After taking over the company on Thursday, Elon Musk announced that he intends to charge $20 per month for the Blue verification mark on Twitter. A new survey, however, reveals that 80% of Twitter users are against shelling out money for the Blue verification badge. Even Elon Musk cast a ballot and found the outcome to be “interesting.”
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Elon Musk Discusses Twitter Verification Poll
Jason Calacanis, an American Internet entrepreneur and podcaster, recently conducted a Twitter poll to determine the appropriate price for the verification badge. Almost 80% of the 463K people who voted on the poll said they “wouldn’t pay,” which was a big surprise. Eleven percent of respondents said they would spend $5 per month, 2.7 percent said they could pay $10, and 5.9 percent said they would pay $15.
Elon Musk has also weighed in
Calling the polls “interesting.” On Monday, Musk tweeted that “the entire verification procedure is being redesigned at this time.”
Elon Musk is now developing Twitter Blue:
A premium subscription service that costs an extra $4.99 per month. Musk has proposed a monthly fee of $19.99 for access to Twitter’s Blue service, which will include the service’s Blue verification feature.
In addition, verified users would have 90 days to upgrade to Twitter Blue or lose their status as verified. If the team fails to finish the project by November 7, Elon Musk is reportedly preparing to terminate everyone involved.
Although many were on board with Elon Musk’s plan to reform Twitter, many more were not. The decision to charge $20 for a subscription and verification was met with backlash from the Twitter community. That means that anyone who can spare twenty dollars can get themselves confirmed and carry on with their spamming or scamming.
During the Past Week, the Value of Dogecoin (DOGE) Has Increased by Over 100%
The price of Dogecoin keeps going up since Elon Musk bought Twitter, and currently over 62% of all Dogecoin wallet addresses are making money. The value of Dogecoin has increased by more than 100 percent in the past seven days. Although Elon Musk has previously shown enthusiasm for Dogecoin on Twitter, he has not done so recently.
The price of one dogecoin (DOGE) is currently $0.11, down 8% in the last 24 hours. Dogecoin has fluctuated in price between $0.11 and $0.13 over the past 24 hours.
Source: Google Trend