The X is working on a remarkable model to cash in cash on the social media platform. The latest updates integrated into the web application reveal that the infrastructure of a system that confirmed companies can bid to certain user names is prepared. This system will open the names in the accounts that have not been used for years.
These usernames will only be open to access to companies with confirmed corporate subscription. In order for companies to be involved in this program, they must have currently using X corporate subscription worth $ 1,000 per month. The offers to unused user names start at $ 10,000. In some special cases, this figure exceeds $ 500,000.
According to the statements in the codes, the system is designed to operate through a support boat. Institutions will be able to question their user name through this boat. If the user name is not in use, it will be answered within three working days. Then, when the purchase is completed, the name will be transferred directly to the new owner or another account of the company.
This system, which is not yet public, was first noticed by Reverse Engineering Specialist Nima Owji. Owji announced that the relevant codes were activated in the web application X last Wednesday. But a sales page that is open to users is not yet active. Despite all this, preparations for the commissioning of the system have been completed to a great extent.
In the FAQ (Frequently Asked Questions) section, where the system is elaborated, it is clearly stated how the purchase processes will work. It is also emphasized that there may be special discount options for companies for purchasing multiple user names. It is stated that these discounts will be shaped according to the number of purchases and the total bid size. This suggests that the process may be open to bargaining.
Elon Musk, previously stressed that the platform should be cleaned for a long time. With the large -scale account cleaning of May 2023, these steps were taken partially. In November, Forbes reported that X had contacted potential customers who can get unused user names. Now, this sales process is aimed at gaining formality at the institutional level.
In the current account policies of X, it is stated that unused user names are not released for the time being. However, there are examples that some user names have changed hands in informal ways. With the new system, these purchases can be carried out in a more legal and regular framework. This can enable user name ownership to be identified with clearer limits.
X may increase the number of users
This approach of the company can create an additional income gate other than advertising, subscription and developer access. Especially companies that want to have strong names in terms of brand value are expected to use this system. In parallel, individual users may try to protect their names by using their accounts regularly. Thus, the general user activity in X is likely to increase.
It remains unclear when this system will completely access this system. However, considering the completion of the technical infrastructure, the content of the sales process is prepared and the tests are continued, it is expected to be announced to the public soon. The new system will offer a legal channel to reach important user names, especially in terms of brands. As the process progresses, it will be more clearly understood how the user experience will be affected.