Glossary · Monetization

What are coins and virtual currency in streaming?

Coins, or virtual currency, are units of in-app credit that viewers buy in packs with real money and then spend inside a streaming app, most often to unlock individual episodes of a short-form series.

How a coin economy works

The viewer buys a pack of coins through the app store or a payment gateway. Each locked episode has a price in coins. Spending coins unlocks the episode permanently on that account.

Most apps also give coins away: for daily check-ins, for watching a rewarded ad or for inviting a friend. Free coins keep non-paying viewers watching and bring them closer to a first purchase.

Why apps use coins instead of prices

  • Small amounts: an episode can cost a few cents without a card payment for each one
  • One purchase, many unlocks: the viewer pays once and keeps watching without interruption
  • Bonus coins on larger packs raise the average purchase
  • Earned coins give free viewers a way to progress

When a coin model fits

Coins suit serialized short-form content, where each episode ends on a hook and the next one is a small decision. Microdramas and vertical series are the main users of the model.

They suit long-form catalogs less well. A viewer choosing one film a week is better served by a rental price or a subscription. Many short-form apps offer both coins and a subscription pass that unlocks everything.

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FAQ

Coins and virtual currency, answered.

More definitions in the streaming glossary.

Planning a streaming service?
Are coins the same as in-app purchases?

Buying a coin pack inside a mobile app is an in-app purchase. The coins themselves are a balance held by the service, which the viewer spends on content afterward.

Do app stores take commission on coins?

Coin packs sold through Apple's or Google's billing are subject to the store's commission. Packs sold on your own website are not, which is why many apps also sell coins on the web.

Can coins and subscriptions run together?

Yes. A common setup is coins for occasional viewers and a weekly or monthly pass that unlocks every episode for heavy viewers.

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