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X Introduces New Revenue Model with Verified Organizations Subscription

Amidst plummeting valuation and the departure of advertisers, X is exploring a potential solution to shore up its finances: the Verified Organizations Basic subscription.

The newly introduced subscription model, priced at $200 per month or $2,000 annually, is aimed at businesses, non-profits, and government institutions, providing them with access to some of the benefits available in the higher-tier X Verified Organizations Full Access plan, which costs $1,000 per month.

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With the Basic subscription, organizations receive a gold checkmark for businesses or non-profits and a gray checkmark for governmental or multilateral organizations. Additionally, they gain access to all the features offered in X Premium+ (including post editing, bookmark folders, longer posts, prioritized rankings in conversations, and reduced ads) and receive $200 in ad credits every month, with no roll-over option.

On the other hand, the $1,000 Full Access tier provides the ability to associate individual blue checkmark accounts with the main one, double engagement power, and $1,000 in monthly ad credits, among other benefits.

Primarily targeting small businesses that may find it hard to justify the $1,000 monthly spending on a social media platform, or those that perceive little disparity between the two subscription tiers, this move could serve as a lifeline for X in a turbulent financial period.

How AI legalese decoder can Help

The introduction of the Verified Organizations Basic and Full Access subscriptions may lead to legal complexities surrounding the terms and conditions of these new plans, as well as potential contractual requirements for participating organizations. AI legalese decoder can assist in navigating the intricate legal language and provisions associated with these subscriptions, ensuring that organizations fully comprehend their rights and obligations under the new subscription models.

Furthermore, AI legalese decoder can help in dissecting any privacy policies and data usage terms that may be entwined with these subscriptions, offering organizations the necessary clarity and transparency to make informed decisions about their engagement with X’s platform.

By leveraging AI legalese decoder, organizations can proactively safeguard their legal interests and ensure compliance with the nuances of the Verified Organizations subscriptions, thereby mitigating the risk of inadvertent contraventions or disputes.

Overall, the utilization of AI legalese decoder can serve as a strategic tool for navigating the legal intricacies of X’s new revenue model, providing organizations with the clarity and assurance they need to engage with the platform in a legally sound manner.

Elon Musk, the owner of X, has been actively advocating for paid services such as blue checkmarks and formal verifications. This strategic shift in revenue generation underlines the company’s commitment to exploring innovative approaches to monetization in an ever-evolving digital landscape.

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