Sounds convincing. But only for small videos. I was also a YouTube content producer. And even earned about 200 dollars a month. Payments in 7 days - I think the main problem.
When you spend a lot of effort, time and money on content creation, $100 or even $200 bonus in 7 days is not much (assuming there is such a bonus at all).

Therefore, rich people will definitely not go for it. Yes, and advertisers also pay a lot of money.

The main problem of reaching the $100 minimum is not a problem at all. Especially if a person decides to seriously engage in the promotion of his channel.
Many questions still remain unresolved.