This brings a whole new meaning to “social networking.”
Twitter plans to sell 1.5 billion inactive usernames via auction, reports claim.
READ ALSO: Check Out: Twitter Will Start Charging Users Money For Verified Badge, According To Elon Musk
Such a sale will contribute to generating revenue for the social media platform.
Twitter will soon start freeing the name space of 1.5 billion accounts
— Elon Musk (@elonmusk) December 9, 2022
Twitter owner Elon Musk’s net worth previously dropped to $194.8 billion, based on Forbes data.
Musk sources his wealth from Tesla and SpaceX. However, investors dropped Tesla shares out of speculative fear that he is preoccupied with Twitter.
Furthermore, the chief executive officer claimed Twitter is losing $4 million a day after his takeover resulted in advertisers pulling out.
Twitter is rolling out View Count, so you can see how many times a tweet has been seen! This is normal for video.
Shows how much more alive Twitter is than it may seem, as over 90% of Twitter users read, but don’t tweet, reply or like, as those are public actions.
— Elon Musk (@elonmusk) December 22, 2022
Telegram similarly announced last year that it would sell in-demand handles via its decentralized marketplace.
Banner Photo by JD Lasica via Wikimedia Commons.
