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Twitter wants to put usernames up for online auction

Twitter is looking for ways to generate revenue and reduce the balance sheet deficit. | Font: Photo by Joshua Hoene on Unsplash

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Twitter He is still looking for ways to monetize on an ongoing basis to generate more income and is now thinking about auctioning off usernames.

In accordance with New York Times, Twitter You are thinking about creating auctions on inactive account lines and withholding a small percentage as a commission.

Auctions on Twitter

Username Twitter it is the one that appears after the “@” and, unlike the profile name, cannot be changed.

Twitter it contains a large number of accounts that have been inactive for years and no one else can take the usernames.

Musk said last month that the platform “soon will start freeing up the namespace of 1.5 billion accounts,” although he did not mention any plans to sell them to the highest bidder. It also does not say on what basis Twitter consider the account inactive.

You will also have to decide whether to auction all inactive accounts or only those that the company believes have significant monetary value.

Of course, since the launch of the service in 2006, there have already been dozens of transactions on the black market.

Wants money

Elon Musk, new CEO Twitterspent $44 billion to buy the social network.

Among all the changes he made in his first weeks at the company, he indicated that he would cut all operating expenses, even removing the office cleaning service.

It also details new forms of monetization, such as the controversial blue confirmation symbol for the Twitter Blue service.

Sources of the publication, who reported this news, note that the idea of ​​putting the names up for auction initially arose in December and is still being discussed.

We recommend you METADATA, an RPP technology podcast. News, analytics, reviews, recommendations and everything you need to know about the tech world.

Source: RPP

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