Instagram could be planning a paid verification system

The possibility of this new feature came to light after reverse engineer, Alessandro Paluzzi, discovered code snippets referring to a "paid blue badge".

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Instagram may be considering introducing a paid verification system, following in the footsteps of Twitter. This new system would allow users to pay a fee to receive a blue verified badge next to their profile. 

The possibility of this new feature came to light after reverse engineer, Alessandro Paluzzi, discovered code snippets referring to a “paid blue badge” and a new subscription product in both Instagram and Facebook’s app.

Paluzzi shared screenshots of the app’s code with TechCrunch that included lines stating “IG_NME_PAID_BLUE_BADGE_IDV” and “FB_NME_PAID_BLUE_BADGE_IDV.” He suggested that “IDV” could stand for identity verification. 

Paluzzi also mentioned that he found references to a new type of subscription product that wasn’t previously present in the app. This same reference was also found in the latest build of the Facebook app. However, this information should be approached with caution, as the feature is not yet visible inside the app.

While these code snippets give us a glimpse of what may be in the works, it is important to note that nothing has been officially announced by Instagram or Facebook. It is also not yet clear how the paid verification system would work, it could be a one-time fee or based on a subscription model, similar to Twitter’s approach. 

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Abhinav Kumar

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Abhinav is an editor at OnlyTech. He is a tech enthusiast who loves to read and write about new things. He spends most of his time tinkering with smartphones or computers when not writing about tech.

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Facebook world's no.1 Social networking site buys a Instagram photo app for $1 Billion.

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What Is Instagram?
Instagram where users take pictures with smartphones, edit and retouch them with borders and filters, and then post the images on social networks. Instagram Founded in 2010, it has become the most popular free photo-sharing application on Apple Inc.

Where Instagram, owned by San Francisco-based Burbn Inc., was valued at $500 million after raising about $60 million.

Zuckerberg’s full announcement is show as below and in their Facebook Profile Post:

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FTC investigating Facebook-Instagram deal'

The US Federal Trade Commission has reached out to Google and Twitter in an investigation into Facebook's $1 billion acquisition of photo-sharing service Instagram, a source familiar with the probe told Reuters.

It was not immediately clear what specific information the FTC was looking for, the source said. The Commission automatically initiates a review of any acquisition of significant size.

The acquisition of the top photo-sharing service on the internet is a crucial part of Facebook's strategy to bolster its mobile offerings, at a time when consumers are increasingly accessing the internet through smartphones.

Facebook had said it hopes to complete the deal -- the largest in Facebook's history -- in the second quarter, but some observers think that may be an ambitious target, given the size of the deal and Facebook's status as the world's No.1 internet social network with roughly 900 million users.

The FTC's review of the deal comes as Facebook is preparing to raise as much as $12 billion in a record-breaking initial public offering that could occur as soon as next week.

Some investors have cited Facebook's limited advertising revenue from the mobile versions of its service as a potential concern with regards to the company's long-term growth potential.

Facebook and Twitter declined to comment. Google was not immediately available for comment.

-Times Of India

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