Following his Thursday acquisition of the social media company, Elon Musk intends to charge $20 per month for the Blue verification mark on Twitter. But according to a recent survey, approximately 80% of respondents are unwilling to pay for Twitter's Blue verification symbol. Elon Musk voted as well and says the outcomes are "interesting."
Elon Musk Responds to a Survey Regarding Twitter Verification
The question of how much people should pay for the Twitter verification checkmark was put to a Twitter poll by American podcaster and internet entrepreneur Jason Calacanis. Surprisingly, approximately 80% of the 463K respondents to the poll chose "wouldn't pay." Meanwhile, 5.9% said they would pay $15 per month, 2.7% said they would pay $10, and 11.9% said they would pay $5.
On Monday, Elon Musk tweeted that "the whole verification procedure is being revised right now" and that he found the voting to be "interesting."
Elon Musk is presently developing Twitter Blue, a $4.99 monthly subscription that offers premium features. Musk intends to charge $19.99 per month for the Twitter Blue subscription, which also comes with the Blue verification feature.
Additionally, verified users would have 90 days to sign up for Twitter Blue before their blue checkmark is removed. According to reports, Elon Musk intends to terminate project workers if they fail to deliver by the deadline of November 7.
People backed Elon Musk's attempts to reform Twitter, particularly addressing the bot problem. The decision to charge $20 for a subscription and verification was slammed by Twitterati. It implies that anyone with $20 may verify themselves and continue to send spam or run frauds.
Price of Dogecoin (DOGE) Increases by Over 100% in a Week
Although Elon Musk's acquisition of Twitter has caused Dogecoin to surge even further, about 62% of Dogecoin wallet addresses are currently profitable. Over 100% of the price of Dogecoin increased in a week. Elon Musk, though, hasn't reaffirmed his backing for adding Dogecoin to Twitter.
The DOGE price is $0.11 at the time of writing, down 8% over the previous day. Dogecoin's low and high points for the previous day are $0.11 and $0.13, respectively.