Elon Musk’s takeover of Twitter has ushered in a new era for the social media site.
Twitter bots have been at the centre of controversy during Musk’s first attempt to back out of the acquisition deal. Despite having previously stated that he wanted to buy the company to address its bot problem, Musk moved to terminate the agreement less than three months after signing the agreement. He cited claims that Twitter had overstated the number of bots on its platform.
But days after completing the $44 billion buyout of the microblogging site, Elon Musk revealed that the blue-tick verification on Twitter, will cost users $8 per month as he looks to create an income stream. Paywall bypass, priority in answers, mentions, and searches, as well as the option to publish lengthy audio and video, are all included with the $8 monthly fee.
Elon’s War on Twitter Bots
However, his major victory lies in the promise of getting rid of bots & spammers from Twitter. Because according to Musk, this new verification system will completely obliterate them. And if any “paid blue account” engages in spam, that account would be blacklisted from the social media platform right away.
Yes, this will destroy the bots. If a paid Blue account engages in spam/scam, that account will be suspended.
Essentially, this raises the cost of crime on Twitter by several orders of magnitude.
— Elon Musk (@elonmusk) November 1, 2022
New Reward System for Content Creators
Elon Musk also confirmed that creators would now be able to monetize their content on Twitter. When asked about the creator’s payment, Musk responded by stating it is “Absolutely essential. Creators need to make a living!”
This in turn has raised speculation of DOGE being accepted as the preferred crypto payment due to Musk’s fondness for the project. He hinted of that by sharing an image of a Shiba Inu dog wearing the Twitter T-shirt in a recent tweet.
— Elon Musk (@elonmusk) November 1, 2022
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Source: https://coingape.com/elon-musk-finally-has-a-plan-to-destroy-bots/