Elon Musk Says Twitter to Charge $8 per Month for Blue Checkmark Verification — Plans to Reward Content Creators – Bitcoin News

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Tesla, Spacex, and Twitter boss Elon Musk has determined to cost $8 per thirty days for customers of the social media platform to have a blue checkmark. “This may also give Twitter a income stream to reward content material creators,” Musk defined, including that “it’s the solely solution to defeat the bots and trolls.” Nonetheless, many Twitter customers are sad in regards to the introduced cost.

Twitter to Cost $8 per Month for Account Verification

Tesla CEO and Twitter boss Elon Musk introduced on Twitter Tuesday that he plans to cost $8 per thirty days for Twitter customers to have a blue verification checkmark that’s presently free. His announcement got here after a number of days of dialogue on Twitter following his acquisition of the social media platform.

Elon Musk Says Twitter to Charge $8 per Month for Blue Checkmark Verification — Plans to Reward Content Creators

In a followed-up tweet, he defined that the worth might be “adjusted by nation proportionate to buying energy parity.”

Musk additional detailed that for $8 a month, customers may also get “precedence in replies, mentions & search, which is important to defeat spam/rip-off, capacity to put up lengthy video & audio, half as many advertisements,” and “paywall bypass for publishers keen to work with us.”

The brand new Twitter chief added:

This may also give Twitter a income stream to reward content material creators.

Some individuals mentioned they welcomed the thought of Twitter paying content material creators. One consumer wrote: “Creator funds are large to incentivize content material creation. Love this concept.” Musk replied: “Completely important. Creators have to make a dwelling!”

Earlier than he settled on the $8-a-month cost, Musk thought of charging $20 per thirty days. Nonetheless, many Twitter customers reacted negatively to the thought. Well-known fiction writer Stephen King mentioned he would depart the platform if the cost will get instituted. Musk replied explaining that Twitter can not rely completely on advertisers and might want to pay the payments one way or the other. He additionally confused that “it’s the solely solution to defeat the bots and trolls.”

Elon Musk Says Twitter to Charge $8 per Month for Blue Checkmark Verification — Plans to Reward Content Creators

The professional-bitcoin CEO of Microstrategy, Michael Saylor, commented on Musk’s concept of charging $8 a month, tweeting: “The bots gained’t like this.” The Tesla CEO replied:

Sure, this may destroy the bots. If a paid Blue account engages in spam/rip-off, that account might be suspended. Primarily, this raises the price of crime on Twitter by a number of orders of magnitude.

The present Twitter verification course of is free, however the account have to be “genuine, notable and energetic” to obtain a blue checkmark, in accordance with the corporate’s web site as of Nov. 1.

Nonetheless, some persons are sad in regards to the $8/month cost. “$8 for one thing that isn’t even ad-free is so humorous,” one consumer wrote. One other defined that his primary rule on the web that has “by no means been efficiently damaged is to cost for one thing that was beforehand free.” A 3rd consumer wrote: “Quickly it’s gonna be cool to not have the checkmark.”

Philip Lewis, a senior entrance web page editor on the Huffpost, opined:

I feel this can be a elementary misunderstanding of how verification is meant to work. A blue test has been perceived as a standing image for a while when actually it’s simply alleged to inform you if a web page is genuine or not.

Tags on this story
$8 a month blue checkmark, blue checkmark, charge blue checkmark, Elon Musk, elon musk twitter, Twitter blue checkmark, Twitter bot problem, Twitter bot spam, Twitter pays content creators, Twitter pays for content, Twitter scam problem, Twitter spam problem

Would you pay $8 a month for a blue checkmark on Twitter? And, what do you consider Musk’s plan to reward content material creators? Tell us within the feedback part under.

Kevin Helms

A pupil of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source techniques, community results and the intersection between economics and cryptography.




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