Internet related News · 2023-04-04

Post, a new social media platform, launches in public beta – News

Post, a new social media platform that aims to provide an alternative to Twitter, has emerged from its closed beta to launch its public beta version. Unlike Twitter, Post pays publishers for their Content through a system of microtransactions.

According to TechCrunch, the platform, which has been in development for the past 2 years, offers users a familiar interface with features such as timelines, hashtags, & retweets. However, the key difference lies in the payment system, which allows users to tip publishers for their posts & support the Content they enjoy.

The micropayments platform Post users, which is powered by Stripe, allows users to buy a bundle of points in packets of 300 ($4.20) up to 10,000 ($126.70). As you get into the higher tiers, you’ll get a discount on your purchase. Post generates revenue by taking a small percentage of these sales, similar to Twitch.

Post’s payment system takes a small percentage of each transaction as a fee, with the rest going to the publisher. Users can also earn by contributing to the platform, such as by reporting spam or helping to moderate Content.

The idea behind Post is to create a more sustainable model for social media, where publishers are compensated for their work & users can support the content they value. This is in contrast to platforms like Twitter, where publishers often have to rely on sponsorships or ad revenue to make a living.

Post is still in its early stages and has a relatively small user base, but the platform’s creators are hopeful that it will gain traction as more people become aware of its features. The public beta version is currently available on the web, with mobile apps set to launch in the coming months.

Overall, Post represents an interesting new approach to social media that prioritizes compensation for content creators. Whether it will be able to compete with established platforms like Twitter remains to be seen, but it is certainly worth keeping an eye on as it continues to evolve.

Image credit: Post

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