Twitch, twitch, the Amazon-owned service where people broadcast their video gameplay live for others to watch, is introducing "Bits a sort of currency that users can bank to unleash these special "emotes the service's term for its own lexicon of emojis.
Twitch is owned by Amazon, and this isnt the first time they pull something like this.At the lowest purchase price without a discount, Twitch is charging a 29 Fee for Cheering to streamers: (Source: eSports Daily but you need to consider this from the Streamers POV.A lot of people underestimate the engagement vehicle that Twitch provides and in particular; Twitch chat where you have a direct connection with your audience (Isnt that what every brand wants?1 cent per Bit used to Cheer Guide to Cheering (Beta) Meaning: Bits Streamer,500 15 5,000 50 10,000 250 If we assume a 25 VAT, let us take is amtrak guest rewards a credit card a look at the streamer share: Bits Price 25 VAT Share Share w/ VAT Share w/o VAT.If you "cheer" often and loudly, you can earn special badges that make you more visible.I wont even get into the myriad ways theyve been involved in the scene.Red Bull understands Gaming and eSports marketing better than any other brand.Here is what it looks like if you want to buy 100 bits:.40, alright.I still remember my first one in 1997 in Berlin.Bits can be purchased through the Bits icon at the bottom of the chat window, and they cost.40 for 100.
Only available to partners and affiliates Alternative to bits: gift subs Gift subs let you get around the VAT for bits and use a contribution feature native to Twitch.
Spending bits In order to spend your bits, you cheer.Esports ON TV (Photo: SuperSport) My Take: South African Satellite Channel SuperSport announced last month that it would be broadcasting Turners E league.The War on Twitch and was intrigued by the non-advertising monetization options that Twitch wasnt capturing.(Source: Twitch your Wed June 29 eSports News, twitch launches cheering FOR streamer monetization.Ive always hated coffee and tea never gave me that kick.Now, blink and youll miss.Lets see how this looks after a full roll out.
Reaching 50 followers will help me make Affiliate, and I won't be streaming much if at all and clog your feed.
There was a great analysis done last year on how Twitch streamers make money but it basically boils down to this: A large share of money is made via subscriptions where Twitch takes a fee, ad revenue is not the main driver and Twitch takes.