Elon Musk, CEO of Twitter, made the announcement shortly after joining the company’s office that the company would remove usernames that had been offered for auction and delete over 1.5 billion inactive accounts.
Twitter has been looking for new ways to generate cash flow ever since Elon Musk took over as CEO. A report in the New York Times suggests that this social media company might begin auctioning usernames in an effort to increase its revenue.
When he discussed the possibility of auctioning off unique usernames with Twitter engineers in December, the concept first surfaced.
It is true that the business is thinking about selling usernames, but it is not clear if that will ever happen.
Elon Musk, CEO of Twitter, made the announcement shortly after taking office that Twitter would delete his more than 1.5 billion inactive accounts. The process of deleting accounts may free up numerous distinctive usernames for the platform’s auction.
Twitter has so far declined to comment.
Despite the fact that this strategy may appear to be profitable for businesses, it goes against Twitter’s original policy. This illegal activity, also known as “username squatting,” is widespread on the black market.
A young hacker was arrested in 2020 for selling famous usernames like Obama, Musk, and Trump after hacking the platform. It won’t be the first platform to pursue this idea if Twitter does so. A username auction for personal accounts and channels has been officially announced by the messaging platform Telegram.