I think it makes a lot of sense.
It should be like getting your PayPal account verified - such as inputting some sort of data to verify. It's just a means of knowing for absolute sure you're dealing with a quality user.
Mere moments ago Twitter launched the first leg of its "Verified Accounts" program.
Now celebrities such as Oprah and PuffDaddy P Diddy Diddy (among others) carry the following Verified Account badge.

What does this mean for everyday Twitter users? The Twitter verified accounts help page says the following...
With this feature, you can easily see which accounts we know are 'real' and authentic. That means we've been in contact with the person or entity the account is representing and verified that it is approved. (This does not mean we have verified who, exactly, is writing the tweets.)
This also does not mean that accounts without the 'Verified Account' badge are fake. The vast majority of accounts on the system are not impersonators, and we don't have the ability to check 100% of them.
Currently the badge can only be found on a handful of high-profile accounts (celebrities, athletes, musicians, etc.) But, you can expect more to be added as celebrities and other public figures want to prove their legitimacy to followers.
It should be noted that Twitter isn't testing this feature with businesses yet, but I'd say you could expect this feature fairly soon.
Are you glad Twitter added this feature? Tell us.
I think it makes a lot of sense.
It should be like getting your PayPal account verified - such as inputting some sort of data to verify. It's just a means of knowing for absolute sure you're dealing with a quality user.
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How is Twitter going to deem
How is Twitter going to deem who is a celebrity?
Sounds like a lot of bruised egos are going to happen.