Elon Musk says posts busted by Community Notes won’t earn revenue share

Share This Post

Elon Musk assured those attempting to “weaponize” the community notes feature will be immediately found out.

Posts corrected by X’s community-driven fact-checking feature will be “ineligible for revenue share,” to stem the flow of misinformation and sensationalism, says Elon Musk.

In an Oct. 29 X post, the executive chairman said misleading or inaccurate posts “corrected” by Community Notes — manned by X’s crowdsourced fact-checkers will not be eligible for revenue share.

Musk said the change would “maximize the incentive for accuracy over sensationalism” and claimed any attempted weaponization of the feature would be “immediately obvious” as the data is open source.

With little information to go on, X users and Crypto Twitter pundits questioned aspects of the change.

“Does that include notes that are added for context [of] the user’s claims rather than correcting false information?” one user asked. The crypto-focused account Bitcoin Archive said some notes add further context and not all are “refutations or corrections.”

Finance-focused X account “Not Jerome Powell” said Community notes applied to memes “in a funny way” or notes providing context “should be excluded.”

Related: Crypto community tells Elon Musk to dump Satoshi ‘X’ account

Others, however, were supportive of the change. “Pay attention to those who vehemently disagree with this,” wrote Dogecoin (DOGE) co-creator Billy Markus “It’s quite literally people who make a lot of money spreading misinformation.”

X hasn’t shared the number of accounts eligible for monetization nor who makes up its 100,000 contributors in 44 countries, according to an Oct. 26 post from X CEO Linda Yaccarino.

Magazine: Hall of Flame: Peter McCormack’s Twitter regrets — ‘I can feel myself being a dick’

Additional reporting by Jesse Coghlan.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

$3 By January? Crypto Analyst Reveals Why The Dogecoin Price Is Primed For A Surge To $20

Crypto analyst John Burr on TradingView has discussed the potential for the Dogecoin price to reach $3 this market cycle Driven by the positive sentiments from recent political events spearheaded by

A $9.7 Billion Boom in 14 Days—Stablecoin Market Eyes Historic Peak

Over the past 14 days since Nov 2, an eye-popping $9736 billion has flowed into the stablecoin economy, adding to the $555 million boost recorded in October Near Record Highs: Stablecoin Economy

Bitcoin Surges Past $93,000 – Can A Breakthrough Unlock New Heights?

Bitcoin is on the move again, surging toward its previous high of $93,257 with renewed momentum that has triggered excitement among traders After a period of consolidation, Bitcoin’s latest price

Rise of the Machines: African Students Fear AI Will Steal Their Jobs

African university students are concerned about the impact of AI on job prospects, while experts argue for a balanced approach that embraces technology while mitigating its potential negative effects

XRP Primed For $100 Price Target – Here’s Why

According to data from CoinMarketCap, XRP rose by 1557% in the past day to cap off what has been an impressive price performance over the last week Amidst Bitcoin’s journey to the $90,000 price

Goldman Sachs Reveals Increased Holdings In Spot Bitcoin ETFs — Here’s How Much

Major investment bank Goldman Sachs has disclosed its significant stake in spot Bitcoin ETFs (exchange-traded funds) The finance behemoth, once a vocal Bitcoin critic, appears to be shifting its