Run through the money rush! Just as the holiday season approaches, people are always looking for ways to get extra cash, and it seems like that Instagram might have a solution. The company offers users an incentive to receive extra money using the Reels feature. The Reels feature, introduced in August 2020, is similar to the popular TikTok application, where users can record and edit 15-second multi-clip video with audio, effects, and new creative tools.
According to Technological crunch, Instagram is handing out bonuses of up to $ 10,000 for creating Reels, a program that started in July. Maddy Corbin, who has 52,000 followers on Instagram, was recently offered up to $ 1,000 for Reels in one month. However, it doesn’t appear that all content creators get the same payout amount. “I saw some people who had more followers than me and could only make $ 600,” Maddy told TechCrunch. He says that users with fewer followers were offered $ 800. “I would like to know more about how it was generated. All I can think of is that maybe it’s based on past reel performance, ”said Maddy.
Instagram spoke to TechCrunch about the price difference in payouts stating, “We are continuing to test payouts as we extend to more creators and expect them to fluctuate while we are still getting started. We have designed bonuses so we can help as many creators as possible. in a way that is achievable and generates significant earnings. Our goal is for bonuses to become more personalized over time. “
Although the program is in circulation this month, Instagram has increased the bonus to keep up with TikTok, as the platform has surpassed 1 billion monthly active users. Several competing platforms such as YouTube Shorts and Snapchat Spotlight have also introduced an incentive feature for users to post their content in short form on their apps instead of TikTok.
Now that we’ve given you the rundown on Instagram cashin ‘folks out, here’s how to see if your account qualifies! Users must be at least 18 years old and meet the platform’s partner monetization policies, which are a bit vague. The rules state that you must reside in an eligible country, comply with our Community Guidelines and Content Monetization Policy. To see the full list, go to Facebook website.
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