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Run past the money!When the holidays are approaching, people always try to get some extra money, it looks like Instagram There may be a solution. The company is encouraging users to earn some extra cash by using their reel function. The Reels feature was launched in August 2020, similar to the popular application TikTok, where users can record and edit a 15-second multi-clip video, which includes audio, effects and new creative tools.
according to Technology tightening, Instagram offers up to $10,000 in bonuses for the creation of Reels, and the program was launched in July. Maddy Corbin, who has 52,000 followers on Instagram, recently received up to $1,000 in Reels within a month. However, it seems that not all content creators receive the same payment amount. “I see some people who have more fans than me, and they can only make $600,” Maddy told TechCrunch. She said that users with fewer fans will get $800. “I wish I could learn more about how it came about. All I can think of is that it is based on past reel performance,” Maddy said.
Instagram talked to TechCrunch about the difference in prices paid, and he said: “As we roll out to more creators, we will continue to test payments and expect them to fluctuate while we are still starting. We designed bonuses, So that we can help as many creators as possible in an achievable way and bring in meaningful income. Our goal is to make bonuses more personalized over time.”
Although the plan has been launched, this month, Instagram raised the bonus by a notch to keep up with TikTok, because the platform has more than 1 billion monthly active users. Several rival platforms such as YouTube Shorts and Snapchat Spotlight have also introduced an incentive feature that allows users to post their short content on their apps instead of TikTok.
Now that we have provided you with a summary of Instagram redemption, here is how to check if your account is eligible! Users need to be at least 18 years old and comply with the platform’s partner monetization policies, which are a bit vague. This policy states that you must live in an eligible country and comply with our community guidelines and content monetization policy.To see the complete list, go to Facebook website.
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