Twitter has been thinking of selling usernames to users, just as their own ways of generating more revenue, as the report coming from the http://New York times. This is confirmed from the social network owner Elon Musk, trying to increase the means of income for the company. Below is the details about Twitter auctioning Usernames.
It is stated that engineers in the company (Twitter) will be organizing an online auction, which will give users or people to bid or make request for handles (usernames). This has been looked into by Elon Musk and his engineers since December. It is not yet known if this idea will work or even affect all existing usernames, or only maybe some users will be affected.
It was last month (December) that Elon Musk stated in one of his tweets that Twitter would soon start freeing up to 1.5 billion usernames, noting that all inactive accounts would be deleted. After Musk acquired the social media in October, he said in his tweets then that he is interested in freezing up accounts with desired usernames.
People have been buying coveted Twitter usernames on the black market for some years back. This is despite the fact that the Twitter username squatting policy does not allow the selling and buying of usernames. With this, hackers have been attracted with the selling of usernames. An example was a teenager hacking several notable figures account on Twitter in 2020. The teenager was arrest for hacking the account of the likes of Musk himself, Bill Gate, Barack Obama etc.
Twitter Auctioning usernames and other means of Income
As Telegram has announced in October, that will it hold an auction for usernames. Either individual account or channels, via a marketplace built on top of the TON blockchain.
Ever since Musk took over Twitter with a sum of $44 billion, since then he has been looking for ways to improve and increase his level of income for the company. According to report, it is noticed that a lot of advertisers have left the platform since the ownership of Musk. And also, the company has been cutting down it internal revenue projection.
There have been several changes by Twitter some month ago, based on how to increase their means of revenue. Earlier in this month, the Twitter community said it plans about lifting political ads in the coming week. One of the way Twitter has tried to increase their income is that, a revamped Twitter Blue subscription of $7.99, which comes with a verified blue checkmark has been introduced by the social media network in November.
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