YouTube vs TikTok is the war to dominate the short video market. While TikTok introduced short video streaming and displayed its power, brands like Instagram and YouTube are trying to grab the market share.
In the event of the competition, Instagram and YouTube are launching features like TikTok to lure visitors to their platforms.
YouTube's "Gifts, Powered by Jewels" is the new feature that has been introduced to compete with TikTok's gifting system. It is active in the USA only.
This feature is applicable to gift purchases for vertical livestreams.
What is "Gifts, Powered by Jewels"?
In other words, if a YouTube content creator is live-streaming from his mobile in the USA, then his subscribers can send Gifts Powered by Jewels.
Content creators under " YouTube's Partner Program" are eligible to monetize their vertical live streams with Gifts Powered by Jewels.
It is a way to earn money through live smartphone streaming.
There are two Virtual currencies available in the gift system:- Jewels: Viewers purchase Jewels to send gifts.
- Rubies: Creators get rubies on their live streams.
How Much Can I Earn with Gifts Powered by Jewels?
YouTube content creators earn gifts in the shape of rubies. One ruby is equivalent to 1 cent.
This means that if you receive 100 rubies, you will earn $1.
YouTube Bonus for Gift Earnings:
For the first 3 months, YouTube is offering a 50% bonus on gift earnings for selected creators. This bonus cannot exceed $1000.
- Gifts, Powered by Jewels program is available for U.S.-based content creators only.
- It is available for vertical livestreams.Content creators must have the YouTube Partner Program active.
- Only US-based viewers can purchase jewels.
- Users can buy and send gifts from their smartphones.
Requirements to Monetize Vertical Livestream with Gifts, Powered by Jewels:
Downfall of Super Stickers:
In the event of launching "Gifts, Powered by Jewels," YouTube is retiring its "Super Sticker."
Super Stickers is also YouTube's gifting system for livestreams.
Once you start using Gifts, Super Stickers will stop working.
Conclusion:
YouTube's Gifts, Powered by Jewels feature is available only in the United States. In the coming weeks or months, YouTube will also roll out this feature in other countries.
You can check your gift earnings in YouTube Studio.
YouTube is launching every feature like TikTok to keep content creators happy.
YouTube's massive user base can make the feature successful.
Do you make money from vertical live streams? If yes, then Gifts, Powered by Jewels, is for you.
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