No, you cannot directly convert Kumu coins to cash as a regular user who purchases them. Kumu coins are primarily used within the Kumu app to purchase virtual gifts that are then sent to live streamers.
Understanding Kumu Coins and Their Purpose
Kumu coins are the virtual currency used on the Kumu live streaming platform. Their main purpose is to facilitate interactions between viewers and streamers, allowing users to show appreciation and support.
Here’s how Kumu coins typically function:
- Purchase: Users buy Kumu coins using real money through various payment channels.
- Gifting: These coins are then used to purchase virtual gifts (e.g., hearts, flowers, special animations) within the app.
- Support Streamers: Viewers send these virtual gifts to their favorite live streamers during broadcasts.
The Conversion Process for Streamers
While users who buy coins cannot convert them to cash, the system is designed so that live streamers benefit directly from these gifts. Live streamers on Kumu can receive virtual gifts from other app users. These virtual gifts are converted into "diamonds" within the streamer's account.
This is where the cash conversion happens:
- Diamonds Accumulation: As streamers receive virtual gifts, these accumulate as diamonds.
- Cash Conversion: Streamers then have the ability to convert these accumulated diamonds into actual cash, which they can withdraw. This means the value of the coins you spend ultimately supports the streamers you enjoy watching.
Key Takeaways on Kumu Coin Conversion
To clarify the flow of value on Kumu:
Role | Action with Kumu Coins/Gifts | Convert to Cash? |
---|---|---|
Regular User (You) | Purchase Kumu coins to buy virtual gifts. | No |
Live Streamer | Receives virtual gifts (which become diamonds). | Yes |
In essence, Kumu coins act as an intermediary currency. They allow users to support content creators, and those creators (streamers) are the ones who can ultimately monetize the support they receive through virtual gifts.