Twitch’s creators and developers gain a new revenue stream with launch of Bits in Extensions

TechCrunch | 4/23/2018 | Sarah Perez
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Click For Photo: https://techcrunch.com/wp-content/uploads/2018/04/twitch-bits-extensions.png

Twitch’s Bits, a virtual good that allows fans to cheer on their favorite streamers, have been one of the ways Twitch creators could make money from their channels while also recognizing and rewarding their top fans. Today, the game streaming site is expanding the power of those Bits, by allowing them to now be used to with Twitch’s Extensions.

Extensions, launched in August 2017, let streamers customize their channel with add-ons like polls, leaderboards, tickers, game history, and more. There are now over 150 of these add-ons – some of which are mobile-friendly – and over 2,000 developers signed up to create them.

Today - Developers - Extensions - Experiences - Bits

Starting today, developers can customize their Extensions with interactive experiences they can charge for, using Bits. That is, viewers will be able to pay to take advantage of these new experiences, with a portion of the revenue being returned to the Extension’s developer.

At launch, Twitch says 80 percent of the revenue share associated with Bits in Extensions will go to the creator – as they’re the ones driving traffic to the Extension through their channel. The remaining 20 percent of the revenue will then go to the Extension developer.

Extensions - Bits - Twitch - Affiliate - Partner

Extensions with Bits will be available to every Twitch Affiliate and Partner with a Bits-enabled channel.

Several Extensions have already enabled Bits, Twitch says.

Tilted - Trivia - Sliver - Tv - Viewers

In Tilted Trivia by Sliver.tv, viewers can test their video game knowledge across a number of top titles, like Fortnite, League of Legends, Counter-Strike: Global Offensive, PlayerUnknown’s Battlegrounds, Overwatch, Grand Theft Auto V, and Hearthstone.

OneView by Esports One will let viewers predict when things will happen in League of Legends; Bit Arcade will offer arcade classics that can be played while watching a game; Poll by iPowow lets viewers guide what the streamer does next; and Rock Paper Bits by Maestro lets streamers start an...
(Excerpt) Read more at: TechCrunch
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