Twitter-owned live video streaming platform Periscope received an update on Wednesday that introduces a new feature enabling broadcasters to earn revenue for the first time.

Since Periscope's inception, viewers have embraced the "like" or "heart" function as a way to show their appreciation for broadcasts while they're streaming, but until now there's been no means for users to reward broadcasters monetarily.

Periscope Super Hearts Banner
However, as of this week, viewers can now purchase "Super Hearts" and reward live broadcasters, who can then cash out the value of the virtual goods at the end of each month. The hearts are similar to "cheering", the paid reward in rival Amazon broadcast platform Twitch.

Any user of Periscope can buy and send Super Hearts during live streams, but not for replays. Hearts are purchased within the app using newly introduced virtual currency, Periscope Coins, which range in price from 99 cents for 1,050 to 132,650 for $100.

Super Hearts come in three types with increasing price, in order to enable viewers to reward broadcasters with larger amounts in one go and appear higher up in the live chat stream. Broadcasters who gain Super Hearts will see them as stars in their profile, and to cash them out they have to enroll in Periscope's new "Super Broadcasters" program, which requires filling out an application and tax form.

Periscope is a free download for iPad and iPhone available on the App Store. [Direct Link]

Top Rated Comments

Jimbo Asprilla Avatar
71 months ago
I predict a lack of clothing ahead...
Score: 9 Votes (Like | Disagree)
satchmo Avatar
71 months ago
Fixed that for you...

Periscope Introduces Virtual Currency Allowing Narcissists to Earn Revenue
Score: 2 Votes (Like | Disagree)
macfacts Avatar
71 months ago
In before Apple demands 30%.
Score: 2 Votes (Like | Disagree)
78Bandit Avatar
71 months ago
In before Apple demands 30%.
I think you're too late. This falls right in line with Apple's guidelines about in-app "tipping" a couple of weeks ago. I can see Apple either demanding the "cheering" tool be disabled in the iOS app or for the app developer to pay the fee.
Score: 1 Votes (Like | Disagree)
adamjackson Avatar
71 months ago
I really hope this platform works. Directly paying for content instead of subsidizing through ads is the best way to build a relationship between a consumer and a creator.
Score: 1 Votes (Like | Disagree)
icehockey77 Avatar
71 months ago
I predict a lack of clothing ahead...
Luckily they bought Jian-Yang's "Hot Dog, Not Hot Dog" tech.
Score: 1 Votes (Like | Disagree)

Popular Stories

iphone 14 pro hands snowflakes 1

Best Cyber Monday iPhone Deals Available Today

Wednesday November 23, 2022 1:55 pm PST by
Cellular carriers have always offered big savings on the newest iPhone models during the holidays, and Cyber Monday is no different. We're tracking notable offers on the iPhone 14 and iPhone 14 Pro devices from AT&T, Verizon, and T-Mobile. For even more savings, keep an eye on older models like the iPhone 13. Note: MacRumors is an affiliate partner with some of these vendors. When you click a...
General Black Friday Deals 2022 Green

All the Apple Black Friday Deals You Can Still Get

Friday November 25, 2022 4:40 am PST by
Although Black Friday is now technically over, many Apple products are still seeing major discounts through the weekend as we head into Cyber Monday. In this article, you'll find every Apple device with a notable Black Friday sale that's still available. We'll be updating as prices change and new deals arrive, so be sure to keep an eye out if you don't see the sale you're looking for yet. Note:...
ipad holiday bulbs

Best Cyber Monday iPad Deals Available Today

Thursday November 24, 2022 12:25 pm PST by
Cyber Monday deals have been in full swing since Black Friday deals ended, and we're seeing solid discounts on Apple devices. We're highlighting the best sales for all of Apple's product lines, and in this article you'll find the best Cyber Monday sales on iPad, iPad Pro, iPad Air, and iPad mini. Note: MacRumors is an affiliate partner with some of these vendors. When you click a link and make ...
airpods pro 2

Apple Engineer Addresses Lack of Lossless Support on New AirPods Pro

Friday November 25, 2022 2:58 am PST by
An Apple engineer has addressed the lack of lossless audio support in the second-generation AirPods Pro in a new interview. Current Bluetooth technology in the AirPods lineup means that Apple's audio products do not support Apple Music Lossless audio. Apple has previously hinted that it may develop its own codec and connectivity standard that builds on AirPlay and supports higher quality...
mac imac snowflakes

Best Cyber Monday iMac and MacBook Deals Available Today

Thursday November 24, 2022 1:07 pm PST by
Our Cyber Monday coverage continues with the best deals you can find on MacBook Pro, MacBook Air, and iMac. As with all holiday deals, we aren't sure how long any of these will last, and prices are always fluctuating, so if you see something you want, be sure to buy it soon. Note: MacRumors is an affiliate partner with some of these vendors. When you click a link and make a purchase, we may...
maxresdefault

Nothing Phone 1 Displays AirPods Battery Level After Latest OS Update

Friday November 25, 2022 3:33 am PST by
Nothing Phone 1 users today began receiving the Nothing OS 1.1.7 update, which adds support for displaying the battery percentage of connected AirPods, amongst other improvements and bug fixes. If you own a Nothing Phone 1, you can check for the OTA update by going to Settings -> System -> System updates. Bear in mind that as support for displaying AirPods battery level is still an...
apple watch gold ornaments

Best Cyber Monday Apple Watch Deals Available Today

Wednesday November 23, 2022 9:31 am PST by
We're tracking all of the best Apple product discounts for Cyber Monday, and the Apple Watch always makes a great gift around the holiday season, so you're guaranteed to find solid discounts right now. In this article, you'll discover the best Cyber Monday sales on Apple Watch Series 8, Apple Watch SE, and Apple Watch Ultra. Note: MacRumors is an affiliate partner with some of these vendors....