Facebook has started very similar program as we find with YouTube or any other video sharing platforms. Creators can upload the video in their Facebook profile and can enable the monetization.
According to Facebook monetization program, a creator receive 1 cent for each star which viewers will send with the comments.
A creator has to achieve a minimum amount to receive the payment.
Pro:
- Very good initiative of Facebook to compensate for creativity.
- Contribution in increasing earning sources for families with low economy.
Cons:
- Creator has to setup a profile with true data, for example; legal name, provide tax information (PAN number in case of India), real age, real address etc. A sort of data collection.
- Viewer has to purchase stars from Facebook first, then the viewers can gift it to creators. Very few viewers are going to spend money for this adventure. There will be other charges also such as service charge, transaction charge etc that a viewer has to pay but that money the creator will not receive.
- Less chance to earn money or a creator posseses big fans who can purchase stars and gift it.
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