With the implementation of Channel Points, the opportunity for chat interaction and participation has sky-rocketed. To make it even better, allow users to redeem some of the "Channel Point" rewards using bits.

Allow the streamer to create a reward with the option to toggle "Redeem with Channel Points" and "Redeem with Bits" and set the threshold for each. This would give streamers the option create rewards that can be redeemed only with bits, only with channel points, or with either.

This would be entirely community-driven. People are already donating bits to creators, so let those donations affect the stream. It is safe from abuse, because the Channel Points system already has a "Limit how many" option. Right now, there isn't any reason to donate bits besides "I wanted to" but this would allow the community to become more personally involved in every stream and put a real meaning behind the donations that are already occurring.

Something new that "could" be added to bits is when any viewer redeems 1 or more loot with Twitch Prime on any affiliate or partner channel, that channel owner could automatically get 0.15% off bits per viewer who have redeemed 1 or more loot when on that channel. It would take 100 viewers redeeming loot to reach 15% off bits for that specific channel.

The cap of the percentage off bits for the channel owner could be 5%-15%. Once a channel reaches the cap the channel owner could have one-to-two weeks to buy the bits with a percentage off, from viewers redeeming loot on their channel (before it resets to zero).

A lot of streamers support many other channels and it's out of love that people cheer streams, so it could be a good thing to have another way to support your favourite streamer with Twitch Prime by giving the streamer a discount on bits.

:)

Once subscribed to a channel, a user will get access to the normal unlocked things but also access to a new tab next to "Gift Subs" called "Gift Bits." Gifting bits directly through a channel the viewer is subbed to will provide a discount. For example we'll say $1 = 100 bits. One option would be $1 = 110 bits if subbed...or, you could implement it as .90C = 100 bits.

You could scale bigger discounts based on longevity (consecutive months subbed) or through level of subscription (Tier 1, T2, T3.)

I do not have financial information on twitch but I imagine that the primary revenue stream is through subs/gifted subs and a supporting revenue stream of bits. This discount would encourage secondary monetary support and engagement from recurrent viewers. Providing an incentive to further support a subbed streamer will increase conversion rates for twitch and higher bit engagement for streamers.

With a volume discount theory backing this implementation, conversion rates, repeat purchases to a subbed channel, and profit margin depreciation would need to be monitored.

It could be possible to mitigate profit margin erosion through the use of a time limit ("You just subbed to x channel. You have 3 days to gift x bits for x discounted price.") This could provide both sense of urgency and increased optics that there are secondary methods to engage with a streamer.

A secondary option could be to split the profit margin erosion on the back end. The (profit margin - discounted profit margin) / 2 could be split between the streamer and Twitch. This would need to be implemented fairly and transparently as both Twitch and the streamer would receive less total payout. New bit volume would be key to sustaining this relationship.

Either way, I look forward to hearing any ideas about this!

Many Thanks,

GamerQing93

I don't know why this hasn't already been implemented, but I think it is crucial that we are able to see our cheering history on Twitch. While I understand that if someone was to purchase something like V-bucks on the epic store and use it to buy a skin on Fortnite, you wouldn't necessarily have a transaction history telling you when you purchased things and for how much, but it is definitely a feature that should be added.

The striking difference that I see between buying something like v-bucks on Fortnite and buying bits with which we can cheer is that when we spend V-bucks on items, we are paying for a material item. Maybe it's not something that we can hold or touch, but it's a virtual thing that I can see that I've bought. Through looking at that, I can deduce how many V-bucks I've spent since skin prices remain relatively constant.

There is no such luxury on Twitch. If someone hacks my account and buys hundreds of thousands of bits with my credit card, it would be nice to know where those bits went.

In addition for the need to have a bits transaction history for security measures, it would also be a nice feature to add. I know that Streamlabs added a feature a little over a year ago which implemented not only a transaction history of every donation we've made through the platform, but also, every time we donate, Streamlabs clips it so that not only do we have a written record of it, but we can relive the moment as often as we want (provided a streamer doesn't decide to delete all clips as quite a few people have done recently due to all of the DMCA stuff happening.

If this feature does ever get developed, it would be nice to have past cheers available as well so that we can see our complete cheering history and not just cheers that we have made after the feature was developed. When streamlabs came out with their new feature, it included the donations I had made going back to my very first. Obviously, clips were only made after the feature was developed, but just having the history is the important part here.