Facebook

Facebook Gaming Creators Pocketed $50 Million Worth Of ‘Stars’ Virtual Currency In 2020

Creators are making bank on Facebook Gaming.

In a year-end blog post, the company announced that, all told, its gaming creators received more than 5 billion Stars last year — which is the platform’s virtual currency — translating to roughly $50 million dollars.

Furthermore, Facebook Gaming says there are currently more than 2,000 creators making more than $1,000 per month as streamers. This refers to multiple revenue streams, including Stars, Fan Subscriptions, and ad revenues.

Subscribe for daily Tubefilter Top Stories

Subscribe

Stars can be purchased by viewers in packs, beginning at 95 stars for $2, and can be deployed during live streams. For every Star that they receive, Facebook pays creators — who must be part of the Level Up program or managed partners in order to be eligible to receive Stars — 1 cent. Fan Subscriptions, on the other hand, enable creators to charge a recurring monthly fee (of their choosing) in exchange for exclusive access and content.

Given their success, Facebook is testing two new features with respect to Stars. Soon, comments sent in a live stream that are attached to Stars will pop up more visibly within the chat box. If viewers send a large number of Stars, Facebook says, their comments can be highlighted with a bright pink and purple gradient. At the same time, a new Stars ticker will automatically pin Stars comments to the bottom of the chat window for a period of time — with the larger the number of Stars resulting in a longer pin-time.

Both of these features are currently being tested and will roll out widely soon, Facebook says. Finally, Facebook says it’s also rolling out new graphics and gifs that viewers can send with Stars — a feature that Facebook calls virtual gifts, with each virtual gift coming with a different Star amount.

Share
Published by
Geoff Weiss

Recent Posts

Courts and governments say social platforms harm teens’ mental health. Here’s what the teens think.

Are major social media platforms safe for teens? The answer to that question could have…

8 hours ago

Want to know why streamers are hungry for live sports? Check out NBC’s Olympics viewership.

Live sports broadcasts have become a hot investment for streaming platforms. Leagues like the NBA…

9 hours ago

RedNote goes west with U.S. hires, creator outreach, and its version of TikTok Shop

It's been more than a year since RedNote had its big coming-out party in the U.S. The…

11 hours ago

Northernlion is holding a 6-day fan “supercruise.” But he’s not the only creator traveling with viewers.

On April 13, Twitch streamer Northernlion announced plans to hold a six-day "ultimate streamer cruise"…

11 hours ago

At Coachella, Justin Bieber flipped the camera — and reminded us how YouTube changed everything

It's been years since we last encountered a piece of Justin Bieber drama worth chewing over, but…

1 day ago

With The Overlap’s acquisition of Mark Goldbridge’s channels, the soccer world bets on YouTube

The spending spree on YouTube soccer content shows no signs of abating. The latest injection of capital…

1 day ago