Elon Musk recently announced changes to X’s premium features, making them free for accounts with a certain number of followers. While this decision aims to democratize access to premium services, concerns have been raised about its potential misuse by scam accounts.
Musk declared that accounts with 2,500 verified subscribers will no longer need to pay for “Premium” features, and those with over 5,000 followers will receive free access to “Premium+.”
X offers paid subscriptions for Basic, Premium, and Premium+ tiers, unlocking additional features for content creators.
The ability to purchase verification on X has enabled scammers to impersonate influential individuals and perpetrate scams.
Despite Musk’s intention to combat scams with the paid verification model, the crypto community argues that X’s premium features continue to facilitate scamming activities.
Some skeptics worry about potential loopholes, such as the lack of information on how X verifies eligibility for free premium features.
Prominent figures like game developer Tyler Glaiel expressed concerns about the possibility of bot farms exploiting the new system to verify numerous accounts and perpetrate scams.
While some users appreciate the decision not to charge for verification fees, others believe it may incentivize large groups of scammers to collaborate and repurpose accounts for cyberattacks.
Smaller accounts on X feel disadvantaged by Musk’s decision, which they perceive as favoring the wealthy. Some suggest exploiting the system by following each other to claim free premium services.
X previously scaled back pricing for verified organizations to counter numerous accounts dedicated to crypto scams.
However, critics speculate that this price drop may have been a strategy to attract more paid subscribers rather than effectively combatting scam accounts.
Elon Musk’s decision to make premium features free for verified accounts on X raises concerns about the potential exploitation by scam accounts. While intended to democratize access, the move highlights the ongoing challenge of combating scams and maintaining platform integrity in the cryptocurrency space.
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