Twitter to launch in-app currency "Coins"

San Fransico: The microblogging platform, Twitter, is reportedly working on the launch of its in-app currency 'Coins'. The currency is said to be able to help creators money on the platform, IANS reported.

App researchers Jane Manchun Wong and Nima Owji spotted the new feature, and they shared it on Twitter on Tuesday.

The screenshot posted by both researchers mentioned, "Coins allow you to support creators who Tweet great content. Unused coins are kept in your balance."

Wrong wrote, "Twitter is working on Coins purchasing screen."

"Twitter is also working on a 'Coins' menu item that takes you to the purchase screen," she added.

On the other hand, Owji said, "It seems to be an in-app currency to support the creators. I didn't find anything that relates it to *crypto* currency."

Owji had also mentioned last month that the company was working on 'Coins'.

However, it is still unclear when the platform will launch this new in-app feature.

Meanwhile, Wong had earlier mentioned that the company was working on a new feature called 'Tweet Awards.'

According to the image shared by Wong last week, users would be able to purchase gifts for one coin to 5,000 coins.

It is also likely that Twitter might get a part of the revenue generated from these coin purchases, IANS writes.