Engadget
Byte,the short-form video platform created by Vine cofounder Dom Hofmann,will soon start giving early creators a cut of its ad revenue. The company first revealed its plans for a Partner Program last month,publishing initial details of how it'll pay its stars,likely in an effort to lure users committed to making content. In a new post on its forum,Byte said it will start reaching out to creators "who are committed to furthering their craft" on the platform next week.
Here's how the program works: every 120 days,Byte will establish a pool of funds that it will divide between participating creators. Participants go up a "Viewership Bracket" ladder the more views they get,and going up a bracket means earning more money. Everyone in a bracket earns the same amount and will be paid every 30 days. The program kicks off on April 15th,and up to 100 participants will be sharing the first cash pool ($250,000). Unfortunately,only creators based in the US are eligible at the moment,though Byte says it's working on a way to open the program to people outside the country.
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