X, formerly known as Twitter, is taking steps to fulfill Elon Musk’s promise of getting rid of inactive accounts and dormant handles. According to reports, X is preparing to launch a username marketplace where buyers can purchase their desired handle for up to $50,000.
Forbes, citing internal emails, revealed that X staff have started sending solicitations to potential buyers as part of their initiative to build the marketplace. Currently, the site’s policy prohibits the release of inactive handles, defined as accounts that have not been logged into for 30 days.
While there has been no official announcement, this move signifies Musk’s commitment to removing inactive accounts and dormant handles from the platform. It also aims to improve X’s financial situation, as the company’s valuation has dropped nearly $70 million per day since Musk took over.
The news of the username marketplace has garnered mixed reactions from X users. Some see it as a brilliant idea, while others view it as a way for the platform to monetize its user base. Investor Joe Maristela commented on the potential impact of this move, stating that it could have both positive and negative consequences.
The announcement raises questions about the fate of high-profile inactive accounts like @NPR, which left the platform due to a dispute with Musk. Since X’s acquisition Musk, the platform has undergone changes in verification procedures, content moderation policies, and the introduction of new features like community notes.
However, some of Musk’s promised features, such as turning X into a banking and financial services app or a dating site, have yet to materialize. It remains to be seen which handles will be available for sale on the marketplace when it officially launches.