Elon Musk, the owner of Twitter, has delivered on his pledge to compensate platform content producers by distributing the first round of funds. The distribution of ad prizes reportedly started with producers receiving $5 million.
Dogecoin founder featured as top earner
Billy Markus, the man of Dogecoin, was one of the top earners and demonstrated his brand as one of the most engaged on the social media site. Billy Markus is well known for his active participation on social media.
The founder of Dogecoin, who currently has 2.1 million followers, received $37,050 in payment, making him the second highest earner in the first block of payments made. Markus didn’t make as much money as the Internet Hall of Fame, which made $107,247 and had about 1.9 million followers.
Given that other artists with more followers receive far smaller payments, it is evident that the amount provided to creators is unrelated to the overall number of followers. Billy Markus is in the top rank due to the Dogecoin community’s active involvement with his postings.
The Elon Musk Influence
The originator of Dogecoin’s fame may have been impacted by his rumoured close friendship with Elon Musk. The digital money with a Shiba Inu motif is something that both guys are interested in.
U.Today has reported on both Musk and the creator of Dogecoin engaging with one other’s material, which has helped the cryptocurrency innovator increase his visibility.
Many people were hopeful that Elon Musk’s leadership would deliver good news to creators in the digital currency ecosystem when he took over after buying Twitter last year. Despite the reward maybe being little in comparison to Markus’s imagined network, it serves as an excellent starting point for future payments.
