This brings a whole new meaning to “social networking.”
Twitter plans to sell 1.5 billion inactive usernames via auction, reports claim.
Such a sale will contribute to generating revenue for the social media platform.
Twitter owner Elon Musk’s net worth previously dropped to $194.8 billion, based on Forbes data.
Musk sources his wealth from Tesla and SpaceX. However, investors dropped Tesla shares out of speculative fear that he is preoccupied with Twitter.
Furthermore, the chief executive officer claimed Twitter is losing $4 million a day after his takeover resulted in advertisers pulling out.
Telegram similarly announced last year that it would sell in-demand handles via its decentralized marketplace.
Banner Photo by JD Lasica via Wikimedia Commons.