New users of the social network X may be charged commissions when posting posts to counter fake accounts. This proposal was put forward by the owner of the platform, Elon Musk.
Unfortunately, a small fee for new user write access is the only way to curb the relentless onslaught of bots.
Current AI (and troll farms) can pass “are you a bot” with ease.
"Unfortunately, a small fee for access to publishing posts for new users is the only way to curb the merciless onslaught of bots. Modern AI (and troll farms) can easily bypass [the security system] Are You a Bot," the billionaire wrote.
In October 2023, the social network launched a test of creating an account for $1 for residents of New Zealand and the Philippines. Musk plans to extend this practice to all other users.
Onchain detective ZachXBT expressed skepticism about the results of such an initiative.
Not sure I agree this will bring the results you think it will. There are hundreds of business verified scam accounts every week which scammers pay thousands of dollars for. pic.twitter.com/C7GMj0Zavq
— ZachXBT (@zachxbt) April 15, 2024"Every week, hundreds of verified scam accounts appear, for which scammers pay thousands of dollars," he noted.
According to him, there is a whole black market for this, where criminals can get a verified account with a "tick" at their disposal.
A user under the pseudonym Ansem noted that Musk "greatly underestimates" the number of X users exposed to scam attacks on a daily basis.
you vastly underestimate how many of your users are scammed on a daily basis on this platform which is why you think this small fee is an actual hurdle
these scammers are printing infinite daily they do not give af about paying pennies to make 5 figs+
"You guys need a few more employees who are active and experienced users of this site. They will tell you what actually makes sense to implement, since [your ideas] are on the verge of incompetence," the community member added.
DeFi analyst Ignas suggested that Musk just wants to make money, not solve the problem.
You are speaking sense but @elonmusk probably just wants to cash the cow and not really solve the problem.
More subscriptions -> more revenue. And bots generate a lot of sub fees for him.
"More subscriptions means more revenue. And bots generate a lot of additional commissions," he explained.
Previously, the owner of X has already announced his intention to make the platform paid for all users. According to him, the social network plans to charge a "small monthly fee."
Recall that Musk's previous initiative to rid X of bots with a subscription for $8 per month did not bring significant results. A study by dappGambl showed that about 10% of followers on popular accounts on the subject of cryptocurrencies are still fakes.