Plan to Lower Subscription Fee to $2
Proposal to Add Dogecoin as a Payment Method for Subscription Fees
[Asia Economy Intern Reporter Kim Nayeon] Elon Musk, CEO of Tesla, who recently announced that he has become the largest shareholder of the American social media company Twitter, has announced major changes to Twitter's premium subscription service, 'Twitter Blue.'
According to the American economic media CNBC, on the 9th (local time), Musk stated on Twitter, "The Twitter Blue subscription fee should be lowered to below $2 per month (approximately 2,456 KRW), but instead, it should be in the form of paying for 12 months in advance."
Musk added, "If an account is scammed, it will be suspended without a refund," and continued, "There will be no ads on Twitter Blue," explaining, "If Twitter relies on advertising revenue to survive, the power of advertiser companies will increase when implementing related policies."
He also proposed adding the cryptocurrency Dogecoin as a payment option for Twitter Blue.
Meanwhile, Twitter Blue, launched in June last year, is Twitter's first subscription service that offers premium features through a subscription model. It is currently available in the United States, Canada, Australia, New Zealand, and other regions, with a subscription fee set at $2.99 per month (approximately 3,671 KRW).
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