YouTube, the highly popular online video sharing and social media platform owned by the American tech giant Google hit a new milestone as its App for Android users surpassed a whopping 10 billion downloads on the Google Play Store.
With the advent of 4G devices, improving global internet speed and increasing access to smartphones/tablets amid the population over the last decade, the video streaming platform has exploded in popularity and become a medium by itself.
YouTube’s prominence can be cited as the single most important factor which allowed its Andoird App to accumulate such a large number of downloads. The fact that the world’s most popular and widely used mobile software platform Android bundles the YouTube app with the phone is another reason for such high numbers.
Over the years, YouTube has become a significant source of income for content creators as well as Google. The platform recently introduced a new monetization tool dubbed “Super Thanks” which will let users tip their favorite creators on the platform.
Apart from the regular ad revenue share offered by YouTube to content developers, the platform had introduced Super Chat and Super Stickers to bolster its monetization options for content creators.
In its statement, Google stated that thousands of creators in 68 countries have access to the “Super Thanks” tool, which will soon be expanded to all qualifying creators in YouTube’s partner program.
The company stated that “fans have been able to pay for unique material through channel memberships.” Viewers who pay for Super Chats can have their remarks pinned to the top of the comment section on a live-streamed YouTube video.