With 'Super Hearts,' Periscope now lets you monetize your live streams

Periscope will now let broadcasters make money off their live streams — so long as they're willing to jump through a few hoops.

Today the live streaming service unveiled a new feature called "Super Hearts," which allows viewers to purchase in-app hearts with real money and "gift" them to broadcasters. Broadcasters can then "cash out" the virtual gift for real cash.

This has the potential to be a big deal for some Periscope's more influential users, many of whom also stream on other services that allow these types of interactions between broadcasters and fans. It may help Periscope keep some of these key users on its platform. Read more...