$1 million to be paid to Snap video creators daily.

Snap video creators user daily payment will soon be introduced to the popular Snapchat app.

Snapchat app which is own by Snap Inc. is currently planning on releasing a new feature to its Snapchat app which will enable content creators of popular videos to get paid when their videos get Spotlighted.

The popular and fast-growing  American social media company  Snap Inc. is planning to publish a new feature to its Snapchat app which will enable popular videos to be termed as Spotlight and the creators of the popular video will be paid $1 million per day for creating high performing videos on the snap.

On this note, it has been observed that Social media platforms are trying to attract and reward creators of quality content.

Just as in the case of TikTok which is planning to spend at least $1 billion in the U.S. in the period of three years on video-makers/creators.

On the other hand, Instagram which is one of the most popular social media networks in the world has been paying TikTok’s celebrities and star money to test out its TikTok lookalike feature.

Surprising as it may sound but just like YouTube, Instagram currently is also sharing advertisers’ revenue on video ads with Instagram content creators.

However, Snap users who will benefit from the snap daily earning program do not necessarily need to have a lot of followers as the spotlighted videos are based on performance such as engagement, etc, and not really on followers, however, followers are another factor.

What you should know about the Snap video creators user daily payment

There will be an algorithm in the Snapchat app software that will judge what videos Snapchat users see and it will be based on how regularly particular Snapchat users view such videos.

How the Snap video creators user daily payment will help the platform

This new feature will help Snapchat compete with the top social media handles such as   YouTube, Facebook Inc.’s Instagram, and China-based ByteDance Ltd.’s popularly known TikTok in the aspect of posting trendy, funny, and entertaining videos online.

Based on technical Experts’ anticipation, the payment of spotlighted videos daily feature may produce more income for the Snap company, because recently it has hit a total number of 249 million daily active users in Q3 and with a little bit more increase in daily/active users, Global Brands and even individual may now turn into Snapchat for the advertisement of their good or services.