Twitter has revampeda its verification system, and now a prominent Web3 developer wishes to examine its limits.
gmoney, a pseudonymous NFT collector and owner of 9dcc apparel, is gamifying his company’s Twitter presence by rewarding his most active community members with free affiliate check marks and avatar badges.
Web3 developer tests Twitter’s new verification system
Gmoney tweeted this week that he will give the top 25 people on 9dcc’s Network Points leaderboard a blue check mark and a 9dcc logo badge next to their Twitter usernames. This is something that costs $50 per affiliate user per month and is currently only available to the top 25 people on the list.
Starting Monday, the Top 25 on the Network Points Leaderboard will be offered free account affiliation for 9dcc.
It’s the highest acknowledgement from @9dccxyz to reward top community members.
I fully expect other communities to follow this new trend. pic.twitter.com/VVZBkxDh4y
— gmoney.9dcc.eth (@gmoneyNFT) April 26, 2023
The visible association with gmoney and his growing Web3 brand could hold significant value for fans and collectors, given his impressive following of over 301,000. With the recent introduction of a monthly fee for basic Twitter verification, users could potentially save money by opting out of the verification process.
“The check mark is like a status symbol, right?” gmoney told Decrypt regarding why he’s launching this social media initiative. “I like to fuck around and find out a lot of times on these platforms.”
Holders of 9dcc Ethereum NFTs (connected to physical apparel) and gmoney’s own Admit One NFTs can gain points by taking part in specific online and in-person activities like as the Internet Game. However, according to the 9dcc website, the brand intentionally does not tell holders which events will grant participants points because “part of the fun is in the discovery.”
It will be expensive, though, since gmoney is paying for it. The partner checks will cost him an extra $15,000 a year on top of the gold check mark he already bought through Twitter Verified for Organizations. For 9dcc’s own gold check mark, that already costs $12,000 per year.
Gmoney said that he thinks Twitter chose to call the verified affiliate accounts “affiliates” instead of “employees” on purpose.
“It’s almost like lending your credibility to give somebody else credibility, right?” he said. “You’re not going to give affiliate status to everybody. You’re going to give affiliate status to people that are almost like trusted within your community, and have earned that right to be there.”
Gmoney views Twitter as an extension of his existing 9dcc community, and he intends to use affiliate checks to connect the links and provide something for top contributors to show off.
Even so, Gmoney isn’t sure yet if his plan to spend $27,000 a year on a Twitter check mark will be worth it. But he has a past of betting on new tech projects. For example, in January 2021, he bought a CryptoPunks NFT for a record price and worked with Adidas to bring the apparel business into the NFT world.
“Ask me again in six months, and I’ll let you know if I think it’s worth it or not,” he said of the Twitter play. “But I think for me, I just like to try things really early on. And I think part of the reason I ended up to where I am in the NFT space was because I was fucking around with the tech really early on.”
And despite the potential that Twitter may prevent gold checkmark holders like gmoney from crossing the line with their verified “affiliates,” the NFT collector is unconcerned by this possibility.
“With all of the ‘FUD’ going on around Elon [Musk] and what he’s doing at Twitter,” he continued, “to me, it could almost seem like a backdoor insanely genius move, where organizations will buy their verification and then lend their credibility to their trusted group—which all of a sudden becomes super valuable.”
When asked what he thought about the new Twitter competitor Bluesky, which is backed by Jack Dorsey and offers a decentralized option in its early access stage, gmoney had a strong opinion.
“I think we’re probably not going to be talking about it in 30 days,” gmoney said.
“I’d rather bet on the person that is literally taking the electric vehicle and rocket industry and kind of created it out of nothing,” he added, “over the guy that oversaw the massive decline of Twitter over the last decade.”
Content Source: decrypt.com
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