Display Name, and then smaller "Identity Name" underneath that
Flir
I have multiple different characters, and of course, they each have their own name. While the Display Name is absolutely essential to identify people by their account, having a smaller name underneath it (smaller, maybe italicized, to make it obvious that it is NOT the display name) to signal to others that with a given avatar you'd prefer to be addressed by a different name other than your display name.
I think that would be a worthwhile VRChat+ benefit.
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ZidaneTOrnitier
I can see this being a big hit with the roleplaying community, and those who create big, staffed events, much like a digital renaissance faire or convention.
I, personally, think a fun spin on it would be to be able to assign custom titles, per say, to specific avatars, where anyone could do it to their own avatars, but to assign custom titles to avatars not made by the user will require premium; to add, said titles could be auto used the moment you swap avatars.