Longtime supporters of TheWeedTube may remember that transparency was a founding pillar of the community we have built. The importance of being transparent with our Creators and viewers remains at the forefront of our mission to develop a safe, welcoming and collaborative environment for people of every walk of life. We hold in great stature the importance of keeping you up to date with what is going on behind-the-scenes at TheWeedTube, so we are pleased to announce that we have some incredibly exciting updates on the way that we cannot wait to share with you. These improvements will come in the form of weekly blog posts.
Our first update is one to the Creator Payout System. You may know that our previous model worked in a way that Creators with at least 4,200 views on their channel were eligible for monetization. As of April 1, 2020, to be a monetized Creator on TheWeedTube, you will need to have a minimum of 420 subscribers to your channel. Channels on TheWeedTube with less than 420 subscribers that have already been monetized under the previous system will be grandfathered into the previous monetization system and will experience no change to their channel monetization.
We believe this improvement to the Creator Payout System will encourage Creators to push for gaining more subscribers rather than views. While views are valuable, subscribers are much more viable to growth as a Creator. Subscribers come back to watch new content from the Creator to which they are subscribed and are more likely to engage with the Creator’s content. The new System will also make it much easier for Creator’s to track where they are in terms of monetization. Monthly payments to monetized Creators will still be based on monthly views and the minimum threshold for payment ($20) will not change either.
We are looking forward to how this new System will simplify the Creator monetization process, benefit our Creators and help Creators grow their channels and communities. Our Creators, viewers, users and supporters are what makes TheWeedTube run and we are constantly surveying the user experience and exploring ways to continually make it better. TheWeedTube is a collaborative space and we welcome your feedback. Contact us on Instagram, Twitter, Facebook or at [email protected] with inquiries.
Stay tuned to TheWeedTube blog over the next few weeks for more updates!