Twitter announced Thursday that some hosts on Spaces, the live audio feature, can now sell access to Ticketed Spaces.
Applications for Ticketed Spaces first opened in June to users who are over the age of 18, have hosted three Spaces in the past 30 days, and have at least 1,000 followers.
Twitter seems to have picked up the pace and has begun making changes to its social platform after it nearly stalled for a few years.
A Twitter representative said in a statement: “We will continue to work closely with people who already host Spaces for Ticketed Spaces,”
we want to help people who create cool Spaces earn $$$. today some Hosts can create Ticketed Spaces!
we’re only experimenting on iOS for now, but we hope to have it available to everyone soon. know it takes some time, but we want to do it right for you! https://t.co/xc68yWkOim
— Spaces (@TwitterSpaces) August 26, 2021
Ticketed Spaces allows hosts to sell tickets to make their events exclusive to select followers. The feature is currently only available on iOS, which determines how much those hosts can earn.
Since the feature is currently only available on iOS, Twitter is subject to Apple’s 30% in-app purchase fee, so a creator only sees 67% of each ticket sale. If a creator’s total lifetime earnings on Twitter — including Ticketed Spaces and Super Follows — exceed $50,000, Twitter will increase the commission from 3% to 20%.
Spaces itself was “inspired” by the clubhouse hype last year creating a new breed of audio-centric platforms and channels. Many Clubhouse rivals have been quick to go beyond what the original was capable of, including monetizing the platform. Twitter opened its Ticketed Spaces to potential applicants last June and is now slowly opening its gates even further.
Twitter didn’t provide more specific timelines for the wider availability of Ticketed Spaces, including on Android. This new feature brings it one step closer to its goal of finally monetizing the network, but it remains to be seen if it will be profitable in the long run.
