X (Formerly Twitter) Will Start Charging Users $1 Per Year For Key Features

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X (Formerly Twitter) Will Start Charging Users $1 Per Year For Key Features

Social Media 2 Mins Read October 18, 2023 Posted by Soumava Goswami

Elon Musk?s X (formerly known as Twitter) is testing a plan where users will need to pay $1 per year to get access to key features, including the ability to tweet and retweet, reply, like, etc. The change is confirmed in X?s Help Center. The program went live in New Zealand and the Philippines on Tuesday.

The social media platform is coming out with a new program called ?Not a Bot? and is currently running a test version of the program. The platform has already started testing the program in the Philippines and New Zealand as a part of a new trial to access key features. If someone wants to like a post, reply, tweet, or retweet a post, they will need to pay the subscription fee.

However, if someone does not want to subscribe to the plan, they will only be able to see the posts, read them, watch videos, and follow accounts. The goal behind creating this plan, as per the platform, is to

?reduce spam, manipulation of our platform and bot activity.?

Elon Musk stated regarding the plan –

?It?s the only way to fight bots without blocking real users. […] This won?t stop bots completely, but it will be 1000X harder to manipulate the platform.?

Last month, Elon Musk posted on X that the platform is moving to keep a small monthly payment for usage.

Although the platform will surely be safer, there is also the risk of losing many users. If X goes behind a paywall, it might use a large number of users. This change might bring down the advertising revenue of the platform, which is currently the company?s biggest source of income.

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Inspired by The Social Network, Soumava loves to find ways to make small businesses successful – he spends most of his time analyzing case studies of successful small businesses. With 5+ years of experience in flourishing with a small MarTech company, he knows countless tricks that work in favor of small businesses. His keen interest in finance is what fuels his passion for giving the best advice for small business operations. He loves to invest his time familiarizing himself with the latest business trends and brainstorming ways to apply them. From handling customer feedback to making the right business decisions, you’ll find all the answers with him!

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