Simply final week, Tesla CEO and founding father of SpaceX Elon Musk bought a 9.2% stake in Twitter because the social media platform explores the chances of decentralization.
The eccentric centibillionaire is hell-bent on making Twitter higher within the coming months. And being a giant supporter of the Dogecoin group, one of many adjustments that Musk considers introducing is DOGE funds for Twitter Blue premium subscriptions.
Musk Teases Dogecoin Funds For Twitter Blue
Twitter Blue is the social media behemoth’s premium subscription service that was launched final June for customers prepared to pay for entry to particular options such because the Undo Tweet function — which lets subscribers delete or change their tweets earlier than its posted — and customised Twitter icons.
As now Twitter’s largest particular person shareholder, Musk shared a raft of adjustments to the corporate’s subscription service in a tweet thread on Saturday. Firstly, he steered that authentication checkmarks needs to be given to anybody who indicators up for the service, and they need to be totally different from the verification of official accounts or public figures.
Musk additionally steered that there needs to be no adverts and the subscription value be decreased. “Value ought to in all probability be ~$2/month, however paid 12 months upfront & account doesn’t get a checkmark for 60 days (look ahead to CC chargebacks) & suspended with no refund if used for rip-off/spam,” he mentioned.
Musk’s Stake In Twitter Is Dogecoin’s Acquire
Musk additional proposed the choice of paying for Twitter Blue subscriptions along with his favourite crypto asset, Dogecoin.
In addition to posting polls and commentaries on tips on how to enhance Twitter up to now, the car heavyweight has a repute for posting memes that endorse Dogecoin, subsequently pushing the worth of the token upward.
Notably, Musk’s DOGE involvement goes past enjoyable posting. He has truly been working with Dogecoin builders to enhance the community since 2019. Final Could, Musk revealed that the important thing purpose was to “enhance system transaction effectivity,” including that the event was “probably promising” and will assist dogecoin supplant bitcoin.
On Friday, Musk boosted the worth of DOGE after sending a Shiba Inu mascot up at midnight sky utilizing drones in the course of the star-studded launch of the latest Gigafactory of Tesla in Texas. Furthermore, he introduced that the EV maker is ready to create futuristic charging stations the place prospects will be capable of pay within the Dogecoin cryptocurrency.
Now being the most important particular person proprietor of Twitter shares, Musk is more likely to push for extra DOGE integration on the social media platform.
Dogecoin has been advancing in current days on the again of Musk/Twitter-related information. The cryptocurrency is buying and selling at $0.14 as of publication time.