Tiktok take rate from gifts to streamers may be around ~60%. Dollars to coins. coins to diamonds, diamonds to dollars.
Obfuscating their take rate and fostering addictions.
https://www.abc.net.au/news/2024-02-23/tiktok-superstar-economy-livestreaming-gifts/103450310
Great article. And damn, some of the streams are/were reminiscent of dark net.