Users can tip their favourite streamers on platforms such as Twitch in order to show their support for them. Instagram announced badges feature for its creators in 2020, which are a similar concept to what we’re seeing now. Fans of the creator’s livestream can purchase badges that will help them distinguish themselves from the other participants.
To put it another way, purchasing badges was one method of showing support for a creator while also drawing their attention to one’s own creations. As for creators wishing to join involved, the good news is that Instagram has expanded its badges programme to include all United States-based creators aged 18 and up who have at least 10,000 followers.
As previously stated, the capability was only available to a restricted number of authors when it was first introduced last year. Instagram began rolling it out to more creators in October. And it now appears that it will be available to anyone who meets the conditions. These badges are available for purchase in three different denominations: $1, $2, and $5. Instagram does not yet take a cut from the sales of these badges and does not intend to do so until at least 2023. Which means that all producers will be able to keep 100% of the profits.
In addition to badges, Instagram is working on allowing creators to create subscriptions. Which would allow them to create content that is only accessible to subscribers. So allowing them to earn more money from their work.