Elon Musk plans to charge $20 a month for the Blue verification brand on Twitter after taking control of the social media company on Thursday. However, a new poll shows that nearly 80 percent of respondents are unwilling to pay for the Blue verification brand on Twitter. Elon Musk also voted and finds the results “interesting“.
Elon Musk comments on Twitter verification poll
American entrepreneur and podcaster Jason Calacanis posted a poll on Twitter on the price to pay for Twitter’s verification brand. Surprisingly, nearly 80 percent of the 463,000 respondents voted “I wouldn’t pay“. In contrast, 11.9% are willing to pay $5, 2.7% might pay $10, and 5.9% voted to pay $15 per month.
How much would you pay to be verified & get a blue check mark on Twitter?
– jason@calacanis.com (@Jason) October 31, 2022
Elon Musk also commented and found the vote “interesting“. On Monday, Musk tweeted that “the entire verification process is being revamped right now.“
Interesting
– Elon Musk (@elonmusk) October 31, 2022
Currently, Elon Musk is working on Twitter Blue, an optional $4.99 monthly subscription offering premium features. Musk plans to charge $19.99 per month for the Twitter Blue subscription and include the Blue verification feature.
In addition, users who are currently verified would have 90 days to subscribe to Twitter Blue or lose their blue checkmark. Elon Musk reportedly intends to fire employees working on the project if they fail to meet the November 7 deadline.
While people have been supportive of Elon Musk’s efforts to make changes to Twitter, including solving the problem of bots. Twitterati have criticized the decision to charge $20 for a subscription and verification. This means that anyone with $20 can be verified and still send spam or scams.
Dogecoin (DOGE) price climbs more than 100 percent in a week
As Dogecoin continues to climb after Elon Musk’s takeover of Twitter, nearly 62 percent of Dogecoin wallet addresses are now profitable. The price of Dogecoin has jumped more than 100 percent in one week. However, Elon Musk has not reiterated his support for integrating Dogecoin into Twitter.
At the time of writing, the price of DOGE is trading at $0.11, down 8% in the past 24 hours. The 24-hour low and high for Dogecoin are $0.11 and $0.13, respectively.