Poll: Meta Subscription 💸

This week, we asked the Invstr Community whether they plan on taking part in Meta’s own Verified subscription plan, costing up to $14.99 a month. The winner, with two-thirds of the votes, was the 67 percent of Invstrs who are absolutely certain they will not opt-in to such a service. Following Musk-owned Twitter’s release of paid verifications, otherwise known as “checkmarks”, several people questioned the value of being a verified user. Due to the notoriously strenuous process of becoming verified, people believed the ability for anyone to become a verified user, so long as you pay, defeated the purpose of the so-called “celebrity status”. The large price tag of almost $15 a month also seems quite unattractive considering the high costs Americans have endured throughout the past year.

In second place, we have the 22% of Invstrs who are considering doing the one-month free trial. Nowadays, when it comes to subscriptions, people have the privilege to try something and see if they like it at no cost. There is a chance that one month of verified status can earn a user “social cred”, something they may want to hold onto for the long run.

In third place, we have the 7% of Invstrs who are worried about the security associated with paid verifications. As mentioned prior, Twitter’s own verification subscription program did come with its own criticisms. Several instances of accounts, with names similar to major public companies and celebrities, began impersonating and sharing messages that posed a myriad of safety risks and PR concerns. The rampant unforeseen violations caused havoc that inevitably led to a rehaul of the entire paid subscription service.

To close out the podium, we have the measly 4% of Invstrs who believe the service is a good deal and is right for them. In a new technologically driven world revolving around mass communication and social media, it is nice to have a leg-up of some of your friends and acquaintances. Aside from the price tag, having a blue checkmark next to your name signifies a symbol of power and credibility to several people. Previously, these checkmarks and verifications have given both ordinary and unordinary people opportunities they would have never had, and journeys they may have never faced.

Do you think Meta’s new subscription has the potential to become wildly popular? Have fun, and see you next time with more poll results!

  • The Invstr Team 🙂
Share:
More Posts
The New Chip 💻
8 December, 2023

AMD has unveiled an AI-focused graphics processor, aiming to challenge Nvidia’s dominance.

Load More
Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Facebook Twitter Youtube Instagram Snapchat Tiktok
learn
products
plan
Who we are
blog

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.