X may soon start selling inactive usernames to verified organizations starting at $ 10K, Code reveals

The X plan for raising revenue by selling usernames in his service in his service begins to form. According to the recent changes found in the X web application, the company creates a “inquiry handle” process that will allow Verified organizations – Companies and other organizations that already have a $ 1,000 subscription per month – bid on abandoned X handles. These offers will start at $ 10,000 and can range to over $ 500,000, according to frequently asked questions found in the web application.

Updates were first spotted From the opposite engineer Nima Ogi, who told TechCrunch that he saw the changes to the Go Live web application on Wednesday. The website where organizations can acquire a handle is still not live in the public.

The idea of ​​making money by selling handles is something X sailed before Under the property of Elon Musk. The New York Times reported In January 2023, the company, after which, still called Twitter, was considering setting up an online auction to bid on handles.

Musk also has Long supported the idea to release the X names of X for active users having already cleared a number of inactive accounts service Back in May 2023S

In November 2023, Forbes also reported that X was Actively attracting buyers Who may be interested in acquiring unused handles, but no official announcement was made. X’s Documentation for inactive accounts states that the company “cannot release inactive usernames at the time” although there were some reports to people who buy usernames on X out of formal process.

By allowing companies to formally buy the desired usernames, X can generate another stream of revenue outside subscriptions, ads and access to developers. This move may also encourage other X users to continue to publish if they do not want their handle to get up and then sell.

So far, the frequently asked questions describe in detail the answers to a handful of common questions that X users can have about the process, including how to start a handle request, what the sales process is and how the transfer will work.

As the still non -published website explains, interested users will work with an automated support bot to start a request for a username they want to buy, and X will answer if the handle is available within three business days. Once the handle is purchased, it will be transferred to the new owner within one or two days or can be moved to another account that the business already owns, FAQ says.

The discounts can also be available for the purchase of multiple handles at a time, depending on the number and size of the offer, the website notes.

X was asked for a comment on his plans around the handles, but did not answer.