Snap Inc.’s Spotlight Challenges Will Offer Creators Payouts Of Up To $25K

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Snap Inc.’s Spotlight Challenges Will Offer Creators Payouts Of Up To $25K
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A new venture by Snap Inc. will pay creators for coming up with popular responses to Spotlight Challenges, a new addition to the social network’s user-generated platform. Challenges will invo…

Speaking last month at a Goldman Sachs conference, Snap CEO Evan Spiegel said the company decided to overhaul its initial compensation plan for Spotlight. When it first went live, it featured a $1 million-a-day fund designed to reward creators of popular content. But Spiegel said the setup led to too “a lot of copycat content,” prompting a rethink.

“People would see the winning content that was making the most money and then make content just like it, instead of making content that was more diverse,” he said. Snap will report its next quarterly financial results and other metrics on October 21. It has been on a hot streak, reporting a 23% jump in daily active users as of June 30, to 293 million.

The idea of challenges has been a digital staple over the past couple of years, but, like many aspects of, it has a dark side. The “Tide pod challenge” is one of many with obvious harmful effects. On TikTok, challenges conducted outside the auspices of the company have alarmed school officials and police in various communities around the country. Teens have been prodded to vandalize school property or slap teachers.

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