Numlock News: March 31, 2022 • Caves, Autographs, Rock & Roll
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By Walt Hickey Livestreams The livestreaming sector has exploded within China, and the ocean of cash flowing to creators has regulators worried. The industry as a whole is worth $30 billion, but authorities are drafting caps on users’ daily spending on digital tipping, and caps on how much streamers can make from fans. Tips can range from the equivalent of a couple of cents to the equivalent of thousands of dollars. The current gift cap being discussed is reportedly
Numlock News: March 31, 2022 • Caves, Autographs, Rock & Roll
Numlock News: March 31, 2022 • Caves…
Numlock News: March 31, 2022 • Caves, Autographs, Rock & Roll
By Walt Hickey Livestreams The livestreaming sector has exploded within China, and the ocean of cash flowing to creators has regulators worried. The industry as a whole is worth $30 billion, but authorities are drafting caps on users’ daily spending on digital tipping, and caps on how much streamers can make from fans. Tips can range from the equivalent of a couple of cents to the equivalent of thousands of dollars. The current gift cap being discussed is reportedly