Elon Musk claimed on Saturday that as he continues to push out his Twitter 2.0 version of the platform, signups and active minutes on Twitter are at an all-time high. Musk posted some slides that he said were taken from a speech he gave to the Twitter staff. His idea for Twitter 2.0 was detailed in the graphs as well as some other features.
Slides from my Twitter company talk pic.twitter.com/8LLXrwylta
— Elon Musk (@elonmusk) November 27, 2022
When will we see Twitter 2.0?
Musk’s new owner of the micro-blogging platform, has given the date for the new Twitter, which he calls ‘Twitter 2.0’. While Musk was explaining his dream, a leaked document revealed the latest situation on Twitter.
According to the news in Insider, Musk predicted that the new Twitter, which he called ”Twitter 2.0”, will come to life by 2023.
”I see a path to Twitter, with over a billion monthly users in 12 to 18 months,”
Elon Musk
What do the charts say?
According to charts given by Musk, as of November 16, there were 2 million signups per day on average over the course of seven days, an increase of 66% from the same week last year. A seven-day average of 8 billion user active minutes each day was obtained, a 30% increase from the previous year.
According to the slides, which quoted internal business statistics, both numbers represented new highs.
According to another graph Musk posted, despite having peaked around the time Musk took over the company, hate speech impressions appeared to be marginally lower than they had been a year earlier. According to earlier reports, racist epithets and hate speech spiked right after the takeover.
One graph revealed that reported impersonations on Twitter drastically increased around the time of Twitter Blue’s launch, or the $8 blue check mark, before dropping to a level more in line with the previous year at the same time. The slides mentioned plans to relaunch “Blue Verified,” which was shut down after accounts with blue checks impersonated and trolled brands and well-known individuals.
Twitter is also hiring new people
The first part of Elon’s post features an image showing that Twitter hires new employees. This is how Elon Musk, who has been highly criticized for his layoffs after he took charge of Twitter, announced that he would be hiring new employees.
Details about Twitter 2.0
Elon Musk also gave some details about Twitter 2.0 in his tweet. According to the tweet, we will see the following features in Twitter 2.0:
- Advertising as Entertainment
- Video
- Encrypted DMs
- Long-form tweets
- Relaunch of ”Blue”
- Payments
While most of the ”new” features talked about are improvements to the thing that was already on the platform the payment part, on the other hand, aroused excitement. The fact that the payment section was empty in Elon’s tweet caused speculations on Doge Coin’s wing, which was previously associated with Elon Musk, and came to the fore again among users.
The newly appointed Twitter CEO outlined his ambitions in a tweet on November 27 to his 119.2 million followers, including numerous slides from a recent “Twitter company talk.” This caused a brief price increase of 19.4% for the meme-inspired cryptocurrency, Dogecoin.
After well-known tech blogger Jane Manchun Wong speculated in an Oct. 27 tweet that the company had already started working on a wallet prototype that supports cryptocurrency deposits and withdrawals, which caused a DOGE price surge of 40% at the time, rumors of Twitter’s plans for a cryptocurrency wallet surfaced in October.
And that’s all we know about Twitter 2.0 for now. It looks like Twitter CEO Elon Musk is up to something big. Keep reading us for more Twitter news, like Full-length movies occupy Twitter
