Facebook lets users pay for access to their live video streams in an effort to help people in the performing arts and other sectors affected by the pandemic coronavirus
- Facebook lets users pay a fee before letting people watch video streams
- The function is aimed at helping people in making lost income during COVID-19
- Streamers will also have the option to place a donation button on their video streams to earn money for approval by Facebook instead of themselves
- Here you can help people who are not affected by Covid-19
Facebook lets users charge viewers for access to live video streams as part of the company's efforts to help people generate income during the COVID-19 pandemic.
The new feature will be available as an option for all users who do not have a live broadcast, allowing them to be available for free or access a fee for free.
The function is intended to help people whose livelihoods depend on live events or performances, including musicians, comedians, personal trainers, speakers, and more.
Facebook will now allow users a fee to view their live video streams on the social network, something that can help musicians, trainers and public speakers to reimburse lost income during the COVID-19 pandemic
For people interested in using their video streams to raise money for other charities instead of themselves, Facebook has added the option of a donate button, according to a report in Engadget.
To be eligible for the option, a nonprofit in US records must be a 501 (c) (3) organization with the IRS, and have a valid tax ID number.
Facebook says it will transfer 100 percent of funds directly to the nonprofit and will not take a percentage of the money.
The moves coincide with an expanded focus on videos and streaming on Facebook in recent years.
In 2018, Facebook implemented a similar set of payment features in its newly launched service of Facebook Gaming, a video streaming platform focused on video game players.
Facebook Gaming allowed viewers to donate stars to each streamer, with 100 stars costing $ 1 to purchase.
Viewers could also pay a monthly subscription fee of $ 4.99 to follow a channel of a streamer.
The new video features are part of a recent extension of & # 39; Facebook's video programs, including the recent release of a standalone app for the & # 39; s streaming service. video games from the Facebook Gaming company, as well as a new video chat feature that will support up to 50 users
Users will be able to set any price they want for their streams, and they can also ask viewers to donate to a Facebook-approved charity instead of raising money for themselves
The service was planned as a competitor to the popular game-centric Twitch streaming service.
According to Timothy Havlock, who did not stream under the grip of Darkness429, the Facebook platform helped him reach a larger and less isolated audience.
& # 39; I make more money on Facebook than I did on Twitch, & # 39; told Havlock to Business Insider.
& # 39; I don't know if that's because I'm beating another audience, because I'm beating people who are at work, in their mid 20's to early 30's, and these are people with some available income. & # 39;
& # 39; I think people are more enjoyable on Facebook than they were, at least for me personally, on Twitch. & # 39;
On April 20, Facebook released an iOS and Android app for Facebook Gaming, which had previously been available through web browsers.
The company also recently announced a range of new video chat options, including public video caterers that support up to 50 users.
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