Controversy Arises Over Paid Verification on Social Media Platforms Seeking New Profit Models Sparks Discussion

Recently, the famous American author Stephen King criticized a well-known Social Web's new paid verification system on the platform, stating that the monthly price of $19.99 is too high. The new owner of the platform responded, stating that the company needs to find new revenue streams and cannot solely rely on advertising income. He also mentioned that a detailed explanation will be released to explain why paid user verification is the only way to address the issues of account Bots and online provocateurs.

This controversy has sparked public discussion about the business model of social media platforms. Some believe that paid verification might improve the quality of content on the platform and reduce spam; however, others are concerned that it may impact the user experience for regular users, potentially leading to user attrition.

As competition in the social media industry intensifies, major platforms are exploring new profit models. Paid verification, as an attempt, still needs to be observed for its effects and impacts. In any case, when implementing new policies, platforms need to balance the interests of all parties, listen to user opinions, and ensure the healthy development of the platform.