4 ms·

I think their system works like this: You buy two coins for $0.02 and they give one diamond or $0.01 to the recipient. This looks like a 50% cut but after App

by view 4y ago

I think their system works like this: You buy two coins for $0.02 and they give one diamond or $0.01 to the recipient. This looks like a 50% cut but after App Store fees and taxes it's more like 25%. Still bad but not 70% as implied in the article.

ravel-bar-foo 4y ago
> BBC staff in London sent TikTok gifts worth $106 from another account. At the end of the livestream, the balance of the Syrian test account was $33. So you think this is because of quantization at the level of cents in the unit of account?
- view 4y ago
  > while the company takes up to 70% of the proceeds, a BBC investigation found. I’m thinking it’s not possible for TikTok to take 70% of the proceeds if there’s App Store fees and sales taxes / VAT involved. But please show me the math if I’m wrong.