Hello, tech enthusiasts! Exciting times are ahead as a new strategy to monetize inactive usernames is on the horizon.

X, the platform formerly known as Twitter, is gearing up to sell off dormant usernames, and the starting bid is set at $10,000! This new opportunity is exclusively for Verified Organizations that already hold a $1,000 subscription.

According to a recent discovery by reverse engineer Nima Owji, X is about to roll out a “handle inquiry” process, allowing organizations to place bids on usernames that are no longer in active use. This means companies could compete for unique handles, potentially driving the prices up to heights of $500,000!

Interestingly, the concept of selling usernames isn’t new. Back in January 2023, X hinted at a possible auction model under Elon Musk’s guidance to clear out inactive accounts and provide more space for active users.

The proposed system has generated considerable buzz, especially since the concept aligns with Musk’s long-standing view of optimizing the username landscape for users. After the initial reports, many are left wondering how this will affect the overall user experience on the platform.

For now, the terms of sale remain unclear, but the FAQ section within X’s application has already begun addressing common questions regarding the handling of inquiries and how the transfer process will work, including discounts for multiple purchases.

As we await official announcements, it’s clear this move could significantly enhance revenue beyond current subscription models and could encourage more user engagement on the platform!