Additional clarification:
No one lost a verification badge today–If you received an email that your channel will no longer be verified, this was just an advanced notice & you can appeal
The checkmark has never appeared on YouTube mobile channel pages (this will be added soon)https://twitter.com/TeamYouTube/status/1174735005215420416 …
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Is being verified the same as being able to monetize your videos?
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Being verified greatly helps getting sponsors because they know it's your real channel, or if you're a review channel it helps get those pre-launch products to review.
End of conversation
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