According to Cointelegraph, posts corrected by X’s community-driven fact-checking feature will be “ineligible for revenue share,” to stem the flow of misinformation and sensationalism, Elon Musk, explained.
Sources revealed that on October 29, 2023, the executive chairman tweeted that misleading or inaccurate posts “corrected” by Community Notes by X’s crowdsourced fact-checkers would not be eligible for revenue share, stated Cointelegraph.
It is believed that Musk mentioned, “maximise the incentive for accuracy over sensationalism”. He is expected to have also mentioned that any attempted weaponisation of the feature would be “immediately obvious” as the data is open source.
However, others are expected to be supportive of the change. Furthermore, “Pay attention to those who vehemently disagree with this. It’s quite literally people who make a lot of money spreading misinformation,” Billy Markus, co-creator, Dogecoin (DOGE) told Cointelegraph.
(With insights from Cointelegraph)