>they lose a big part of their appeal to the average person.
However, there is a lag time between when the status-conferring benefits end and the semantics of the blue check mark in the minds of users catches up. They can potentially make a lot of money in that lag time and bootstrap a new valuable semantics around the verified label.
However, there is a lag time between when the status-conferring benefits end and the semantics of the blue check mark in the minds of users catches up. They can potentially make a lot of money in that lag time and bootstrap a new valuable semantics around the verified label.