Twitter to take 20% cut of your sales via Ticketed Spaces

New Delhi: After launching a Clubhouse rival called Spaces, Twitter is now out to make some money via ‘Ticketed Spaces and the micro-blogging platform will take a 20 per cent cut of your sales, beginning with the users in the US.

Twitter said that the 20 per cent cut will cover the cost of transaction fees of online payments processing company Stripes (hosts will also need a Stripe account), reports The Verge.

To begin with, the users in the US will be able to apply to host paid live audio rooms starting in the next couple of weeks.

“Anyone who wants to charge has to have 1,000 followers, have hosted three spaces in the past 30 days, and be at least 18 years old,” the report said on Friday.