Instagram Monetization Status: New feature for creators coming soon - All you need to know

Instagram monetization status: Meta-owned photo and video-sharing platform Instagram is internally testing a new tipping feature for creators on the platform The test feature called "Gifts" would enable creators to earn money through Reels, according to IANS.

"As per TechCrunch, this feature is an internal prototype and not testing externally. The feature was first spotted by app researcher Alessandro Paluzzi back in July, when Instagram was developing the feature under the name content appreciation," IANS report added.

According to screenshots posted by Paluzzi, the feature would allow creators to toggle an option that will enable their fans to send them "Gifts". Creators would also be able to check if they are eligible for the feature under a new Gifts tab in their settings. The screenshots also suggest that users would be able to send Gifts via a button displayed at the bottom of Reels.

In 2020, Instagram launched Badges, a feature that allows users to show support to creators during a live video. Badges can cost $0.99, $1.99 or $4.99. When users purchase a badge during a live video, a heart icon appears next to your name in the comments, the report said.

Instagram has confirmed that it will soon give users the ability to repost other users' posts. Although the company has not yet released the repost feature publicly, however, it plans to begin testing it with select users soon, IANS report said.

According to IANS, Meta spokesperson told TechCrunch via e-mail:  "We're exploring the ability to reshare posts in Feed - similar to how you can reshare in Stories - so people can share what resonates with them, and so original creators are credited for their work."