Twitter Soon Charge $20 Per Month For Blue Tick Verification Badge or Verified Accounts - Full Report
Elon Musk, the CEO of Twitter, is reportedly considering a plan to charge verified users $20 per month to retain their blue tick badge. Currently, verified users can only keep their badge for 90 days if they subscribe to the paid Twitter Blue service. This would change the way verified users are recognized on the social media platform.
This move is in line with Musk's monetization strategy, which includes introducing a pay-for-play verification system. Verified accounts would pay $20 per month and will be removed from the list if the engineers fail to make the transition. Although the plan is still in the early stages, it could potentially provide Twitter with a lucrative new source of revenue.
The new CEO of Twitter, Elon Musk, has told his employees to introduce a subscription service called Twitter Blue that includes verification. This will increase the cost of verification and unlock additional features of the social networking site. Twitter is also working to introduce a new feature called Blue, which costs $ 4.99 per month.
Twitter has told verified users they have 90 days to choose the plan that suits them. If they don't, they'll lose their verified status and lose their blue checkmark. Musk has also reportedly instructed his engineers to complete the project by November 7th. Twitter Blue will give verified users additional customization settings and include ad-free articles from selected publishers.
Twitter executives have been discussing the idea of charging verified users for verification over the weekend. The executives are currently working out the details of this measure. However, the decision to charge verified accounts was spotted by journalist Casey Newton. This new measure is likely to change Twitter's business model.
Elon Musk has also taken to Twitter to mention the upcoming change to the verification process. However, it's unclear if this is part of the new Twitter Blue subscription or if it's an update to the traditional verification process. Regardless of how it comes about, we'll continue to follow the story closely.
As Twitter's popularity increases, the company has been forced to drastically reduce its staff. CEO Elon Musk has made several announcements about changes to the company's business model and structure. Since acquiring Twitter, Musk has been busy cutting staff and making rapid changes in management. He has already fired CEO Parag Agrawal and fired the company's chief financial officer Ned Sega and general counsel Sean Edgett.