$8/month for Twitter Blue tick: Elon Musk reveals monetization strategy for accounts looking to maintain verified status
Elon Musk's recent Tweets suggest that the blue tick badge on Twitter that signifies a verified official account of public figures might become a fully-fledged paid service costing a net amount per month in exchange for extra features.
Musk's Twitter takeover in the last week or so has been the talk of the internet as the South African-Canadian-American made quite a splash by announcing significant changes to the platform after the acquisition. One of them appears to be the $8 per month charge for a previously free service that was provided by the platform.
The new CEO announced his intentions to monetize the blue tick a couple of days ago, eliciting a variety of responses from users and famous personalities alike. Popular author Stephen King called out the strategy in a recent tweet to which Elon had responded by saying, "We need to pay the bills somehow."
Similar sentiments have been talked about in his latest thread where the billionaire laid down his plans to transform the blue tick into a paid service which will apparently solve what he called the "lords and peasents system" on the platform. Making a statement about giving power back to the masses, the world's richest man Tweeted:
Previously, the blue tick was a badge given by the social media platform to those who it deemed to be important public figures, celebrities and organizations to give them official status on the platform.
While there was speculation about the pricing, Musk has said that while the $8 charge will be applicable in the US, the monthly fee will be regionally priced. Meaning, countries will have different rates according to their "purchasing power":
As mentioned before, with the price tag, the service will act as a premium upgrade for accounts with the
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