Alas, the $8/mo blue check is not that. Payment method is the only verification. No further effort is made. (Please correct me as Musk's answers change.)
Instead, the blue check is nothing more than flare.
Twitter's pivot towards freemium, gacha, and ultimately Freemium Speeches™ (pay-to-say) could work.
There are precedents. Vanity press and academic journals, for instance.
And I can envision a substack, medium, or twitter that enables a marketplace for value added services. Fact checking, copyediting, visual design, and so forth. An Upwork for content producers.
Alas, I doubt that's Musk's vision for Twitter.
For that, I recommend historian Jill Lepore's podcast The Evening Rocket. https://www.pushkin.fm/podcasts/elon-musk-the-evening-rocket
Spoiler: With the purchase of Twitter.com, Musk is likely rejuvenating his original goal for X.com.
To do that, we would need to break out publishing a statement into a collection of dimensions, like origin, destination, distance/reach, length, entropy/novelty, and likely some dozen or so others, then express our evaluations of them in terms of those criteria. The HN method of 'effect' is pretty good, and an origin's track record of engagement could give a new statement momentum, etc. Not to solution it - but in terms of what you would use tokenization for, it would be to impose costs on criteria expressed in these underlying message dimensions.
The goal is not that far from what birdwatch wants to do, but it's restricted to adding data context to online discourse.
I am frequently pondering those kind of thoughts regarding, low trust and crypto. And I would love to discuss it with you, or other people, if you are interested.
Basically the design dilemna is you want to anchor the moderating behavior to some hard identity or value, without ruining the collaborative spirit task.