Twitter laid out its future plans for the platform at an Analyst Day event on Feb. 25, 2021.
Among the announcements was a new feature called “Super Follow.”
It is the equivalent of a paid subscription option, similar to Patreon.
The subscriptions will be $4.99 a month with the ability to “cancel anytime.”
“Super Follow” will allow users to provide exclusive content to their followers.
Highlights of the feature include a supporter badge and subscriber-exclusive newsletters.
Twitter is aiming to “at least double” its total annual revenue to $7.5 billion or more by 2023.
The company also hope to have 315 million monetizable daily active users by 2023.
Twitter reported a total of 192 million monetizable daily active users in the fourth quarter of 2020.