- Twitter is contemplating auctioning off dormant Twitter usernames in an effort to lift funds, based on the NYT.
- Final month, Elon Musk mentioned he deliberate to delete 1.5 billion inactive accounts and release “title area.”
- Insider beforehand reported that some folks go to excessive lengths to get a novel social media username.
Twitter executives are reportedly on the lookout for inventive methods to lift funds for the embattled firm.
The social media platform is weighing the opportunity of auctioning off Twitter handles from dormant accounts, based on the New York Instances, which cited two folks with data of the plan.
Conversations about these on-line username auctions have been held since final month, based on the paper.
Twitter didn’t instantly reply to Insider’s request for remark.
Twitter CEO Elon Musk mentioned final month that he deliberate to delete 1.5 billion inactive accounts from the positioning, releasing up “title area,” although he didn’t point out plans to promote the usernames on the time.
The potential plan comes as Twitter tries to understand new methods of producing income after Musk’s $44 billion buy of Twitter saddled the corporate with mounting curiosity funds. The corporate slashed its headcount by 50% late final yr and started charging $8 month-to-month for its “Twitter Blue” verification system.
Regardless of these cost-cutting measures, Musk has warned that chapter isn’t out of the query.
Whereas it is unlikely that the majority of Twitter’s dormant accounts have usernames fascinating sufficient to rake in huge bucks for the corporate, Insider has beforehand reported that some persons are keen to go to excessive lengths to acquire a novel social media deal with, generally harassing particular folks in an try to get these folks to give up their usernames.
