Twitter Considering Selling Usernames in Online Auctions: What You Need to Know
Is your dream Twitter handle finally within reach? Reports suggest Twitter is considering selling usernames in online auctions as a new revenue stream. The prospect has been floated among the company as a way to boost business, according to multiple sources.
Auction Block for Twitter Handles?
Plans to sell Twitter handles through online auction are here, or at least being seriously considered. The New York Times reported Wednesday (Jan. 11) that the social media platform is exploring this option. A report from The New York Times states that Twitter is considering selling usernames to boost revenue, citing anonymous sources. Yahoo Finance tech editor Dan Howley details how Twitter is considering auctioning off inactive usernames as a means for diversifying its revenue, according to a new report.
How Would a Twitter Username Auction Work?
Engineers at the social media site Twitter users reportedly may soon be able to bid on and buy usernames. While details are scarce, the idea is that highly sought-after, inactive usernames could be put up for auction, allowing users to bid for the chance to claim them. The New York Times has reported that Twitter is considering the idea of selling user names in online auctions.
Why is Twitter Considering Selling Usernames?
The company has found some financial success with the username auction block (presumably referring to previous domain name-like activities) and is actively seeking new ways to improve its financial performance. This initiative also follows reports that Twitter even started selling fake phone numbers which could be used to log in to accounts, further illustrating the company's push for revenue diversification.
Stay tuned for updates as this story develops. Will you participate in a Twitter username auction?