencies across diverse industries. The X community's interest in cryptoasset payments signifies the growing acceptance and utility of digital currencies, which is an exciting development for the industry. As X considers this progressive step, XEROF stands ready to provide our expertise and support in facilitating secure and user-friendly cryptoasset transactions for the broader community.”

A New Era of Payment Models

X's exploration of cryptoasset ad revenue sharing represents a significant milestone in the ongoing integration of digital currencies into mainstream platforms. This move indicates the transformative power of digital currencies in reshaping traditional payment models and fostering a more inclusive and innovative online ecosystem.

If you are keen to learn more about implementing cryptoasset payments for your business' ad-sharing revenue or have any other questions, please do not hesitate to contact us to arrange a meeting.